Mercedes-Benz cars to soon cost more
The hiked prices will come into effect in the first week of next month.
Eyeing to buy a new Mercedes-Benz? Here’s a tip – place your booking before the end of the month. The reason is simple – in the first week of October 2020, the German carmaker will hike prices of select models. Which models in specific? That’s not mentioned. By how much? By up to 2 per cent.
What’s the reason? Several, actually. But mainly, there are two – the weakening currency since the beginning of the year, and the increase in input costs. Mercedes-Benz India’s head honcho, Martin Schwenk, said:
“To offset these costs and drive a sustainable business, we have few options but to make some nominal yet necessary price adjustments. We as a customer-centric brand will be absorbing most of the impact, however passing on a portion of it up to 2%, seems inevitable.”
So, are there any offers running at the moment? For buying a new car, the company has been offering customised financial solutions ever since India started to slowly loosen its grip on the mandatory lockdown. For instance, one can purchase a brand-new C-Class with an EMI starting at Rs 39,999 (~USD 550), at 7.99 per cent rate of interest (ROI). Another option is to buy an E-Class at the same ROI, but with an EMI starting at Rs 49,999 (~USD 680). Those who want a GLC can get it with an EMI as low as Rs 44,444 (~USD 600), at 7.99 per cent ROI. All three options also come with free first-year insurance.
Mercedes-Benz @ Auto Expo 2020
Just to make the whole deal a bit sweeter, Mercedes-Benz also offers some add-ons. Under STAR finance schemes, customers can pay to 40 per cent lower EMIs than regular financial packages. Apart from that, there are options to extend the warranty beyond the standard package.
Earlier this month, Mercedes-Benz started accepting bookings for the AM GLE 53 4MATIC+ Coupe. The go-fast crossover will launch on September 23, 2020. Post that, the company will introduce more new products in India, including the all-electric EQC, the new GLA and the A-Class Limousine.