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.
74% cheaper than comparable new diesel cars**
Up to €3,500 for new cars and €600 for a charger unit
Lowest road tax
Annual road tax from €120
50% for electric and 25% for plug in hybrid vehicles
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.
Calculate electric car loan repayments
Repayments on a loan of
Our interest rates
||Fixed interest rate
||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
|€14,000 to €15,000
|€15,000 to €16,000
|€16,000 to €17,000
|€17,000 to €18,000
|€18,000 to €60,000
|Home Charger Grant
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 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.