Mercedes-Benz offers 'Wishbox', mobility solutions for its customers in India

Mercedes-Benz India is offering customized financial solutions to its customers called Wishbox to make the brand more accessible. Wishbox consists of five primary packages applicable to specific models across their portfolio in India. The five customized financial solution packages are Key-to-Key Change, 25-25-25-25, Zero down payment, Star Agility+, and Comprehensive insurance, and here we take a closer look at them.

Key-to-Key Change
This plan lets the customer own two Mercedes-Benz cars in a span of four years. It allows for two upgrades for no extra cost. The package is offered on the Mercedes-Benz GLE, GLS and S-Class.

25-25-25-25
This scheme allows the buyer to purchase the Mercedes-Benz product in four instalments. The first instalment is 25 per cent the price of the car and then pay three annual payments of 25 per cent each. The cars included in the offer are Mercedes-Benz GLC, GLE, GLS.

Zero Down Payment
The regular downpayment of the Mercedes-Benz is at 40 per cent of the price. This scheme takes off that hassle and the customer only pays the road-tax to purchase the car/SUV and then the rest of the amount is converted to EMIs for the next 60 months. The Mercedes included in the scheme are Mercedes-Benz CLA, GLA, GLC, GLE, GLS, S-Class.

Star Agility+
The package provides new customers with 40 per cent lesser EMIs which are inclusive of the maintenance, warranty and assured buyback.

Comprehensive insurance
The company offers complimentary insurance programme for two years from purchase.

Martin Schwenk, MD and CEO, Mercedes-Benz India Limited, said, "At Mercedes-Benz, we understand the pulse of the Indian customers and it remains our relentless
endeavour to introduce customized mobility solutions that excites them. We are introducing some industry first mobility solutions with the aim of bringing back the much needed customer confidence by offering them financial flexibility related to their car purchase. With our innovative and smart mobility solutions we address the current market challenges and support our customers with their purchase decision. We are confident that these mobility solutions will find value among the customers and support a positive market development." "We are also steadily pressing ahead with our BS VI transition of the entire portfolio. Till date we are already at a 60% plus transition level and by September 2019 we will be at 80% level. We are confident of completing our entire portfolio to BS VI ahead of the mandated timeline of April, 2020." Schwenk added.

Also, the company claims that it has successfully made a 60 per cent transition to BSVI and it will be at 60 per cent by September 2019.

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