Compare Mercedes-Benz car loans and financing options

Mercedes-Benz is a prestige car manufacturer from Germany, with a history dating back to the earliest days of motoring. The brand has a reputation for quality and durability, and in recent years has been taking steps towards producing more environmentally-friendly vehicles.

Mercedes-Benz offers a range of passenger cars and other vehicles, including trucks, vans, utes and even buses. With Mercedes-Benz dealerships located across Australia’s major cities, comparing luxury vehicles can be made simple.

Mercedes-Benz is known for its range of premium luxury vehicles in all shapes and sizes. Luxury features in Mercedes-Benz vehicles provide drivers and passengers with comfort and style, as well as reliable driving performance and improved safety. Some models have added electric hybrid engines for greater efficiency and greener driving.

In addition to these luxury features, some of the newest Mercedes-Benz models also include smart features such as voice commands, for a more connected driving experience.

Prices for Mercedes-Benz vehicles tend to be on the higher side. The most affordable Mercedes-Benz models start in the mid-range of Australian car prices, while the premium models are priced for their exclusivity.

Vehicles in the Mercedes-Benz range include:

• A class, available in hatchback and sedan, from $48,866 – A high-tech vehicle with a smart multimedia system.
• B class hatchback from $52,536 – A tourer with a sporty design.
• C class, available in sedan, estate, coupe and cabriolet, from $70,998 – A dynamic series of vehicles.
• E class, available in sedan, coupe and cabriolet, from $104,495 – A powerful and stylish design.
• G class SUV from $272,597 – A powerful and exclusive off-road vehicle.
• S class, available in saloon, coupe and cabriolet, from $216,094 – The “special” class, with new developments in performance, intelligence and luxury.
• V class multi-purpose vehicle from $90,099 – A light van for luxury family travel.
• X class ute from $59,042 – A rugged all-purpose vehicle.

Vehicle information and pricing last updated in February 2019

With Mercedes-Benz prices tending to be on the higher side, a car loan may be necessary to drive away in luxury. As well as looking at Mercedes-Benz dealer finance including the brand's own Mercedes-Benz Financial Services (MBFS), there are a variety of different Mercedes-Benz finance options available, which you can quickly look at side by side with the help of a comparison table, like the one on this page.

Your car loan provider will work out how much you can borrow based on your ability to repay the loan. If you borrow more than the value of your Mercedes Benz, you can pay for insurance and other expenses, though you may pay more in total over the long term.

Choosing a secured car loan could mean a lower interest rate, though you may lose the car if you don’t keep up with the repayments. Choosing an unsecured car loan may offer more flexibility, though the interest rates may be higher.

In addition to the interest rate, it's important to also consider any fees charged and features offered on your preferred loan product.

There are a number of different options on the market when it comes to Mercedes-Benz finance, each of which meet specific requirements. Here are some of the different ways you might consider financing your new car:

• Unsecured Car Loans: car finance where you don’t provide collateral
• Secured Car Loans: car finance where you do provide collateral, usually the car you are purchasing
• Chattel Mortgage: a specialist car finance option specifically for business finance use
• Operating Lease: more like a long-term car rental arrangement, involving a company leasing a car for an extended period
• Commercial Hire Purchase: closer to a rent-to-buy arrangement, generally involving a finance company buying a car on your behalf and letting you use it in return for regular rental payments. After a number of payments, you may own the car
• Car Finance Lease: similar to a commercial hire purchase, but with more options. You rent the vehicle for a set period and at the end of the lease, you either return the car or buy it
• Novated Lease: like a car lease, but with a more complicated ownership structure, as you acquire the car from a second party (usually an employer) which in turn leases it from a third party (a finance company)
• Balloon Payment Car Loans: refers to a one-off lump sum that you agree to pay your lender at the end of your car loan’s term. Because this payment can account for a significant chunk of your car loan’s balance (the exact percentage will depend on your lender, and the age and type of your vehicle), your remaining car loan repayments can be reduced as a result.

Once you have an idea of how much your new Mercedes might cost you, you can use RateCity's car loan calculator to get a repayment estimate, and determine whether it will fit comfortably within your budget. Our calculator can tell how how much your weekly, fortnightly or monthly repayments might be, depending on your preferred loan amount, interest rate, loan term and credit score. It can also calculate how much interest you may be charged over the life of the loan, as well as the total cost of the loan.

Before submitting a car loan application, consider checking the lending criteria and reading the product disclosure statement (PDS) of your preferred loan product including any disclaimers that may be listed.

You could also reach out to a car loan broker for personal advice and information specific to your financial situation.