Auto Event
Get METRO’s Best Rate and Best Add-on Products
so you can focus on the fun this spring!
Get your loan pre-approval and start shopping, or refinance your existing vehicle loan from another institution and reduce your rate. Don’t miss out on this special – APPLY TODAY!
Rates as low as 4.99% APR*
Great rates with flexible terms and financing.
Start saving now! METRO has flexible loan terms and financing up to 125% based on qualification. Rates are based on loan term, credit score, amount financed, and special rate discounts applied. We have lots of ways to save!
Loan Rates
Protect your loan and purchase.
METRO auto loans have benefits!
You can now add on our low-cost GAP Plus insurance, Mechanical Break Down Insurance, and Credit Insurance to protect your loan and vehicle. Our GAP Plus includes deductible assistance for insurance claims and a replacement credit for totaled vehicles. Loan protection products.
Contact the Loan Department at 847-670-0456, ext. 2, for additional questions including rate quotes, payment calculations, and protection product brochures.
Additional Information:
- 85% financing included
- Rates are available on new or used vehicles for purchase and refinance
- Not available to refinance existing METRO loans
- Terms may vary by vehicle year
- Up to 125% financing and longer terms available for a higher rate
Download our Fillable Loan Application – Return to METRO – loanservices@mcu.org or Fax to 847-670-0401
Additional Terms and Conditions:
*Rates and offers are current as of 04/01/2024 and are subject to change. Final rate for all collateral loans is based on credit score, amount financed, year of vehicle, and term. Term will vary by year of vehicle and amount financed. Rates quoted assume excellent borrower credit history and may be higher depending on individual credit rating.
New Auto Loans: Loan rate applicable to New Vehicles only. New Vehicles are where you are the original owner and the UNTITLED vehicle is model year 2023 or newer with less than 3,000 miles. Up to 125% financing is available with added premium. Vehicle weight and mileage restrictions apply.
Used Auto Loans: Maximum used car loan will be determined by Metro using a JD Power value. Financing is available up to the JD Power valuation, not to exceed 125%. Vehicle weight and mileage restrictions apply.
Vehicle Title Loans: Maximum loan amount up to 85% loan to value based on JD Power valuation.
Payment Example: Approximate monthly payment on a $25,000 loan at 5.69%APR (includes rate discount) for 60 months is $479.70. Total finance charge: $3,781.94. Total loan cost: $28,781.94.
Rate Discounts: A .50% rate discount will be applied to Auto Loan rates with a down payment of 15% or more. The rates above include the rate discount.
APR = Annual Percentage Rate. Your actual APR will be determined at the time of loan approval and will be based on your down payment, vehicle year, term, and credit information.