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Apply for Mercedes-Benz Financing Online

Our pre-qualification is a quick and easy way to see where you stand before you step foot in our showroom. Take a few minutes and complete our secure online application from the comfort of your own home today.

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Auto Financing Has Never Been Easier

When you choose Mercedes-Benz of Waco for your auto financing needs, you can expect:

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Easy Credit

Regardless of your credit situation, chances are we can find a lender and a program to fit your budget.

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Worry-Free Financing

We offer a wide range of finance and lease programs with a menu that makes financing with us clear and simple.

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Straightforward Pricing

You'll receive a great price on new and pre-owned vehicles. So you'll save time and get a great value.

Frequently Asked Questions

Is it better to lease or buy a car?

It depends. Leases and loans are simply two different methods of automotive financing. One finances the use of a vehicle; the other finances the total cost of a vehicle. Each has its own benefits and drawbacks. It's not possible to simply say that one is always better than the other because it depends on your own particular situation and preferences. You must not only look at the financial comparisons but also at your own personal priorities and what's important to you.

Do you like driving a new car every two or three years, prefer lower monthly payments, or drive under 10,000 miles per year? Leasing might be the best option.

Do you like to keep your car for longer than three years, drive more than 10,000 miles per year, or enjoy modifying or customizing your car? You should probably consider purchasing your next vehicle.

Lease vs Buy

Can I trade in my car that's not paid off?

In a word: yes. Trading in a financed vehicle is very common. There are a few things to still be aware of though.

If you are underwater with your current loan (you owe more than your car is worth), the negative equity will be added to the new loan.

If you are not underwater, the remaining loan balance will simply be deducted from the value of your trade-in.

In both cases, we will take care of paying off the lien holder and getting the title for your vehicle. This is one less thing you have to worry about when you trade in your car with us, versus selling it privately. In fact, we will even buy your car from you regardless if you buy a vehicle from us!

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How much should a car down payment be?

It is recommended to put at least 10% down on the purchase of a new or pre-owned vehicle, but as little as $500 can be sufficient in many cases. There is no harm in putting down as much as possible though, and we would suggest aiming for putting down around 20% to help lower your monthly payments.

You don't necessarily need to have this cash on hand though. If you are trading in a vehicle, the value of your trade-in will help cover most of, if not all, of your down payment.

If you are interested in having the lowest possible down payment, taking advantage of our low or no money down lease specials may be your best option. Check out our current lease offers today or contact us for more information.

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Can I get a car loan with bad credit?

Yes! Thanks to our worry-free financing, we are able to offer new and pre-owned vehicle financing to almost everyone, regardless of your current credit situation! Chances are we can find a lender and a financing plan that works for you.

In fact, you can even apply for a car loan from the comfort of your own home today with our fast and secure online finance application. If you have any questions, feel free to give us a call to speak with one of our knowledgeable finance team members. We are dedicated to getting you behind the wheel of a new or pre-owned vehicle regardless of your credit score.

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Can I finance a pre-owned car?

Absolutely! We offer financing on all of our vehicles, both new and pre-owned. In fact, banks typically see lending through a dealership like us as less risky compared to lending to a private party. So when you finance a pre-owned vehicle through us, not only are you are more likely to get approved, you will probably get better loan terms too.

Get pre-approved for pre-owned vehicle financing today with our online finance application, then be sure to check out our complete selection of pre-owned cars, trucks, and SUVs for sale near you!

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Mercedes-Benz Protection Plans

Your vehicle is a big investment, so it's important to keep it protected. Mercedes-Benz of Waco offers an array of protection plans to help you with mechanical breakdowns, routine maintenance, and unexpected emergencies such as vehicle theft, flat tires, road hazards, spills, and dents. Drive with the peace of mind knowing that your car is protected.

Appearance & Maintenance

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Shopping Tools

Mercedes-Benz Payment Calculator

Use our calculator tool to estimate your monthly payment amount if you know the price of the vehicle you're looking to finance or how much you want to spend in total.

