How EV finance works
Getting started with EV finance is straightforward. You tell us what you need, and from there you are in the hands of experienced brokers who do the heavy lifting. No runarounds, no guesswork, just a clear process from start to finish.
4
simple steps
0
office visits needed
2 min
to submit an enquiry
100%
online, phone-led process
The process
From enquiry to keys in hand
Tell us what you need
Start by filling out a short enquiry. We will ask for the basics: what type of EV you are looking at, roughly what it costs, whether it is for personal or business use, and a bit about your financial situation. This is not a full application, just enough for a broker to work with.
Speak with a broker
A qualified finance broker contacts you to have a proper conversation about your situation, your budget, and how long you want the finance term to be. This is where the value is: a broker who understands your situation can match you with a lender and structure that actually fits.
Your broker shops around
With access to a wide panel of lenders, your broker compares chattel mortgages, finance leases, consumer loans and more, depending on your circumstances. The goal is the right deal, not just the quickest one, and there is no obligation to proceed.
Approval and settlement
Once you are happy with the option, your broker manages the application, liaises with the lender, and coordinates settlement so you can get behind the wheel. Most of it happens over the phone and online, no need to visit an office.
What you will need
The documents depend on whether you are buying personally or through a business.
- Photo ID (driver's licence or passport)
- Proof of income (recent payslips or tax returns)
- Details of the EV you want to buy (make, model, price, dealer or seller)
- A general picture of your monthly expenses
You can upload all of this straight from your phone. No printing, no scanning, no posting documents.
Common questions
Not necessarily. It helps to have a rough idea of what you want and the price range, but your broker can work with you even if you are still deciding. Getting pre-approved can actually help you shop with more confidence.
That does not mean you are out of options. Different lenders have different criteria, and a broker knows which ones are more likely to work with your situation. It is worth having the conversation.
It varies. Straightforward applications with clean credit and clear documentation can be turned around in a few business days. More complex situations can take longer. Your broker will give you a realistic timeframe from the start.
Not all lenders require a deposit. Some will finance 100% of the purchase price, while others may want 10% to 20% upfront. A larger deposit generally means lower repayments and potentially better rates.
Yes. Used electric vehicles are financeable, though lender appetite varies depending on the age, make, model, and battery condition of the vehicle. A broker will know which lenders are comfortable with used EVs.
Ready to get the ball rolling?
The first step takes a couple of minutes. Tell us what you are after and a broker will be in touch.