Mercedes-Benz Financial Services
Mercedes-Benz Financial Services is the captive finance subsidiary of Mercedes-Benz Group AG, providing retail auto loans, leases, insurance, and GAP protection exclusively through the authorized Mercedes-Benz dealer network across the United States, India, Australia, and the United Kingdom.
- Company typePrivate
- Founded2019
- HeadquartersFarmington Hills, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Mercedes-Benz Financial Services does
Mercedes-Benz Financial Services (MBFS) is the captive finance arm of Mercedes-Benz Group AG, providing retail financing, leasing, and insurance products exclusively to Mercedes-Benz vehicle buyers and authorized dealerships. The U.S. entity, Mercedes-Benz Financial Services USA LLC (a Delaware LLC, NMLS #2546), is headquartered at AllianceTexas in Fort Worth, Texas and operates through a dealer-embedded go-to-market model in which credit applications are originated at point-of-sale at authorized Mercedes-Benz dealerships across the United States, with supplemental direct digital origination via mbfs.com and a Mercedes-Benz Finance mobile app.
MBFS's product suite centers on the registered First Class® trademark family: First Class Lease® (terms of 24–60 months, mileage options of 7,500 to 20,000 annually, no security deposit required), First Class Financing® (retail installment contracts), and First Class Finish® (lease-end transition). These core finance products are augmented by protection offerings including GAP Waiver and Mercedes-Benz Insurance backed by Liberty Mutual in the U.S. and Zurich Australia's Elite Motor Insurance in Australia. Revenue is generated through interest charges on retail installment contracts, lease payments (including residual value management and end-of-lease charges), embedded insurance commissions, and transaction fees — including a convenience fee structure for credit/debit card payments via third-party processor REPAY.
The business operates a hybrid segmentation model: individual consumers purchasing or leasing new and certified pre-owned Mercedes-Benz vehicles (primary), affluent buyers of integrated insurance products (secondary), and authorized Mercedes-Benz dealers (B2B). MBFS holds a 50% market share of Mercedes-Benz car financing in India through its wholly owned subsidiary MBFSI, and is the leading premium-segment provider in the U.S. as measured by the 2025 J.D. Power Automotive Financing Satisfaction Study. The company faces material regulatory exposure from the UK FCA's £9.1 billion motor finance redress scheme, against which MBFS is pursuing a legal challenge alongside other industry participants.
Mercedes-Benz Financial Services firmographics
Firmographics- Name
- Mercedes-Benz Financial Services
- Legal name
- Mercedes-Benz Financial Services USA LLC
- Website
- https://mbfs.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Mercedes-Benz Financial Services is the captive finance subsidiary of Mercedes-Benz Group AG, providing retail auto loans, leases, insurance, and GAP protection exclusively through the authorized Mercedes-Benz dealer network across the United States, India, Australia, and the United Kingdom.
- Ownership category
- akta.pro rank
Mercedes-Benz Financial Services industry classification
Industry- Product category
- Consumer Auto Financing
- NAICS
- Passenger Car Leasing (532112), Passenger Car Rental (532111), Automotive Equipment Rental and Leasing (5321), Passenger Car Rental and Leasing (53211)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- New & Used Auto Purchase Loans (FSAKADAA)
- akta.pro secondary industries
- Auto & Vehicle Leasing (Personal Use) (FSAKANAA), Vehicle Protection & Add-on Product Financing (Warranties, GAP, Service Plans) (FSAKADAL), Gap Insurance (Auto Loan/Lease) (FSAJAAAK)
Keywords
Where Mercedes-Benz Financial Services is headquartered
LocationHeadquarters
- HQ city
- Farmington Hills
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Mercedes-Benz Financial Services business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Auto Retail Financing: Revenue generated from retail installment contracts where customers finance Mercedes-Benz vehicle purchases. Interest charges and fees are assessed on the amount financed, which includes vehicle price, taxes, title, registration, and other costs.
- Vehicle Leasing: Revenue from lease agreements where customers pay monthly payments for vehicle usage over specified terms. Includes depreciation, residual value management, and end-of-lease charges such as excess mileage and wear-and-use fees.
