Are you looking to get an auto loan? If so, why not go straight for the car of your dreams? Get yourself a Mercedes-Benz.
Time and time again, Mercedes vehicles have proven themselves as great investments. So if you want to get more bang for your buck, this should sit on top of your list when shopping around for a car.
Here are six good reasons why you should get a Mercedes for your auto loan:
1. The Name has Withstood the Test of Time
Mercedes-Benz traces its long history to being the pioneer of internal combustion engines and the invention of the first modern automobile, the Benz-Patent Motorwagen. At present, the company continues to make a name for itself by landing 8th in the Best Global Brands 2018 determined by the U.S. brand consulting company Interbrand, and its value has grown steadily reaching 48.6 billion last year.
2. Beautiful Cars
Mercedes is known for its luxurious and stylish cars. The products continue to evolve over time in order to appeal to both old and young customers. Save for the boxy G-Class, the brand is shifting to a new design philosophy for its vehicles that features sculpted surfaces with less creases. These offer cleaner and smoother look for its autos. The exterior is also complemented by the posh interior of its cars that’s highlighted by lush leather surfaces, touchscreen controls and chrome accents.
Mercedes continues to remain relevant throughout the years because of its ability to adapt new technologies and improve on what it has so far. New cars are now equipped with the MBUX infotainment system that has voice command and gesture control functions. Other than that, advancements are being introduced constantly to its units to improve their performance, comfort, and safety.
4. Safety is the Priority
Mercedes takes the adage “prevention is better than cure” seriously. The latest cars of the company are equipped with driving assistance systems that do not only protect the driver and the passengers, but they also help reduce the risk of accidents to other vehicles and pedestrians. Among the notable tech of the brand that caters to safety are Pre-Safe with Pedestrian Detection, Distronic Plus, BAS Plus with Cross-Traffic Assist, and Multibeam system.
5. High Resale Value
Cars have a quick depreciation starting from the time they are driven away from the showroom. It dips as much as 10% upon checkout and another 10% on the first year of ownership. The resale price of ordinary cars go down by 50%-60% in five years, but luxury cars only depreciate by 40% during this period. However, Kelly Blue Book praises Mercedes, particularly the E-Class, for its high resale value because of its tons of amazing features from its design, performance, safety, and comfort.
Buying a Mercedes car is no joke because of its price. However, if you will be able to fulfil your payment obligations on time, this will really help boost your credit score. This will be a nice addition to your credit history.