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Finance and Leasing Options

What are my financing options?

 

Choosing a way to finance your new or used vehicle can be a daunting decision as there are so many options to choose from. At Hughes we are here to help and to hopefully make your buying experience as stress-free as possible.  

 

Mercedes-Benz Agility

Benefits of Agility include:

•    Flexible deposit and repayment period
•    By including Optional Purchase Payment, which equals the guaranteed future value of your vehicle, we can reduce your monthly payments
•    The future value risk is underwritten by Mercedes-Benz
•    Loans are not secured on your home
•    Fixed interest rate and payments throughout the life of the agreement
•    Defer your ownership agreement until the end of the period, then choose one of 3 options
o    Option 1: Purchase your Mercedes-Benz
o    Option 2: Hand back your Mercedes-Benz
o    Option 3: Purchase and part-exchange your Mercedes-Benz for a brand new one

 

Mercedes-Benz Hire Purchase

Suits anyone wishing to retain the vehicle for a long or indefinite period of time.
Benefits of Hire Purchase include:

•    At the end of the agreement, the vehicle is yours
•    Flexible deposit and repayment period
•    Loans are not secured on your home
•    Fixed interest rate and payments throughout the life of the agreement

 

Mercedes-Benz Personal Lease

Suits individuals opting out of a company car scheme or those wishing to lease a vehicle for a fixed monthly payment before returning it.
Benefits of Personal Lease include:

•    By including a guaranteed residual value, your monthly rentals are reduced
•    There is no large initial deposit
•    Fixed monthly rentals that fit your budget and protect you from unexpected bills
•    Possibility to extend the hire in some instances
•    For further peace of mind, add a Mercedes-Benz Service Care Plan
•    Simply hand back at the end of your agreement (subject to charges for excess mileage and damage)