- Embedded Insurance Products: Revenue from insurance products embedded in vehicle purchases, including Mercedes-Benz Elite Motor Insurance partnership with Zurich Australia and Mercedes-Benz Insurance backed by Liberty Mutual in the US.
- Payment Processing Fees: Convenience fees charged for credit/debit card payments processed through third-party provider REPAY.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | First Class Lease with 7,500 mile annual allowance |
| Subscription | Monthly | First Class Lease with 10,000-15,000 mile annual allowance |
| Subscription | Monthly | First Class Lease with 20,000 mile annual allowance |
| Subscription | Monthly | First Class Financing retail installment |
| One time/ perpetual license | Pay-as-you-go | Single-Pay Lease |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Mercedes-Benz Financial Services product offering
Product offeringCore offering
Mercedes-Benz Financial Services is the captive financial services arm of Mercedes-Benz Group AG, providing retail auto financing, vehicle leasing, and embedded insurance products exclusively for Mercedes-Benz vehicle customers in the United States. The company offers installment loans, lease agreements (First Class Lease), lease-end services (First Class Finish), GAP protection, and motor insurance (backed by Liberty Mutual) through authorized Mercedes-Benz dealers and digital channels including mbfs.com and a mobile application.
Product overview
Mercedes-Benz Financial Services offers a unified financial services platform centered on its First Class® suite of products — First Class Lease®, First Class Financing®, and First Class Finish® — which together cover the complete vehicle ownership lifecycle from acquisition through lease-end. The core lease and finance products are supplemented by protection offerings including GAP Waiver and Mercedes-Benz Insurance (underwritten by Liberty Mutual), while the digital experience is delivered through mbfs.com (the customer web portal), the Mercedes-Benz Finance mobile app (iOS/Android), and an online credit application platform. All products and services are designed exclusively for Mercedes-Benz vehicle customers and dealer partners.
Differentiator
Problem solved
Functional benefit
Brands
- First Class Lease: Mercedes-Benz Financial Services' exclusive lease program featuring no security deposit requirement and First Class Finish lease-end process.
- First Class Financing
- First Class Finish
Products and services
- First Class Lease
- First Class Financing
- First Class Finish
- GAP Waiver
- Mercedes-Benz Insurance
- Mercedes-Benz Elite Motor Insurance
Quantifiable outcome
- Ranked #1 in J.D. Power 2025 U.S. Automotive Financing Satisfaction Study in the premium segment
Companies that use Mercedes-Benz Financial Services
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Mercedes-Benz Financial Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
Mercedes-Benz Financial Services partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Zurich AustraliacoreZurich Australia and Mercedes-Benz Financial Services launched Mercedes-Benz Elite Motor Insurance, embedding bespoke motor cover directly into the vehicle purchase and ownership experience. This represents a shift away from traditional broker distribution toward embedded insurance products at the point of vehicle sale.
- Liberty MutualcoreMercedes-Benz Insurance is backed by Liberty Mutual and designed specifically for Mercedes-Benz vehicle owners, providing coverage ready for whatever lies ahead. Partnership provides integrated insurance offering within MBFS customer ecosystem.
- LanguageLine SolutionsminorMBFS partners with LanguageLine Solutions to provide language support in more than 200 languages for customers with limited English proficiency who request to converse in languages other than English or Spanish.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Mercedes-Benz Financial Services competitors and assessment
Company assessmentDirect peers
- BMW Financial Services: BMW's captive finance arm offering leases, loans, and insurance for BMW vehicles. Closest direct peer to MBFS given parallel captive model, premium positioning, and similar US/international footprint.
- Audi Financial Services: Volkswagen Group's captive finance provider for Audi, offering retail financing, leasing, and protection products through Audi dealers in the US. Direct peer in the premium captive auto finance segment.
- Lexus Financial Services: Toyota's captive finance arm dedicated to the Lexus brand, providing leases, loans, and protection products through Lexus dealers. Comparable as another premium-segment captive lender competing for similar affluent customers.
