Electric Vehicle Financing

Genisys offers financing for hybrid vehicles, electric vehicles, and even their charging equipment.

Electric vehicle loans vs. auto loans

While the process of applying for, and receiving, an electric vehicle or hybrid vehicle loan is similar to the process of applying for an auto loan, electric vehicle loans have special provisions included to help finance the other costs associated with electric vehicle ownership, including chargers.

 EV Financing Bonus

A Genisys Electric Vehicle Loan can include the costs related to charging stations.

A home charging station can make owning an electric vehicle a convenient experience. There are a variety of charging station costs that you may incur, some adding a significant cost to the vehicle purchase.

If you need any of these additional setups, just add them to your Electric Vehicle Loan to make them more affordable:

Level 2 Chargers

• Connect to a four-prong, 240-volt outlet, like the one that powers your clothes dryer
• Charging can be hardwired, which requires a charging station with a conduit, instead of a plug
• One hour of Level 2 charging provides up to 30 miles of range, depending on the vehicle model

Panel Upgrades

• Some homes may have a tough time keeping up with this additional demand for electricity and may need to be upgraded to accommodate the additional electric load.
• 60 amp to 100 amp $1,200-$2,000
• 100 amp to 200 amp $1,500 to 2,300

Sub-Panel

• If your main service panel does not have enough room to add another circuit (for your EV charging station), you may need to add a sub-panel. This will provide new space for your new EV charging circuit in a different location.
• $300 - $500

Underground Trenching

• If you have a detached garage and wish to install your EV charging station in your garage, you may have to run wiring from your house to your garage; this wiring will likely need to be buried and could increase your installation costs. Consider mounting your charging station in another location to save money. Contact a Level 2 charging station installer for an estimate prior to moving forward.
• $10 to $40 per foot

  Find Your Next Electric Vehicle
  Find Your Next Electric Hybrid Vehicle