Thread: Car Finance
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      01-09-2013, 06:40 PM   #2
Palmnuts
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Drives: Merc SLS AMG & ML63 AMG
Join Date: Nov 2008
Location: Loughborough, UK

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You'd probably be cheaper going into a main dealer than using your broker. I've just today bought a new E-class coupe using MB's subsidised finance and got a huge discount too (I just asked the dealer to match Broadspeed's price).

For instance, I'm looking at a brochure titled 'Finance Offers from Mercedes-Benz' and the CLS example in there is very competitive:

3.9% APR on their PCP
6,800 deposit contribution on a 47k car

That deposit contribution is 14% so already beats your brokers' price for the car before you've even started to negotiate. I reckon you can get another 5% discount on top of that offer easily....the deposit contribution is provided by MB so you still have the 8% dealer margin to chip away at

The full offer advertised is as follows (this is just an example and I guess applies to the 350CDi too):

CLS 250CDi - 47,600
MB Deposit Contribution - 6,800
Customer Deposit - 8,935 (you can pay less, right down to zero, or more up to 30%....it just changes the monthly payment)
24 month payments - 399
MGFV/Final Payment - 24,150

Hope that helps
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Andrew
Current: '11 Merc SLS AMG | '12 Merc ML63 AMG
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