Mercedes-Benz Financial Services Reviews

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About Mercedes-Benz Financial Services

This profile has not been claimed by the company. See reviews below to learn more or submit your own review.

Mercedes-Benz Financial Services is an in-house financing provider for vehicles from Mercedes-Benz and other brands under its parent company, Daimler AG. It provides an online payment calculator, and you can apply online or at a local dealership to get preapproved. After your purchase, you can manage your account and make secure payments online.

Pros
  • Apply online or at a dealership
  • Flexible payment options
  • Preapproval option
  • Online account management
Cons
  • Limited automaker support
  • Terms only available through dealers

What is MBFS?

Mercedes-Benz Financial Services (MBFS) is a financial services provider that works with Daimler AG customers and dealerships. Whether you’re buying or leasing, you can apply for financing online or directly through your local dealership with MBFS. It also offers extended warranties and insurance backed by Liberty Mutual.

You can manage your account and user preferences on Mercedes-Benz Financial Services’ website, with credit and debit repayment options. Accounts can also be managed on the “Mercedes me” mobile app.

MBFS also provides online resources for car buyers, including payment calculators and leasing vs. financing comparison tools.

How does Mercedes-Benz Financial Services work?

After applying, you can expect a response within four business hours. If you’re preapproved, the company will determine your interest rate and financing terms. Simply bring the printed approval email with you to the dealership. You then have the option of financing or leasing a vehicle. If you're unsure which option is right for you, try MBFS's purchase option selector or speak with your dealer.

Once you've chosen your vehicle and your purchasing arrangement, you can opt to add extended warranty coverage, insurance or a down payment. First Class Leases do not require security deposits, but there are payment options for those who would like to put down a deposit. Your dealer should walk you through all your payment options, including the interest rate and any loan or lease terms.

Mercedes-Benz Financial Services rates

Mercedes-Benz Financial Services doesn’t list all its rates online. However, its online payment estimator can generate costs for leasing and financing a new Mercedes-Benz, including down payments and trade-ins. Your rates depend on your:

  • Vehicle choice
  • Location
  • Credit score
  • Financing terms

However, the payment estimator is exclusively based on the Manufacturer’s Suggested Retail Price (MSRP), which doesn't include any price negotiations, insurance, optional products or other charges from the dealer.

The company also offers balloon financing, featuring lower monthly payments and one larger payment at the end of the loan. Speak to your dealer about current loan rates and terms.

Mercedes-Benz Financial Services FAQ

What credit score is needed for Mercedes-Benz Financial?

Credit score requirements vary between dealers and shoppers, depending on factors like down payments and employment history. As a general rule, most car dealers require a minimum credit score ranging from the mid-600s to low-700s. If you're uncertain if you qualify, apply online to receive preapproval.

Is it hard to get Mercedes-Benz financing?

It depends on your credit history, employment history, down payment and other factors. While it's easy to apply for financing, your credit score and other financial information will determine the likelihood of approval. It’s worth noting that Mercedes-Benz dealerships offer financing options for people rebuilding their credit.

Does Mercedes-Benz offer 0% financing?

Mercedes-Benz may offer 0% financing during promotional periods. However, terms like these often require good to excellent credit histories to qualify.

Does Mercedes-Benz offer 72-month financing?

It’s hard to say with certainty. Loan terms vary, depending on the lender and their current promotions. Contact your local Mercedes-Benz dealership for specific financing options.

Still have questions?

Is Mercedes-Benz Financial Services legit?

Yes, Mercedes-Benz Financial Services is the in-house financing company for Daimler AG, a major automaker. It offers leasing and purchasing options at dealerships across the country. You can apply online or in person, and convenient account management is available through your computer or its branded mobile app. One of the best ways to find a deal on an auto loan or lease is by shopping around, so if you’re in the market for a Mercedes-Benz or an affiliated vehicle, it may be worth seeing what MBFS can offer you.

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Mercedes-Benz Financial Services Reviews

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    Page 1 Reviews 0 - 10
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    Billing

    Reviewed April 23, 2026

    I spent 11 years with this company and let me tell you I REGRET IT! They reported that I filed for Bankruptcy and I NEVER did, they had multiple credit cards close on me. RUN FROM THIS COMPANY AS FAR AS POSSIBLE!

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    Customer ServicePunctuality & SpeedStaffBillingHonesty & Transparency

    Reviewed Feb. 12, 2026

    My payments to Mercedes Benz has been set up on auto-pay since April of 2025... They have never, ever not been paid - on time - since day 1. They get paid every month like clock work. Starting about 3 months after getting the car I began getting calls from MB financial stating that I have NOT paid, and have late fees, etc. etc. on top of my "late payment". I rounded up all of my Bank of America payment statements for each month - as well as documentation from my acount for 7 days before AND 7 days after payment to prove I wasn't lying. 28 calls later (literally) from these morons... I'm still sending them all of the information and proof they asked for.

