Ann: 4Q24 Trading Update - Growth and strong loan performance, page-38

In the commercial arena (which is unregulated) it is standard practice for almost all car lenders to offer auto approval for cars up to $150k without financials. Several extend to $250k and $350k and one notable goes to $500k. MME is keeping up with the competition. In the consumer space it would be more difficult to approve a $150k purchase but there are very few options available. Bear in mind that while $150k might appear to be a luxury purchase, in fact many utes and 4wds driven by trades people are at or not vey much below $150k.