We're awarded
What’s so good about our green car loans?
We care about the environment. We encourage you to care too. That’s why we offer a great discount on our car loans if you choose to buy a more environmentally friendly car like a qualifying hybrid or electric car, so we can work together to lower the emissions in the environment.
We offer loans of 3, 4, or 5 years for new and used ‘green’ cars from a car dealership on either a low variable or fixed rate loan.
Our loans have no ongoing, monthly or annual fees. If you choose a variable green car loan, you’ll also have the option to make extra repayments to your loan fee-free, or redraw from the loan. If you choose a fixed green car loan, you’ll have the option to reduce regular repayments by adding a balloon payment to your loan.
Get started
Apply online today. Or, one of our friendly lending specialists can do the hard work for you and manage your paperwork over the phone.
Either way, we can settle your green car loan quickly so you can start saving thousands (and saving the environment) sooner.
Car Loan Rates
Our Car Loan Interest Rates
Car loan Type
Interest rate p.a.**
Comparison rate p.a*
Rate type
Balloons available
Green - Hybrid or electric
4.64%
4.99%
5.19%
5.54%
Variable
Fixed
No
Yes
New - Special^
4.74%
5.69%
5.29%
6.24%
Variable
Fixed
No
Yes
New
5.34%
6.49%
5.89%
7.04%
Variable
Fixed
No
Yes
Green - Hybrid or electric
New Car - Special^
New Car
Want to see more car loan options? Compare our car loans
Want to see more car loan options? Compare our car loans
What is green car?
To qualify for the ‘green’ discount, your car must be hybrid or electric, meaning your vehicle has significantly lower CO2 emissions when compared to other cars of its size.
Cars eligible for our green car discount include models from a number of manufacturers, including Tesla, Toyota, Mercedes, BMW and more.
Some popular eligible cars that we’ve helped customers with include:
- Tesla Model 3
- MG Electric
- Toyota Corolla SX Hybrid
- Toyota Rav4 GXL Hybrid
- Toyota Camry Ascent Sport Hybrid
- Lexus ES300h Sports Luxury
- Mercedes-Benz C 300e PHEV
To find out if your car is on our approved list for the ‘green’ rate discount, call 13 10 90 to speak to one of our car lending specialists.
Benefits of hybrid cars and green car finance
Apply in minutes, approval in 24 hours~
Apply for your loan at the click of a button, and find out if you’ve been approved within a day.
No ongoing, monthly or annual fees
We won’t charge you any ongoing, monthly, or annual fees, so you can focus on paying your loan off and owning your car sooner.
Loan terms for 3, 4 or 5 years
Enjoy the flexibility of choosing a loan term of 3, 4 or 5 years, and you decide if you pay weekly, fortnightly or monthly.
Flexible loans
Choose either a low rate variable loan with the option to make extra repayments, or a low rate fixed loan and you can add a balloon payment option.
Lower fuel and maintenance costs
Powering your hybrid or electric car costs far less compared to petrol for similar vehicle types. Plus, green cars are less likely to have problems, making servicing often cheaper.
Zero CO2 emissions = better for the environment
Green cars are a far more environmentally friendly choice than petrol cars.
Apply in minutes, approval in 24 hours~
Apply for your loan at the click of a button, and find out if you’ve been approved within a day.
No ongoing, monthly or annual fees
We won’t charge you any ongoing, monthly, or annual fees, so you can focus on paying your loan off and owning your car sooner.
Flexible loans
Choose either a low rate variable loan with the option to make extra repayments, or a low rate fixed loan and you can add a balloon payment option.
Loan terms for 3, 4 or 5 years
Enjoy the flexibility of choosing a loan term of 3, 4 or 5 years, and you decide if you pay weekly, fortnightly or monthly.
Lower fuel and maintenance costs
Powering your hybrid or electric car costs far less compared to petrol for similar vehicle types. Plus, green cars are less likely to have problems, making servicing often cheaper.
Zero CO2 emissions = better for the environment
Green cars are a far more environmentally friendly choice than petrol cars.
Green Car Loan FAQs
Green cars are usually very fuel efficient and often have lower running costs. At this stage, loans.com.au will only consider hybrid and electric cars to be eligible for the green car discount. To check if your car qualifies for the Green Car discount, chat to us on Live Chat or 13 10 90.
There are many benefits to going green when choosing your next car. Whether it be fewer carbon emissions, fewer trips to the petrol station or potential tax and rego benefits, it’s certainly worth considering a Green car.
You certainly can! A balloon payment is a one-off lump sum that you might agree to pay your lender at the end of your car loan’s term.
