Electric Vehicle Finance

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Think it’s time to go electric? Then an electric vehicle loan from UDC could be right for you. We are committed to supporting New Zealand's transition to electric vehicles, helping kiwis to reduce greenhouse gas emmisions in NZ and lower our carbon footprint.

Benefits of choosing UDC:

  • Competitive EV finance rates from 8.20% p.a. to 9.40% p.a.
  • Up to 100% finance available for new and used vehicles
  • We will fund the cost of your home charger 
  • You can choose to keep your EV rebate (up to $8625 for new vehicles and up to $3450 for used) or put it back into the loan, it's up to you
  • Same day approval available for loan applications made Monday to Friday
  • Flexible loan terms for 1 to 5 years with weekly, fortnightly or monthly repayment options
  • UDC has relationships with leading EV vehicle brands and dealerships countrywide
  • If you haven’t found your EV yet, you can get pre-approved with us, so you know what your budget is

As New Zealand's leading EV financier, we'll help you get into the EV you want in no time and make the process easy! Whether you're interested in a brand new EV as the family car of looking for a cost effective way to commute, talk to UDC today.

Terms and Conditions
UDC offer a range of interest rates and the rate offered my vary. UDC Loans start from $10,000. Home charger offer applies to residential home use chargers only and excludes the cost of installation. UDC Finance Limited’s lending criteria, terms and conditions apply to any UDC loan.

Electric Vehicle Loan Repayment Calculator

Enter an amount from $10,000 to calculate your payments.