Auto Loans – New Used
A simple interest loan, secured by a new or used automobile.
Standard Loan Features
- Competitive rates for purchasing a new or used vehicle, or refinancing an existing vehicle loan
- Option to defer first payment up to 90 days*
- Easy pre-approval process puts you in better negotiating position
- Convenient repayment by automatic transfer from your METRO account
- Generous loan amounts flexible terms (see loan rates table )
- Comprehensive, low-cost Mechanical Repair Coverage. GAP Debt Protection available
- Rate discount available with purchase of two or more protection products
- New vehicle financing available up to 120%* of Manufacturer Suggested Retail Price (MSRP) price including tax, title, license warranty
- Used vehicle (1) financing up to 115%* retail Kelley Blue Book, including tax, title, license warranty
- No pre-payment penalties
Before you head down to the dealer, talk with us first. We can pre-approve you in minutes, so you know up front what your loan amount, interest rate term will be. Call us at 619.297.4835 today.
* Based on credit worthiness. Not all borrowers will qualify.
(1) Used vehicle financing on vehicles up to 8 years old.
See Loan Rates for additional information.
Estimate Coverage Cost for Guaranteed Asset Protection (GAP), Mechanical Repair Coverage (MRC) or Debt Protection
*Payment may be deferred for up to 90 days from loan funding. Interest will accrue during the deferral period. Offer available on new Vehicle Loans only.
Green-Light Auto Loans (1)
Opt for automatic payments from the Access Checking account (a pre-requisite for the Green-Light Auto Loan), and enjoy a rate reduction of 0.25%.
- Loan amounts available for up to $20,000
- Flexible terms
(1) If Green-Light Auto Loan applicant is under the age of 18, primary applicant must be age of majority.
All loans subject to approval.