^ See report from the “Electric Vehicle Council: State of Electric Vehicles”, pages 63-67, published on July 2023 ![]() We reserve the right to modify or revoke any discount offered at any time, for any reason.Ĩ See CommBank Media Release: CBA and Tesla Australia team up to support the transition to electric vehicles. Discounts offered are subject to change without prior notification. No discounts are automatically applied and must be requested prior to funding. The financed vehicle must not be more than eight years old at the end of the finance term. Rates, fees and charges apply.ħ For Business, a discount may apply for qualifying efficient and green vehicles and equipment when you ask for it. Customers should view our current Terms and Conditions for Asset Finance (PDF) and consider them before making any decision about these products. Applications for finance are subject to the Bank's eligibility and suitability criteria and normal credit approval processes. Different terms, fees or other loan amounts might result in a different comparison rate.Ĥ See Commbank Sustainable Economics report published 3 July 2023.ĥ The Australian National Electric Vehicle Strategy page 14Ħ These products are only available to approved business customers and for business purposes only. WARNING: Comparison rate is true only for examples given and may not include all fees and charges. Fees and charges are payable.ģ Comparison rates are calculated based on an unsecured loan of $30,000 and a secured loan of $30,000, over a term of five years. Full terms and conditions will be included in our loan offer. View the Personal Loan Terms and Conditions. The comprehensive insurance policy must be organised prior to loan funding.Ģ Your borrowing capacity depends on a range of factors such as your credit score.Īpplications for finance are subject to the Bank’s normal credit approval. If you're using the car as security it must be no more than seven years old, not currently under finance and have an active comprehensive insurance policy. ^ If you need to borrow more than $100,000 for a secured loan, please call us on 13 1431 to discuss your needs.ġ Eligible vehicles must be fully electric, or hybrids emitting less than 120g C0 2 emissions per kilometre.
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