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metro auto loans

AUTO ICONGet 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 4.29% 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.

 

Apply for an auto loan online       loan rates

 

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 ApplicationReturn to METRO – loanservices@mcu.org or Fax to 847-670-0401

 

 

Additional Terms and Conditions:

*Rates and offers are current as of 01/01/2025 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 with 15% down payment and may be higher depending on individual credit rating.

New Auto Loans:
The loan rate applies to New Vehicles only. New Vehicles are those for which you are the original owner and the UNTITLED vehicle is model year 2024 or newer with less than 3,000 miles. Up to 125% financing is available with an added premium. Vehicle weight and mileage restrictions apply.

Used Auto Loans:
Metro will determine the Maximum used car loan using a JD Power value. Financing is available up to the JD Power valuation, not to exceed 125%. Vehicle weight and mileage restrictions apply.

Payment Example: The approximate monthly payment on a $25,000 loan at 4.99% APR (rate discount included) for 60 months is $471.58. The total finance charge is $3,294.27, and the total loan cost is $28,294.27.

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.

All loan applications are subject to METRO Federal Credit Union lending guidelines. Up to 125% financing is available with an added premium on vehicles that do not exceed 100,000 miles. The minimum loan amount is $20,000 for 72 & 84 months terms. Rates are not available to refinance existing METRO loans.