Financing your EV just got easier
You've decided to embrace the electric revolution, and we're ready for the drive with you with our flexible EV finance option.
As you'd probably guess from the name, EVs run only on batteries that can be recharged using specialist chargers or even your home electricity outlet —helping to reduce your environmental footprint. Just imagine that – no more messy oil changes and unwanted trips to the servo!
Why finance your EV with Pepper Money?
A fixed interest rate: That won't change during your loan term
Quick turnaround: A decision within 2 business days!
- Apply online in as little as 5 minutes
- Flexible balloon and deposit options available – which can lower your loan repayments
- Get a quick response within the next business day
See what repayments could look with our repayment calculator
Any calculations or estimations are based on the information you have entered, including the interest rate, and do not constitute an offer of credit or a formal credit quote. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data. All applications for credit must be verified prior to the formal assessment process. All applications are subject to credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Credit is provided by Pepper Asset Finance Pty Ltd ACN 165 183 317 Australian Credit Licence 458899.
What is the eligibility criteria?
- You are an Australian citizen, permanent resident or hold a relevant work visa.
- You are currently employed and not on probation (full time/part time/casual > than 6 months).
- You hold a current Passport or current Australian Drivers Licence.
- You apply online direct with Pepper Money.
Ready to take the next step?
Get to know our EV financing option
-
How can I apply?
-
You can start your application online. Otherwise, call us on 137 377 to find out more.
-
Who can apply?
-
We finance EVs for private, sole trader, and company applicants. Balloon options are available.
-
How long can my loan be?
-
1 - 7 years
-
How much can I finance?
-
You can finance the full purchase of your electric vehicle (up to $300,000) starting with $0 deposit (subject to eligibility criteria).
-
What EVs do you finance?
-
You can finance any brand of electric vehicle with us; it can be new, used, or a dealer demo.
-
Repayment frequency
-
Monthly, via direct debit from the borrower's Australian account
-
Balloon amounts available
-
Available balloons for new, demo or <1 year old EVs.
1-3 year loan term: 50% balloon
4 year loan term: 45% balloon
5 year loan term: 40% balloon
6+ year loan term: 0% balloon
-
What fees do you charge?
-
- Loan establishment fee | $499
- Account administration fee | $8.90/month
- Security registration and PPSR search fee | $8
- Account closing fee | $20
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
Other fees apply including early repayment, default, and discharge fees. We may also pass onto you any third-party enforcement or recovery costs incurred by us.
What others are asking about car loans
If you've decided to finance an electric vehicle, then we're ready for the drive with you. We offer fixed interest rates and a next-day decision on our EV car loan options when you apply online with Pepper Money.
EV finance, also known as an electric vehicle or green car finance, is a loan taken out for the purpose of buying an electric vehicle. Our EV car loan option can be used to finance any electric vehicle up to the value of $300,000.
Need some help with your car loan?
Whether you're buying your first car, a new business vehicle or are making the switch to electric - our resources are here to make sense of all that finance jargon.
What our customers think about us
5 Star Service
Great service and support when purchasing my new car. Thanks
Amazing to talk to
Pepper Money was amazing to talk to. Easy and understandable. Highly recommend if you are looking for car or home loans.
Amazing as always
Amazing as always! This is the third time I’ve purchased a vehicle and Pepper Money have been there every time! This time was different because Pepper helped a dream come true. The professionalism from start to finish is second to none, and they always kept me up to date—over only 48 hours. Thanks, you are fabulous!
Wonderful experience in many aspects
Pepper Money gave me a good interest rate for a car loan, even despite my situation. They also gave me extra funds to pay off my previous car loan, which I was novated leasing. The contact I had with workers at Pepper Money was so lovely—they took initiative without me even asking. The approval was also quick—within 24 hours—when I applied through the car dealership.
The important legal bits
Information as at 31 October 2025 and subject to change at any time. All applications are subject to Pepper Money’s credit assessment and loan eligibility criteria. Terms, conditions, fees, and charges apply. This is factual information, not a financial recommendation or tax advice. If you need advice, get in touch with a licensed financial or tax adviser.
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
