Mercedes-Benz Extends Low Auto Loan Rates Through October

Mercedes-Benz continues its 1.9 percent auto loan financing up to 36 months on most of its 2011 vehicles through October. This month though, Mercedes-Benz has extended the 1.9 percent car loan rate up to 66 months on the M-Class SUV and CLS-Class Coupe.

Mercedes’ 1.9 percent, 36-month auto loan rate incentive is very similar to rival BMW’s October deal. BMW edges out Mercedes a little by offering 0.9 percent auto loans for 36 months. Remember that both automakers’ 36-month auto loan incentives will have high monthly payments, even though the car loan rates are low.

Mercedes-Benz ML350

The 2011 ML350 SUV has 1.9 percent auto loan financing for 66 months in October.

Mercedes-Benz is also offering leases for 27, 36 and 39 months on most 2011 models and 2010 S-Class vehicles in October. Monthly lease payments range from $349 to $1,349. You’ll need anywhere from $3,141 to $7,143 at lease signing.

Mercedes-Benz’s smart brand is offering a few 36-month lease incentives in October on its micro car, the fortwo.

Smart’s 2010 pure chrome yellow special edition can be leased for $179 a month with $2,561 due at signing. The 2010 passion coupe is $189 a month with $2,509 at lease signing. For $249 a month, October shoppers can lease the 2010 passion cabriolet with $2,799 due at signing.

Incentives listed are for the southeast region. They may differ depending on where you live. Check Mercedes-Benz and smart’s sites to find the incentives in your area.