Commercial and Consumer Van Program Guide

Commercial and Consumer Van Program Guide

April 2017

A Daimler Company

1

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Table of Contents

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Commercial and Consumer Van Retail Rate Programs.............................................................................................................3 Commercial and Consumer Van FMV Lease Cash Program.....................................................................................................5 Commercial Van FMV and Consumer Van First Class Lease Rate Programs..........................................................................6 Commercial Van FMV and Consumer Van First Class Lease Residuals ..................................................................................7 Commercial Van FMV Quote Request Form ............................................................................................................................13 Commercial Van TRAC Lease Cash Program...........................................................................................................................14 Commercial Van TRAC and Zero TRAC Lease Rates and Residuals ......................................................................................15 Commercial Van Complete Advantage Lease .........................................................................................................................16 Commercial Van Complete Advantage FMV Lease Residuals................................................................................................17 Commercial Van Complete Advantage TRAC Lease Residuals ..............................................................................................19 Consumer Van Policies and Guidelines....................................................................................................................................20 Commercial Van Policies and Guidelines.................................................................................................................................22

A Daimler Company

2

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Commercial and Consumer Van Retail Rate Programs

CONSUMER VAN - STANDARD RATES - NEW RETAIL

STANDARD NEW RETAIL: I99 / AUTO PAY : J14

Model Year

Eligible Term

A1

T1

T2

MY17 ? 15

12-60 Months

4.09%

4.59%

5.59%

MY17 ? 15

61-66 Months

4.09%

4.59%

5.59%

MY17 ? 15

67-72 Months

4.84%

5.34%

6.34%

CONSUMER VAN - STANDARD RATES - PRE-OWNED RETAIL

STANDARD CPO/PO RETAIL: I99 / AUTO PAY : J14

Model Year

Eligible Term

A1

T1

T2

MY17 - 12

12-66 Months

4.09%

4.59%

5.59%

The above rates available for consumer applications only - personal, family or household use

Enrolled Freightliner dealers are eligible for consumer financing

12 - 60 Months: Maximum Reserve 2.5% (2.0% for T4)

61 - 72 Months: Maximum Reserve 2.0%

Retail / Balloon flat fee paid when buy rate equals contract rate: 1% of amount financed, up to $300

T3 7.59% 7.59% 8.34%

T3

COMMERCIAL VAN - STANDARD RATES - NEW RETAIL

RETAIL PROGRAM CODE: M31 - MB Commercial Van Retail (M3)

Model Year

Model Year

A

B

C

MY17 ? 15

12-60 Months

4.59%

5.59%

7.59%

MY17 ? 15 61-72 Months

5.20%

6.24%

8.24%

COMMERCIAL VAN - STANDARD RATES - PRE-OWNED RETAIL

RETAIL PROGRAM CODE: M31 - MB Commercial Van Retail (M3)

Model Year

Eligible Term

A

B

C

MY17 - 09

12-60 Months

4.59%

5.59%

7.59%

Used terms will vary based upon model year and mileage.

Maximum dealer markup is 3.00% for Mercedes-Benz Financial Services floorplan dealers

Maximum dealer markup is 2.00% for Mercedes-Benz Financial Services non-floorplan dealers

The above rates are for commercial customers only.

Retail balloon options available. Call for details

** Call for pricing

D 10.10% 11.35%

D **

T4 10.09% 10.09% 11.84%

T4

E 15.95% 17.75%

E **

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track. Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

A Daimler Company

3

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

COMMERCIAL AND CONSUMER VAN - SPECIAL RATES - NEW RETAIL

Model Year

Commercial Program Codes

Consumer Program Codes

Financed Amount

MY16

M61 - Commercial Van (M6)

M10 - Commercial Van Special Over

110% (MQ)

M71 - Commercial Van Flat Fee (MS)

M20 - Commercial Van Special Flat Fee

Over 110% (MO)

Special: I95 Auto Pay: J10

Special: I96 Auto Pay: J11

Standard Advance Rate:

Up to 110%

Enhanced Advance Rate:

Exceeding 110%

MY17

M61 - Commercial Van (M6)

M10 - Commercial Van Special Over

110% (MQ)

M71 - Commercial Van Flat Fee (MS)

M20 - Commercial Van Special Flat Fee

Over 110% (MO)

Special: I95 Auto Pay: J10

Special: I96 Auto Pay: J11

Standard Advance Rate:

Up to 110% Enhanced Advance

Rate: Exceeding 110%

Eligible Vehicles MY 2016 Sprinter (excluding Cab-Chassis) MY 2016 ex-CVP Sprinter (excluding Cab-Chassis) MY 2017 Sprinter (excluding Cab-Chassis) MY 2016 Sprinter WORKER MY 2016 ex-CVP Sprinter WORKER MY 2016 Metris MY 2017 Metris MY 2017 Metris WORKER

