Looking to get a new car? A car loan from Metro Finance can get you one quicker. Metro is an award-winning Australian non-bank lender with a range of tailored finance products to suit your specific needs.
Best of all, our locally-based team and extensive broker network means you get friendly, knowledgeable customer service from real people, with fast approvals to get you on the road sooner.
In this article, we’ll take a look at the types of new car loans and finance options available to you at Metro to help you decide the best option for you.
With Metro, you can expect a fast and streamlined loan application process, ensuring that you get the funds you need as quickly as possible.
With over 15 years of local experience and an Australia-based team dedicated to providing reliable secured personal car loans, Metro is the go-to choice for brokers and their clients who are looking to finance a new car.
We offer competitive fixed interest rates and no monthly fees, meaning that you will always get the best financial terms tailored to your specific needs.
Since launching we’ve helped over 120,000 customers and financed over $10 billion, all backed by our award-winning service. With terms up to 84 months and values up to $250,000, see why so many Aussies are with Metro.
There are many benefits to choosing Metro for low interest car finance, but some of the key features our customers enjoy include:
Metro can provide low interest car loans on a range of new and used vehicles, including petrol, diesel, hybrid and electric-powered cars.
Find out more about electric vehicle loans at Metro.
Best of all, you’re not limited to where you can purchase your dream car from with finance available for cars bought from a dealership, a private seller or even as a great import.
Like to know more about a loan on a pre-owned vehicle? Click here.
Getting low interest car finance with Metro couldn’t be simpler, but like all lending providers there are certain things we require when assessing a car loan application, such as:
How you meet Metro’s eligibility criteria, with particular attention to your credit score, will likely affect the loan terms available to you, which includes the interest rate and loan period.
To find out more, talk to a friendly Metro broker who will be able to guide you through the loan application process.
Don’t just take our word for it. See what our satisfied customers and accredited brokers have to say about their experiences working with Metro.
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.
When deciding on any financial product it’s a good idea to do your homework. Start by chatting with your broker to get an understanding of some of the costs and fees associated with your preferred loan option. While every loan is unique to the applicant, some of the common feeds you may encounter include:
In most instances the vehicle itself is used as security against a low interest loan. Talk to your broker to understand the specific details of the loan and security options available to you.
Yes. Metro can offer novated leasing options for employees looking to finance a vehicle through salary sacrifice.
To find out more, explore novated leasing with Metro.
Yes. Metro can offer a low interest car loan for business vehicles as part of our commercial car loans product.
To find out more, explore our commercial car loans options for passenger vehicles.
At Metro, we pride ourselves on providing fast and reliable finance approval for our customers, with most applications taking between just 1-2 days. In some instances a loan approval may take longer if issues arise or if the application is incomplete. Fortunately, your broker will be able to guide you through everything to ensure a smooth and fast approvals process.
Yes. As with any financial product it may impact your credit score, however in most instances by making loan payments on time it can actually boost it over time.
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.