Loans as they should be
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Borrow up to $45,000 for a new or used vehicle
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Simple online application
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Loan terms from 24 to 60 months
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No early repayment fees
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Two weeks conditional pre-approval
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Fast finance – funds typically disbursed within 24 hours of approval
Learn more about our green car loans
Thinking about making the switch to a electric or hybrid vehicle? A green car loan from Rapid Loans can help finance the purchase of an eligible new or used hybrid or electric vehicle.
When you apply for a green car loan with Rapid Loans, you’re applying for our secured vehicle loan product, which can be used to finance the purchase of an eligible vehicle. All applications are subject to our lending criteria and approval.
Whether you’re looking to reduce fuel consumption, lower vehicle emissions or enjoy the latest vehicle technology, Rapid Loans offers finance for a wide range of eligible hybrid and electric vehicles.
Finance for Hybrid & Electric Vehicles
More Australians are choosing hybrid and electric vehicles for their improved fuel efficiency, lower emissions and modern driving experience. Whether you’re purchasing from a licensed dealer or private seller, Rapid Loans offers secured vehicle loans for a wide range of eligible vehicles.
Our green car loans offer loan amounts from $5,000 to $45,000, fixed interest rates, flexible loan terms and repayment frequencies, and up to two weeks’ conditional pre-approval for eligible applicants, giving you additional time to choose an eligible vehicle.
With a straightforward online application and support from our experienced lending team, applying for finance is simple and convenient.
How Green Car Loan Applications Work
When it comes to how it all works, we’ve made it as straightforward as possible.
ur application process is completed online, and our team is available if you have any questions along the way.
Simply apply online and provide the required supporting documents, such as proof of identity and proof of income. We aim to assess applications as quickly as possible. If your application is approved and your loan settles, funds are typically transferred directly to the vehicle seller.
Benefits of Choosing a Green Vehicle
Hybrid and electric vehicles may offer a range of benefits, including improved fuel efficiency, lower vehicle emissions and a quieter driving experience. Depending on the type of vehicle and how it’s used, you may also experience lower running costs compared with some conventional vehicles.
Choosing a hybrid or electric vehicle may help reduce your environmental footprint while providing a modern and reliable transport option for everyday Australian driving.
Why Choose Rapid Loans for Green Car Finance?
Since 2003, Rapid Loans has helped thousands of Australians finance their next vehicle through a straightforward lending process.
Rapid Loans offers loan amounts from $5,000 to $45,000, fixed interest rates, flexible repayment options, no early repayment fees, a fully online application process and support from our experienced lending team throughout the application process.
If you’re ready to purchase an eligible hybrid or electric vehicle, apply online today to find out whether you qualify for a Rapid Loans green car loan.
How It Works
1. Apply Online
Get started with our simple online application and be on your way in just a few clicks! Our secure online platform keeps your information safe.
2. We’ll Get In Touch
Your application will be reviewed and one of our friendly loan consultants will be in touch soon! We’re here to help.
3. Receive Funds
We take our commitment to being fast seriously! If you applied in the morning and were approved, your funds could be available the very same day.
Why go with Rapid for your loan?
Loans Tailored to You
Our auto and personal loan products were created with our customers in mind. We live in the real world too, so we created flexible loan solutions to suit most circumstances.
Quick and Easy Process
Our online application takes just minutes and our secure online portal allows you to upload your essential documents quickly and conveniently.
Personalised Service
Like everything at Rapid, we make sure dealing with our professional customer service representatives is straightforward and simple. We’re here for you!
Trusted Lender
We’ve funded loans for over 50,000 happy customers to make life happen. Our people are experienced, professional and understand that life isn’t always straightforward.
Explore Our Other Loan Types
Car Loans
For your new or used car purchase
Motorcycle Loans
For the times you want to rev your engine
Boat Loans
For feeling the wind in your hair
Motorhome Loans
For when it’s time to hit the open road
Green car loan questions
What qualifies as a green car for financing?
For the purposes of a Rapid Loans Green Car Loan, a green vehicle includes eligible hybrid and battery electric vehicles (EVs), whether new or used. Hybrid vehicles combine a petrol engine with an electric motor, while battery electric vehicles are powered entirely by rechargeable batteries.
If you’re unsure whether a particular vehicle is eligible, our team can help. All applications are subject to our lending criteria and approval.
Do green car loans have lower rates?
Interest rates vary depending on factors such as the approved loan product, loan amount, loan term and your individual financial circumstances. Your interest rate will be confirmed as part of your loan offer if your application is approved.
How much can I borrow for an electric or hybrid vehicle?
Rapid Loans offers Green Car Loans from $5,000 to $45,000 for eligible hybrid and electric vehicles. Eligible applicants can apply for up to two weeks’ conditional pre-approval to obtain an indication of how much they may be able to borrow before choosing a vehicle.
All applications are subject to our lending criteria and approval.
How fast can a green car loan be approved?
We aim to assess applications as quickly as possible. In many cases, eligible applicants receive a response within one business day. If your application is approved and your loan settles, funds are typically transferred directly to the vehicle seller.
Hear from our happy customers
Learn how our loan system makes borrowing easy, quick, and hassle-free.