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Personal contract purchase (PCP), often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, similar to both personal contract hire and a traditional hire purchase (buying on installments). Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly ...
Mercedes-Benz Mobility AG (formerly Daimler Financial Services and Daimler Mobility) is the global financial and mobility services provider of the Mercedes-Benz Group. [1] The company finances, leases and insures Daimler Group passenger cars and commercial vehicles, optimizes fleets of commercial customers and offers banking and credit/debit ...
The Mercedes-Benz W126 is a series of passenger cars made by Daimler-Benz AG. It was marketed as the second generation of the Mercedes-Benz S-Class, and manufactured in sedan/saloon (1979–1991) as well as coupé (1981–1990) models, succeeding the company's W116 range. Mercedes-Benz introduced the 2-door C126 coupé model, marketed as the ...
For the figures above, the loan payment formula would look like: 0.06 divided by 12 = 0.005. 0.005 x $20,000 = $100. In this example, you’d pay $100 in interest in the first month. As you ...
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash ...
Website. group.mercedes-benz.com. Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers.
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