The home of electric vehicles

When it comes to making day-to-day choices that contribute to a more sustainable future, it can be challenging to know where to start.

Through our specialised electric vehicle service, we’re working to deliver a successful energy transition for our communities, the economy, and the environment.

Make the switch

Try our electric vehicle savings calculator

Looking to buy a new car and not sure if an electric vehicle is right for you? Compare the cost of owning an electric vehicle with a petrol/diesel/hybrid vehicle using our calculator.

Electric vehicle savings calculator

Compare the cost of owning an electric vehicle with a petrol/diesel/hybrid vehicle using our calculator.


Useful tools and resources

Frequently asked questions

State and territory governments across Australia have introduced a number of measures to make electric cars more attractive for drivers, which may include rebates, reduction in upfront costs and registration exemptions.

The rebates and eligibility criteria vary across different states/territories and could change further or be withdrawn at any time. It is important that you understand the rules which apply to your state or territory as the number of applications may be capped or restricted to a first time purchase.

To find out more and to see if you may be eligible, visit the government websites below.

State government websites:

While the purchase price of an electric vehicle can be higher than  a petrol or diesel equivalent, the ongoing running costs are generally cheaper thanks to fewer servicing requirements and lower fuel costs.

Check out our electric vehicle savings calculator to compare the cost of owning an electric vehicle with a petrol/diesel vehicle.

As well as lowering your carbon footprint, there are other great benefits of driving an electric vehicle.

  • A high-quality driving experience: Performance is underpinned by advanced, modern technology, resulting in a smooth and silent drive.
  • Increased affordability: Electric vehicles are becoming more affordable as more car manufacturers transition to electric.
  • More places to charge: Public charging stations are being installed in more areas, and the latest vehicle models are able to drive further.

Before starting your journey in an electric vehicle it’s important to plan ahead so you know where you can access a charging station along the way to top up your charge if you need to. 

The network of ultra-fast charge stations is steadily increasing along highways. Once in place, these ultra-rapid chargers can add 200km to 400km of range to a modern EV in 15 minutes, making planning easier for EV drivers~.

Yes, Macquarie Vehicle Select1 is a complimentary service offered by Macquarie. We'd be happy to assist you on your car-buying journey.

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Additional information

For all applications submitted from 06 December 2022 Personal Use Car Loans originated directly with Macquarie (and not through a broker) are provided by Macquarie Bank Limited ABN 46 008 583 542 Australian Credit Licence 237502 (‘Macquarie Bank’). All other car and asset loan products and leases are provided by Macquarie Leasing Pty Ltd ABN 38 002 674 982 Australian Credit Licence 394925 (‘Macquarie Leasing’). Please refer to your loan agreement or lease, once available, for your credit provider or lessor. ​All applications are subject to the satisfaction of approval criteria. Terms, conditions, fees and charges apply. Macquarie Leasing is not a manufacturer of electric vehicles. Macquarie makes no guarantee concerning the accuracy of data and information contained on third party websites.

The information in this calculator is by way of example only and is a guide based on limited information provided. It is not a prediction nor is it a substitute for professional financial advice. Calculations are not forecasts, but may assist you in making your own projections. Subject to law, Macquarie will not be liable for any loss or damage caused by your use of this calculator.

Pre-filled inputs, including but not limited to the cost of electricity, fuel and kilometres driven per year are intended as a guide only and are subject to change due to market movements.


Vehicle information used in this calculator is sourced from Redbook.

Automotive Data Services Pty Ltd (RedBook) has prepared this data and valuations from information gathered from a variety of sources. Whilst all care is taken in producing the data and valuations, RedBook cannot guarantee or make any representations regarding the use of, or reliance, on it. RedBook is not responsible for all the information provided to it and you should not rely on the data or valuations without making your own independent assessment of the vehicle and other sources of information. Red Book is not liable for any loss or damages (other than in respect of any liability which may not lawfully be excluded) relating to your use of, or reliance on, this valuation and data.

Personal and Non-Commercial Use Only

Data and valuations on this website are provided for your personal and non-commercial use only. You must not, without the written approval of the Website owner:

- modify, copy, distribute, transmit, display, perform, reproduce, publish or licence any data and valuations from this website;

- use or attempt to use any data and valuations published on this website to create any web site or publication;

- mirror or frame any data and valuations published within this website;

- use any automated process of any sort to query, access or copy any data and

- valuations on this website or generate or compile any document or database based on the data and valuations published on this website; or

- transfer or sell any data and valuations offered on this website;

The website owner may terminate your right to access and use this website at any time.


Rate applies to new loans secured by new and demo vehicles, effective from 1 March 2024 subject to change without notice. All applications are subject to the satisfaction of approval criteria. Terms, conditions, fees and charges apply. Variable interest rates are only available for personal use car loans.

The comparison rate is based on a secured Personal Use Car Loan of $30,000 and a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


Clicking this link will take you away from the Macquarie Bank website. Macquarie Bank makes no guarantee concerning the accuracy of the data and information included on the Electric Vehicle Council website and users should make their own enquiries as to whether the data and information are accurate.


Macquarie Vehicle Select (“MVS”) is a registered business name of Macquarie Leasing. Use of MVS does not guarantee finance will be provided by Macquarie Leasing or Macquarie Bank. Vehicle sourcing is independent of any application for credit.