As a company, we are committed to supporting sustainability initiatives and creating a better future for our planet. To that end, we are relaunching our green product with additional assets such as solar panels, batteries, and other equipment that will be available to both commercial and consumer customers.
Our MetroEco initiative is focused on supporting the Australia’s transition to a net-zero economy. With MetroEco we aim to make it easier for you to invest in green technology and contribute to a more sustainable future.
Empower your business’s growth with MetroEco’s Commercial Finance solutions, tailored to meet your enterprise needs for sustainable and scalable success.
Transform your financial dreams into reality with MetroEco’s secured personal car loan options, offering flexible and personalised solutions for your goals.
Experience the convenience of driving your dream electric vehicle with MetroEco’s novated leases, offering flexible terms to suit your needs.
Eco-friendly vehicle financing doesn’t need to feel 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.
Every year, Metro conducts a comprehensive review of its carbon emissions, aiming to transition into a more environmentally conscious company by reducing and offsetting our carbon footprint and actively contributing to climate change mitigation.
Metro is proud to announce its collaboration with GreenFleet, a leading not-for-profit environmental organisation dedicated to protecting our climate by restoring our forests.
To understand our carbon footprint, Metro has teamed up with Trace, a climate technology company founded in Australia with a mission to simplify the process for businesses to assess their environmental impact.
Navigate the Future: Australia's Comprehensive Electric Vehicle Guide.
Read our success stories and discover how Metro’s commercial vehicle finance solutions can help your business embrace a greener future.
There are numerous reasons why businesses choose to embrace EV loans, including:
Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs) are generally the only two models that are considered to be electric vehicles. BEVs are entirely electric and operate using rechargeable batteries, without the need for a traditional fuel engine. PHEVs, like their name suggests, feature a combination of electric motor and a petrol engine. These vehicles include rechargeable batteries that can be connected to a power source for charging.
While Hybrid Electric Vehicles (HEVs) are also available, combining a standard internal combustion engine with an electric propulsion system, they typically aren’t covered by electric vehicle finance solutions due to their non-reliance on external electric charging.
While the initial purchase and setup cost for an EV might be higher, they are usually more economical in the long run due to lower fuel expenses and fewer servicing needs. As EVs are powered by electricity, which is generally cheaper than petrol, you can significantly reduce the cost per kilometre compared to fueling a conventional car. EVs also have fewer moving parts than internal combustion engine vehicles, which can translate to reduced servicing costs.
It’s also important to note that many state governments offer incentives for EV purchases, such as rebates, tax credits and registration fee reductions, all of which can substantially lower the cost of an EV.
Concerns about the driving range of electric vehicles are becoming less and less relevant with advancements in EV technology and infrastructure. New electric vehicles priced under $50,000 now boast a range capacity of around 480 kilometres, while more expensive models offer even greater ranges. Considering that the typical Australian drives less than 50 kilometres a day, this range is more than sufficient for daily use.
As the majority of EV charging occurs at home, charging is convenient and you can easily ensure that the vehicle is ready for daily use without the need for frequent public charging.
Recognising the need for extensive charging networks, governments across Australia are investing in charging infrastructure, especially in regional areas. The Queensland Government has funded the installation of fast EV chargers from Coolangatta to Cairns and between Brisbane and Toowoomba. The Victorian Government has committed an additional $2 million to support the expansion of more charging stations across the state, while the NSW Government has pledged $5 million to co-invest in new charging stations in NSW.
Yes, you can obtain heavy truck loans and business car loans. If you’re looking to expand your company’s fleet through sustainable vehicle financing, click through to our commercial page for more information on electric truck loans, heavy truck loans and business car loans. These types of business car loans are specifically designed to support companies in acquiring vehicles necessary for their operations.
At the end of a novated lease term, you have several options:
Learn more about novated lease requirements here.
Our team can get you in touch with one of our trusted brokers or salary packager introducers.
