1.9% Special APR for 66 Months on ALL 2011 model Mercedes-Benz Vehicles “Retail Loyalty Program” Announced!


Mercedes-Benz just announced a very exciting new program good THIS MONTH,  from October 1 until November 1, 2010. Mercedes-Benz calls it the “Retail Loyalty Program”. It’s pretty simple, this is how it works:

Current Mercedes-Benz customers who have an active account through Mercedes-Benz Financial are eligible for a special APR rate of 1.9% up to 66 months on any new model year 2011 Mercedes-Benz vehicle (excluding Maybach, McLaren SLR, and SLS class vehicles), so, if you’re looking to spend less than $200,000 the 2011 model you pick will qualify).

Let me be clear here… If you currently pay Mercedes-Benz Financial each month for your car… whether you bought your Mercedes-Benz brand new, or if you bought a Certified Pre Owned Mercedes… if you send a car payment to Mercedes-Benz Financial each month, you’re eligible for this 1.9% APR rate (on approved credit) on any new 2011 model Mercedes-Benz on a term from 24 months all the way up to 66 months.

1.9% changes everything on a new car… let’s look at a couple of examples of a 4.9% rate vs. a 1.9% rate… in round numbers…

$45,000 – Finance Amount for a C300 4matic sport, P1 Package, Multi-Media Package (loaded)
4.9% – a normal interest rate, not a bad rate, just a normal rate
66 months
$781 per month is the payment

Now let’s look at the same car with the 1.9% rate…

$45,000 – Finance Amount for a C300 4matic sport, P1 Package, Multi-Media Package (loaded)
1.9% – Special Retail Loyalty Program rate this month
66 months
$719 per month is the payment

Savings are even bigger on a more expensive E class sedan:

$60,000 – Finance Amount for a E350 4matic sport, P1 Package, Pano Roof (loaded)
4.9% (regular rate)
66 months 
$1041 per month is the payment

$60,000 – Finance Amount for a E350 4matic sport, P1 Package, Pano Roof (loaded)
1.9% – Special rate from MBF this month
66 months 
$960 per month is the payment (a $100 savings per month!)

The numbers don’t lie… if you’re in a current contract we should at least explore the idea of trading in your current vehicle and seeing how the special financing will work out on any new Mercedes-Benz model of your choice.

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