Mini meca 2021 Clean Green Car Loan

Advertiser disclosure
Interest rate from
3.97% p.a.
Comparison rate from
4.51% p.a.based on $30,000
over 5 years
Upfront fee
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Mozo editorial review Clean Green Car Loan - last updated: 19 July 2021

5 / 5
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What's hot
  • 2021 Mozo Experts Choice Award winner
  • Low 3.97% interest rate (4.51% comparison rate*)
  • Flexible repayment options
What's not
  • $400 application fee
Mozo snapshot

If you are in the market for a green car loan this budget friendly option comes with a low fixed interest rate starting from just 3.97% (4.51% comparison rate*). You also have the ability to choose whether you want to make repayments weekly, fortnightly or monthly. However if you’re after a smaller loan the $400 application fee is something to keep in mind.

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Key features

If you’ve got your eye on an environmentally friendly car then it's worth checking out a loan that offers a low rate in return for your eco efforts. Plus, this loan also received a 2021 Mozo Experts Choice Award for best Green Car Loan!

With rates coming in from 3.97% (4.51% comparison rate*) the Clean Green Car Loan does just that.The loan amounts on offer range from $5,000 to $100,000, a pretty broad range for you to grab almost any set of wheels you’re looking to get. Loan terms range from 3 to 5 years.

You’re able to choose from weekly, fortnightly or monthly repayments so you can personalise your repayment options to match up to when your paycheck rolls on in. You also have the option to make free extra repayments in order to pay off your loan quicker and save on interest - just remember that if you pay off the whole thing, an early repayment penalty may apply.

Who is it good for

People who want to invest in an environmentally friendly vehicle without breaking the bank to do so. If you’ve fallen in love with a diesel guzzling half-car, half-tank then this car loan is not for you.

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Any catches

While there is a lot to love with this loan, there is a hefty $400 application fee to keep in mind. So if you are looking for a smaller loan then this could really add to the total price.

Also if you are able to pay back the loan early, you’ll have to pay a $700 early repayment penalty to do so. Although this doesn’t apply in the last year of the loan.

Picture of Polly Fleeting
Polly Fleeting
Money writer

Polly Fleeting is a personal finance writer here at Mozo, specialising in loans and credit cards. Her work is aimed at helping people find ways to make smart product choices, reduce debt and get more for their hard-earned dollars. Polly has a degree in Journalism from the University of Technology, Sydney. She is also ASIC RG146 (Tier 2) certified for general advice.


Rates and fees information correct as at 24 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.


3.97% p.a. fixed

4.51% p.a.based on $30,000
over 5 years







Other financial bits



3 Years

5 Years



Weekly, Fortnightly, Monthly



Loan for approve green cars only. $700 early repayment penalty applies on pro-rata basis. No penalty charged in the last year of the loan.


WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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