Jul 13th, 2010 by Ross Edwards
Mercedes-Benz is offering low interest rate financing for many cars for up to three years during July. Mercedes’ financing incentive, 1.9% for either 24 or 36 months, is a great deal and way below what you’d pay to a third party bank. During July, BMW is offering 0.9% financing for 24 months, so if you can swing the shorter loan, you’ll save some money going with a Beemer.
The 2010 Mercedes-Benz C-Class, GLK-Class, SLK-Class, M-Class (except for hybrid models), R-Class, CLS-Class, S-Class and select E-Class and GL-Class models are all available with 1.9% interest rate financing for 24 or 36 month loans.
The 2010 Mercedes-Benz C-Class is a good deal at $340 a month on a 36-month lease. That’s $10 less a month than the BMW 328i, so there’s no huge savings advantage to going with the Mercedes, but you will save $360 over the course of the lease, so you’re basically getting one month free.
Where Mercedes-Benz has a clear advantage over BMW in July incentives is in the convertible department. A 36-month lease on a 2010 Mercedes-Benz SLK300 convertible will cost you just $499 a month. A three-year lease on a BMW Z4 is $629 a month.
If you’re looking for an SUV, the 2010 Mercedes-Benz GLK350 small SUV is available for $459 a month on a 36-month lease.
All incentives listed are for the South Florida area. Contact your local Mercedes-Benz dealer for all available incentives in your area.
[…] During July 2010, Audi is not advertising any financing deals, but is offering some competitive lease incentives. Audi’s rivals are offering some very impressive deals for buyers during July, so if you’re interested in purchasing a new luxury car, be sure to check out BMW’s 0.9% financing deal or Mercedes’ 1.9% loan incentive. […]