• 955 Woodlawn Rd W, Guelph, ON, N1K 1C9
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  • Home
  • Inventory
    • All Inventories
    • Sold Inventory
    • Featured Inventory
    • Book a test drive
    • Get A Quote
    • Warranty Information
    • Vehicle Locator
  • Trade-In Appraisal
  • Financing
    • Finance Department
    • Payment Calculator
    • Apply For Financing
  • Service
    • Auto Detailing
    • Book A Service Appointment
  • Dealership
    • About Us
    • Reviews
    • Career Opportunities
    • Our Team
  • Blog
  • Contact us

2016 Mercedes-Benz SL550 SL550

VIN #: WDDJK7DA2GF041835

STOCK #: 9322

Window Sticker

$66,995.00

+ Taxes And Licensing
$0.00/Bi-Weekly*

$0.00 downpayment, 0.00% APR for 0 Months.

About this vehicle

  • Odometer: 51,000 KM
  • Body Style: Convertible
  • Exterior Colour: Black
  • Transmission: Automatic
  • Interior Colour: Beige
  • Drive Train: Rear Wheel Drive
  • Doors: 2 Door
  • Fuel Type: Gasoline Fuel
  • Condition: Used

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Vehicle Description

06A        OIL OFFSET AMOUNT +600 ML OIL
197U     OBSIDIAN BLACK
199        MAYBACH BREATHER CAP
1U3        VEHICLE WAXING
212B      OP. INSTRUCT. AND MAINT. BOOKLET-ENGL. FOR USA/CAN
218        REAR-VIEW CAMERA
232        GARAGE DOOR OPENER WITH 284 - 390 MHZ FREQUENCY
233        AUTONOMOUS INT. CRUISE CONT. PLUS (DISTRONIC PLUS)
235        ACTIVE PARK ASSIST
237        ACTIVE BLIND SPOT ASSIST
238        ACTIVE LANE KEEPING ASSIST (FAP)
23P        DRIVING PACKAGE
246        ANALOG CLOCK
249        INTERIOR AND EXTERIOR MIRROR,AUTOMATICALLY DIMMING
264        LICENSE PLATE ATTACHMENT AMERICA
267        MODEL PLATE DEVIATING
285        DRAFT STOP (FABRIC DESIGN)
289        LEATHER STEERING WHEEL WITH TRIM INSERT
294        KNEE AIRBAG
301        ASHTRAY PACKAGE
309        CUP HOLDER
342B      INSTRUMENT CLUSTER/HU LANGUAGE - AMERICAN
35A        VGS D4-0, D3 PATTERN
401        FRONT SEAT CLIMATE CONTROL
403        AIRSCARF SYSTEM AT FRONT
412        GLASS VARIO ROOF
427        AUTOMATIC TRANSMISSION 7-SPEED
432        DYNAMICS SEAT,FRONT LEFT AND RIGHT
460        CANADA VERSION
475        TIRE PRESSURE CONTROL
487        ABC SUSPENSION (ACTIVE BODY CONTROL)
4U6        AIR CONDITIONING WITHOUT DIFFUSE AIR FLOW
500        ELECTRIC FOLDING OUTSIDE MIRROR
518        UNIVERSAL COMMUNICATIONS INTERFACE (UCI)
527        COMAND DVD APS WITH NAVIGATION
536        SIRIUS SATELLITE RADIO COMPLETE SYSTEM
581        AUTOMATIC CLIMATE CONTROL
608        AUTOMATIC HIGH BEAM SWITCH (IHC)
615        BI-XENON HEADLICHT W.ACTVIE CURVELIGHT RIGHT-DRIVE
634        DELETION - FIRST AID KIT
636        DELETION - WARNING TRIANGLE
662        AMG 19" SPOKED WHEELS WITH MIXED TIRES
668        PRODUCT PROT. F FREIGHT PACKAG. W TIE-DOWN HOOKS
6P5        STEUERCODE VERTRIEB FUER CODE 475 ANFORDERUNG
701L      CANADA
731        TRIM PIECES - WOOD BURRED WALNUT VENEER
763        RADIO REMOTE CONTROL WITH PANIC SWITCH (315 MHZ)
772        AMG STYLING PACKAGE-FRONT SPOILER, SIDE SKIRT
7XXL      NORTH AND SOUTH AMERICA
800A      LEATHER/NAPPA/SEMI-ANILINE
801A      LEATHER/NAPPA/SEMI-ANILINE - BLACK/ANTHRACITE
806        YOM 15/1
810        PREMIUM SOUND SYSTEM
871        SENSORS FOR TRUNK LID OPENING/CLOSING
874        AQUABLADE INCL. HEATED WINDSHIELD WASHER SYSTEM
877        AMBIENCE ILLUMINATION
881        REMOTE TRUNK LOCKING
883        POWER CLOSING SYSTEM
887        SEPARATE TRUNK LID LOCKING
889        KEYLESS - GO
915        FUEL TANK WITH GREATER CAPACITY - VOLUME 2
91U        ROOF INTERIOR TRIM, BLACK FOIL
951        SPORT-PACKAGE USA
97V        SPEED- + LOADINDEX 96Y XL+98Y XL
986        DEVIATING VIN WITH MODEL YEAR
989        IDENTIFICATION LABEL UNDER WINDSHIELD
A20        DIRECT START
A21        SHIFT BY WIRE
A24        JOINT FLANGE, 4-ARM 120
A59        FE TORQUE CONVERTER HOUSING 13.5
A65        FE CONVERTER 13.5 MM
A89        REDUCED-FRICTION
A98        TRANSMISSION SOFTWARE RETROFIT
B03        DIRECT START / ECO START/STOP FUNCTION
B09        REFRIGERANT COMPRESSOR WITH MAGNETIC COUPLING
F231      MODEL SERIES 231
FR           ROADSTER
G909      TRANSMISSION CODE VERSION 09
GA          AUTOMATIC TRANSMISSION
HA          REAR AXLE
J82         FULL-LOAD VENTILATION OM668
J8A         DSM STAR1 FBS4 REMOTE STARTABLE
JVI          PLANT CONTROL CODE
K14        CONTROL CODE FOR SERVICE INTERVAL 20000 KM
L             LEFT-HAND STEERING
M278     V8-GASOLINE ENGINE M278
M46       4.6 LITER DISPLACEMENT
N91        CONTROL CODE BREMEN PLANT
N95        CONTROL CODE BREMEN PLANT
N98        CONTROL CODE BREMEN PLANT
P17        KEYLESS-GO PACKAGE
R01        SUMMER TIRES
R66        TIRE WITH RUN-FLAT PROPERTIES
U10        FRONT PASSENGER SEAT WITH WEIGHT SENSING
U25        ILLUMINATED DOOR SILL
U71        DVD PLAYER WITH REGIONAL CODE 1, USA
VL           FRONT AXLE HALF, LEFT
VR          FRONT AXLE HALF, RIGHT
X00        LEATHER, DESIGNO, UNI-COLOR
X30        DESIGNO PLATINUM WHITE SINGLE-COLOR LEATHER

