Finance your Mercedes

What does the Loan Calculator do?

The Loan Calculator gives you an idea of your buying power when purchasing a Mercedes. Before you use it, you should have a basic idea of how much you’ll need to borrow and what your credit rating is. You can enter these prompts into the calculator, along with your ideal loan term and preferred repayment schedule. 

Based on this information, the calculator will show you an estimated interest rate and repayment sum. You can change the loan term, repayment schedule and credit rating to see how that will affect the estimated interest rate and regular sum. 

These numbers can be a helpful tool in deciding how much you could afford to borrow or help narrow down your options when choosing between the various Mercedes models, from high-performance coupes to full-size crossover SUVs. 

Remember, these figures are estimates only – your financial situation at the time of application will determine the final interest rate you are offered.

Estimating your loan terms with the Loan Calculator

Estimating loan terms for your Mercedes purchase is easy with the Handy Finance Loan Calculator. Simply enter the loan amount, desired loan term, and your credit rating to see an estimate of your potential repayments. You can adjust these inputs to explore different scenarios, ensuring you choose the loan structure that could work best for your budget and financial situation. Whether you’re aiming for a longer term with smaller payments or a shorter term for quicker repayment, the calculator will give you estimates to help make an informed choice.

Fast and flexible finance options for Mercedes cars

Use a Handy Finance Secured Car Loan to purchase a new or used Mercedes car. You can apply for a car loan between $2,001 and $100,000. Choose a loan term of one to seven years, and repay your loan in weekly, fortnightly, or monthly instalments. You also won’t need to pay any monthly or early repayment fees. 

All car loans are secured and come with a fixed interest rate. This means your rate is locked in from the start, allowing you to budget confidently with set weekly, fortnightly, or monthly repayments.

Once you’ve determined if you’re eligible for a car loan with Handy Finance, you can submit your application online. You’ll receive an indicative decision within minutes. If your application is approved, you can expect your funds to settle within 24 hours.

Eligibility criteria for financing your Mercedes

To qualify for financing your Mercedes through Handy Finance, you’ll need to meet a few basic eligibility criteria. These include being at least 18 years old, being an Australian permanent resident or citizen, having a stable income (including self-employed individuals), and having a good credit history. Once you meet these requirements, the next step is applying online, and if approved our team will guide you through the process to help get you on the road with your new Mercedes.

Can I get finance for different car brands with a car loan?

Car loans can be used for a wide range of vehicle brands, depending on the car you plan to purchase and your eligibility. Many borrowers explore finance options based on the brand or model they’re considering before choosing a loan that suits their situation.

For example, you might compare options such as:

• Ford finance options if you’re considering a Ford vehicle
• Mazda finance options when looking at popular everyday models
• Audi car finance for premium vehicles

Some buyers also explore finance tailored to other brands, including:

• Mitsubishi car finance for SUVs and family vehicles
• Nissan car finance for everyday driving and utility vehicles

If you’re considering a Toyota, it can also help to estimate repayments first using the Toyota loan calculator, which gives an indication of what loan repayments might look like based on different amounts and terms.

At Handy Finance, every loan application is assessed individually, so the vehicle, loan amount, and your financial situation will all be considered when determining what options may be available.