With our unparalleled expertise and tailored finance solutions, Metro is your trusted partner in propelling individuals towards a greener horizon. We understand that each customer is unique, and we strive to provide tailored finance solutions that align with your client’s goals and objectives.
At Metro, we recognise the importance of sustainability and the growing desire among consumers to make environmentally conscious choices. Whether you're looking to purchase an eco-friendly vehicle, Metro and our trusted network of brokers have the expertise and financial solutions to support your aspirations.
Our streamlined loan application process ensures that you receive a prompt response, allowing you to get behind the wheel of your electric vehicle.
Metro has earned a strong reputation in the asset finance industry through years of experience, making us a trusted and dependable name in the field. Our commitment to bringing exceptional service and reliable solutions for your electric car financing, has solidified our position as a reliable partner amongst our trusted broker network, making us the perfect choice for your next environmentally friendly purchase.
We strive to make owning an electric vehicle and installing a solar system not only a sustainable choice but also an affordable one. Our competitive rates and flexible terms ensure that you receive the best possible options for your EV, hybrid car loan or next eco-friendly purchase. We understand the financial considerations involved in adopting renewable technologies, and we are dedicated to providing value-driven solutions that align with your budget and long-term savings goals.
We take pride in helping our customers achieve their dreams of owning an electric vehicle and harnessing the power of solar energy. With Metro Finance, you can trust that we will go the extra mile to secure the financing you need. We are committed to delivering results and ensuring that you can embark on your sustainable journey with confidence and peace of mind.
Whether you're interested in a compact electric car for city commuting or a luxurious electric SUV, our financing options cater to various needs and budgets.
We understand that buying a new car is always a big purchase. That’s why we offer tailored electric car loans, ensuring you have access to the necessary funds to purchase the electric vehicle of your choice.
Here at Metro, we know that buying an electric vehicle can feel a bit overwhelming. We have gathered a range of resources to help you make the best decision for your needs.
Find the closest electric vehicle charging station near you. Use this live map created by the Electric Vehicle Council to locate all charging stations across Australia
Navigate the Future: Australia's Comprehensive Electric Vehicle Guide.
The Electric Vehicle Council has put together a live map that shows all charging stations across Australia.
[Include table with current information – needs to be easily updated as the incentives change]
Click on your state or territory below to find the latest updates on government incentives.
New electric vehicles priced under $50,000 generally offer a range capacity of around 480 kilometres, while more expensive models can go even further. It’s important to note that the average Australian drives less than 50 kilometres per day, making range anxiety less likely to be a problem for most daily commutes. Additionally, the majority of EV charging takes place at home, where overnight charging can easily replenish the vehicle’s battery.
For most households, daily charging may not be necessary, and in some cases, a single
charge per week would suffice. It’s worth mentioning that ongoing advancements in battery technology by manufacturers are continually improving the driving ranges of EVs, offering even greater distances on a single charge.
Governments have also started recognising the importance of supporting EV adoption and have started providing funding for chargers in regional locations. This initiative ensures that drivers can confidently travel longer distances across Australia, alleviating any concerns about finding charging infrastructure during road trips.
The cost of charging an electric vehicle (EV) can vary depending on your location, electricity rates, and the specific model of your EV. In Australia, it costs approximately $0.20 – $0.25 per kWh to charge your EV at a level 2 EV charging station.
To estimate the charging cost, we can use the average energy consumption of an EV, which is approximately 20 kWh to travel 100 kilometres. Multiplying this by the electricity rate, it would cost approximately $4.50 in electricity charges to travel 100 kilometres in an electric vehicle.
In comparison, the average petrol car in Australia uses 11.1 litres of fuel to travel 100 kilometres, based on data from the Australian Bureau of Statistics. Considering a petrol price of $1.50 per litre, the cost of travelling 100 kilometres in a petrol car would be $16.65, which is substantially more expensive.
Some key considerations to help you choose the right EV charging station include:
When it comes to financing an electric vehicle (EV), there are a few key differences compared to a traditional car loan. Here’s a breakdown of how electric vehicle loans differ:
To apply for an electric vehicle loan with Metro, you will typically need to provide certain documentation. This may include:
While the exact timeframe can vary depending on various factors, including the completeness of the application and the complexity of the financing request, we strive to provide a decision as quickly as possible.
If you would like to use a loan to purchase a used electric vehicle, speak to your broker who will get in touch with us.
Read our success stories and discover how Metro’s commercial vehicle finance solutions can help your business embrace a greener future.
Metro are competitive and consistent which makes them a great asset finance option. They take a common sense approach, are quick to respond to queries, applications and settlements and want to work with brokers to make deals happen. They will also give fair reasoning and feedback if a deal doesn't fit, meaning no time is wasted. Great team to work with.
Metro are by far the best lender I have dealt with in my 40 year career. From application to settlements the whole team are amazing. Customer care team back us as Brokers up with very quick payouts and other information as required. 10 out of 10 from my team at Leasecorp
Metro Finance is one of the top asset finance lenders in the country. As a broker, we want predictability and consistency from our lenders. It means we can deliver a great service to our clients, because we can manage their expectations around turnaround times. Metro is best-in-class at this. As they have grown, they have managed to maintain this consistency, which is exceptional.
When it comes to providing high value to customers and brokers, look no further. Metros rates are extremely competitive, their approvals are quick, their systems have set an industry benchmark, and their settlements are the best by far. I recommend them to my customers not only because they are all good people, but their overall product and service is consistent, and of the highest quality.
The team at Metro Finance are the best out there. So great to deal with a lender that has open clear communication, competitive rates and products. Turnaround times for approvals and settlement are quick which ensures clients are always happy with efficiency. Great overall products, people and policies.
Exceptional service, great products and time efficient processes/systems. In my opinion, Metro’s credit and settlement teams are the best in the industry but also support us with fantastic relationship managers. Best funder to work with professionally and my finance option preference for our lending needs. Changing the way finance in the broker market, Metro work with us as broker partners rather than just the “introducer” only to snub us post settlement like the other lenders do.
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