Mercedes-Benz Financial Services (MBFS) is proud to continue our Rising Star Program. There are four distinct paths to assist customers who have minimal credit histories with the purchase or lease of a Mercedes-Benz or smart vehicle:
- First Time Buyer (New & Pre-owned) - A great option for those with limited credit who do not require a high amount of finance.
- Student - For those local & international students needing a path toward approval.
- College Graduate - Geared toward those with a degree, no car credit and now progressing in their career.
- Military - Geared toward those currently serving U.S. Military, Reserve, or National Guard and no car credit.
| Rising Star Program | |||||
| Elements | First Time Buyer New/Pre-Owned | Student | College Grad | Military | |
| Vehicles | MB/smart | MB/smart | MB/smart | MB/smart | |
| Product | Lease*/Retail | Lease/Retail | Lease/Retail | Lease/Retail | |
| Term Limit | No | Yes** | No | No | |
| Amount Financed/Max Cap | $30k | $50k | $50k | $50k | |
| Down Payment Required | No | 20% | No | No | |
| Security Deposit | No | 10%*** | No | No | |
| Proof of Income | Yes | Yes | Yes | Yes | |
| Student/Graduate Status | No | Yes | Yes | No | |
| Reference Required | Yes | Yes | No | No | |
| Proof of Residency | Yes | Yes | No | No | |
| 24.mo. Clean Credit History Required**** | Yes | No | Yes | No | |
| Payment to Income Not to Exceed 20% of Gross Monthly Income | No | No | No | Yes | |
| In cases of applicants with non-US status, a copy of the SSN card may be required | |||||
*Lease applies to First Time Buyer program for New cars only
**Term cannot exceed Student Visa (if applicable), or appropriate F1 Visa and I-20 documentation
***Security Deposit not applicable in NY. Down payment requirement in NY 25%
****No collection accounts, credit lines must not exceed credit limits
*****For members of the National Guard or Military Reserve, the dealer will need to verify active status via Military ID Card and notify MBFS at the time of application submission
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- Monday 9:00AM - 8:00PM
- Tuesday 9:00AM - 8:00PM
- Wednesday 9:00AM - 8:00PM
- Thursday 9:00AM - 8:00PM
- Friday 9:00AM - 6:00PM
- Saturday 9:00AM - 5:00PM
- Sunday Closed
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