STAR Agility+

The term of your vehicle finance depends on several factors: on the one hand, the amount of the down payment is decisive – on the other hand, the monthly instalment amount. The quicker you pay off the vehicle, the quicker financing comes to an end and the vehicle is yours. You determine the finance term in conjunction with your Mercedes-Benz dealer.

You must be of legal age and of full legal capacity to secure car financing via the Mercedes-Benz Financial

During the entire period of car financing, the Daimler Financial Services India remains the owner of the vehicle. Once the last instalment has been paid off, the new or used car is transferred to your ownership. The Mercedes finance is concluded and you receive the vehicle title of ownership. The vehicle registration document is, of course, in your possession from the very beginning.

Covers the depreciation amount on assessed damaged parts allowed for replacement during repairs in the event of a Partial Loss to the Insured Vehicle.

Replace insured car with a new equivalent or near equivalent car of similar make, model, inclusive of a Comprehensive Cover Policy, cost of registration including Road Tax and Octroi, payable for the new car.

Covers the consequential damage to the internal parts of the engine and/or damage to gear box arising out of water ingression/leakage of lubricating oil, due to Accidental means.

 

In case of damage to Tyre(s) and Rim(s) of the car arising out of bulge/puncture/burst/cut, the cost of replacement of Tyre(s) and Rim(s), (Up to 4 Tyres & 4 Rims during a policy period) is covered.  

This cover pays the EMI (not exceeding one) falling due after the accident of the vehicle in respect of the Loan availed, provided vehicle is lying in the workshop for repairs following an accident exceeding thirty (30) days due to:
a. Non-availability of parts at the repairer or
b. Workshop is closed due to strike/lock-out or
c. Extensive damage to the vehicle resulting in man-hour requirement exceeding 30 days and certified by the independent surveyor appointed by the Company.
 

In case of irrecoverable loss of keys of the Insured Vehicle, the cost of new lock set and installation cost would be covered. The benefit is once in a policy period. The sum insured for this cover is Rs.30,000.

Coverage for the cost of consumables required to be replaced/replenished during the repair of the damaged vehicle. It includes, engine oil, gear box oil, power steering oil, coolant, AC gas oil, brake oil, AC refrigerant, battery electrolyte, windshield washer fluid, radiator coolant, nut & bolt, screw, oil filter, fuel filter, bearings, washers, clip, wheel balancing weights, and items of similar nature excluding fuel.  

A per day cash benefit for 7 days, if the vehicle is rendered unusable due to repairs required to be undertaken in a workshop consequent to an Accidental loss. Benefit will start after the survey is done.