Mercedes-Benz Financing FAQs & Advice in Illinois

Your credit score and credit history play a crucial role in determining your interest rate, as it indicates your previous behavior with credit transactions. Typically, those with a high credit score will get lower interest rates, as they're seen as more dependable borrowers.

Making a large down payment can work in your favor, as it decreases the principal loan amount, potentially leading to smaller monthly repayments or favorable loan terms. A significant down payment can also help clients with average credit scores, showing a serious financial commitment toward the vehicle purchase.

To get pre-approved, you’ll need to fill out an online car finance application. Our experienced team will assess your information and discuss with you the most suitable pre-approval options, specifically tailored to your financial situation and vehicle preferences.

Yes! Trading in your existing vehicle can cut down the total cost of a new Mercedes-Benz SUV, coupe or sedan. Your trade-in value will be applied to the price of your new purchase, helping you to get lower monthly payments or better loan terms.