The end of the model year is upon. Because most automakers scaled production back during the tough economic times over the past year and a half or so (Mercedes included) inventories aren’t as big as in some previous years, however, there are some great deals to be had on the last remaining 2011 model Mercedes-Benz vehicles, especially the cars on the upper end of the price scale. While special APR interest rates are available across the product line, and very good rates all the way around, it’s the top end S and GL class buyers who will enjoy the lowest interest rates for the longest terms when financing new vehicles during the month of September 2011.
How does 1.9% APR sound for up to five and a half years on the purchase of a new S class or GL450 or GL550? Such rates are unheard of on these cars at the highest end of the Mercedes Benz price spectrum, I’ve never seen rates this low for long term loans on these models, ever!
Buyers of the bread and butter C and M class vehicles benefit from low 2.9% financing for up to 66 months, while E class cars (including diesels) get 3.9% special APR interest rates out to 66 months.
It is true that there isn’t the glut of unsold 2011 inventory sitting on dealer lots, the inventory numbers are way down over previous years, so if you find a car that works for you and you can take advantage of these interest rates there is really no time to hesitate. Dealers will be less and less apt to ‘dealer trade’ for a car built just so as the last of the 2011s begin to disappear. Of course, you can get whatever you want by placing a factory order for a 2012 model, but if you’re looking for the proverbial “DEAL”… you’re going to have to make due with what’s still available, time is short, you should move quickly.
2012 models are currently all using standard bank rates, NO SPECIAL FINANCING, except on 2012 GLK models which are available with 2.9% special APR from Mercedes-Benz Financial.