Reviews
Car & Vehicle Loans Updated: 14. 04. 2026

Wisr Car Loan – review 2026

4,4 / 5

Wisr offers secured car loans from AUD 10,000 to AUD 100,000 for new and used vehicles. The ASX-listed lender provides competitive rates with no early repayment penalty and uses Open Banking for faster processing. Wisr holds Australian Credit Licence 458375.

Pros

  • Competitive rates from 6.49% p.a.
  • No early repayment fee
  • Open Banking integration for fast assessment
  • High maximum of AUD 100,000
  • ASX-listed with public financial reporting

Cons

  • Minimum loan of AUD 10,000
  • Minimum term 36 months
  • Used vehicles restricted to 7 years old
  • Establishment fee of AUD 595 applies
  • Private sale vehicles generally not eligible

Wisr Car Loan Review

Wisr's car loan product is secured against the financed vehicle and is available from AUD 10,000 to AUD 100,000. Rates start at 6.49% p.a. (comparison rate 7.10% p.a. based on AUD 30,000 over 5 years) with terms from 36 to 84 months.

The lender accepts new vehicles and used vehicles up to 7 years old from licensed dealers. Open Banking integration is offered to speed up income and expense verification. No early repayment fees apply.

Requirements

  • Australian citizen or permanent resident
  • Minimum age 18 years
  • Minimum income AUD 25,000 p.a.
  • 100 points of ID required
  • Vehicle must be purchased from a licensed dealer

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.