Mercedes Benz Charterway

Mercedes Advance

Mercedes Advance
Mercedes Advance is based on hire purchase but gives you even greater flexibility.

You can make additional payments into your financial agreement to reduce your monthly payment. Should you choose a final 'balloon' payment, any additional payments you make will reduce your 'balloon' payment accordingly.

You can pay in any amount up to the outstanding balance. Monthly payments are then automatically recalculated based on your new balance. You can then make any additional payments or even withdrawals by telephone.

Benefits for your business:

  • Control over cashflow
  • Fixed or variable rates of interest
  • Ownership of vehicle
  • Option to pay in and withdraw funds
  • Reduce monthly payments by choosing final `balloon` payment
  • No interest penalty for early settlement
(Mercedes Advance is not available on regulated contracts)