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1.99% APR

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Anonymous
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1.99% APR

Just wanted to post good news.  I was trying to buyout my lease with Mercedes Benz and I was able to get on through a promotion where my interest rate would be 1.99% for five years.  They certified my lease car and gave my an extended warranty for one year.  Now my payments are in the mid 400's for five years.  I know everyone talks about credit unions, however sometimes dealers have excellent programs.  I think 1.99% is as low as I could get, when my credit union was offering 4 or 5% with no extended warranty.

 

LaNee

Message 1 of 3
2 REPLIES 2
SDChrgrboy2
Valued Member

Re: 1.99% APR

How long was your lease? You then added 5 more years to what you have already paid? In other words how many years will it be that you are paying on this car?
Message 2 of 3
stagefoursurvivor
Established Contributor

Re: 1.99% APR

Yes, I'd appreciate more details:

When did your lease expire?

Did you pay full residual, or did they offer you a deal?

Do you know your credit score?

Which model and year?

 

My lease is up in June and would buy my E350 if the deal is right

 

Thanx 

11/14/14 Total CL $1,100; 6/30/15 Total CL $180K
Message 3 of 3
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