How to Apply for Mercedes-Benz Financing

March 17th, 2020 by

Apply for Mercedes-Benz Financing

How to Apply for Mercedes-Benz Financing

Applying for Financing at Mercedes-Benz of Rocklin

Financing a new Mercedes-Benz is easier than you’d think. While the brand is associated with luxury, opulence, and elevated taste, however obtaining auto finance of a Mercedes-Benz is not only for the elite. In fact, the process is just like any other auto loan application.

You’ll need to complete a car loan application, choose a vehicle to purchase, submit applicable financial records, and select the best lender for you. You can also consider a car lease program.

If you’re thinking about financing a new or previously owned Mercedes-Benz, this guide will come in useful. Listed below are the steps and a few common questions we receive at Mercedes-Benz of Rocklin, so you can be prepared ahead of time.

Can You Finance the Vehicle at Mercedes-Benz of Rocklin?

Yes – you certainly can. In fact, many of our satisfied customers complete the entire loan process at our dealership. This provides some flexibility as you can speak with one of our professional financing experts before the application is filled out. They can guide you to the right financing program, discuss lease options, and give you a big picture perspective, so you can make an informed decision.

Is it Best to Apply for a Loan Prior to Selecting the Vehicle?

This is a matter of preference. There are several individuals who prefer to apply for a desired financial amount and be approved prior to visiting the dealership. This allows them to have a predetermined budget in mind, with a general understanding of monthly payments, interest rates, and more.

However, you can also select a vehicle first, and build your financing depending on the year, make, and model. This may help open different lenders and financing options, as there are some who specialize in new Mercedes-Benz models and others with previous-owned.

What is the Process for Applying for Financing at Mercedes-Benz of Rocklin?

There are two ways to start the financing process. You can complete everything at the dealership, or you can kick start the process by applying online.

On our website, there is a financing section. If you highlight that button on top of the website, you’ll see a dropdown menu. Click the Apply for Financing section and head to that section.

On the application page is a series of questions that will help determine your financing options. Answer the questions to the best of your ability to begin the process.

There are some important items you need to retain before submitting the application including:

  • Valid Driver License
  • Proof of Income – Either bank statements or paycheck stubs
  • Three to five personal references – including name, addresses, and phone numbers

The approval process takes into several factors including annual or monthly income, credit history, debt to income ratio and much more. The key is to have all these documents or required records with you before beginning the application process. This helps the financing department locate the right loan program for you, the vehicle you’re planning to purchase, and other important factors.

Visit Mercedes-Benz of Rocklin

The financing department at Mercedes-Benz of Rocklin strives to serve you with exceptional customer service. Our team is creative, transparent, and most importantly, dedicated to finding you the best financing program possible.

If you’re thinking about financing a new or previously owned Mercedes-Benz, visit Mercedes-Benz of Rocklin. We’re here to serve you.

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