Features

Where does Mercedes-Benz Financial Services do business?

Mercedes-Benz Financial Services is based in Fort Worth, TX. It was founded in 2000 and offers auto loans in 50 states across the USA (and Washington, DC).

What APR does Mercedes-Benz Financial Services offer on its auto loans?

Mercedes-Benz Financial Services offers auto loans with APRs starting at 2.99% . Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccuate information in your credit history with these credit monitoring tools

What is the maximum loan term for a Mercedes-Benz Financial Services auto loan?

Mercedes-Benz Financial Services offers auto loans with terms of up to 72 months. Lenders that offer longer terms can offer larger loan amounts and lower monthly payments. However, remember that the longer the term of your loan, the more interest you will pay. 

Does Mercedes-Benz Financial Services charge an origination fee?

Yes, Mercedes-Benz Financial Services charges a loan origination fee .

Does Mercedes-Benz Financial Services charge a late fee?

Yes, Mercedes-Benz Financial Services charges borrowers with a late payment penatly fee.

Does Mercedes-Benz Financial Services charge prepayment penalties?

Yes, Mercedes-Benz Financial Services does charge borrowers a penalty fee if they pay their loans early. Consider prepayment penalty fees when you choose a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

What is Mercedes-Benz Financial Services’s eligibility criteria?

Mercedes-Benz Financial Services requires borrowers to have a credit score of at least 650 to apply.

To qualify, applicants must provide the following documentation:

  • Driver's license
  • Proof of citizenship or residence permit
  • Recent pay stubs
  • Recent bank statements

What is the estimated funding time for an auto loan via Mercedes-Benz Financial Services?

Mercedes-Benz Financial Services will typically approve (or deny) a loan application within 24 hours and fund auto loans within 1 and 7 days of approval

  • Loan Amount
    $10000 - $250000
  • Payment Options
    • Automatic Payments
    • Check by mail
    • Credit/Debit Card
  • APR
    Starting at 2.99%
  • Max Loan Term (Months)
    72
  • Credit Score Range
    650 - 850
  • Immigration Status Considered
    U.S. Permanent Resident
  • Joint Loan Applications Accepted
    Co-signer
  • Maximum Vehicle Age
    8
  • Military Status
    • Active Duty Military
    • Non-Military
  • Minimum Age
    18
  • Supported Income Types
  • Verification Documents Required?
    • Recent bank statements
    • Recent pay stubs
    • Driver license (or other photo ID)
    • Proof of citizenship/residence
  • Institution Type
    Other
  • Approval Speed (Hours)
    24
  • Deferred Payments
  • Funding Time Range (in days)
    1 - 7
  • Joint Loans Available
  • Credit Bureau Reporting
"Actual rates are based on the creditworthiness of the customer. Not all customers will qualify for the lowest rate."
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