Hire Purchase Agreement Mercedes

We`ve put together a few questions you may have at the end of your lease. You can reduce your monthly repayments by depositing a larger deposit at the beginning of a financing agreement or by deferring a lump sum (also known as a balloon payment) until the end of the agreement, which may be a useful option in certain circumstances. Call us to discuss your options and we can find out more. Once you have made the last payment and the option to purchase the tax, you will own the vehicle. The optional purchase payment is due on the last day of your contract by paying these activation fees and any activation fees you own directly. You will take care of a man who will spend time understanding your financial situation. This allows us to create tailor-made loan contracts for Mercedes models that meet the needs of our customers. If you wish to voluntarily terminate your contract at any time, the vehicle is subject to our return standards and a maximum of 20,000 miles yes, but as a general rule, the fee is charged – these are explained in the terms of your contract. Please call us for more information.

At the end of your agreement, you will have the opportunity to buy your vehicle. Once you have your last payment and a nominal “pay option” of 10 euros, you will own the vehicle directly. The purchase of your vehicle is thus complete, allowing you to share for a new model or simply to continue your current Mercedes-Benz. Flexible deposit and repayment time means you can tailor the financial agreement to you. Decide how much you want to deposit as a deposit on your selected vehicle and decide how long your contract will last. Then, for the duration of your contract, you pay the regular payments over the agreed term until the rest of their value is repaid. You own the vehicle at the end of the funding agreement. As a rule, 10-20% of the cost of the vehicle. The exact amount depends on your financial situation and the purchase of a new or used car.

However, some agreements do not require a deposit, while others may require up to 30 per cent to qualify for a low interest rate. Of course, the more money you can deduct as a deposit, the less you need to borrow and therefore the lower the monthly repayment since then. All you have to do is register with Mercedes and then check your agreement in the Mercedes finance section under the link “Manage my agreement” Link, remember to have your contract number handy. We are passionate about classic and efficient vehicles and we have the right connection within the automotive industry to offer competitive financing offers with quick decision-making. We can help you choose the best option available for your living conditions. Choose a rental purchase if you are an easy way to own your vehicle and spread the total cost over a fixed period of up to 60 months. Or choose to purchase leasing if you want lower monthly payments, but you have to pay a flat fee at the end of your contract, also called balloon payment. Please note that a nominal $10 “call option” will be deducted from your account. So the purchase of your Mercedes-Benz is finished, so you can easily enjoy your car.