Planet-Wise™ transportation loan – electric vehicle (EV) loan
Fuel your sustainable travel choices.
Borrow
From $1,500 and up
Best part
Get preferred rates for choosing the planet
Why get a Planet-Wise transportation loan?
Get affordable access to pedal bikes, e-bikes, scooters, EVs, hybrids, charging stations, and conversion kits with flexible ways to repay.
Rebates and incentives
Pay no administration fees for loans under $5,000. Plus, get details about provincial and federal rebates and incentives available to you.
Flexible payment options
Take your time. You have up to 10 years to repay your EV loan or if you purchase a low CO2 emitting vehicle.
Competitive and preferential rates
Enjoy lower interest rates compared to a conventional loan. Borrow from Vancity Prime¹ +1%² to Vancity Prime¹+2%² when you get your transportation loan with us.
Vancity Prime Rate: 4.45%¹
As of 2025-10-30
Choose what drives you.
Two-wheelers
- Max. term: 5 years
- Min. amount: $1,500
- Pricing: Vancity Prime Rate +1%¹
Electric vehicle
- Max. term: 10 years
- Max. amount: based on how you qualify³
- Pricing: Vancity Prime Rate +1%¹
Charging station and installation
- Max. term: 10 years
- Max. amount: based on how you qualify³
- Pricing: Vancity Prime Rate +1%¹
Low CO2 emitting vehicle
- Includes hybrids, plug-in hybrids and alternative fuel vehicles
- Max. term: 10 years
- Max. amount: Based on how you qualify
- Pricing: Vancity Prime Rate +2%¹
Alternative fuel conversion system
- Max. term: 10 years
- Max. amount: based on how you qualify
- Pricing: Vancity Prime Rate +1%¹
How to apply.
Let’s walk through the process of getting a Planet-Wise transportation loan or an electric vehicle (EV) loan.
See what your loan could be
oIf you’re curious what your payments might look like or how much it might cost, try using our loan calculator.
Talk to us
Book an appointment with us to get advice and a sense of what you could be approved for as you shop for your vehicle.
Hear your options
To determine if you’re eligible for a Planet-Wise transportation loan, your vehicle must match the specs required to be Planet-Wise. Your advisor will check this with you.
Provide application documents
Once we find the right solution for you, we’ll put together the application and handle the rest for you.
Sign for your loan
When everything is ready, we’ll set up a time for you to visit your nearest branch and submit your signatures. If you’re an existing Vancity member, you can sign virtually without leaving home.
Get started.
To talk through your questions or start your application, book an in-person or phone appointment with us.
Explore other lending.
Planet-Wise home renovation loan
Line of credit
The Vancity Prime rate represents a variable rate of interest announced by Vancity from time to time as its Prime Lending Rate and Prime rate for interest earned on select accounts. Rate subject to change without notice.
The rate is an annual Percentage Rate (APR.) APR assumes no fees apply and Rates are subject to change without notice.
Applicants must meet all Vancity’s lending criteria. Certain conditions and restrictions apply.