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Mercedes-Benz Financial is proud to announce the enhancement
to the Rising Star Program. Rising Star was created to offer recent college
graduates with the Mercedes-Benz experience. Under the new program
Mercedes-Benz Financial Services has opened up the offering to college students
and first time buyers. With minimal requirements, this select group of
customers can enjoy their early success and start the journey as Mercedes-Benz
customers for life.
Program Requirements:
College Graduate - Geared
toward those with a degree, no car credit and now progressing in their career.
Student - For those local and
international students needing a path toward approval.
First Time Buyer - A great
option for those with limited credit who do not require a high amount to
finance.
Vehicle Eligibility:
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- New or Certified Pre-Owned Mercedes-Benz vehicles only.
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- Amount financed or Capitalized Cost not to exceed $45,000 within
applicable standard advance guidelines.
Program Eligibility:
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- Graduate of an accredited college with a 4-year undergraduate degree,
graduate degree, or registered nursing degree earned within the previous 24
months.
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- A copy of the graduate's diploma or official transcripts.
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- Proof of graduate status or letter from Registrar's Office stating
intent to graduate within the next 6 months.
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- Proof of income required - Last 3 months of bank statements or most
recent pay stub.
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- Customer must have a minimum of 24 months of credit on
file.
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- Gross debt to income ratio not to exceed 50%.
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- Gross payment to income amount not to exceed 20%.
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- Must score Tier 2 or better.
*See Mercedes-Benz of Orange Park for additional
details. Financing through Mercedes-Benz Financial Services (MBFS). Not
everyone will qualify.
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