Own a Mercedes-Benz easily with Wishbox

Leading luxury car manufacturer Mercedes-Benz today introduced a host of innovative mobility solutions for aspiring customers named ‘Wishbox’. These offers are meant to encourage customers and financially empower them. The company aims to increase customer traction in the market with Wishbox.

Key benefits of ‘Wishbox’ mobility solutions:

• Key to Key change: It is a unique offering, which allows customers to own two Mercedes-Benz cars in a span of 4 years. Applicable on GLE and GLS SUVs, this offer allows two upgrades at no extra cost and the customer always gets to own the latest product offering
• 25-25-25-25: This scheme allows a customer to own a Mercedes-Benz car without having to worry about the down payment and the immediate commencement of EMIs. The customer makes a down payment of 25pc of the value of the car and then pays three annual payments of 25pc each.
• Zero Down Payment: It is aimed at benefitting the customers by addressing the challenge of a high entry barrier by significantly reducing the down payment, as a regular down payment goes up to 40% including margin, tax and insurance. The customer here pays only the road tax and enjoys EMI at a low interest rate for 60 months.
• Star Agility+: Under this offer customers can get up to 40pc lower EMI costs, which are inclusive of maintenance, warranty and assured buyback. As an example, customers opting for a C-Class with 3 years loan tenure, the standard loan EMI would be Rs. 1,35,000 (without maintenance). Under the new Star Agility+ program, the EMI will be Rs. 82,000 including maintenance, allowing customers to save Rs. 53,000 each month.
• Comprehensive Insurance: Additionally, customers will be offered complimentary two years insurance program which provides benefit of minimal cost, leading to low equity requirement from customers and higher perceived value.

Martin Schwenk, MD & CEO, Mercedes-Benz India Limited, said, “At Mercedes-Benz, we understand the pulse of the Indian customers and it remains our relentless endeavour to introduce customized mobility solutions that excites them. We are introducing some industry first mobility solutions with the aim of bringing back the much needed customer confidence by offering them financial flexibility related to their car purchase. With our innovative and smart mobility solutions we address the current market challenges and support our customers with their purchase decision. We are confident that these mobility solutions will find value among the customers and support a positive market development.”

“We are also steadily pressing ahead with our BS VI transition of the entire portfolio. Till date we are already at a 60% plus transition level and by September 2019 we will be at 80% level. We are confident of completing our entire portfolio to BS VI ahead of the mandated timeline of April, 2020.” Schwenk added.