Financing your dream Mercedes-Benz is easy when you visit Mercedes-Benz Youngstown. Our financing deals let you drive away in a new or pre-owned vehicle today, then pay it off over time in installments. It’s the simplest way to obtain your next luxury car or SUV. In this article, we’ll help you understand how to finance a Mercedes-Benz in Youngstown and which finance options are right for you.
Mercedes CLK DTM AMG by More Cars is licensed with CC BY 2.0
There are two main ways you can secure a Mercedes-Benz through financing: purchasing with a car loan or leasing. We’ll explain the differences between these finance options so you can choose the right one for your needs.
Purchasing with a car loan, sometimes called financing, involves paying off your Mercedes-Benz in small monthly installments with interest. At the end of the loan period, you’ll own the vehicle. Even when you’re paying it off, you’ll be free to use your Mercedes-Benz as you like — unlike a lease vehicle, which has mileage and modification conditions.
If you choose to lease a Mercedes-Benz, you’ll also make small monthly payments. However, your installments simply allow you to drive the vehicle, much like paying rent on an apartment lets you live in it rather than own it. At the end of the lease period, you can simply return the Mercedes-Benz to the dealership. Because you’re not buying equity in the Mercedes-Benz, lease payments on a comparable model are usually much lower. Leasing may be the best option if you enjoy upgrading your vehicle every few years.
We offer several types of finance plans to suit our customers’ needs and financial situations. Some of the most common are:
Following these steps can help you get the best finance deal and Mercedes-Benz vehicle for your needs.
Your credit score has a direct impact on the interest rate you’ll receive. The higher your score, the more advantages you’ll receive. For example, with a high credit score, you can use financial leverage to secure a better interest rate on the Mercedes-Benz you’re considering.
Mercedes-Benz offers a wide variety of models to appeal to different tastes and needs. There are six main body styles:
When you’ve decided which style suits your needs, consider your driving habits and lifestyle needs. You may prefer an electric car if you regularly drive short distances. Think about what you need both now and in the future. For example, if family additions are on the horizon, you may want to prepare for their arrival with a larger vehicle than you need right now.
When you’ve narrowed down your options, you can start your finance application online. Simply complete the form on our website to apply for preapproval and save time at our dealership. Alternatively, you can chat with our finance team, who’ll guide you through the finance application onsite.
Driving a Mercedes-Benz is an ongoing financial commitment, so make sure you consider your post-purchase obligations.
Our finance team can set up a payment plan that automatically makes your car repayments. Your loan term will impact how much you’ll pay each month, so make sure you choose an agreement that suits your financial goals. Choosing a long-term loan is an excellent way to lower your monthly installments, but you may prefer a short-term loan to reduce your interest burden.
Following the recommended maintenance schedule will help your Mercedes-Benz run reliably and reduce wear and tear. Scheduling regular service appointments that follow Mercedes-Benz recommended schedules for your model can actually save you money and time in the long run. During your service appointments, our experienced technicians can identify and correct any small problems before they become larger, more expensive issues that could potentially damage your vehicle.
A well-maintained Mercedes-Benz is a vehicle you can depend on. But if something unexpectedly goes wrong, your warranty may cover the repairs. All our new and certified pre-owned Mercedes-Benz vehicles come with a comprehensive manufacturer’s warranty. For extra peace of mind, you can also purchase an extended limited warranty for your new or certified pre-owned vehicle.
If you’re buying a pre-owned Mercedes-Benz, any unused warranty coverage will automatically transfer to you. If there’s no remaining warranty, we can organize an extended warranty, sometimes called a service contract, for extra protection.
Stop dreaming about driving a Mercedes-Benz and make it happen today. Visit Mercedes-Benz of Youngstown, one of the leading Mercedes-Benz dealers in Ohio, to chat with our friendly sales team. We’ll introduce you to the perfect Mercedes-Benz for your needs and taste and guide you through the finance process. At Mercedes-Benz of Youngstown, we make financing easy.
Our finance experts are here to guide you through the financing process and help you get into your new vehicle. Contact Mercedes-Benz of Youngstown’s finance team today or if you’re ready to start the financing process, you can fill out our secure finance application online.
