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Electric Vehicle Loans

Electric vehicles are becoming more and more popular due to their low-running costs, low carbon emissions, and environmental benefits, but the initial cost of buying an electric car may be holding you back. This is where an electric vehicle loan from Oakbrook Loans can help. Giving you the funds you need in a responsible and straightforward manner, you’ll be one step closer to achieving low carbon travel.

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Representative 19.9% APR

Representative example

Borrowing £5,000 over 48 months at Representative 19.9% APR and interest rate 19.9% p.a (fixed) with monthly repayments of £147.71 and a total amount payable of £7,090.08. This example is for illustration purposes only. The rate and term you are offered is dependent on your individual circumstance. Rates from 9.9% APR to maximum 34.9% APR. Loan terms for 12 – 60 months.

How do electric vehicle loans work?

We want to make lending money as straightforward as possible, as we know how stressful it can be applying for loans. Our application process is simple and fast - use our electric vehicle loans calculator as a guide to decide whether the total loan amount and chosen repayment term are right for you.

Apply for a personalised quote by simply entering your details to check your eligibility for an unsecured personal loan. Your quote includes the guaranteed APR for your loan, total amount payable and monthly repayment amount based on your credit history, personal circumstances and Open Banking data (where you've agreed to share it). Whether you’re an existing customer or a new customer, know that your credit score won’t be affected when checking if you’re eligible for a loan.

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Why apply for a vehicle loan?

Applying for this loan will allow you to switch to electric the easy way. Our electric vehicle loans can help you to initially cover the cost of the purchase price, and also go towards charge point funding when you switch to low carbon transport.

Nothing pleases us more than when we’re able to help people achieve things faster, especially when it helps the environment. Our quick application process and simple online account will help you manage your loan and repayment term. Additionally:

  • There are no additional fees.

  • You’ll receive the money in just a few hours.

  • Your online account allows you to contact us, manage your payments and apply to top up your loan.

  • Your low carbon transport loan allows you to make a difference.

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Ready for your personalised quote?

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months

${ loanTerm } monthly repayments of

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Total repayable

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( It won’t affect your credit score )

Representative 19.9% APR