With Mercedes-Benz Agility (Personal Contract Plan) you choose the following: 
- How much you'd like to put down as a deposit.
- How long you want your agreement to last.
- How many miles you expect to drive each year.

Your local Showroom will then work out your monthly payments and Optional Purchase Payment (balloon). The Optional Purchase Payment is the amount you'll need to pay at the end of the agreement if you want to own your Mercedes-Benz.

The responsibility, cost and arrangements for taxing and maintaining the vehicle over the term of the agreement will stay with you.

By having an Optional Purchase Payment (balloon) at the end of your agreement, you benefit from lower monthly payments than if you had paid the whole amount across the term on a Hire Purchase Agreement. Mercedes-Benz Financial Services UK Ltd also helps to protect you against any unexpected fall in the value of your vehicle by allowing you to return the vehicle at the end of the agreement, without paying the Optional Purchase Payment (balloon).

When all monthly payments have been made, at the end of your agreement you can choose the end of contract option which suits you best at that time, depending on your personal circumstances. For more information on the end of contract options, please see the Agility Finance Breakdown below.

Ahead of taking out an agreement with us please click here to see the documents you will be sent.

At the start of your agreement you’ll need to pay your chosen deposit amount. Throughout your agreement you’ll then make monthly payments. At the end of the agreement, providing you’ve made all the necessary payments, you’ll have three options available to you:

-Buy a new Mercedes-Benz.

-Keep your Mercedes-Benz.

-Return your vehicle.

Agility (Personal Contract Plan) could be the right choice for you if:
 

• You want the certainty of financing your vehicle with fixed monthly payments and the option to purchase it at the end.

• You anticipate what your annual mileage will be and are aware if you exceed the permitted mileage, additional charges will apply as stated within your contract, unless you purchase the vehicle. You'll need to pay the excess mileage charge detailed in your finance agreement for each mile you've exceeded the total permitted mileage by.

• You can commit to a specific term.

• You want to know you’re protected from any potential drop in the value of your vehicle.

• You understand your contractual rights to come out of the agreement early and in some circumstances, you’ll need to pay for doing so. For more information on these rights, including the right to Voluntary Terminate, along with more information on the features of the different finance products available from Mercedes-Benz Financial Services UK Ltd for your Mercedes-Benz, please visit the Comparison Table or our Finance Products FAQ page

Agility (Personal Contract Plan) may not be the right product for you if you want to own the vehicle at the end of the agreement, without paying the Optional Purchase Payment (balloon).

You need to make all outstanding monthly payments and after that you can do one of the following: purchase your car outright, use its value to help buy your next Mercedes-Benz, or return it. And you don’t need to decide until the end of your agreement nears. For more information please see below to view the End of Agreement Options.

We always recommend you get an indicative valuation for your vehicle before your agreement ends. This'll help you make an informed decision on which option will be best for you based on whether the market valuation of your vehicle is higher or lower than the final Optional Purchase Payment (balloon). For more information on how the value of your vehicle can affect your end of contract options, please speak to your local Showroom.

When taking out an agreement, Mercedes-Benz Financial Services UK Ltd will send you three documents: Your Finance Agreement Explained (reference only), Pre-contract Credit Information (reference only), and your Finance Agreement, which will require your signature.

To help you understand your agreement and make sure it’s the right plan for you, Mercedes-Benz Financial Services UK Ltd has included samples of each document below for you to read before taking out an agreement. Any financial data in both the Pre-contract Credit Information and Agreement documents is for illustrative purposes only. Information specific to your agreement will be sent to you if you decide to go ahead with your chosen agreement.

If there are any terms we use that you’re unsure of, take a look at our Glossary.

Got a question? Please speak to your local Showroom, you’ll find their details here.