Buying Motor Insurance from Mercedes Finance
If you’ve bought a fantastic car like a Mercedes then you need to make sure that you have a superb insurance deal which covers you for anything that can go wrong and leave you out of pocket. Mercedes offers amazing cover as a standard deal so you don’t have to look far. Mercedes insurance is recognised by Defaqto the motor insurance watch dog and has been given 5 stars in recent ratings which is the top in the class.
What I also liked was that you get everything in the policy that you need as a Mercedes owner they have actually covered all bases. What you will find if you have purchased a new Mercedes car with one of Mercedes Finance deals that are available then you will need to take out fully comprehensive motor insurance cover for the whole of the time you are in the finance deal. Now this is a bit of a no brainer as, I ask myself, who really buys a Mercedes and only takes out Third Party Fire and Theft insurance?
What’s good about Mercedes Finance Insurance Cover
To be honest much of the cover is what you would find available with any good Motor Insurance provider. For example they include the standard all day every day UK accident recovery which will take you to the nearest dealer to you at the current time. No claims bonus can be covered so that you don’t lose it if you are involved in an accident. There is also a standard cover if you are visiting Europe and this gives you 180 days of cover which is really generous.
However for me, it was the little things that were the biggest pull with Mercedes finance, like the guarantee that should you be involved in an accident then all your car repairs will be carried out by Mercedes and using all authentic Mercedes top quality parts. Moreover, I was astonished to find that the in-car audio equipment had unlimited cover as long as it had been fitted at production or at a dealer. This is very generous as the Mercedes has superb quality in car entertainment which is worth a bit.
Financing My Dreams with Ferrari Finance
Ferrari make the claim that they can Finance your Dreams and I can certainly say that I agree totally with that statement. Why? Because I now drive around in my lovely Ferrari GT with it all covered with the help of Ferrari Finance. I know you are asking how? So I’ll tell you all about their new deal which is taking the auto market with a storm.
The program is called the Premium Ownership Program and it leads you through the process of buying a brand new car with a Cavallion badge. This new deal was really created to help with the purchasing of the ferrari GT models and it is so good I personally think it will help with the sales of these models too. So what is new about this? Well this program has all the routine stuff the standard finance deals but it also offers extra services which are geared towards the ferrari cars.
What’s in the Ferrari Finance New Deal
First up ferrari finance has linked up with a top broker and one of the major insurance companies to make sure that they secure you the best price for your Ferrari should you want to sell. There is also a great maintenance and service plan which makes sure that all your services and any maintenance is undertaken by top Ferrari Mechanics and Engineers who provide certificates for any work undertaken.
Ferrari have also thought about you as the new owner and what you would like. They have included in the programme a series of driving courses to help you get the most out of your new car with Ferarri Finance and these are geared to all the models. An added bonus is also what they call the Maranello experience which as it says on the tin is truly an amazing experience taking you to the Ferrari top factory so you can see them being made.
They have even set up an online site where you can view all your contracts and documentation relating to you purchase. This includes all the information you would require about your car and also a comprehensive question and answers section.
McLaren Finance a New Department
When you think of McLaren naturally what springs to mind is the glamorous world of F1 sport with characters such as Nico Rosberg and Jenson Button tearing around the Grand Prix tracks of Abu Dhabi, Japan and even Monnaco. However McLaren are not happy with just hold that image in our thoughts and they are indeed branching out. They have launched their first ever financial services department. What does this mean? It means that the purchasing of McLaren supercars is now not limited to the wealthy upper classes but the market is now within the reach of the general sports and classic car enthusiasts.
McLaren finance haven’t stopped there either because they have set up their first purchase program with their latest 570 Coupe which is now available for as little as £995 per month. However don’t forget you will need an additional 40 grand deposit and there will be a final payment of just £90,000 to consider.
Is McLaren Finance worth it?
So you may ask how much is this McLaren really going to add up to. Well it is actually priced up at £144,000 but with a McLaren Finance package with just under 8% interest you will find that a 36 month contract you will end up paying £166,000. I have to say the Apr rate under 8% is really competitive when you look at other financial deals. Not a bad little earner for McLaren Finance you may say. However they have partnered up with a finance company so they don’t really make a £20,000 clean up on your purchase.
McLaren have made a few rules though and these include an annual mileage of not more that 10,000 miles which on the whole is not that bad as you would really be driving a McLaren 570 that many miles. However just in case you should you decide to do route 66 with your McLaren then you need to be aware that they will charge you 55p per mile for the first 5,000 miles over the 10,000 and a whopping £1.10 after that. If you add it all up you could end up paying over £5,000 for the 7,000 extra miles and that’s before you’ve put in the fuel.
If you are interested in this new deal then you will find out all you need to know from one of the UKs 5 McLaren dealers.