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Mercedes-Benz Financial Services First Class Guaranteed Auto Protection (GAP)
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A Mercedes-Benz is designed and equipped with some of the most advanced engineering and protection features available in today’s automobiles. Now we take protection one step further with Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection. If your vehicle is ever stolen or totaled in an accident, there could be a difference between what your auto insurance carrier covers and what you still owe. That’s where Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection comes into place. Helping to cover this difference. This coverage may also reimburse for the out-of-pocket cost of an insurance deductible up to one thousand dollars. Mercedes-Benz Financial Services First-Class Guaranteed Auto Protection: because when you drive an engineering marvel you know that protection including the financial kind makes very good sense.
If your Mercedes-Benz vehicle is stolen or declared a total loss in an accident, there can be a significant difference between the amount your insurance company will cover and the balance owed to Mercedes-Benz Financial Services. First Class Guaranteed Auto Protection helps cover this difference, and with it you may also be reimbursed for the out-of-pocket cost of your insurance deductible, up to $1,000 where allowable by state law.
Consider this scenario: You purchase a $60,000 Mercedes-Benz vehicle. Seven months later, you get into an accident that totals your car.
$55,000
(Loan payoff)
-$50,000
(Insured amount)
$5,000
(The gap)
+$1,000
(Insurance deductible)
$6,000
(Potential out-of-pocket expense)
-$6,000
(Covered by First Class Guaranteed Auto Protection)
$0
(Amount you owe)
This is intended as a general description for Guaranteed Auto Protection. GAP is an optional product which may not waive the entire balance owed on your finance contract. The GAP amounts may vary by state and there may be amounts for which you remain liable, such as late charges, past due amounts, and other fees. GAP does not apply to a vehicle used for commercial purposes, or loss or damage due to fraud or illegal acts, intentional damage, legal confiscation or repossession of the vehicle. GAP may not be available in all states or for all vehicle models. This product is available at the time of vehicle sale only. GAP is a product of and administered by individual member companies of Zurich in North America, and is marketed through Mercedes-Benz Financial Services. Please see your dealer for more information and refer to the First Class Guaranteed Auto Protection Agreement for details and exclusions.Back to content
Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or pre-owned vehicles, equipment and/or software purchased and placed into service during the tax year.
To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
*$27,000 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available.
**$5,670 tax savings based on 21% federal corporate tax rate and eligibility to claim full $27,000 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or pre-owned vehicles, equipment and/or software purchased and placed into service during the tax year.
To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
*$27,000 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available.
**$5,670 tax savings based on 21% federal corporate tax rate and eligibility to claim full $27,000 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or pre-owned vehicles, equipment and/or software purchased and placed into service during the tax year.
To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
*$27,000 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available.
**$5,670 tax savings based on 21% federal corporate tax rate and eligibility to claim full $27,000 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or pre-owned vehicles, equipment and/or software purchased and placed into service during the tax year.
To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
*$27,000 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available.
**$5,670 tax savings based on 21% federal corporate tax rate and eligibility to claim full $27,000 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
Every battery electric Mercedes-EQ model includes unlimited 30-minute complimentary DC fast charging sessions with Electrify America for 2 years, starting with the initial activation.
Complimentary 30-minute Fast Charging sessions are included with new vehicle purchase or lease for the first two years after account activation, exclusively on the Electrify America DC Fast Charging network. Charges may apply if the vehicle occupies the charging station for more than 30 minutes, or more than 10 minutes after reaching a full charge, whichever comes first. Charging on other networks may incur fees. Electrify America is a registered trademark of Electrify America LLC, which is a third party not within the control of Mercedes-Benz USA, LLC. Availability of, compatibility with, and access to the network depends on Electrify America and your location. For further information and limitations, and to learn more about where Electrify America network chargers are located, visit https://www.electrifyamerica.com/locate-charger/ or contact an authorized Mercedes-Benz dealer. Benefits are not transferable to other users or subsequent owners. Please note that these incentives can be combined with most, but not all, retail programs offered at the time of the transaction.
Every battery electric Mercedes-EQ model includes unlimited 30-minute complimentary DC fast charging sessions with Electrify America for 2 years, starting with the initial activation.
Complimentary 30-minute Fast Charging sessions are included with new vehicle purchase or lease for the first two years after account activation, exclusively on the Electrify America DC Fast Charging network. Charges may apply if the vehicle occupies the charging station for more than 30 minutes, or more than 10 minutes after reaching a full charge, whichever comes first. Charging on other networks may incur fees. Electrify America is a registered trademark of Electrify America LLC, which is a third party not within the control of Mercedes-Benz USA, LLC. Availability of, compatibility with, and access to the network depends on Electrify America and your location. For further information and limitations, and to learn more about where Electrify America network chargers are located, visit https://www.electrifyamerica.com/locate-charger/ or contact an authorized Mercedes-Benz dealer. Benefits are not transferable to other users or subsequent owners. Please note that these incentives can be combined with most, but not all, retail programs offered at the time of the transaction.
Every battery electric Mercedes-EQ model includes unlimited 30-minute complimentary DC fast charging sessions with Electrify America for 2 years, starting with the initial activation.
Complimentary 30-minute Fast Charging sessions are included with new vehicle purchase or lease for the first two years after account activation, exclusively on the Electrify America DC Fast Charging network. Charges may apply if the vehicle occupies the charging station for more than 30 minutes, or more than 10 minutes after reaching a full charge, whichever comes first. Charging on other networks may incur fees. Electrify America is a registered trademark of Electrify America LLC, which is a third party not within the control of Mercedes-Benz USA, LLC. Availability of, compatibility with, and access to the network depends on Electrify America and your location. For further information and limitations, and to learn more about where Electrify America network chargers are located, visit https://www.electrifyamerica.com/locate-charger/ or contact an authorized Mercedes-Benz dealer. Benefits are not transferable to other users or subsequent owners. Please note that these incentives can be combined with most, but not all, retail programs offered at the time of the transaction.
