Return the vehicle to the finance company. If you have not exceeded the agreed mileage, nothing else is due. Very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest. Hire Purchase is a type of secured loan which are often preferred over alternative loans because they allow a greater borrowing limit. We would love to send you our monthly newsletter covering the latest insider news from the supercar world & keep you informed of our latest offers by email. A Hire Purchase agreement usually requires you to pay a deposit at the beginning of the agreement. You then pay the rest of the value of the car in instalments, over a period of between 3 and 5 years.
If you would like further information please email before you enter into your finance agreement. Operating Lease is a solution for those who want to drive one of our vehicles over a fixed term, with lower monthly rentals and without the worries or commitment of ownership. A solution for those who want to drive one of our vehicles over a fixed term, with lower monthly rentals and without the need to commit to ownership of the vehicle. Mercedes-Benz believes that a great driving experience should be matched with a great ownership experience. We put as much thought, effort and time into our finance options than we do designing our vehicles. Hire purchase is a cost-effective way to purchase a vehicle. You pay a deposit and then make monthly payments to repay the remainder.
Ask About A New Vehicle
We offer a variety of financing options to help you purchase your Mercedes-Benz pre-owned Mercedes-Benz. These include Personal Contract Purchase and Hire Purchase. You decide the mileage you will travel at the beginning of the agreement. If, at the end of the agreement, having chosen to hand your Mercedes back to the finance company, your mileage exceeds the agreed level, you simply pay a fixed amount for every extra mile. Contact us to speak with a member our experienced team of car finance experts, or request a return call at a time that suits your schedule.
- You can pay the residual value in cash, or settle by part-exchange, or 2.
- CarFinance 247 could still help you find finance, even if you’ve been declined by a lender like Arnold Clark.
- Magnitude Finance can assist you, whether you’re looking to purchase one of Mercedes-Benz’ infamous convertibles, SUVs or renowned A-Class models.
- With so many different car finance options, it’s important to find the right type for your circumstances.
- We don’t charge a fee for our service, but we do earn a commission.
At Capital Car Finance we have the ability to offer our customers a very low rate of interest (From just 4.9% APR) together with industry leading GMFV’s making Mercedes cars very affordable. To get all the details about the model you are interested in, please fill out the form. Magnitude Finance is a part of the DSG Group, a collective of fintech companies providing car finance solutions to the UK’s businesses and individuals. Here, you ‘hire’ the car from a Mercedes retailer until your finance plan is complete. At Magnitude, we believe there is a perfect finance model out there for every client. For this reason, we deal with a great range of finance products that our clients can freely choose from.
Existing Finance Customers
Magnitude has often beaten specialist financial service providers in terms of price and expertise, and this holds true for the Mercedes-Benz brand. The Mercedes A-Class is a luxury hatchback that’s elegant to look at, delivers a lot of power and offers a wide selection of engines. It was one of the most popular cars of 2021 and features on our list 2022 of the best hatchbacks! Get your Mercedes A Class finance in order today and you’ll be behind the wheel in no matter how long it takes.
We look to find the best rate from our panel of lenders and offer you the best deal that you’re eligible for. Our service is free, but we do charge a commission. This does not affect the interest rate that you are offered. We look to find the best rate from our panel of lenders and offer you the best deal that you’re eligible for. If you’ve been refused finance by a lender like Mercedes-Benz, we could still help.
Mercedes-Benz Financial Services pay us a fixed commission for introducing you to them. This can be done by referring to the vehicle model, age, and amount borrowed. The amount that they pay us will not affect the amount you pay under the finance agreement, all of which are set by the lender.
Choose from a wide selection of Mercedes-Benz approved used cars, offers and services with Marshall Mercedes-Benz. You can choose from our No Maintenance’, Service Only’ or Full maintenance with Tyres’ options when you sign a Personal Contract Hire Agreement. The vehicles resale value may not be worth more than the final payment, meaning that your deposit may be reduced for your next vehicle. Lookers is the best place to start if you’re looking to buy a new Mercedes-Benz.