24 - 36 Months 0.00%

0.25%

0.00%

0.25%

37 - 48 Months 0.00%

0.25%

0.90%

1.15%

49 - 60 Months 0.90%

1.15%

1.90%

2.15%

61 - 72 Months 1.90%

2.15%

2.90%

3.15%

Dealer Reserve Guidelines Rate mark-up of 1% is not allowed for the 0% or 0.25% offerings (MY16 0-48 months / MY17 0-36 months) $300 Flat Reserve Fee will be paid at time of contract funding when buy rate equals contract rate Dealer Reserve: Limited to 1% maximum on all contracts with terms 49-72 months on MY16 and 37-72 months on MY17

Program Guidelines

Consumer Tier Eligibility: Program limited to Tiers A1 - T2, subject to credit approval Commercial Tier Eligibility: Program limited to Tiers A & B, subject to credit approval Commercial and Consumer Van minimum amount financed - $10,000 Commercial and Consumer Van Standard Advance Rate Guidelines for financed amounts UP TO 110% Commercial and Consumer Van Maximum amount financed must not exceed 110% of Van MSRP Commercial and Consumer Van Standard rates apply when Amount to Finance exceeds $75,000 Commercial and Consumer Van Balloons are not eligible for this program Eligible vehicles previously DDR'd as CVP are eligible for special rates All cab-chassis, small/medium fleet, international fleet, national fleet and Dealer Van Program do not qualify for special retail financing

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track.

A Daimler Company

4

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

Commercial and Consumer Van FMV Lease Cash Program

$900 FMV Lease Cash available for New MY 2016 Metris units $500 FMV Lease Cash available for New MY 2016 & 2017 Sprinter units

Program Terms and Conditions: Vehicle Eligibility: New MY 2016 & 2017 Sprinter models eligible for $500 FMV Lease Cash and MY2016

Metris Vans eligible for $900 FMV Lease Cash. MBUSA marketing units purchased at auction and Exclusive Dealer Demo (EDD) units are not eligible. Contract Date Eligibility: Contracts must be dated between April 1, 2017 and May 1, 2017 and received by MBFS for funding no later than May 15, 2017. Tier Eligibility: Program available for all commercial and consumer customers, subject to credit approval by MBFS and published guidelines. Contracts in the name of an authorized Mercedes-Benz Van franchise dealer or an affiliated entity are ineligible. Not available for municipalities. FMV Lease Cash paid directly by MBUSA via the Market Support System. FMV Lease Cash is combinable with MBUSA Dealer Cash and Consumer Cash. FMV Lease Cash is NOT combinable with Dealer and Courtesy Van Program incentives.

Contracts must be submitted using the following program codes:

Commercial Van Contracts

Consumer Van Contracts

M8 - FMV Lease C3 - Complete Advantage Lease FMV

I93 ? Standard New Lease J09 ? Autopay Standard New Lease I94 ? Single Pay Standard New Lease

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track. Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

A Daimler Company

5

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Commercial Van FMV and Consumer Van First Class Lease Rate

Programs

CONSUMER VAN - STANDARD RATES - NEW FIRST CLASS LEASE

Standard New Lease: I93

Standard New Lease - Auto Pay: J09

Standard New Lease - Single Pay: I94

Model Year

Eligible Term

A1

T1

T2

MY17 - 16

24-60 Months

.00225

.00255

.00285

New Lease Program is for MY17 & MY16 only. Utilize First Class Lease Agreement for contracting.

The above rates are for consumer customers only - vans used for personal, family or household use.

Maximum Participation .00150 (.00100 for T4)

T3 .00350

T4 .00375

COMMERCIAL VAN - STANDARD RATES - NEW FMV LEASE

Commercial Van FMV Lease (M8): M82

Model Year

Eligible Term

Dealer Fee

A

0%

.00248

MY17 - 16

24-60 Months

1% 2%

.00262 .00276

3%

.00289

The above rates are for commercial customers only.

Dealer Fee calculation: maximum of 3% mark-up; no chargebacks.

No acquisition or turn-in fees applicable.

