Car Loans & Finance

Reliable Vehicle Finance with Metro Finance

Why choose Metro to finance a new car?

Whether you're looking to purchase a new car or a used vehicle, Metro has got you covered with tailored solutions to meet your specific needs. Discover the freedom of the open road with Metro’s secured car loans.

At Metro, we understand that the best car loans are supported by personalised service. Our dedicated team of experts takes the time to work with your broker to understand your unique financial situation, preferences, and goals. We know that every customer is different, and that's why we go the extra mile to ensure that the car loan option we recommend is right for you.

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Fast

With Metro, you can expect a fast and streamlined loan application process, ensuring that you get the funds you need as quickly as possible.

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Trusted

Our expertise in secured personal car loans makes us the go-to choice for brokers and their clients who are looking to finance a new car.

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Value

We offer competitive fixed interest rates, ensuring that you get the best possible financing terms for your secured personal car loan.

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Results

With flexible loan terms and loan values available up to $250,000, you can secure the funding necessary to buy your dream car.

Metro works with brokers.

Speak to your broker or click here to be put in touch with one of our trusted brokers.

Car loan finance features

Making vehicle finance easier to get you behind the wheel faster. Here’s what you can expect when you partner with Metro:

  • Borrow up to $250,000
  • Flexible loan term
  • Deposit and balloon options
  • Flexible repayments
  • Competitive finance rates

Vehicles we can finance

We finance a range of vehicles. Speak to your broker or we can put you in touch with one of our accredited brokers who will guide you through the process.

Looking to go green with your vehicle? Our EV loans are specifically designed to support the purchase of electric vehicles, helping you make a positive impact on the environment while enjoying reduced rates and flexible terms.

Eligibility criteria

Keen to understand if you’re eligible for a Metro car loan? Here’s what we need to get started:

  • Age of Vehicle Maximum age of vehicle is 15 years at end of term
  • Acceptable Licence Types Learner, P1, P2 and Full licence holders
  • Acceptable Residency Status: Australian Citizens and Permanent Residents
  • Minimum Equifax Score 500
  • Minimum Age of Borrower 18 Years
  • Non-property backed applicants accepted

How to get started

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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

Don’t just take our word for it. See what our satisfied customers and accredited introducers have to say about their experiences working with Metro.

FAQs

What fees are associated with a car loan?

The specific fees and their amounts may vary depending on the car loan product. It’s important to review the terms and conditions of the car finance solution carefully to understand the fees associated with it. You’ll need to speak to your broker to get a detailed understanding of fees that apply.

Some common fees include but are not limited to:

  • Application fees: These are charges for processing your car loan application.
  • Origination fees: This fee covers the administrative costs of setting up the car loan.
  • Documentation fees: These fees are associated with preparing and processing the car loan documents.
  • Title and registration fees: These fees cover the cost of transferring the vehicle’s title and registering it in your name.
  • Late payment fees: If you fail to make your loan payments on time, you may be subject to late payment fees.

Prepayment penalties: Some car loans may have penalties if you choose to pay off the loan early.

Yes, our vehicle finance solutions can be used to purchase both new and used vehicles.

Whether you’re looking to buy a brand-new car or a pre-owned vehicle, we offer auto financing options to suit your needs.

The asset financed is usually just required to secure the loan.

If your loan will be used predominantly for business purposes, we offer financing options tailored to meet your needs. You can choose to finance your loan through our Commercial or Novated products.

Our Commercial loans are the best car loans for businesses, providing flexible terms and features to support your commercial vehicle finance requirements. Our Novated car loans allow employees to finance their vehicles through salary packaging arrangements, making it a convenient option for individuals using their vehicles for work purposes.

While this will depend on your personal circumstances and the complexity of your loan application, many customers are approved for a car loan within 24-48 hours.

Metro offers a range of loan terms depending on your specific needs, however most loan terms range from one to five years.

A loan application can affect your credit score, however through proper management of your loan by making repayments on time it can actually boost your credit score.

Yes, our vehicle finance products give you the flexibility to purchase a new or used vehicle from a dealership or a private seller.

We understand that these things can happen from time to time, which is why our team is available to assist you if you miss a loan repayment due to financial hardship. Some loans may include a late payment fee, so it’s always best to check with your broker to make sure you understand the conditions of your loan when applying for one.

Metro’s vehicle finance products can you get you behind the wheel of a range of vehicles, including both passenger and light commercial vehicles. We also offer a range of commercial loans for heavy vehicles and farming equipment like tractors.

Commercial Finance

Competitive business loans for vehicles and equipment

Personal Finance

Flexible loan terms and competitive finance rates. ​

Novated Lease​

Salary packaged through an employer or salary packager. ​

Broker Portal

Efficient and easy to use, catering to all borrowing types.

If you’re ready to get your business moving, we’re here to help.

Our team can get you in touch with one of our trusted brokers.