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Mercedes Benz Special Finance Offers Introduced In India: Here Are ‘Wishbox 2.0’ Details
Mercedes-Benz has introduced a new finance scheme called the 'Wishbox 2.0' in the Indian market. The company aims to empower its customer and offer ease of ownership while making a purchase decision.
The company had launched the first version of the 'Wishbox' finance solution back in August 2019. Mercedes-Benz managed to attract more customers and helping them own its luxury vehicles in India. The company aims to carry that same momentum to help customers to purchase during these unprecedented times.
The Wishbox 2.0 financing solutions are one-of-its-kind in the Indian market which provides more flexibilities to customers looking to own a Mercedes. These include long-term loans which will result in lower EMI payouts, first three months zero EMI payout, and other attractive options to choose from. Here are the complete details:
Three
Months
No
EMI
Customers
who
are
purchasing
a
new
car
will
not
have
to
pay
any
EMI
for
the
first
three
months
from
the
date
of
the
transaction.
Only
customers
who
are
opting
for
a
standard
loan
and
can
avail
the
EMI
free
period
for
the
first
three
months.
The
loan
tenure
offered
under
this
scheme
is
for
three,
four
and
five
years
only.
Step-Up
2020:
Drive
More
Pay
Less
Under
this
offer,
customers
will
be
paying
very
less
EMI
for
the
remaining
months
of
2020
provided
they
pay
a
20
per
cent
downpayment
upfront.
From
the
seventh
month,
regular
EMI
amount
will
be
collected
from
the
customers.
This
will
help
customers
who
are
looking
for
low
financial
commitment
during
these
times.
EZ
10
Buyers
looking
to
keep
their
Mercedes
for
a
long
time
and
paying
small
EMI
can
opt
for
this
finance
scheme.
Mercedes-Benz
India
is
extending
the
loan
tenure
to
10
years
with
a
refinance
in
between.
the
customer
will
be
paying
as
low
as
Rs
1,499
per
Lac
of
the
loan
amount
as
EMI.
Additionally,
The
customer
also
has
the
option
to
opt
for
a
guaranteed
buy-back
after
5
Years.
Martin Schwenk, MD & CEO, Mercedes-Benz India Limited, said, "Customer centricity has been central to all our market strategy and at Mercedes-Benz, we have developed a deep understanding of the luxury car market and that of our customers. As the markets across the country start reopening and operations begin in a graded manner, we are introducing 'Wishbox 2.0', a host of customized and highly flexible financial solutions, aimed at reinstalling customer confidence and empowering them to buy their Mercedes."
Apart from the above finance benefits, the company is offering Rs 1 lakh additional benefit to doctors honouring their commitment and service provided during these unprecedented times. Also, Mercedes-Benz will donate to PM CARE relief fund for cars sold digitally. A sum of Rs 15,000 per car will be donated for the first 500 cars sold online by the company.
The above finance offers are available only on the regular models like the GLC range, C-Class and E-Class range. AMG models will not be available through the Wishbox 2.0 finance scheme.
Mr Schwenk further added, "We are swiftly getting back to business with gradual re-opening of our dealerships across markets following all the social distancing protocols and adhering to all safety and sanitization measures. We are confident, we will be able to operationalize the remaining outlets following the local authorities' directives, soon."
In related news, Mercedes-Benz is gearing up to launch a slew of new vehicles in the Indian market. The company has informed that their entry-level luxury model such as the A-Class Limousine and the GLA will be launching later this year. The 2020 GLA is expected to launch sometime during October — here are more details.
Thoughts About The Mercedes Benz ‘Wishbox 2.0' Special Finance Offers Introduced In India
Mercedes-Benz has introduced a new finance scheme to ease the ownership of its luxury vehicles in the Indian market. The company also aims to help dealerships to boost sales during these trying times. Furthermore, Mercedes-Benz has introduced a new online platform to help buyers looking for new and certified pre-owned cars from the brand.