Looking to finance your electric chariot? EV loan rates in Australia typically hover between 5% and 9% APR, depending on your credit score, lender, and the loan term. New EVs can be pricier upfront, so expect loan amounts from around $40,000 to $100,000 AUD. Used EV loans might have slightly higher rates due to depreciation and battery concerns. Shopping around at banks, credit unions, or even car-specific lenders through platforms like ServiceCentral can save you a few precious percentage points.
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