Mercedes Benz Finance Options
If you're looking to get car finance to buy a Mercedes-Benz, Savvy can help. With expert advice and great loan options, we'll get you on the road fast!
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Savvy Editorial TeamFact checked
Competitive Mercedes-Benz car loan options
So you're looking to get a Mercedes-Benz – perhaps a Mercedes-AMG A 45 4MATIC, or a Mercedes E Class All-Terrain – and you need finance to make it happen?
Talk to Savvy! Our consultants are experts with automotive finance, and with access to over 25 of Australia's top lenders, we can ensure you always have competitive loan options with great rates available to you. You can apply for a free, no-obligation quote on a car loan – new or used – make sure you're comparing the best options for your circumstances before you buy.
Features of a car loan through Savvy for a Mercedes-Benz
Set your own repayment times
With a loan through one of Savvy's lenders, you can choose a repayment schedule to suit your timetable – making payments on a weekly, fortnightly, or monthly basis.
Competitive interest rates
Going through Savvy can get you great rates on a car loan for a new Mercedes-Benz. Our lenders offer affordable interest rates for you to compare.
Many options on the table
Because we're a broker and not a bank or lender, we can select loan choices from a wide variety of lenders, and give you a range of options customised for your budget.
Choose your terms
With a loan through one of Savvy's lenders, you choose your loan term – from 12 to 84 months. Choose a short term for a low overall cost, or a long term for lower repayments.
100% finance available
with Savvy's lenders, you can borrow the full purchase price of the vehicle you're buying – including any optional extras like exterior lighting or multimedia upgrades.
Low fees
Savvy has access to major lenders that can deliver some of the lowest loan fees on the market.
No extra collateral needed
With a car loan secured through Savvy, the vehicle is used as the security on the loan, so there's no need for extra collateral. The only asset you need to offer is the car.
Private sale is an option
Savvy can offer finance to buy a car from a private seller, opening up the option to purchase one of those once-in-a-lifetime deals from a private seller.
What our customers say about their finance experience
Savvy is rated 4.9 for customer satisfaction by 3947 customers.
Why so many Australians choose Savvy for luxury car finance
Trusted name
Savvy's been in the business more than a decade, and has helped more than 10,000 customers arrange car finance.
National service
Savvy operates Australia wide. You can log on and apply for a loan from anywhere in the country.
Fast Turnaround
Savvy's lenders are fast – you can normally expect to see a car loan for a new Mercedes-Benz approved in 24-48 hours.
Platinum awarded service
Savvy has been repeatedly recognised for outstanding service by Feefo, achieving a platinum award and 98% approval.
Highly convenient
Savvy's services are available entirely online, meaning you never need to leave the comfort of your own home.
Dedicated consultants
Savvy's brokers are on hand to work with you one on one, providing expert advice and a range of tailored options.
How to apply for a car loan through Savvy
Examine your options
The best way to get started is to get in touch by requesting a quick quote. This will put you in touch with one of our expert brokers, who can examine your situation and present you with a range of loan options tailored to your specific needs.
Select your loan and apply
Once you’ve selected the loan option you prefer, your broker can contact the lender and apply for a loan on your behalf. You’ll need to provide your broker with some documentation (ID, payslips, and sometimes bank statements) that they can then submit to the lender with your application. With Savvy this isn’t difficult – we have a number of quick and easy ways to send in your information electronically, from home or from your office.
Sign on the dotted line
Once your information has been verified and your loan approved, you’ll be sent some digital documents to review and sign – including your final loan contract. This can be done digitally from any PC, tablet or smartphone. Once you’ve signed off, your Mercedes-Benz car loan is finalised.
Go forth and drive
You now have the funds available to purchase your Mercedes-Benz. The lender will generally transfer the money directly to the dealer or seller – you don’t need to handle it yourself. As soon as the money hits their bank account, it’s time to go pick up your new car.
Your common Mercedes-Benz finance questions answered
You can make early repayments with most lenders, but many charge fees for it – which can lessen the benefits. Fortunately, many of our lenders offer zero fees for early repayments. So, if you're keen to have that option available, talk to your broker and we can connect you with the right lender to make that possible.
The problem with going directly to a bank is you'll only ever be offered the loans and financial products of that bank. The advantage of going with a broker like Savvy is that we compare a range of loans from a wide variety of lenders, which almost always means a better deal for you. And of course, our quotes are no-obligation, there's nothing to stop you going back to your bank if they end up having the best deals available on finance for a Mercedes-Benz.
If you're looking to use a Mercedes-Benz predominantly as a business vehicle, Savvy's brokers have an excellent range of commercial loans which can provide the finance, such as chattel mortgages, hire purchase agreements, and car lease arrangements. Our brokers would be more than happy to help you arrange one of those options.
It's possible, but it's fairly rare. Normally this only happens if your circumstances change radically after pre-approval – such as if you lose your job. Your pre-approval can also lapse if you leave it too long (normally around 30 days), but if this happens it's generally fairly easy to re-apply.
You’re required to have full comprehensive insurance on a car you buy with finance (for at least the market value), but that’s normally the only restriction. You're free to choose your insurer, and take advantage of options like bundling your car insurance together with other policies to save money if you choose.