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Enjoy a new electric car or plug in hybrid.

With our competitive loan rate* for new electric cars and SEAI grants, we'll make it affordable to drive electric.

Why buy an electric or plug in hybrid car?

To pollute less, reduce motoring costs and drive the latest technology, go electric! Electric and plug in hybrid cars are cheaper to buy, fuel and maintain.

Motoring costs

74% cheaper than comparable new diesel cars**

Grants

Up to €3,500 for new cars and €600 for a charger unit

Lowest road tax

Annual road tax from €120

Toll discounts

50% for electric and 25% for plug in hybrid vehicles

How do I pay for an electric car?

Calculate electric car loan repayments

 year

Repayments on a loan of over would be

per month

Our interest rates

Loans from Fixed interest rate APR
€20,000+ 7.7% - 13.2% 8.0% - 14.0%



The interest rate you pay is determined by your loan amount, financial profile and credit history once your application has been reviewed.

What electric car grants are available?

List Price of Car Grant
€14,000 to €15,000 €1,500
€15,000 to €16,000 €2,000
€16,000 to €17,000 €2,500
€17,000 to €18,000 €3,000
€18,000 to €60,000 €3,500
Home Charger Grant €600

Green Hub Top Tips

 

  • Check out our top tips on how to improve your home energy efficiency, save on bills and help the environment.

Things to know

Warning: If you do not meet the repayments on your credit agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.

* Lending criteria, terms and conditions apply. Rates and loan terms are correct as of 27 November 2023 and are subject to change. Source: CCPC.ie. Rate is dependent on your financial profile and credit history. Maximum APR (Annual Percentage Rate) is 14.0%. Minimum loan term is 1 year and maximum term is 7 years for Electric Car loans. On a €20,000 loan over 5 years, at a fixed nominal rate of 7.7% (8.0% APR) you will pay €402.66 a month. Total cost of credit €4,159.75. Total amount repayable €24,159.75.

An Post trading as An Post Money is authorised as a credit intermediary by the CCPC. An Post acts as a credit intermediary on behalf of Avantcard DAC. Avantcard DAC trading as Avant Money is regulated by the Central Bank of Ireland.