Published on March 24th, 2022 | by Subhash Nair0
Mercedes-Benz EQA Step Up Agility Financing
Need an easy way into your first electric Benz? Step Up Agility Financing Might be the answer.
Having launched their first ever electric vehicle for under RM280K, Mercedes-Benz Malaysia now has prepared a way for more customers to afford the EQA. They’re offering Step Up Agility Finance for the new EQA 250 through Mercedes-Benz Financial Services.
There are two 5-year Step Up Financing plans for the EQA 250. The first steps up payment rates after the 2nd year, the second one steps up payment rates more progressively – once after the 1st year and once more after the 2nd year. Here are the plans visualised:
A larger down payment will reduce the instalment payments. Customers can also opt for additional insurance coverage and service maintenance.
At the end of the 5 year loan, customers may refinance, return (with Guaranteed Future Value), or keep the vehicle.
Alternatively, without a deposit, the Lease&Go option puts you in an EQA 250 for RM5,392 a month with Mobility Plus and insurance covered.
Here’s the press release with more.
Mercedes-Benz Financial announces Step Up Agility Finance for the newly launched EQA 250 in Malaysia With the highly successful launch of the all-new all-electric EQA 250, Mercedes-Benz Financial today announces the Step Up Agility Financing program to further encourage the nation’s EV adoption. Designed with customers in mind, the financial package enables customers to have regular fixed monthly instalments over a set period, perfectly tailored for individuals who seek luxury, value, unrivalled benefits, and above all, peace of mind behind the wheel.
For the EQA 250, there are two 5-year Step Up Financing plans available. The first option is the initial monthly instalments of RM2,288* for the first two years followed by RM4,148* for the third to fifth year of tenure. The second option is RM2,288* for the first year, followed by RM2,688* for the second year and
RM3,994* for the third to fifth year of tenure.
Customers may also adjust their down payments to further reduce their instalments as well as opt for additional insurance coverage and service maintenance. With the Guaranteed Future Value, customer may opt to refinance, return, or keep the vehicle at the end of the tenure. Mercedes-Benz will buy the car back at a predetermined price if customers opt for return.
In addition to the Step Up Agility Financing, with Mobility Plus, customers will be entitled to a replacement car not more than four years old with free drop off and pick up within 24 hours of approval for convenience.
There is also the option to Lease&Go where customers can lease the EQA 250 from four years and below, starting from RM5,392* monthly instalments. The leasing option has zero down payment, zero depreciation and disposal risk, Mobility Plus as well as motor insurance and road tax.
The EQA comes with the standard 4 years unlimited Mercedes-Benz Warranty. While for the high-voltage battery, the warranty is 8 years or 160,000km, whichever comes first. Customers who opt to have the wallbox installed will receive 2 years warranty by the manufacturer.