    All payments have been made...will continue to be made...yet these idiots continue to call, harass...and to top it off...some of the MB reps said there is NO NOTES of me sending in the 20 plus emails to their coll_corr@mercedes-benz.com email address - with my accompanying account number, my name and the (claimed) late payments. I have sent, literally, dozens of emails to the half-wits with proof of EVERY payment...and yet the continue to call. Now, they say they haven't received any emails to prove I've paid. Absolutely maddening. Literally THE WORST ever...I wish I had never ventured away from BMW...not 1 time in 25 years of buying BMWs have I had a problem. BEWARE.... Do NOT buy a Mercedes Benz. This has been the worst experience ever. Oh...and guess who just called, as I'm typing this out. Yep... the MB finance goons. Again - Beware and buy another brand.

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      Punctuality & Speed

      Reviewed Dec. 17, 2025

      They are horrible, more like a sub-prime lender. The most outrageous late fees I have ever seen. Will never do business with them ever again, I used to think that they are the best as their vehicles but boy was I wrong.

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      Billing

      Reviewed Nov. 14, 2025

      Mercedes Benz will not return a duplicate payment. I am on recurrent pay. They sent me a text stating a payment was due. I thought something had gone wrong and they didn't receive it. So I sent a duplicate payment. It's been over a month to no avail.

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      Customer ServiceCoveragePriceStaff

      Reviewed Sept. 17, 2025

      Poor quality, poor customer service and are not worth paying lots money for them. My car has been in the shop from the 1st month of purchase and every other month for a year. New car and they had to replace a steering wheel, catalytic converter and other electrical equipment and wiring. They are shameless and don't care about their customers. Check engine lights up at least once a month.

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      Reviewed Sept. 9, 2025

      Blacklisted my wife and I over false claims. They didn't give us a chance to produce any supporting documents. After spending hundreds of thousands on MB products they cut us off with no heads up. Would not recommend them to anyone. 0 loyalty.

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      Customer ServiceCoverageRefunds & PayoutsStaffBillingTransparencyHonesty & Transparency

      Reviewed July 3, 2025

      My car was totaled, and my insurance company paid Mercedes-Benz. As a result, I am entitled to a refund. When this happened, my first step was to look up reviews for Mercedes-Benz Financial Services. I was worried that they might not process my refund, and it turns out my concerns were justified—Mercedes-Benz has a significant number of negative reviews regarding their refund process, with many customers expressing frustration over how inquiries are handled.

      Now, almost three months have passed since the incident. I have called over ten times to follow up, and each time, I was given different information. After the insurance payment was made, it took almost three weeks for the payment to be applied to my account. Whenever I called for updates, I was told to follow up the following week. Finally, last week, I was informed that the refund would take an additional 21 days to process. Basically the customer service representatives lie to me every time. I was always on time With my payments but they are not with theirs.

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      Follow-Through

      Reviewed May 6, 2025

      I sold my Mercedes to a third party three weeks ago. Mercedes Benz Financial Services received the payoff 2 weeks ago. They are yet to release the title. All promises, no follow through. This borders on theft. You no longer have a claim to the title, release it. On a side note the multiple mechanical issues are completely unacceptable. There are many luxury brands out there. Steer away from this one.

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      Customer ServiceTechRefunds & PayoutsStaff

      Reviewed Feb. 17, 2025

      These people are basically taking money and saying they didn’t have it, not honoring contracts, not honoring warrants. Terminated a paid contract. Never used warranty. Was told I didn’t have and I paid for it. Scammers like to you, everybody have different answers when you call. They will go over someone else information and it isn’t yours, I’ll have another consumer entire contract and SS # by the end of the call just for the representative to blame the consumers for their mistakes and still can’t tell you what happen on the last call or the contact.. Like come on now. What is going on here.

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      Reviewed Feb. 4, 2025

      The worst company to buy a vehicle from. Warranty do not buy! My van was paid off & they reported it as closed. Dropped my score tremendously! I will never buy another Mercedes-Benz again. The worst experience ever! When I my van for recalls the damaged my vehicle even worst. The mechanics only puts the vehicle on a machine to tell them what's going on with. They are not certified at all. I had to take my sprinter back and forth to the shop over 6 months before getting it right. Never again!

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      Mercedes-Benz Financial Services Company Information

      Company Name:
      Mercedes Benz
      Website:
      www.mbfs.com