Mercedes-Benz Extends Low Auto Loan Rates Through October

By Liz Opsitnik
Friday, Oct 15 2010 14:27

Mercedes-Benz continues its 1.9 percent auto loan financing up to 36 months on most of its 2011 vehicles through October. This month though, Mercedes-Benz has extended the 1.9 percent car loan rate up to 66 months on the M-Class SUV and CLS-Class Coupe.

Mercedes' 1.9 percent, 36-month auto loan rate incentive is very similar to rival BMW's October deal. BMW edges out Mercedes a little by offering 0.9 percent auto loans for 36 months. Remember that both automakers' 36-month auto loan incentives will have high monthly payments, even though the car loan rates are low.

The 2011 ML350 SUV has 1.9 percent auto loan financing for 66 months in October.

Mercedes-Benz is also offering leases for 27, 36 and 39 months on most 2011 models and 2010 S-Class vehicles in October. Monthly lease payments range from $349 to $1,349. You'll need anywhere from $3,141 to $7,143 at lease signing.

Mercedes-Benz's smart brand is offering a few 36-month lease incentives in October on its micro car, the fortwo.

Smart's 2010 pure chrome yellow special edition can be leased for $179 a month with $2,561 due at signing. The 2010 passion coupe is $189 a month with $2,509 at lease signing. For $249 a month, October shoppers can lease the 2010 passion cabriolet with $2,799 due at signing.

Incentives listed are for the southeast region. They may differ depending on where you live. Check Mercedes-Benz and smart's sites to find the incentives in your area.

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