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Mercedes-Benz Special Offers

Mercedes-Benz of Waco offers a variety of lease specials and financing offers on popular Mercedes-Benz models. Getting behind the wheel of a Mercedes-Benz has never been easier.

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We'll Buy Your Car

Get a free certified offer and turn your car, truck, or SUV into cash today. Your offer is guaranteed for 7 days or 500 miles at any AutoNation location across the country.*

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Shop by Monthly Payment

Have a monthly payment amount in mind? Our affordability calculator allows you to shop for new and pre-owned vehicles within your monthly budget.**

Your Trusted Mercedes-Benz Finance Center in Waco

Interior view of Mercedes-Benz of Waco

Finance a Mercedes-Benz in Waco, TX

Our knowledgeable finance team members at Mercedes-Benz of Waco are dedicated to getting you behind the wheel of a previously owned or new vehicle. If you're in Temple, Robinson, or Waco, come to the finance center at our dealership on North Valley Mills Drive and experience our top-notch service.

Mercedes-Benz Finance Specials and Lease Specials Near Me

Choosing between buying your next vehicle and leasing a new car doesn't need to be a difficult decision. Factors to consider boil down to your lifestyle, personal needs, and budget. 

Leasing might be your best option if you like driving a new car every two or three years, drive under 10,000 miles a year, or prefer lower monthly payments. 

If you plan on keeping your car for more than a few years, drive more than 10,000 miles a year, or enjoy customizing your vehicle, then consider purchasing your next vehicle. 

Mercedes-Benz offers First Class Lease Protection, which provides coverage at the end of the current lease for some chargeable items,

such as minor dents and scratches that go beyond normal wear and use.

Check out our latest lease and finance specials to help with your decision. You might find an S-Class, C-Class, or a GLC SUV that you you've been dreaming of.

Our current offers make getting the keys to a new Mercedes-Benz easier than ever. Whether you decide to lease a new Mercedes-Benz model, like a GLE, or get a car loan to buy something from the E-Class, we look forward to showing you our commitment to excellence.

How to Finance a Mercedes-Benz Vehicle

Apply for Mercedes-Benz financing from home today with our simple and secure online pre-qualification application. Using our Mercedes-Benz payment calculator will help you estimate monthly payments based on interest rates and down payment amounts.

Many special offers on new and Certified Pre-Owned (CPO) vehicles are available through Mercedes-Benz Financial Services (MBFS).

We are able to offer auto loans for new, CPO, and pre-owned vehicles to almost everyone, thanks to our worry-free financing. Chances are we can find a lender and a financing plan for you, regardless of your current credit situation.

We'll Buy Your Car

Use your current vehicle as a trade-in toward your next car or let us buy it from you for cash! 

Enter your car, truck, or SUV's VIN into our online form and describe its condition. You'll receive a competitive offer good for seven days or 500 miles. The offer remains the same whether you sell it to us or trade it. Once we inspect the car at any of our stores from coast-to-coast in the United States, we'll give you a check the same day.

Visit Mercedes-Benz of Waco in Waco, TX

Auto financing is easy with Mercedes-Benz of Waco. You can expect:

  • Easy credit, regardless of your credit situation

  • Worry-free financing that is clear and simple

  • Straightforward pricing on new and previously-owned vehicles

Schedule an appointment with a finance team member. Our phone number is (254) 244-0166. Wondering if we're open today? Our dealership opens Monday through Friday from 8 a.m. to 7 p.m. and on Saturday from 8:30 a.m. to 5 p.m.

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Your privacy is important to us.

Mercedes-Benz of Waco takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.

*Subject to in-store verification, vehicle condition and mileage. Appraisal valid for 7 days or 500 miles, whichever comes first. See store for details. Some restrictions apply.

** These calculations are for reference purposes only. All figures are estimates only and are not guaranteed as accurate. Always consult a professional financial advisor.