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Mercedes-Benz branded financing launched in Bahrain

MANAMA, April 25, 2016

Daimler Financial Services and leading bank BBK in collaboration with automotive dealer Al Haddad Motors have begun offering Mercedes-Benz branded financial services under the brand name ‘Mercedes-Benz Finance’ in Bahrain.

Customers can now take advantage of attractive automotive financing available for Mercedes-Benz passenger cars, a statement said.

Mercedes-Benz Finance offers products that are designed for customers who wish to buy a new or used Mercedes-Benz vehicle at competitive rates.  

Mohammed Malik, BBK’s GM Retail Banking said: “It is our pleasure to work with Daimler Financial Services in collaboration with our long standing partner, Al Haddad Motors. We are pleased to have been selected by Daimler Financial Services to partner with them and provide financing solutions for their products. Together, we aim to provide the best financing solutions and to support customers to own a Mercedes-Benz. Our partnership will make this dream a reality for people.”

With the new ‘Star Finance’ product, customers can choose their down payment and enjoy the ease of settling the remaining value through fixed monthly installments throughout their preferred repayment period as per the approved local auto finance rules. To provide a one-stop approach to the customer, a Mercedes-Benz Finance representative will be in the showroom to advise the customer directly.

Al Haddad Motors is the authorized general distributor for the entire range of Mercedes-Benz cars and commercial vehicles in Bahrain. Graeme Newport, general manager of Al Haddad Motors, said: “‘The ‘Mercedes-Benz Finance’ is a strategic step taken to ease the process of financing for the customer. With this collaboration between Al Haddad Motors and BBK, Al Haddad wants to aid the buying woes of the customer, leading to a peaceful purchase. By financing with Daimler Financial Services, the client will experience a smooth transaction with excellent service. Our association with BBK will make the customer interaction hassle-free.” – TradeArabia News Service




Tags: Bahrain | Mercedes Benz | Financing | Al Haddad |

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