Accelerate towards a greener future with low rates from 7.74% 1 comparison rate 9.27% 2* for excellent credit.
Electric/Hybrid Vehicle Loans
Take
charge,
go electric
charge,
go electric
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 EV/HYBRID VEHICLE SOONER
GET REWARDED
DOING YOUR PART IS SMART
At Wisr, we're dedicated to making the world a better place. So much so that we're offering a 0.50% discount on interest rates for Electric and Hybrid Vehicle loans.
Ready to make your next smart move? Get a rate estimate today.
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 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/hybrid vehicle loan.
- Monthly
- Exceptional
Get estimate
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.)1 | 0.00% |
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/Hybrid Vehicle Loan
- Interest Rate
Fixed from 7.74% 1 to 16.19%
- Comparison Rate
Fixed from 9.27% 2* to 17.73% 2*
- Loan Amount
$10,000 – $147,000
- Terms
3, 5 and 7 years
- Establishment Fee
$605 for refinance
$605 for dealer sale
$655 for private sale - Features
No early repayment fees
Eligibility Criteria
- Gross income over $25,000 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/hybrid vehicle loan?
To state the obvious, it can’t be a diesel or petrol car. We offer electric/hybrid 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.
More Resources
The boring (but important) stuff
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1: This rate applies only to borrowers with excellent credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but do not meet the requirements for our lowest rates. Interest rates range from minimum 7.74% p.a. to a maximum 16.19% p.a. Loan example: for a borrower with excellent credit, a loan of $30,000 over a 5 year term, with an interest rate of 7.74% p.a. comparison rate 9.27% p.a. and a $605 establishment fee, the monthly repayment would be $626.76 and the total cost over the life of the loan including the establishment fee and $10 Monthly Account Fee would be $37,605.47.
2: Comparison rates based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
3: Comparison rates based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.
4: Comparison rates based on $10,000 secured loan, fixed over 3 years, with monthly repayments.
5: Comparison rates based on $30,000 secured loan, fixed over 5 years, with monthly repayments with a total loan amount compared to the vehicle asset valuation less than or equal to 130%.
* WARNING: 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.
Note: All rates mentioned on this website are calculated on a per annum basis.