- Volkswagen Financial Services: VW Group's captive finance company covering multiple brands across markets. Directly comparable to MBFS as a peer captive lender; notably a co-litigant with MBFS against the FCA UK motor finance redress scheme.
- Volvo Car Financial Services: Volvo's captive finance business in the US offering retail financing, leasing, and protection products through Volvo dealers. Comparable as a smaller-scale premium captive lender serving a luxury OEM with similar EV transition exposure.
Broad incumbents
- Mercedes-Benz Mobility / Daimler Mobility AG: Parent-level captive finance and mobility services entity of Mercedes-Benz Group AG, of which MBFS USA is a subsidiary. Operates broader fleet management, mobility platforms, and finance across multiple regions.
- GM Financial: General Motors' captive finance company offering retail lending, leasing, and dealer financing at massive scale across multiple brands. Broader incumbent in the captive auto finance category but with mass-market rather than pure-premium focus.
- Ford Motor Credit Company: Ford's captive finance arm providing retail and dealer financing. Comparable as an established broad-incumbent captive lender with similar origination, lease, and dealer floor plan operations, though focused on mass-market brands.
- Toyota Financial Services: Toyota's broader captive finance business covering Toyota, Lexus, and other brands across multiple markets. Operates at scale similar to MBFS parent-level, with comparable lease, loan, and protection product offerings.
Emerging players
- Genesis Finance (Hyundai Capital): Captive finance provider for the Genesis luxury brand, operated through Hyundai Capital America. Emerging premium-segment captive lender competing for similar affluent buyers with newer leasing and retail finance programs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mercedes-Benz Financial Services social profiles
Digital presenceMercedes-Benz Financial Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mercedes-Benz Financial Services leadership team
Management profileNumber of profiles
Profiles3 records
Mercedes-Benz Financial Services subsidiaries and ownership
Company hierarchySubsidiaries1 record
Mercedes-Benz Financial Services funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mercedes-Benz Financial Services M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mercedes-Benz Financial Services
What does Mercedes-Benz Financial Services do?
Mercedes-Benz Financial Services is the captive financial services arm of Mercedes-Benz Group AG, providing retail auto financing, vehicle leasing, and embedded insurance products exclusively for Mercedes-Benz vehicle customers in the United States. The company offers installment loans, lease agreements (First Class Lease), lease-end services (First Class Finish), GAP protection, and motor insurance (backed by Liberty Mutual) through authorized Mercedes-Benz dealers and digital channels including mbfs.com and a mobile application.
Is Mercedes-Benz Financial Services a public or private company?
Mercedes-Benz Financial Services is a private company. It is classified as corporate owned and is currently operating.
When was Mercedes-Benz Financial Services founded?
Mercedes-Benz Financial Services was founded in 2019. It employs 5,001 to 10,000 people.
Where is Mercedes-Benz Financial Services based?
Mercedes-Benz Financial Services is headquartered in Farmington Hills, United States, in the North America region.
How does Mercedes-Benz Financial Services make money?
Four revenue lines are on record. Auto Retail Financing is the primary driver. The others are vehicle Leasing, embedded Insurance Products and payment Processing Fees.
Who are Mercedes-Benz Financial Services's main competitors?
Direct peers on record are BMW Financial Services, Audi Financial Services, Lexus Financial Services, Volkswagen Financial Services and Volvo Car Financial Services. Broad incumbents are Mercedes-Benz Mobility / Daimler Mobility AG, GM Financial, Ford Motor Credit Company and Toyota Financial Services. Genesis Finance (Hyundai Capital) is listed as an emerging player.
Does Mercedes-Benz Financial Services have an API?
No public API is recorded for Mercedes-Benz Financial Services.
What industry is Mercedes-Benz Financial Services in?
Mercedes-Benz Financial Services's product category is Consumer Auto Financing. Its primary akta.pro industry code is FSAKADAA, New & Used Auto Purchase Loans, with a secondary code of FSAKANAA, Auto & Vehicle Leasing (Personal Use). Its NAICS code is 532112 and its SIC code is 7510.