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Loan amount
Loan term
6.31%
Per month
Pros
  • Interest rates ranked in the best 20%
  • Unlimited extra repayments
  • Redraw facility
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Green loan
Cons
  • Service fee charged
  • Higher than average application fee
  • Limited to new cars

What I love about Community First Bank

Community First Bank’s EV Loans have captivated customers with a range of compelling features that make them a top choice for environmentally-conscious borrowers.

With competitive interest rates, borrowers can finance their electric vehicles affordably, fostering a greener future while enjoying financial benefits.

Macquarie’s flexible repayment options allow borrowers to tailor their plans to suit their unique financial circumstances, ensuring a stress-free repayment journey.

Other deal-sweeteners and perks

As a proponent of sustainability, Community First Bank actively support green initiatives, enabling customers to reduce their carbon footprint and contribute to a cleaner environment.

The streamlined online application process offers convenience and ease, allowing borrowers to apply for their EV Loans from the comfort of their homes.

What’s not so great

Firstly, there might be specific eligibility requirements that borrowers need to meet, such as credit score thresholds or income criteria, which could limit access to the loan for some individuals.

Secondly, Community First Bank’s EV Loans may not be available to borrowers in all regions or countries, and the loan options and terms may vary depending on the location, potentially limiting accessibility for certain customers.

As with any financial product, it’s crucial for prospective borrowers to thoroughly review the terms and conditions of Macquarie’s EV Loans and ensure they align with their specific needs and circumstances. By considering these points alongside the benefits, individuals can make an informed decision about whether this loan option is the right fit for them.

Overall Rating

Community First Bank’s team of experienced professionals provides expert guidance and support throughout the application process, empowering customers to make informed decisions.

With these exceptional features, Community First Bank’s EV Loans stand out as a premier choice for financing electric vehicles, driving individuals towards a more sustainable and eco-conscious future.