Is a security deposit
needed if I decide to lease a Mercedes-Benz?
It's not required. However, Mercedes-Benz Financial Services does offer
a Multiple Security Deposit program which allows you to lower your
monthly payments by including up to 1 refundable security deposit
in your lease (not available in all states).
Why is the payment
quoted by the Mercedes-Benz Dealer different than the one quoted
by the estimator?
The estimator uses MSRP as the selling price and doesn't
include taxes. The Mercedes-Benz Dealer may or may not sell the
car for MSRP and may use a different rate. Payments quoted on the
estimator are for sample purposes only.
Use these guidelines to gauge your general credit worthiness.
EXCELLENT: Credit history reflects no past due payments. Low
to moderate credit card debt. No derogatory credit history.
VERY GOOD: Credit history reflects few past due credit card
payments and no past due installment payments within the last two
years. Recent payment history reflects current obligations being
paid as agreed. Moderate to high credit card debt. No recent
derogatory credit history.
FAIR: Credit history reflects some past due payments within
the past two years. Current obligations being paid as agreed.
Moderate to high credit card debt. No recent derogatory credit
MARGINAL: Credit history reflects several past due payments
within the past two years. Current obligations being paid as
agreed. Moderate to high credit card debt. Some recent derogatory
NOTE: These descriptions are
for illustrative purposes only; actual credit scoring determined
during the application process.