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Green Car Loan

Purchase or refinance of a new or used pure electric (EVs), plug-in hybrid electric (PHEVs), fuel cell electric vehicles (FCEVs), regenerative electric (non-plug in) (HEVs) or hydrogen vehicle up to 7 years old through a Dealer or Private Sale.

Personal loansBank updated 4 June 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Fixed
5.99%6.34% comparison
Loan size
$20,000 to no maximum
Upfront fee
$250
Monthly fee
$0

Rates

The one rate Heritage publishes for this personal loan.

TypeApplies toTermBandRateComparisonConditions
FixedFixed term can range from 1 to 7 years. Interest rates are on a per annum basis. Rates and discounts are correct as stated and subject to change without notice. Green Car loan comparison rate calcula…P&I1 yr fixed-5.99%6.34%-

Fees

20 fees published, grouped by when they're charged.

  1. When you take it out$250Application fee
  2. While you hold itNo feeMonthly Administration Fee
  3. When you close it or pay it offNo fee published

When you take it out1

  • Application fee
    $250

While you hold it1

  • Monthly Administration Fee
    No fee

When you make a transaction3

  • Direct Debit Dishonour fee

    If a direct debit authorised to be made from or to your account is dishonoured

    $10
  • Heritage Cheque Fee

    Heritage Cheque fee payable to Heritage if credit under this Credit Contract is provided by a cheque drawn by heritage on itself

    $10
  • Redraw Administration Fee

    If you apply to redraw Payments in Advance other than a request through Online Redraw

    $20

When particular things happen9

  • Capital reduction recalculation fee

    If you ask Heritage to capitalise payments in advance or payment or proposed payment under the credit contract

    $75
  • Change of term fee

    Payable if you to ask us to agree or offer to change the loan term.

    $75
  • Collateral Security Preparation fee
    $100
  • Default fee - if payment remains outstanding after its due date
    $30
  • Document/Record search fee

    Whenever Heritage provides a copy of a document relating to your loan at your request or at the request of a security provider

    $12
  • Enforcement fee

    Payable if we make good on a default under a security by performing a financial obligation (such as payment of an insurance premium or rates).

    $20
  • Renegotiation fee

    Payable each time you ask us to vary your credit contract or we offer a new credit contract to you.

    $250
  • Special Request Transaction Listing Fee

    Whenever a listing of transactions between two given dates is issued on your account

    $7.50
  • Telegraphic transfer fee

    Payable if money lent to you is telegraphically transferred within Australia.

    $30

Other fees6

  • Approval request fee

    Payable if you ask for our approval under the credit contract or a security in relation to a transaction or proposal.

    $0 to $0
  • Bank cheque fee

    Cost payable to any bank issuing a bank cheque for settlement on settlement of loan.

    $0 to $0
  • Paper Based Statement Fee

    Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge.

    $3
  • PPSR Registration fee

    Fee is charged per PPSR registration

    $0 to $0
  • PPSR Search fee

    When Heritage carries out a PPSR search on a motor vehicle subject to a security. Fee is charged per PPSR search.

    $0 to $0
  • PPSR VIN validation fee

    Fee is charged per PPSR Vin validation

    $0 to $0

Features

RedrawDigital bankingHeritage Credits
  • No penalty for paying out early or making extra repayments
  • Electronic or paper statements available
  • SMS services
  • Purchase or refinance a new or used electric, hybrid or hydrogen vehicle, up to 7 years old
  • Loan terms from 1 to 7 years
  • Flexible Repayment Options
  • Fixed repayments to make budgeting easy
  • Loan amounts from $20000
  • Repay in full at anytime
  • pure electric (EVs), plug-in hybrid electric (PHEVs), fuel cell electric vehicles (FCEVs), regenerative electric (non-plug in) (HEVs) or hydrogen vehicles as eligible security

Eligibility and limits

  • Minimum age 18
  • Residency: Australian Permanent Residents and Citizens
  • Amount from $20,000, no maximum

Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 4 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.