Mercedes-Benz rights protection event upgrade: 15,000 "financial service fees" many 4S stores are collecting

www.techweb.com.cn/internet/2019-04-1...

April 14 news recently, Xi'an female graduate student Mercedes-Benz owners cry about rights protection incident triggered public debate. In an exposed recording, owners said they could have bought the car in full, but the seller "lured" her to open a Mercedes-Benz financial loan. In the absence of knowledge, female owners were opened Mercedes-Benz financial, but also forced to pay the "financial service fee 15,000."

According to CCTV Finance reported in the evening today, it is a common phenomenon to collect “financial service fees” in 4S stores in Beijing. Some consumers may even choose to buy a car in full because they are worried about these costs and refuse to buy a loan.

The report quoted the Mercedes-Benz 4S store staff as saying that all business procedures, financial loans applied for, and subsequent audits, including mortgage registration, require personnel to provide services, so financial service fees must be available.

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The report quoted people familiar with the matter as saying that the payment was generally charged for between 3 and 5 percent of the amount of the loan, but would vary from brand to brand because of different models. People familiar with the matter also revealed why invoices could not be issued because it was not a reasonable expense.

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