Custom Features

$66,995.00

+ Taxes and Licensing
$0.00/Bi-Weekly*

$0.00 downpayment, 0.00% APR for 0 Months.

Estimate Your Payments

Reserve Now
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2016 Mercedes-Benz SL550

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Calculate My Payment
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Mo
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Vehicle Price

Vehicle Price $66,995.00

Finance Total $32,900

Finance Payment

Loan Term 0 Months

Interest Rate 0%

Frequency Bi-Weekly

$138 / Bi-Weekly

Payments calculated using this tool are estimates only and do not include applicable taxes, licensing and fees. Actual prices and payment may be different. Financing payment calculations are based on APR, term and on approved credit and not all customers will qualify. This tool should be used as a guide, and all finance terms must be verified before a sale is complete. Visit dealership for more details.

Every reasonable effort is made to ensure the accuracy of the information listed above. Vehicle pricing, incentives, options (including standard equipment), and technical specifications listed is for the 2016 Mercedes-Benz SL550 SL550 may not match the exact vehicle displayed. Please confirm with a sales representative the accuracy of this information.Payment amounts presented are for illustrative purposes only and may not be available. The Estimated Finance Payment amount calculated is based on the variables entered, the price of the vehicle you entered, the term you select, the down payment you enter, the Annual Percentage Rate (APR) you select, and any net trade-in amount. The payment estimate displayed does not include taxes, title, license and/or registration fees. Payment amount is for illustrative purposes only. Actual prices may vary by Dealer. Please contact dealer for actual rates and more details.

Buying a used car is a smart financial decision for many people. It allows you to get a reliable vehicle at a lower cost compared to new cars, while also avoiding rapid depreciation. But buyers’ common question is: Can you finance a used car? The answer is yes! Financing a used car is possible and a practical option for many buyers.

In this guide, we’ll explain everything you need to know about financing a used car, including loan options, eligibility requirements, and tips for getting the best deal.

How Does Used Car Financing Work?

Used car financing works similarly to financing a new car. Instead of paying the full price upfront, you take out a loan and make monthly payments over a set period. The lender provides the funds to buy the car, and you agree to repay the loan with interest over time.

