European Delivery of Your New Car Discuss the process and issues associated with European Delivery for non-Euro members.

Financing terms in general for ED

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Old 02-24-2018, 07:39 PM
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Financing terms in general for ED

Due to the timing of ED, ordering and waiting for delivery. What is the general rule for financing and leasing in general?

I am picking up in late April, but no financing terms are in place. Any help is appreciated. I have excellent credit. I would like to use credit card on down payment (as much as possible for obvious reasons). Also what is the best way to get lowest interest rate? I have financed with BMW many times and they are super easy, even getting lower than advertised. Is Mercedes Finance similar?

Last edited by openwheelracing; 02-24-2018 at 07:44 PM.
Old 02-25-2018, 06:09 PM
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2018 E400 Coupe
I purchased and I financed through my Credit union and put the max down I could on a CC as well. The financial institution you use will need the VIN before they will approve the loan and in my case this occurred about 3 weeks prior to the one month deadline they give you to have the car paid for before pick up. My rate was 1.74% (initially 1.99% but they give .25% for automatic payments) so almost like free money.
Old 02-26-2018, 03:05 PM
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Thank you for the clarification. It makes sense. Would you mind sharing who your CU is?
Old 02-26-2018, 03:09 PM
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2018 E400 Coupe
Sure,

National Institutes of Health
Federal Credit Union (NIHFCU). I'm actually leaving in 2 days from my trip, picking up my car on 6 March. I'm very much looking forward to the trip and getting the car in its 'homeland".

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