Agility+ by Mercedes-Benz Financial Malaysia – Hear why customers prefer it over traditional car loans
For many people, buying a new car often involves taking out a loan that “ties” them down for a few years without any additional benefits other than being able to drive the car they buy as long as they make the monthly payments.
While the installment purchase agreement is simple and straightforward, it is not without its drawbacks. In addition to being locked into a fixed term that determines the monthly installments, buyers may also be faced with the possibility of their car not achieving its desired value if they decide to sell it at the end of the loan term.
To overcome these disadvantages, Mercedes-Benz Financial Services offers customers the Agility+ option, an innovative payment plan designed to provide maximum flexibility and convenience.
With Agility+, you get a lower, more affordable monthly payment structure when compared to a traditional bank loan. This is possible because unlike a regular bank loan where you pay for the car in full, the Agility+ plan allows you to choose the term and mileage you want, meaning you only pay for what you plan to use.
“As I go and read a little more [about Agility+]“Compared to a regular package (car loan installments), Agility+ actually saves a little bit,” said Kent, a customer who used Agility+ to finance a Mercedes-Benz EQS.
This “pay only for what you use” approach gives you flexibility if you’re not the type of person who drives frequently but enjoys driving a Mercedes-Benz when you do. This was the case for Sharon Arulandu, another customer who chose Agility+ for her GLC because of her low mileage.
Alternatively, you may be someone who wants to try something different after a certain number of years. The Agility+ package is also designed specifically for this purpose as it incorporates something called Guaranteed Future Value. Included in your payment plan, Guaranteed Future Value protects you against depreciation, which is one of the many factors outside of our control when determining a vehicle’s resale value.
At the end of your term, you’ll be given a number of options on how to exit your Agility+ plan. For starters, you can Pay the residual value of the car and own it outright. Alternatively, you can even sell the car yourself and pocket the difference if you get a good offer for it that’s even higher than the Guaranteed Future Value.
The second option is to Extend your repayment plan to cover the remaining value over the next few years. Meanwhile, the third option is to Return the car to Mercedes-Benz with no further obligations, leaving you free to upgrade to a newer Mercedes-Benz model every three to five years if you want.
Speaking about her experience, Sharon recalls, “Mercedes-Benz contacted me to see what my options were if I was going to renew the car, and they said I could renew, find an outside buyer, or return the car. So I had a few months to make a decision, and I decided to go ahead and find an outside buyer. I was able to sell my car outside in time to replace it with the new Agility+ program and a new GLC.”
The financial benefits are just part of the Agility+ experience, as you also get two service plans to cover scheduled services as well as MobilityPlus, which guarantees a replacement vehicle if your Mercedes-Benz needs to be in a service centre for more than 48 hours. For business owners like Too Jia Feong, who uses his Mercedes-Benz for socialising, the peace of mind that he can travel with Agility+ is a relief.
Agility+ is a unique way to own and experience a Mercedes-Benz, offering a package that is not only feature-rich but also flexible and has a lower, more affordable monthly payment structure that fits your budget. Great. worth checking out If you are tired of the constraints of traditional auto loans.
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