The Rising Star Program

The Rising Star Program A-Class, CLA, E-Class Cabrioolet

 

Opportunity Awaits!

The future is uncertain, but that doesn’t mean you can’t have security. Mercedes-Benz of Selma offers four distinct paths to assist customers who have minimal credit histories with the purchase or lease of a Mercedes-Benz or smart vehicle. Whether you are a first time buyer, a student, a military member, or a recent college graduate in the San Antonio, Cibolo, or New Braunfels area, we have a path for you. If this sounds like your current situation, read on.

Which path are you on?

  • Military

    Geared toward those currently serving U.S. Military, Reserve, or National Guard and no car credit.

    Proof of U.S. Military, Reserve, or National Guard Enrollment

    Military ID Card (for dealer’s records only, do not forward to MBFS)

    Proof of Income

    Most recent pay stub-or-

    Last three months bank statements

    Payment to income not to exceed 20% of Gross Monthly Income

    Advance Requirements

    Amount Financed or Capitalized Cost not to exceed $50,000

    Advance within standard guidelines for approved tier

    Credit Requirements

    24 months of established tradeline credit history on file*

    No derogatory credit history, including public records or collections

  • Student

    For those local and international students needing a path toward approval.

    Name of College/University

    Must be an accredited four-year College or University -or

    Accredited Graduate Program -or

    Accredited Registered Nursing Program

    Proof of Enrollment

    Official Transcript -or

    Letter from Registrar’s Office

    Program Requirements

    Term cannot exceed F1 Student Visa expiration

    Expired F1 Student Visa okay with 1-20 documentation demonstrating length of stay greater than term

    Proof of Income

    Last three months’ bank statements showing sufficient cash flow to support payment/debt

    Advance Requirements

    Amount Financed or Capitalized Cost not to exceed $50,000

    Advance within standard guidelines for approved tier

    Credit Requirements

    No derogatory credit history, including public records or collections

    Cap Reduction/Security Deposit

    20% Cap Reduction

    10% Security Deposit

  • First Time Buyer

    (New or Pre-Owned) A great option for those with limited credit who do not require a high amount of finance.

    Proof of Income

    Most recent pay stub-or-

    Last three months bank statements

    Advance Requirements

    Official Transcript -or

    Letter from Registrar’s Office

    Proof of residency 

    Three verifiable personal references

    Credit Requirements

    24 months of established tradeline credit history on file*

    No derogatory credit history, including public records or collections

  • College Graduate

    Geared toward those with a degree, no car credit and now progressing in their career.

    Name of College/University

    Must be an accredited four-year College or University -or

    Accredited Graduate Program -or

    Accredited Registered Nursing Program

    Proof of Enrollment or Graduate Status 

    Proof of graduate status (Copy of Graduate’s Diploma or Official Transcript) -or-

    Letter from Registrar’s Office stating intent to graduate within the next 6 months

    Proof of Income

    Most recent pay stub-or-

    Last three months bank statements

    Advance Requirements

    Amount Financed or Capitalized Cost not to exceed $50,000

    Advance within standard guidelines for approved tier

    Credit Requirements

    24 months of established tradeline credit history on file*

    No derogatory credit history, including public records or collections