Certified Pre Owned Mercedes Special Finance Rates, APR for November


Special finance rates for Certified Pre Owned Mercedes Benz vehicles for the month of November 2010 were just released. There are some good finance deals to be had here. They added 2009 model year cars to the special finance list for C class models last month, I would guess those will remain with special finance rates for some time. (more analysis below the rate chart)

Class Model Yr 24-36 Months 37-48 Months 49-66 Months
C 07, ’08, ’09 1.99% 1.99% 2.99%
E 07 – ’08 1.99% 2.99% 3.99%
CLS 07 – ’08 1.99% 2.99% 3.99%
CLK 07 – ’08 1.99% 2.99% 3.99%
M 07 – ’08 1.99% 2.99% 3.99%
S 07 – ’08 1.99% 2.99% 4.99%
GL 07 – ’08 1.99% 2.99% 4.99%

If you can handle the payment of a 48 month purchase term the interest rate on all the cars is well below rates on most new cars and the prices of thes used cars will be at least 40% less than the prices of their equivalent new car. You pay it off faster, pay less interest, you’ll be in a better position when it comes to the actual value vs. outstanding balance on your loan, and you might not be upside down on the fastest depreciating asset you probably own… unless of course you have some rental condos in Florida.

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