Mercedes-Benz USA Begging its AMG GT Drivers for Low Interest Loans
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2020 GTA; 2022 Audi e-tron GT, 2022 Ford F-150; 1926 Rolls-Royce Springfield 40/50 Playboy roadster
Mercedes-Benz USA Begging its AMG GT Drivers for Low Interest Loans
Has anyone else received this extraordinary letter, begging me for a low interest loan?
This is almost as pathetic as Tesla's Ponzi scheme in taking "reservations" for the Model X which are years away from fulfillment. Here, however, Mercedes-Benz is paying interest.
This is almost as pathetic as Tesla's Ponzi scheme in taking "reservations" for the Model X which are years away from fulfillment. Here, however, Mercedes-Benz is paying interest.
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2022 AMG SL63
Has anyone else received this extraordinary letter, begging me for a low interest loan?
This is almost as pathetic as Tesla's Ponzi scheme in taking "reservations" for the Model X which are years away from fulfillment. Here, however, Mercedes-Benz is paying interest.
This is almost as pathetic as Tesla's Ponzi scheme in taking "reservations" for the Model X which are years away from fulfillment. Here, however, Mercedes-Benz is paying interest.
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2020 GTA; 2022 Audi e-tron GT, 2022 Ford F-150; 1926 Rolls-Royce Springfield 40/50 Playboy roadster
Now if Mercedes-Benz Financial Services would combine a great purchase or lease deal with a low interest loan, I might be interested. But this is ridiculous.
On the other hand, GMAC became Ally Bank.
(Yes, E55 KEV, not only am I named "Malibu Scott," but I live on "Street Address" in Malibu. I get a lot of mail I can tell you.)
On the other hand, GMAC became Ally Bank.
(Yes, E55 KEV, not only am I named "Malibu Scott," but I live on "Street Address" in Malibu. I get a lot of mail I can tell you.)
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Thats odd.. I got it to and wasn't sure I got it for being affiliated...didnt know customers got it also.. but yea..no interest.
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I think it's really sleazy. I got several and they already know your credit score so they are hocking this risky bet as if they're a bank. Just like their insurance deal with Liberty Mutual which is only an A rated company.
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2020 GTA; 2022 Audi e-tron GT, 2022 Ford F-150; 1926 Rolls-Royce Springfield 40/50 Playboy roadster
If Mercedes-Benz Financial Services defaults on one of these bonds, and the bondholder has a lease or is financing his car with MBFS, can the bondholder offset his bond loss with the obligation he has to MBFS?
Asking for a friend.
Asking for a friend.
#12
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Several years ago I bought FoMoCo credit bonds with a yield of 9%. Nice at the time, until the auto market tanked. I couldn't sell the bonds even at a deep discount and had to wait it out till maturity. Fortunately Alan Mulally (genius) saved Ford with some great financial maneuvering and I got paid.
In the end some people think 2.5% is a good deal. Caveat Emptor!
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