Mercedes-Benz is to offer a new PCP financing solution – called Agility – to customers in China.
The company says it is the first premium brand in China to offer leasing with a return option – along the lines of Personal Contract Purchase (PCP) schemes in Western markets.
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Mercedes says that Agility gives Chinese customers greater flexibility by offering three options at the end of their contract: purchase, trade or return.
The new service will also offer monthly payment options and Mercedes hopes it will expand its customer base.
“Agility was one more milestone for Mercedes-Benz’s long-term roadmap in increasing the accessibility of its products to both private and commercial customers in China,” said Alexandre Mallmann, president and CEO of Mercedes-Benz Auto Finance Ltd, quoted in The China Daily.
