Best Car Financing Company - Mercedes-Benz Forum

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post #1 of 11 (permalink) Old 09-29-2005, 04:32 PM Thread Starter
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Best Car Financing Company

I am about ready to buy a car, I'm just curious what is the best financing company there is?
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post #2 of 11 (permalink) Old 09-29-2005, 05:35 PM
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RE: Best Car Financing Company

I find the dealership will give you the best rate, but they'll ding you for paying it off early.

If you want more flexible payments and the ability to make a large payment without penaltly you should talk to your bank but the tradeoff is a high interest rate.

I can only assume you are buying a Benz, but there is really good financing for pre-owned Benz's as well.

If you aren't buying new or newer, I haven't a clue.
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post #3 of 11 (permalink) Old 09-29-2005, 06:52 PM Thread Starter
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RE: Best Car Financing Company

I'm ready to buy a 2002 cl600.
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post #4 of 11 (permalink) Old 09-29-2005, 11:34 PM
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RE: Best Car Financing Company

Local credit union!
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post #5 of 11 (permalink) Old 09-30-2005, 09:11 AM
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RE: Best Car Financing Company

I would avoid MBCredit, it has become as bad as Chrysler Financial.

I had to wait for 4-5 hours for my credit application approval when I bought my 2006 ML350. Eventually, I got tired and opted for Bank of America and the process took just 30minutes, also I got the very good rate with Bank of America compared to MBCredit.

My 2cents.

Thanks
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post #6 of 11 (permalink) Old 09-30-2005, 10:18 AM
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RE: Best Car Financing Company

Always check with the credit union. They typically give great rates. If you don't belong to one, you can usually get in by starting a simple savings account with a $5 deposit.
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post #7 of 11 (permalink) Old 09-30-2005, 10:25 AM
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RE: Best Car Financing Company

My friend Tony will loan you the money. Here he is with another friend of mine, Joe the Welcher, on the right. Haven't seen Joe around for a while. I think Tony bought his car, I see him driving it a lot.


Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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post #8 of 11 (permalink) Old 09-30-2005, 01:06 PM
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RE: Best Car Financing Company

Can someone post their experience (Good or Bad) with MBCredit.. Thanks
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post #9 of 11 (permalink) Old 09-30-2005, 01:33 PM
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RE: Best Car Financing Company

Quote:
kvining - 9/30/2005 11:25 AM

My friend Tony will loan you the money. Here he is with another friend of mine, Joe the Welcher, on the right. Haven't seen Joe around for a while. I think Tony bought his car, I see him driving it a lot.


Please visit our credit department and speak to our vp of quick loans, the gregarious Frankie bag-of-donuts.

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post #10 of 11 (permalink) Old 09-30-2005, 02:21 PM
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RE: Best Car Financing Company

Good experience with MB credit. Just buy a car you can pay cash for and fuck giving anything else to anyone. Banks have too much on their side already, why feed the monster.
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