The main difference lies in its service object, application process, interest rate and loan amount.
1. Customer: Mercedes-Benz financial loans are mainly aimed at consumers who buy Mercedes-Benz cars, while bank loans are suitable for a wider range of consumption scenarios, such as house purchase, decoration and tourism.
2. Application process: Mercedes-Benz financial loans are generally handled at authorized dealers of Mercedes-Benz, and the application process is relatively simple and the approval speed is relatively fast. However, bank loans need to be submitted to bank outlets or online platforms, and there are many materials and materials to be provided, and the approval time is also long.
3. Interest rate: The interest rate of Mercedes-Benz financial loans is relatively low, but it will be adjusted according to personal credit records, repayment ability and other factors, while the interest rate of bank loans is generally high, sometimes affected by market interest rates and other factors.
4. Loan amount: The amount of Mercedes-Benz financial loan is generally related to the type and price of the car purchased, and generally does not exceed 80% of the car price, while the amount of bank loan is relatively flexible and can be determined according to the specific needs and credit status of the borrower.
What information do you need for Mercedes-Benz loan?
Personal loan application;
Two, I and my spouse's valid identification;
Three, I and my spouse's occupation, position and income certificate;
Four, marriage certificate (unmarried proof is required, except the legal age of marriage) and household registration book;
5. Original ID card, residence booklet or other valid proof of residence, and provide a copy;
6 car purchase agreement, contract or letter of intent signed with the dealer;
7. Proof that the deposit has been destroyed, disguised as currency or the down payment has been paid;
Eight, the documents or materials required for the guarantee;
9. Other documents required by the cooperative organization.
Extended data
Loan plan
1, bank car loan: many models, flexible repayment time.
Loans to Yin Yin Rolling Bank include direct customers, that is, individuals take the initiative to apply for loans from banks, which belong to personal consumption loans; The other is indirect, that is, car buyers choose banks that cooperate with 4S stores to apply for loans, which can generally be carried out by car loans or credit card installment loans.
2. Buying a car by installment with a credit card: The procedure is simple and there is basically no guarantee. At present, buying a car by installment with a credit card has become one of the important channels of car loan. The most obvious advantage of credit card car loan lies in its fast approval and relatively simple procedures. If consumers use credit card loans to buy a car, they only need to have a credit card with a good credit record within the validity period, provide their ID card and apply to the card bank for car purchase by installments.