Electric Vehicle Loans

Take
charge,
go electric

Accelerate towards a greener future with low rates from 4.74% comparison rate 5.56% for excellent credit.

Perks for helping the planet

  • GET FROM 'A' TO 'B' MORE SUSTAINABLY


  • SCORE A PERSONALISED RATE AND CHOOSE YOUR OWN TERMS

  • GET BEHIND THE WHEEL OF AN ELECTRIC VEHICLE SOONER

The Wisr Difference

Not your average lender

We’re smart, with a big heart.

  • Your rate is tailored based on your credit score.

  • You’ll get an outcome that’s right for you.

  • With no ongoing or early repayment fees.

  • Learn how to keep them in shape.

  • Our customer service team is ready to help.

Loan Calculator

Doing the maths is smart

Calculate your repayments on an electric vehicle loan.

  • Monthly
  • Select Loan Term
  • Exceptional
Get estimate
  • $0.00
    Monthly repayment
  • 0.00%p.a.*
    Comparison rate
  • $0.00
    Total interest

Details

Total Repayments$0.00
Total Interest$0.00
Amount Required$0.00
Establishment Fee+ $0.00
Loan Total$0.00
Interest Rate (p.a.)10.00%

Testimonials

For the part of you that learns from others

The Process

We keep it simple

  • 01

    Get your personalised rate estimate in 2 minutes

  • 02

    Apply online and get a response right away

  • 03

    Upload your documents

  • 04

    Sign on the digital line

  • 05

    Get your money within 24-48 hours

Product features and fees
  • Loan Purpose

    Electric Vehicle Loan

  • Interest Rate

    Fixed from 4.74% to 16.01%

  • Comparison Rate

    Fixed from 5.56% to 16.93%

  • Loan Amount

    $5,000 – $64,000

  • Terms

    3, 5 and 7 years

  • Establishment Fee

    $605 for refinance
    $605 for dealer sale
    $655 for private sale

  • Features

    No ongoing or early repayment fees

Eligibility Criteria
  • Gross income over $30,000 p.a.
  • Over 18 years of age (sorry kids)
  • No unpaid defaults last 5 years
  • No bankruptcies last 7 years
  • Not currently in financial hardship
  • Permanent Australian resident (living in Australia right now)

Q1: What kind of car can I buy with an electric vehicle loan?

To state the obvious, it can’t be a diesel or petrol car. We offer electric vehicle loans for new and used electric or hybrid vehicles that meet our performance standards. Already have your eye on a car? Get a rate estimate in just 2 minutes.

Q2: Do you offer refinancing?

Yes! We’d love to help you upgrade to something more sustainable, so we can offer to refinance your current asset finance contract. We just need a valid payout letter from your current financier.

Q3: How are my repayments calculated?

We take the value of the loan, plus the interest payable from your personalised rate and the one-off establishment fee, and divide that into equal instalments depending on your loan term and payment frequency. You can opt to pay monthly, fortnightly or weekly – whatever works best for you.

You can check what your repayments might be with our repayment calculator here.

FAQ

For the curious

  • The main difference is that with a secured loan, you have to provide an asset usually your car as collateral in case you can’t pay back the loan. An unsecured loan doesn’t require any security or collateral. By offering up an asset against the loan, you can generally unlock a lower interest rate.

  • The boring (but important) stuff