Mercedes-Benz introduces new financial schemes under Wishbox 2.0

This initiative includes an industry-first 10-year loan tenure, no EMIs for the first three months on standard loans and additional Rs 1 lakh worth of benefits for doctors.

Published On May 25, 2020 06:33:00 PM

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Mercedes-Benz introduces new financial schemes under Wishbox 2.0

Mercedes-Benz India’s Wishbox 2.0 comprises various financial schemes meant to improve buyer sentiment
Includes an industry-first 10-year loan tenure
Wishbox 2.0 available on select Mercedes-Benz models like the C-class, E-class and GLC

Mercedes-Benz India has launched a new set of initiatives that are meant to help improve buyer sentiment. Called Wishbox 2.0, it encompasses a number of financial schemes including (very) long tenure loans, buy-backs and low EMIs. The brand has also announced additional benefits up to Rs 1 lakh for doctors.

The schemes under the new initiative are only applicable on select models from Mercedes-Benz India’s range. These include the C-class and E-class sedans and the GLC SUV.

Under Wishbox 2.0, potential customers can avail an industry-first 10-year loan tenure, which means an EMI of Rs 1,499 per lakh. This includes an option to opt for a guaranteed buy back after five years. In addition, the German luxury brand is also offering standard loans (with tenures ranging from 3-5 years) with no EMIs for the first three months. Finally, there’s also an option that allows buyers to avail low EMIs for the first six months of a loan, with regular EMIs beginning from the seventh month.

Mercedes-Benz has also pledged to donate Rs 15,000 to the PM CARES Fund for each of the first 500 cars that are sold online.

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