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Mercedes introduces an extended 10 year loan tenure

Mercedes-Benz has launched a special finance scheme called Wishbox 2.0 for its customers. It includes an extended 10 year loan tenure.

As part of Wishbox 2.0, Mercedes-Benz customers will not have to pay EMIs for the first three months. EMIs will commence after 3 months period in the case of 3, 4 or 5 year term loan as customized by the customer.

Under the Step-Up 2020 scheme, customers can opt for a payment option that suits their convenience. This includes low EMIs for the first 6 months and regular EMIs from the 7th month onwards along with a 20% downpayment.

Under the 10-year finance scheme, customers can opt for a guaranteed buy back after 5 years. The per lakh EMI is Rs. 1,499.

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