Financing a used car typically involves:

  • Choosing a vehicle that fits your budget.
  • Applying for a loan through a bank, credit union, or dealership.
  • Getting approved based on your credit score, income, and other factors.
  • Making monthly payments until the loan is paid off.

Where Can You Get Financing for a Used Car?

There are several ways to finance a used car, each with its own benefits:

1. Dealership Financing

Many used car dealerships, including S.A.S.S. Auto Group, offer financing options directly to buyers. Dealership financing is convenient because you can choose your car and arrange financing in one place. Some dealerships work with multiple lenders, giving you access to competitive rates.

2. Bank Loans

Banks offer auto loans with fixed interest rates and repayment terms. If you have a good credit score, you may qualify for lower interest rates through a bank. However, banks may have stricter requirements for used car financing compared to dealerships or credit unions.

3. Credit Union Loans

Credit unions often provide better interest rates than banks, especially for members. If you’re part of a credit union, it’s worth checking their loan options before deciding.

4. Online Lenders

Online auto lenders offer quick and easy financing applications, often providing pre-approval within minutes. They can be a good option if you’re looking for flexible terms and competitive rates.

What Are the Requirements for Financing a Used Car?

Lenders consider several factors before approving a loan for a used car. These include:

  • Credit Score: A higher credit score usually results in better interest rates and loan terms.
  • Income and Employment Stability: Lenders want to ensure you can afford the monthly payments.
  • Down Payment: Some lenders require a down payment, which can lower your loan amount and monthly payments.
  • Loan Term: Used car loans typically range from 24 to 72 months.
  • Vehicle Age and Mileage: Some lenders have restrictions on financing older cars or those with high mileage.

How to Get the Best Deal on Used Car Financing

If you want to secure the best financing deal, follow these tips:

1. Check Your Credit Score First

Before applying for a loan, review your credit score. If it’s low, consider improving it by paying off existing debts or making timely payments.

2. Compare Interest Rates

Interest rates vary by lender, so shop for the best deal. Even a small difference in interest rates can save you a significant amount over the life of the loan.

3. Choose a Loan Term That Works for You

A shorter loan term means higher monthly payments but less interest paid over time. A longer term lowers your monthly payments but increases the total interest cost.

4. Make a Larger Down Payment

If possible, put down a larger down payment. This reduces the amount you need to borrow and may qualify you for better interest rates.

5. Get Pre-Approved

Pre-approval gives you a clear idea of how much you can afford before shopping for a car. It also helps you negotiate better terms with dealers.

6. Read the Loan Agreement Carefully

Before signing, read all the terms and conditions, including interest rates, repayment terms, and any additional fees.

Common Myths About Used Car Financing

There are many misconceptions about financing a used car. Let’s clear up a few of them:

Myth 1: You Need Perfect Credit to Get Approved

While a higher credit score helps secure better rates, many lenders offer financing options for people with less-than-perfect credit.

Myth 2: Used Car Loans Have Extremely High Interest Rates

While used car loans may have slightly higher interest rates than new car loans, they are often still affordable, especially if you have good credit.

Myth 3: Dealership Financing Is Always More Expensive

Many dealerships work with multiple lenders to offer competitive rates. Sometimes, dealership financing is just as good or even better than banks or credit unions.

Is Financing a Used Car a Good Idea?

Financing a used car is a great option for buyers who want to spread out payments over time instead of paying upfront. It allows you to afford a better vehicle while keeping your monthly budget manageable. However, it’s essential to choose a loan with favourable terms to avoid paying too much in interest.

Final Thoughts

Yes, you can finance a used car, and it’s a practical solution for many buyers. By understanding your loan options, comparing rates, and making informed financial decisions, you can drive away in a reliable vehicle without breaking the bank.

Buy a Used Car in Guelph with Flexible Financing Options

Looking for a quality used car with flexible financing? Ahttps://www.sassautogroup.com/t S.A.S.S. Auto Group, we make car buying easy with competitive financing options tailored to your budget. Whether you have great credit or need alternative financing solutions, we’re here to help.

Call us today at 519-822-2277 or visit us to buy a Used Car in Guelph and drive home with confidence!

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OUR HOURS

Monday 9:00 AM to 6:00 PM
Tuesday 9:00 AM to 6:00 PM
Wednesday 9:00 AM to 6:00 PM
Thursday 9:00 AM to 6:00 PM
Friday 9:00 AM to 5:00 PM
Saturday 9:00 AM to 3:00 PM
Sunday Closed

Our Contacts

955 Woodlawn Rd W,
Guelph, ON
N1K 1C9

Sales: 519.822.2277

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