Mercedes Benz India is calling this Wishbox 2.0 campaign, which offers tailor made solutions to their customer
Mercedes-Benz India Wishbox 2.0 will now include 10 year extended loan tenure. Lowest EMI is set at Rs. 1499/lakh. Wishbox 2.0 is curated to offer financial flexibility to customers. Customized financial solutions are built on No EMI for first 3 months, Step-Up 2020, and 10 year extended loan. The latter is a first in the auto industry. Customers have the option of 5 year buy-back. For a standard loan one can opt for no EMI for the first three months.
Wishbox 2.0 is curated for ownership of select Mercedes-Benz models. These include C-Class, E-Class and GLC. Doctors can avail an additional Rs. 1 lakh price benefit. Currently Mercedes-Benz India is working to begin ops at all its dealerships.
Wishbox mobility solutions as a platform has only been recently launched. As recent as August 2019. The luxury auto manufacturer says the platform helped drive positive sentiment at a time when market sentiment was low.
Martin Schwenk, MD & CEO, Mercedes-Benz India Limited, said, “As the markets across the country starts reopening and operations begin in a graded manner, we are introducing ‘Wishbox 2.0’, a host of customized and highly flexible financial solutions. These smart financing solutions are one-of-its kind and are our own way of supporting our customers’ investments and addressing the prevalent market challenges.”
As Mercedes-Benz India is able to gradually re-open its dealerships here, the company is adhering to social distancing protocols, and safety and sanitization measures. The company is confident it would be able to reopen remaining outlets as local authorities’ directives permit.
3 Months No EMI – With no EMI to be paid in the first 3 months, will help customers needn’t necessarily postpone a purchase decision. The three month no EMI plan is available with Standard Loan and Agility. EMIs will begin after a 3 month period for a 3/4/5 year loan.
Drive More Pay Less – Step-Up 2020 builds on ‘Drive More Pay Less’. The premise builds on exchange & trade-ins and low EMI through 2020 at 20 percent down payment. Payment option is deigned on availability of liquidity. One pays a small EMI for the first 6 months, and regular EMIs starts from 7th month onward.
10 Yr Finance Scheme – EZ 10 or 10-year Finance scheme comes with a 10 year loan tenure with affordable upgrades. The option is based on 5 years Agility and 5 years refinance, and brings together two contracts. One can opt for buy back after 5 Years. Lowest EMI of Rs 1499 per lakh is part of the finance plan.