Green Car Loans with MetroEco

MetroEco is an Australian-first initiative from Metro, offering discounted rates and flexible terms of a range of green assets including electric and hybrid vehicles, solar panels and electric vehicle charging hardware. 

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Why choose MetroEco for electric car finance?

MetroEco makes it easy to finance electric vehicles (EVs) through green car loans, helping Aussies reduce their carbon footprint and supporting a cleaner future for the planet.

Supporting the government’s net-zero initiatives, MetroEco has been developed in partnership with the Clean Energy Finance Corporation (CEFC) to provide accessible finance solutions for more environmentally-friendly offerings, such as electric vehicles and chargers.


If you’re ready to make the switch to a greener alternative MetroEco can make it happen. Discover our solutions for green car loans today.

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Fast

Metro understands the importance of a quick turnaround and transparency when applying for vehicle finance. The MetroEco application process has been streamlined to put you behind the wheel of a new EV sooner.

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Trusted

With a solid reputation for personal vehicle loans, Metro has the expertise to deliver a tailored financing solution to suit your needs. MetroEco adds to our industry-wide reputation, with the Australian Government-backed initiative designed to accelerate Australia’s transition to electric vehicles.

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Value

Offering discounted fixed interest rates on green asset loans and no annual fees, MetroEco guarantees the best possible financing for a new EV. Enjoy the transparency and flexibility of a value-packed vehicle loan when you finance with Metro.

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Results

Having already helped thousands of Aussie households transition to electric vehicles, MetroEco is a proven way of securing financing for your next vehicle. With flexible loan terms across a range of green assets, MetroEco can help you on your sustainability journey.

What you can finance with Metro

There are a range of vehicles to choose from with a MetroEco loan, including new and ex-demonstrator fully electric, self-charging hybrid and plug-in hybrid vehicles, subject to eligibility requirements.

To find out more about our vehicle finance products, head to our personal finance page.  

Who we finance

Personal

Secured personal loans specifically designed for electric vehicles are available through MetroEco. Pay off your dream electric vehicle over 1-7 years, while enjoying the benefits of green car loans through Metro.

Commercial

Finance is available for a range of electric vehicles through MetroEco’s green car loans. Borrow anywhere from $10,000 to $500,000 over 2-5 years for the purpose of purchasing an electric vehicle for your business.

Keen to learn more about sustainable business loans with Metro? Head to our commercial finance page.

Novated leasing for electric vehicles

A novated lease lets you salary package your electric vehicle – reducing your taxable income while driving towards a greener future. With MetroEco, eligible novated leases receive a 0/3% interest rate discount on new and ex-demonstrator electric vehicles.

  • Payments and running costs deducted from your salary
  • Flexible loan terms, from 12 to 60 months
  • Options to include registration and insurance
  • Bulk payment available for employers or salary packagers
  • Government-back Clean Energy Finance Corporation (CEFC) discount saves you even more over time

Types of electric vehicles you can finance

MetroEco green car loans can be used to finance a range of fully-electric electric and hybrid vehicles. Our innovative solutions are designed to support Australia’s transition to a greener future, and help our customers join the electric vehicle revolution with a range of discounts and benefits on the following electrified and hybrid vehicles:

  • Sedans
  • Hatchbacks
  • SUVs
  • Minivans
  • Vans
  • Small delivery vehicles

How to get started

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Get in touch with your broker

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Alternatively, reach out to one of our own trusted brokers

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Your broker will handle the rest

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Start financing your dream car!

Testimonials

MetroEco has been the preferred electric vehicle financing choice of a range of Australian businesses. See what our satisfied customers have to say about their experiences financing electric vehicle fleets through Metro.

FAQs

Can I finance both new and used EVs through MetroEco?

MetroEco green car loans can be used to finance both new and demonstrator EVs, providing a cost-effective method for your business to embrace sustainable practices in your vehicle fleet.

In most cases, a MetroEco loan will only require the asset that is being financed to act as security for the loan. Your broker will be in contact with you if further collateral is required, or if any other unique circumstances apply to your green car loans.

As you approach the end of your loan term, we will send you a finalisation letter. This document will outline the details for finalising your loan and the options available to you for your fleet of electric vehicles. 

 

If your business has been thinking about upgrading to a fleet of new EVs, MetroEco’s green car loans are here to help. Contact us to be referred to one of our brokers today.

Eligibility

If you’re ready to get moving, we’re here to help. Secured personal loan eligibility varies by lender but generally depends on factors such as your credit score, income, employment history, and existing debts.

Our team can get you in touch with one of our trusted brokers or salary packager introducers.