B .00255 .00270 .00284 .00298

C .00395 .00410 .00425 .00440

D .00505 .00520 .00535 .00550

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track. Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

A Daimler Company

6

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Commercial Van FMV and Consumer Van First Class Lease Residuals

Model Year 2016 Sprinter Cargo and Crew Residual Values

Model

Miles / Year 24 months 36 months 48 months 60 months

15,000

56%

44%

37%

25%

20,000

52%

40%

32%

20%

25,000

48%

36%

28%

16%

2500 144wb M2CA144 M2LE144

30,000

44%

31%

23%

35,000

41%

27%

18%

40,000

37%

23%

45,000

33%

19%

50,000

29%

55,000

25%

60,000

21%

15,000

58%

49%

40%

28%

20,000

55%

45%

36%

24%

25,000

51%

42%

32%

20%

2500 170wb M2CA170 M2LE170

30,000

48%

38%

28%

16%

35,000

45%

34%

24%

40,000

41%

31%

20%

45,000

38%

27%

16%

50,000

35%

23%

55,000

31%

20%

60,000

28%

16%

15,000

58%

48%

40%

28%

20,000

55%

44%

36%

24%

25,000

52%

41%

32%

20%

30,000

48%

37%

28%

17%

2500 170wb Extended Wheel Base

35,000

45%

34%

24%

M2CA170E

40,000

42%

30%

21%

45,000

39%

27%

17%

50,000

35%

23%

55,000

32%

20%

60,000

29%

16%

15,000

52%

43%

36%

25%

20,000

49%

39%

32%

21%

25,000

45%

35%

28%

17%

30,000

42%

32%

24%

3500 144wb

35,000

38%

28%

20%

M3CA144

40,000

35%

24%

15%

45,000

31%

20%

50,000

28%

17%

55,000

25%

60,000

21%

For low mileage leases at 10,000 miles per year, add 3% to standard residual percentages. For low mileage leases at 12,000 miles per year,

add 2% to standard residual percentages. All other lower or higher mileage lease requests can be submitted using the custom quote form.

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track. Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

A Daimler Company

7

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

Model Year 2016 Sprinter Cargo and Crew Residual Values

Model

Miles / Year 24 months 36 months 48 months 60 months

15,000

56%

47%

40%

27%

20,000

53%

43%

36%

23%

25,000

50%

40%

32%

20%

30,000

46%

36%

29%

16%

3500 170wb

35,000

43%

33%

25%

M3CA170

40,000

40%

29%

21%

45,000

37%

26%

17%

50,000

34%

22%

55,000

30%

19%

60,000

27%

15%

15,000

56%

47%

39%

28%

3500 170wb Extended Wheel Base

20,000

53%

44%

35%

24%

25,000

50%

40%

31%

21%

M3CA170E

30,000

47%

37%

28%

17%

35,000

43%

33%

24%

M3SLE4 (Smartliner Cargo Van Shell, 4 Cylinder)

40,000

40%

30%

20%

45,000

37%

26%

16%

M3SLE6 (Smartliner Cargo Van Shell, 6 Cylinder)

50,000

34%

23%

55,000

31%

19%

60,000

28%

16%

15,000

57%

46%

36%

29%

20,000

53%

42%

32%

25%

25,000

50%

38%

27%

21%

30,000

46%

34%

23%

16%

2500 144wb Crew Cab

35,000

43%

30%

19%

M2CV144

40,000

39%

26%

45,000

35%

22%

50,000

32%

18%

55,000

28%

60,000

24%

15,000

60%

49%

39%

29%

20,000

57%

45%

35%

25%

25,000

54%

42%

31%

22%

30,000

50%

38%

27%

18%

2500 170wb Crew Cab

35,000

47%

35%

24%

M2CV170

40,000

44%

31%

20%

45,000

41%

28%

16%

50,000

38%

24%

55,000

34%

21%

60,000

31%

17%

For low mileage leases at 10,000 miles per year, add 3% to standard residual percentages. For low mileage leases at 12,000 miles per year,

add 2% to standard residual percentages. All other lower or higher mileage lease requests can be submitted using the custom quote form.

Programs are effective April 1, 2017 through May 1, 2017. Contracts must be received by Mercedes-Benz Financial Services USA LLC (MBFS) for funding no later than May 15, 2017. Please reference MBFS Commercial and Consumer Van Policies and Guidelines for additional requirements (see end of guide). Consumer contracts should be submitted through MB Advantage or Dealer Track. Commercial contracts should be submitted through F&I Pro. Consumer Van leases and commercial Van programs not offered in Puerto Rico. Information provided herein is for quoting purposes only. Actual rates, terms, down payment and program eligibility will be determined by MBFS Credit Team based upon creditworthiness of the customer. Program rates or terms may be changed or the programs may be modified or terminated at any time at the sole discretion of MBFS or Mercedes-Benz USA, LLC (MBUSA).

A Daimler Company

8

Northeast Region 800.441.7528 Southern Region 866.485.8542

Western/Central Region 800.547.4260

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