Why buy an electric car?
To pollute less, reduce motoring costs and drive the latest technology, go electric! Electric cars are cheaper to buy and maintain.
Get Ireland's best fixed rate Electric Car loan from 6.9% APR
Enjoy a new electric car with our fixed rate loan, make your money matter more with our An Post Money electric car Loan.
Motoring costs
74% cheaper than comparable new diesel cars**
Grants
Up to €3,500 for new cars and €300 for a charger unit
Lowest road tax
Annual road tax from €120
How do I pay for an electric car?
Visit car dealers
Do a few test drives and get a quote for your new electric car.
Use the grant
On purchase, your car dealer will deduct the available grant from the final price.
Our interest rates
| Loans from | Fixed interest rate | APR |
|---|---|---|
| €20,000+ | 6.7% - 14.4% | 6.9% - 15.4% |
Handy Representative Example for you: On a €20,000 loan over 5 years, at a fixed rate of 6.7% (6.9% APR) you will pay €393.20 a month. The total cost of credit would be €3,591.96 and the total amount repayable would be €23,591.96.
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 | €300 |
Green 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 loan, 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 1st April 2025 and are subject to change. Source: CCPC.ie. Rate is dependent on your financial profile and credit history.
An Post acts as a credit intermediary on behalf of Bankinter S.A., who provide loan and credit card services and facilities. An Post trading as An Post Money is authorised as a credit intermediary by the CCPC.
Bankinter S.A., trading as Avant Money, is authorised by the Banco de España in Spain and is regulated by the Central Bank of Ireland for conduct of business rules.
** Source: Sustainable Energy Authority of Ireland