Car Loans

The Rise of Electric Cars and EV Finance in Australia

  •  
5min
24/10/2025
Nathan Hanna
Director

Electric vehicles are no longer a futuristic trend, they’re here, and Australia is catching up fast. From the BYD Shark to Tesla’s new models, demand for EVs has skyrocketed. But with higher upfront prices, finance plays a key role in helping drivers make the switch.

Why EV Finance Is Different

Unlike traditional car loans, EV finance often includes tailored rates or incentives for environmentally friendly vehicles. Some lenders offer lower interest rates or flexible balloon options to make the transition easier.

The Role of a Broker in EV Purchases

A Perth-based car finance broker like Hanna Lending Services can compare EV-specific loan options across multiple lenders, not just banks. We know which lenders support electric vehicles and how to structure your loan to reduce overall cost and maximise rebates.

What You Can Finance

  • New or used electric cars
  • Charging equipment or home installations
  • Fleet upgrades for sustainable business operations

Benefits Beyond the Drive

EV finance isn’t just about the car. It’s about reducing fuel costs, lowering emissions, and accessing long-term savings. Whether you’re a private buyer or a small business looking to upgrade your fleet, EV finance through an experienced Perth broker makes it simple.

Ready to Make the Switch?

EV ownership is growing rapidly across Western Australia and with the right finance partner, it’s more achievable than ever. Chat with Hanna Lending Services to explore your EV finance options today.

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Nathan Hanna
Director
Nathan has 10 years experience as a finance broker, helping Australians find the right loan. Nathan will work with you to get your next asset or personal finance.

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