Mercedes-Benz Financial Services on commercial vehicles doubles

Mercedes-Benz has reported record levels in financing, having now doubled the amount of cars and trucks financed since 2009.  It has been reported that one out of every three Mercedes-Benz commercial vehicles and even 50% of Mercedes-Benz tractors are in fact financed by Mercedes-Benz Financial Services (MBFS).

Upon further inspection, it was suggested that this success was as a result of the one-stop-approach employed by MBFS, with claims that they can supply credit to 80% of their customers applying for funding.  The availability of such credit is significant, given the tough economic market, with Mercedes-Benz able to provide competitive rates due to its independence and difference from traditional high street lenders.

Also known as CharterWay, Mercedes-Benz Financial Services offers dedicated Client Service Managers.  As the only finance company to offer this, free of charge, to any customers with five or more commercial vehicles on Contract Hire, the Managers are experienced professionals in the commercial vehicle industry with a technical background and understanding of the day-to-day issues which confront operators.  Their experience and dedicated services help provide a complete customer relationship management service.

The Director of Commercial Vehicles and Direct Sales at Mercedes-Benz Financial Services acknowledged that their customer base was growing in light of being able to provide funding where others cannot, and commented on how pleased they were to be supporting UK businesses in such difficult financial times.  The Director, Alex Matthews, expects an exciting 2012 with the development of some new pricing options available across the Mercedes-Benz van range, which should be highly affordable and appeal to most customers.