The finance plan also protects customers against the threat of fluctuating interest rates by setting a fixed instalment of R20,999 per month.

As the dedicated supporter of the South African commuter, Mercedes-Benz Vans has partnered with participating dealers and Mercedes-Benz Financial Services to create a no-deposit taxi finance plan, just in time for the festive season and New Year.

The tailored offer will allow entrepreneurs to purchase a Sprinter Inkanyezi without needing to use their hard-earned cash to pay the deposit. Over and above this, Mercedes-Benz Financial Services has set a fixed monthly instalment, to protect customers against the risk of interest rate hikes. The offer is completed with an R80,000 discount on the retail price, further lowering the monthly instalments on the vehicle.

Therefore, taxi drivers and taxi fleet owners will be able to own a Sprinter Inkanyezi from R20,999 per month, with no initial lump sum payment required.

Marinus Venter, the head of Product and Marketing for Mercedes-Benz Vans SA says, “At Mercedes-Benz Vans, we believe in entrepreneurial excellence. Therefore, it is our goal to champion our South African entrepreneurs within the taxi industry through this customised financing option.”

Venter explains the purpose behind the tailor-made taxi finance plan, saying, “Access to start-up capital, such as a deposit for a vehicle, is often one of the greatest hindrances to starting a business. With this zero-deposit initiative, we hope to encourage new entrepreneurs to hit the road whilst helping those already in the industry to expand and improve their operations and customer experience.”

Another key aspect of this initiative is road safety.

When it comes to vehicle safety, it is difficult to compare with the features offered by Mercedes-Benz Vans. Since its creation 25 years ago, the Mercedes-Benz Sprinter has epitomised safety and this fact has been reconfirmed time and time again over the years. With every facelift and new generation, the Sprinter has further improved its position with regard to active and passive safety. As a result, the Sprinter Inkanyezi represents decades of safety innovation and research, ensuring that it is one of the safest vehicles on the market.

Additionally, the Sprinter Inkanyezi has been specifically designed for the South African taxi industry. The rear-wheel drive Inkanyezi delivers on its promise of power and economy, a combination that can directly impact profitability in the taxi industry. It is exceptionally durable and dependable whilst offering absolute comfort and spaciousness for drivers and passengers alike. On the inside, the Inkanyezi sports a premium dark interior, convenient grab handles and a driver’s-side parcel shelf (which is especially handy for longer commutes). Finally, the iconic Mercedes-Benz grill and star set it apart from ordinary vehicles on the road. Trendsetting, efficient, reliable.

To find out more, visit https://www.mercedes-benz.co.za/vans/en/sprinter/inkanyezi/offer.
Notes to the editor:

*Terms and conditions apply. Subject to credit approval & while stock lasts.

Offer calculated on a Mercedes-Benz Sprinter 516 Panel Van including Inkanyezi Conversion

At a monthly repayment of R 20 999 on a Finance Lease agreement.

Fixed Interest rate of 13.25% with a R0 deposit for qualifying customers subject to credit approval. Term of 60 months. Total retail price R 913 874 incl. VAT.

Total Repayment value R1 259 940 incl. VAT.

Service Fee from R 69 per month (Incl. VAT and not included in monthly instalment) and Initiation fee from R1 207.50 (Incl. VAT and not included in the monthly instalment).

Finance provided by Mercedes-Benz Finance and Insurance, a division of Mercedes-Benz Financial Services South Africa (Pty) Ltd., an Authorized Financial Services Provider (License No. 18 604) and Credit Provider (License No. NCRCP80). Vehicle specifications may vary for the South African market. Offer valid until 31 December 2022 (or while stocks last). E&OE.