Financing a Mercedes-Benz C43 AMG | Car Finance Example
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Mercedes-Benz C43 AMG 2017

REPRESENTATIVE EXAMPLE
On The Road cash price
£28,250.00
Cash deposit
£15,000.00
Total amount of credit
£13,250.00
Term of agreement
42 months
Monthly payment
£173.44
Arrangement fee
£0.00
Option to purchase fee
£10.00
Interest charges
£3,206.62
Total charge for credit
£3,216.62
Fixed rate of interest
8.4%
Representative APR
8.4%
Balloon Payment
£9,345.60
Mercedes-Benz C43 AMG 2017

PURCHASE PRICE:

DATE OF PURCHASE:

TYPE OF FINANCE:

Occupation:

Location:

£28,250.00

26/11/2020

Conditional Sale Agreement

Lettings Manager

Surrey

Many of Fast Car Finance’s clients come to us every time they change their car, which can be as frequently as every 18 months for some enthusiasts!  Now financing his fifth car through Fast Car Finance, this professional buy to let landlord knew that we would be able to secure a great rate for used Mercedes finance through specialist lenders who are comfortable with the large number of loans and mortgages on his credit file, evident as part of his business activities.

Demonstrating proof of income is a key factor for car finance lenders when they are underwriting car finance applications. For a professional landlord, specialist lenders are happy to underwrite a loan if they can see that the client has a good credit rating and can demonstrate that he can meet the mortgage payments and his car loan through the property rental income.

Having arranged car finance for a number of this client’s cars, we knew exactly which lenders to speak to and as we had all his details on file, we were able to arrange Mercedes finance with very little fuss and involvement from our client, who is incredibly busy.

He was delighted that he could enjoy his new, high performance Mercedes Benz and we have no doubt that we will see him again in 18 months time when it’s time for the next change!

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