Under the new program, qualified customers may select an 8.75% rate or a 7.99% rate for a maximum finance term of 60 months. For customers choosing the 8.75% rate, Freightliner LLC will pay $100 on each of their first 12 payments to help offset higher fuel prices or other expenses in the first year of ownership.
The rates apply to selected new 2000 and 2001 premium Class 8 tractors in Freightliner Trucks, Sterling and Western Star dealer inventory as of February 28, 2001. The rates are available for stock units in dealer inventory and only apply to vehicles financed by qualified customers through Mercedes-Benz Credit Corporation. The rate applies to the base unit -- other amounts financed will be at prevailing rates and will result in a blended buyer rate.
"With rates significantly below the industry average, this new program presents a great opportunity for qualified customers to purchase a new Freightliner, Sterling or Western Star truck," said Klaus Entenmann, Vice President, Commercial Vehicles, Mercedes-Benz Credit Corporation.
Freightliner LLC and MBCC have also announced a special rate for vocational operators. Qualified customers purchasing vocational trucks may select a 7.75% rate or a 6.99% rate for a maximum finance term of 60 months. For customers choosing the 7.75% rate, Freightliner LLC will pay $100 on each of their first 12 payments.
The rates apply to selected new 2000 and 2001 non-sleeper Class 8 trucks with vocational specifications in Freightliner Trucks, Sterling and Western Star dealer inventory as of February 28, 2001. The rates are available for stock units in dealer inventory. The program also is only available for vehicles financed by qualified customers through Mercedes-Benz Credit Corporation. The rate applies to the base chassis—other amounts financed will be at prevailing rates and will result in a blended buyer rate.
The new finance program runs through August 31, 2001.