Flexibility of unlimited additional payments and fee-free access to these funds when needed (minimum $250).
Choosing a hybrid or electric vehicle offers benefits such as reducing your impact on the environment with reduced CO2 emissions; potential savings on fuel and maintenance costs and taking advantage of Government incentives available for eco-friendly vehicles. With no deposit required, so you can borrow 100% of the vehicle purchase price, there's also no penalty for any extra repayments you make.
Compare Makes and Models
If you’re not sure which hybrid or electric vehicles are eligible, explore the different makes and models at GreenVehicleGuide.gov.au. From compact hybrids to sleek electric cars, find the perfect vehicle that aligns with your lifestyle and budget.
Gateway’s Green Car Loan is a secured variable rate loan that offers competitive interest rates and a range of great features to help you buy the car you want while fitting with your financial position. Unlike many car loan lenders in the market, Gateway has no ongoing monthly fees, and you can make as many extra repayments as you like.
If you’re looking for a vehicle that’s up to 7 years old, but not a hybrid or electric vehicle that emits up to 120g of CO2 per km, you may still be eligible for a Car Loan.
Want to apply online for a Gateway Bank Green Car Loan? Here are the things you’ll need:
Car & Personal Loans |
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|---|---|
| Establishment Fee : | $149 |
| Monthly Fee : | $0 |
| Annual Fee : | $0 |
| Discharge Fee : | $0 |
| Minimum Amount : | $3,000 |
| Maximum Amount : | $75,000 |
| Maximum Term (Years) : | Up to 7 years (variable rate only) |
| Redraw Facility : | Yes |
| Redraw Fee : | $0 |
| Additional Repayments Accepted : | Yes |
| Additional Repayments Fee : | $0 |
| Periodic Payments : | Yes |
| ATM/EFTPOS Access : | No |
| Branch Access : | Yes |
Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Applications for finance are subject our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.
Comparison rate is calculated based on a secured loan amount of $30,000 over a 5 year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
