Mercedes-Benz India has launched a new set of initiatives that are meant to help improve buyer sentiment, called Wishbox 2.0. The German car maker is offering three financial options:
Three months no EMI: A customer opting for a Standard Loan and Agility can avail an EMI-free period for the first three months. EMIs will commence after the three-month period of the 3, 4 or 5 year loan as customized by him or her.
Step-Up 2020: The ‘Step-Up 2020’ is based on Agility and empowers the customer to opt for a payment option suiting her/his financial convenience based on the availability of liquidity. Small EMIs for the first six months of the contract and regular EMIs starts from seventh month onwards.
EZ 10 or 10-year finance scheme: EZ10 is a first of its kind initiative under which Mercedes-Benz India will extend a customer's loan tenure to 10 years. This financial solution is based on five years Agility and five years refinance, an amalgamation of two contracts. A customer also has the option to opt for a guaranteed buy-back after five years.