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Electric Vehicle Loans

Looking for a new hybrid, PHEV or electric vehicle? Save money and reduce your carbon footprint with a Marac EV Loan (powered by Heartland Bank).

Calculate your repayments
Electric Vehicle Loans

Calculate your repayments

For the following loan type

​
Personal

I want to borrow

$

With repayments

And pay it back over

​
5 years

Estimated interest rate: 10.75% p.a., fixed for the term i

i

Your estimated weekly repayment including fees

*Your repayment amounts have been calculated at the interest rate and loan term you selected, and are based on the interest rate being constant for the entire loan term, however, your interest rate will depend on your personal circumstances, as explained here. Changes to interest rates and/or the repayment amounts will change this. Our quoted interest rates are subject to change. This calculator is a tool to estimate repayments and the total loan cost only, and is not an offer of finance by Heartland. Heartland's responsible lending criteria, terms, conditions and fees apply.
**The total fees above include an establishment fee of $** and a security registration (PPSR) fee of $**.

Features

  • Interest rates between
    8.95% and 12.95% p.a., fixed for the term
  • Apply
     online anytime,
    anywhere
  • No hidden fees and zero-
    deposit finance available*
*Heartland's responsible lending criteria, terms, conditions and fees apply, including an establishment fee of $249 and a PPSR fee of $7.39. Marac is a division of Heartland Bank.

Got questions?

Click below to see the answers to some of our frequently asked questions.

What is a Marac EV Loan and how is it different to a standard Marac Car Loan?

A Marac EV Loan is a loan for brand new electric and hybrid vehicles, at a preferential interest rate.

Do you provide EV loans for used electric cars?

Yes, we provide EV finance for both new and used electric vehicles. However, our special promotional rates only apply to new electric vehicles.

Can I buy a Plugin Hybrid Electric Vehicle (PHEV) using a Marac EV loan?

Yes, a Marac EV Loan can be used to purchase both fully electric and hybrid vehicles. This includes electric and hybrid cars, e-mopeds and e-motorbikes.

Take care of your vehicle loan on the go

As part of the Heartland Bank whānau, Marac customers can take care of their vehicle loan on the go through the Heartland Mobile App or Heartland Digital.

Get app access

Ready to apply

Let's get started. Answer some simple questions and we'll be in touch.
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PO Box 9919, Newmarket, Auckland 1149
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