As at May 2021, the cheapest electric car (new) in Australia to purchase is the MG ZS Essence. To purchase this car outright it will set you back $43,990 drive-away.
If you don't want to pay that upfront or get into debt with finance, you can subscribe to an electric vehicle (same MG ZS Essence) for as little as $319 per week.
The subscription fee covers all the costs of owning and running the vehicle including depreciation, interest on repayments, insurance, CTP, roadside assist and scheduled servicing and ongoing maintenance.
With subscription, all your costs are bundled into a simple, fixed weekly payment.
And, unlike other car related costs, the longer you subscribe with Carbar, the cheaper it becomes. Carbar will automatically apply Loyalty Credits to your account to reduce your weekly payments on your first and second year anniversaries. That MG ZS drops to $254 per week in year 2 and just $194 per week in your third year
With subscription, there are also no lock-in contracts so you can stop or swap anytime. We just ask for 2 week’s notice.
If you’re not a carbar member, you can create an account for free. Once you're set up, you can subscribe any time and we'll keep you up to date with the latest news and offers.
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- What is the servicing and maintenance requirements for my electric car?
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