Mercedes-Benz Financial Services Consumer Loan Complaint

Vehicle lease Shopping for a loan or lease

Mercedes-Benz Financial Services Consumer loan department,

Vehicle lease Shopping for a loan or lease California

On - -, 2015 I entered into a vehicle lease/trade-in contract with Mercedes-Benz Financial - - - of - -, CA ) with a down payment of $10000.00. My current vehicle was surrendered and I was given the new vehicle. On - -, 2015 I was informed by the location 's Finance Manager ( - - - that MB Financial had declined my application for credit, but I should not worry as he would get it approved through reconsideration. On - -, 2015 I received official notification from MB Financial my application for credit was declined, but again, - - assured me not to be concerned and it would be taken care of. At no point was I advised the transaction was pending further/final approval. Under the impression this was a final deal, I tinted the windows at a cost of $230.00. On - -, 2015 - - advised me he was unable to obtain final credit approval and I returned the car. When my previous car - 2014 - Touareg with - miles on it ) was turned back over to me, I was advised there was new tires on it. As an individual who used to sell tires for a living, they were clearly the same tires treated with -. - - - offered to show me a Purchase Order, but refused to produce the vehicle 's original tires at my request. At that point I noticed the mirror control knob had been broken off, rendering the mirror adjustment useless. - - told me point blank you have $1100.00 worth of new tires on your car, I 'm not repairing that mirror knob. '' - has advised me the entire console needs to be replaced, which will cost $250.00 in parts and - hours of labor to repair.

Mercedes-Benz Financial Services customer in California
Jul 07, 2015

* Source: CFPB Complaint Database

Mercedes-Benz Financial Services response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Mercedes-Benz Financial ServicesComplaint HistoryComplaints6/20148/201411/20146/20157/20151/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Mercedes-Benz Financial ServicesShopping for a loan or lease85.7%14.3%Closed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageShopping for a loan or lease1.8%86.5%1.3%7.8%0.2%0.7%1.0%0.6%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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