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We’re innovating for a better future
We're the first Australian banking group with a specialised electric vehicle buying service that helps you transition to an electric car easily.
Macquarie Vehicle Select
Making it easier to find the right electric vehicle
We can help you to:
- find the right electric vehicle
- organise electric vehicle test-drives
- depending on where you live, we may even be able to deliver your new car, charged and ready to go.
We do the negotiating for you
We can help negotiate on your behalf and organise the trade in of your old car. Ask Macquarie Vehicle Select.1
Competitive rates from 4.99% p.a.*^
We’re committed to helping Australians make the transition to an electric car. That's why we offer lower rates for electric vehicle car loans, compared to petrol and diesel car loans.
Featured insights
Why these Australians switched to an EV
Two drivers tell us how they made their dream of owning an EV a reality.
Four experts share their tips for buying an EV in Australia
Electric vehicles (EVs) seem destined to become a big part of our future. Our panel of experts share their thoughts on how to make the switch to a greener driving option.
Ask the experts: what’s the future of Australia’s EV landscape?
Electric vehicles will become the norm in Australia, but when? Our panel of experts discusses what the future of driving looks like.
Why I love driving electric vehicles - on the road and the racetrack
World champion rally driver, Molly Taylor, on why she is just as much a fan of electric cars on the road as off.
A simple guide to charging your electric vehicle
The ability to charge an EV is a benefit, not a barrier, to owning one. We know information about charging an EV can seem complex at times, so in this guide, we will help answer some commonly asked questions.
The 2022 guide to finding an electric vehicle, with the people who know
Australians are excited about buying EVs, but in a relatively new market, deciding which car to buy can be overwhelming. Here’s how to get started with finding the perfect EV match.
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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.
Green Vehicle Guide
Quickly calculate and compare the cost of fuel consumption and emissions between vehicles.
Electric vehicle model information
View and compare electric vehicles offered in the market to begin your transition to electric.
Thinking about buying an electric vehicle in 2022? We tackle your top 5 concerns
Find charging stations near you
With more places to charge, you can have peace of mind both at home and on the road. View charging locations close to you on the Electric Vehicle Council website#.
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Saul Griffiths on going off the grid
As the power needs of the world evolve, Australia is the lucky country. With extraordinary solar resources and low population density, we can power our homes, and our cars, independent of the grid. Saul Griffith, Founder and Chief Scientist of Otherlab, explains how much electricity the average Australian is using – and how this can be reduced over time.
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The journey to net zero: Green affordable housing and EV charging across EMEA
During April to July 2021 we continued to drive the transition to Net Zero through our work in developing green energy projects, investing in green businesses and supporting the decarbonisation of our clients and the communities in which we live and work.
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The journey to COP26: Developing practical climate solutions
In the months leading up to COP26, we continued to drive the transition through practical climate solutions. We’re supporting the push towards Net Zero by investing in green businesses, developing green energy projects, and supporting our clients and communities to decarbonise.
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Shemara Wikramanayake, speaking at the G20 International Conference on Climate
At the G20 International Conference on Climate, our CEO Shemara Wikramanayake spoke on mobilising private climate finance for emerging markets – something she will continue to advance in her new role - leading an emerging markets workstream for The Glasgow Financial Alliance for Net Zero (GFANZ), which has been convened by Mark Carney, UN Special Envoy on Climate Action and Finance.
Frequently asked questions
New South Wales
The NSW Government has proposed a range of new measures to make electric cars more affordable for drivers, including rebates and a reduction in upfront costs. To find out more, visit the NSW Government website.
Victoria
Electric cars purchased after 2 May 2021 may be eligible for a subsidy of $3,000. To find out more, visit the Victorian Government website.
Australian Capital Territory
Electric cars may be eligible for a full stamp duty exemption and two years free registration. To find out more, visit the ACT Government website.
Tasmania
The Tasmanian Government is waiving stamp duty costs on electric car purchases. To find out more, visit the Tasmanian Government website.
Queensland
Electric cars receive reduced registration duty rates. To find out more, visit the Queensland Government website.
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.
No matter where you are on the path towards electric, if you want to get a better understanding of your options, request a call with our Macquarie Vehicle Select team.
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, this is a complimentary service offered by Macquarie. We’d be happy to assist you on your car-buying journey.
The home of electric vehicles
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Additional information
Rate applies to new loans secured by new and demo electric vehicles, effective from 1 July 2022 subject to change without notice. Not available to rental buyers. All applications are subject to the satisfaction of approval criteria. Terms, conditions, fees and charges apply.
The comparison rate is based on a secured consumer 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.
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. Vehicle sourcing is independent of any application for credit.
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.
Finance provided by Macquarie Leasing Pty Ltd ABN 38 002 674 982 Australian Credit Licence 394925 (“Macquarie Leasing”) to approved applicants. 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. Vehicle sourcing is independent of any application for credit. Macquarie Leasing is not a manufacturer of electric vehicles.