The New Zealand government is offering rebates for new and used electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) registered in New Zealand for the first time from 1 July - 31 December 2021. Vehicles with a purchase price of $80,000 or more (including GST and on-road costs) and those with less than a 3-star safety rating (as published on the Rightcar website) will not be eligible for a rebate. Find out more information about the scheme, and how to apply here.
The AA has published a list of EVs and PHEVs which qualify for the scheme here.
New Special Rates
If you're looking to take advantage of this scheme, AA Money can help you sort your financing needs with new special fixed rates for EV's and PHEV's starting from 6.95%* p.a^. Find out more information on this promotion here.
AA Money does not charge early repayment fees. So, if you do receive the rebate, you can choose to apply it to your loan without penalty. Just another way we are helping you sort your money needs.
*Interest rates range from 5.95% - 14.95%. Your actual interest rate will be determined based on our credit criteria, which is predominantly comprised of your credit score. Establishment Fee of $240 ($180 for AA Members) applies. Find out more about our pricing criteria here.
AA Money standard lending and credit criteria will be applied to all loan applications. AA Money may decline an application for credit in its absolute discretion.
**By discounting your interest rate for an EV or PHEV loan, AA Money is in no way advising on your eligibility for the government’s Clean Car Discount rebate scheme.
^loan values represent total amount financed (including Establishment Fee). Promotion applies to net new lending amount.
The special interest rates promotion is subject to change and may end at any time without notice.