This one-off final payment will account for a large proportion of your car loan so your regular car loan repayments can be reduced as a result.
It’s important to note - the balloon repayment option is only available if you get a fixed car loan, and will not be available for the variable car loan.
Green cars are usually very fuel efficient and often have lower running costs. A green car loan is a different type of car loan product which we offer at loans.com.au at a discount to encourage borrowers to opt for a more environmentally efficient choice of car.
At this stage, loans.com.au will only consider hybrid and electric cars to be eligible for the green car loan discount. To check if your car qualifies for the Green Car discount, chat to us today.
The process for applying and settling a green car loan is very similar to our regular car loan process, which you can find out about here:
How to get a car loan to buy a car
The only difference with a green car loan will be ensuring your car is eligible for the discount. At this stage, only electric and hybrid vehicles are eligible, so if you’re not sure, chat to our friendly team of car lending specialists today.
At loans.com.au, we can assist with a green rate for vehicles that are electric or hybrid. Some popular examples for green cars might include Toyota Rav4 Hybrid, MG ZS (Electric Vehicle), Mitsubishi Outlander Hybrid, Mitsubishi Pajero Sport Hybrid, Hyundai Kona Electric.
You could get pre-approval on your green car loan in around 30 minutes, and we can have the loan settled in 2-4 business days, pending all the lending criteria is met.
Read some of our real good feedback.
Our Google Rating
“ From getting pre-approval to settlement, the team were easy to deal with
From getting pre-approval to settlement, the team were easy to deal with and submitting documentation through the portal was an easy process. Ray the lending manager was extremely helpful - I'm a first home buyer and he was able to explain things clearly to me along the way, which is what I needed. Finance was done super quickly as well. Highly recommend loans.com.au.„
Kristy D.
July 26, 2022
“ Whole process is easy and stress free
From the initial phone call Ray was professional and very helpful. He went through all options and made the whole process easy and stress free. Have already recommended him and loans.com.au to family & friends.„
Steve S.
July 06, 2022
See how low your car loan repayments could be.
Why do people choose us?
loans.com.au is an award-winning online lender. We’ve been making it easy for Aussies to save thousands on their home and car loans for the last 10 years.
Low rates & fast decisions
Our online model means we can offer extremely low rates to help you buy your ‘green’ car. Fewer overheads and efficient processes means we can pass those savings directly on to you and assess applications quickly, so you can get your car on the road sooner and for a lower rate.
Australian based support team
Our team of experienced, Australian-based experts are here to help you at every step of the way. You’ll talk to a real person who is here for you and genuinely wants to help you get the keys to your ‘green’ car.
Flexible options
No matter what car you’re looking at, it’s likely we can help you. If you’re at the dealership, we’ll offer a green car discount for hybrid and electric vehicles. Plus, you can get a low rate variable or fixed loan, plus the option for balloon payment.
Award winning
By keeping our interest rates low and the loan process simple, experts continue to recognise us with awards for our products, innovations and customer service, year after year, since 2011!
Hassle free
Find out if you qualify for a green car loan discount in just minutes. The application process is simple, online, plus we’re here to help at each step of the way.
onTrack advantage
onTrack is our online app which allows you to complete your car loan application on your device and track progress through to settlement. In onTrack you can complete your loan application in your own time, as it suits you. But as always, we’re here to help!
At loans.com.au, we help people into their dream homes and cars.
For the last 10 years, thousands of Aussies have trusted our experienced & locally based team with some of their biggest financial decisions - buying a home, a new car or refinancing to save on interest.
Our customers trust us to support them with low home loan and car loan rates, approved quickly through our easy-to-use online app.
loans.com.au is completely safe and financially backed by Firstmac, Australia’s 12th largest lender. Firstmac has been operating successfully for more than 40 years, and has $16 billion in mortgages under management, as Australia’s leading non-bank lender.
We are also actively involved in our local community with our loans.com.au Women, Children & Community Program designed to support Australian charities on their mission to raise awareness for important causes.
Read our story
If you want to make the green switch to save the environment and save money on fuel, here are the best eco-friendly cars you can buy in 2018.
When you think of an SUV for off-roading or just for driving around the city, you might think of them as gas-guzzling giants that burn through fuel faster than you can say ‘emissions’.
Want to buy yourself an environmentally-friendly car to help save the planet? Here we’ll summarise whether green cars (called electric cars here for simplicity) can save you money.
If you're considering getting an electric car, loans.com.au offers Clean Green car loan, which features a 0.7% discount on your car loan interest rate if you buy a qualifying green car.
Environmentally-friendly cars are finally getting the attention they deserve today as many Australians shift from conventional vehicles that use fossil fuels towards green cars.