Yes, you can refinance an existing green car loan to secure a better interest rate, adjust your loan term, or lower monthly payments. At Stratton Finance, we can help you find refinancing options that align with your financial goals.
About Green and Electric Car Loans
As a forward-thinking finance broker, we understand the growing demand for sustainable solutions and are here to help you navigate your way towards owning a Green Car. We're excited to introduce our Green and Electric Car Loans offering from our panel of lenders – providing financing solutions designed specifically for those looking to invest in eco-friendly vehicles.
Our experienced brokers offer a range of green car finance and EV loan options tailored to your needs and financial situation. Try our simple car loan calculator to estimate your finance repayments or use our quoting tool to explore a range of rates and repayment options from our panel of lenders.
At Stratton Finance, we match you with a dedicated expert to create a tailored finance package for you. With access to over 40 lenders nationwide, we offer competitive rates and flexible terms (from 1 to 7 years), making your green car purchase more affordable. Our team also helps you navigate potential incentives and provides insurance options for your eco-friendly investment.
What is a green car loan?
A green car loan is a type of car finance specifically for eco-friendly vehicles. Green car loans differ from standard car loans because they generally come with lower interest rates or specific waived fees. Every lender may have a different definition of a green car loan, and the eligibility of a vehicle for this loan depends entirely on the lender's criteria.
What cars are eligible for green car loans?
- Pure electric
- Plug-in hybrid electric
- Regenerative hybrid
The Green Vehicle Guide is a great reference tool that provides up-to-date information to help you understand a vehicle's environmental impact.
What incentives are available for buying an electric vehicle?
There may be Government incentives for purchasing an electric vehicle, which can vary by state or territory. The most common benefits include reduced or waived stamp duty, discounted or free registration, and cash rebates (in some cases). Be sure to check your local government websites for specific details. Additionally, some lenders may offer extra incentives to help make your electric vehicle purchase even more affordable. Talk to our brokers to know more.
Am I Eligible?
Eligibility for an electric or green car loan depends on your circumstances and each lender's requirements. One of the major advantages of choosing Stratton Finance is our access to a wide network of lenders offering flexible terms and unique criteria. Your dedicated broker will take the time to understand your situation and work to secure the best finance rate and repayment options tailored to your needs. Some of the factors considered include:
- Your property status – Do you own or rent your property?
- Your employment status – Whether you are an employee or run your own business
- How long you have been in your job or held your ABN
- Your credit history: We perform these checks on your behalf
- Your residency status
- Your previous finance history
- Your assets, liabilities, expenses and savings
Benefits of Green and Electric Car Finance with Stratton
Anytime, Anywhere, Anyhow
Whether you prefer to speak with one of our dedicated local team members or apply online, Stratton Finance gives you the flexibility to choose how you navigate your car finance application process.
Financial Flexibility
Our lenders offer a wide range of flexible options, including no early termination fees, variable loan terms, and the ability to add a residual/ balloon payment.
Lifetime Support
We’re here for you throughout the life of your loan. Whether you need help figuring out how much you owe, changing your details, or assessing your changeover options, Stratton Finance is by your side.
Why Choose Stratton For Car Finance?
Award-Winning Brokers
Best Car Loans by ProductReview 2021–2024 and Best Large-Size Brokerage by WeMoney 2023 & 2024!
We Have Unmatched Experience
With over 25 years of experience helping more than 150,000 people access $8 billion in finance, we have the knowledge you need.
Real People Delivering Exceptional Service
With a 4.8 out of 5 customer rating, we are focused on providing outstanding service to keep you informed at every step, ensuring the best outcome for you.
Vehicle Finance Options
We can assist with finance for a variety of vehicles
Don’t take our word for it!
Our reputation precedes us. See why our customers rate us so highly!
Award-Winning Leaders in Asset Finance
Our success is driven by a strong commitment to exceptional service and customer satisfaction.
Our Lenders
We have done the hard work building relationships with lenders so you get the best rates! Some of the lenders on our curated panel include:
Our Process: Simple and Transparent Car Finance
From start to finish, we’re with you every step of the way, helping you get the keys in your hands!
How it all works
Understanding Your Needs
We don’t treat you like just another number. Our brokers take the time to understand your specific needs to find the best car finance options from our panel of over 40 lenders.
Apply for the Right Deal
Once you are happy with an option that fits for you, your broker will take you through the application. Approvals can occur within 24 to 48 hours.
Get the Keys or Funds in Your Hands
If approved, we guide you through the settlement process to finalise the paperwork and payment. Once everything is settled, you’re ready to pick up your new car and hit the road with confidence.
Providing Ongoing Support
Stratton Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.
Frequently Asked Questions About Green and Electric Car Loans
Car finance for electric vehicles (EVs) can often come with better terms than hybrid or petrol vehicles, as some lenders offer lower interest rates or incentives due to EVs’ environmental benefits. Additionally, certain government subsidies or tax incentives may assist in further reduce the overall cost of financing an EV. Hybrid and petrol cars can still have competitive finance options, usually with more lenders to choose from. Ultimately, choosing between options depends on specific incentives, total vehicle costs, and individual priorities around sustainability and long-term savings.
Yes, electric car loans are available for business vehicles. Whether you're looking to add EVs to your fleet or purchase one for business use, Stratton Finance can help you find financing options tailored to your business needs.
Electric car finance is typically secured, meaning the vehicle acts as collateral for the loan. This often allows for lower interest rates compared to unsecured loans. However, some lenders may offer unsecured finance options, depending on your financial situation.
Yes, you can often save money with a green car loan. Many lenders offer lower interest rates and special incentives for eco-friendly vehicles. Additionally, you may qualify for government rebates or tax reductions for purchasing a green car, enhancing your savings further.