C1 Bank gives a Mercedes-Benz to any customer for $1 million deposit

Article by Christian A., on May 2, 2012

A 2012 Mercedes-Benz will be given as up-front interest payment to any C1 Bank customer who takes out a five-year, $1 million certificate of deposit. C1 Bank, which is based in Florida, just had a recent name change from previously being known as Community Bank. Of course, the customer has to abide by several rules before qualifying to be one of the recipients of the Mercedes.

The Mercedes models that are available to the customers are a 2012 Mercedes SLK350, E350 sedan, ML350, or E350 convertible with a list price of $59,585 (which includes destination and other fees).

According to the bank, its predicted interest rate of 1.20% is equivalent to about $61,294 in interest over the course of the CD. This more than covers the price of the new Mercedes. But the equivalent value of car payments will be reported as taxable income. The customers would also have to maintain a minimum balance of $1 million for the entire five year period of the CD.

There are many criteria that the customers have to weigh before they sign up for this unique offer. But what’s great is that customers won’t have to wait until the CD ends after five years since they can enjoy the financial benefit instantly (with the new Mercedes).

C1 Bank also wanted to emphasize that the brand-new Mercedes given at the outset of the financial deal comes alongside relatively low interest rates even for five-year CDs.

The new SLK’s bespoke body accentuates its classic roadster dimensions with the designers thrillingly spotlighting the effect. The long bonnet is the beginning with a compact passenger cabin set further back followed by a short back end. Potential buyers will be tempted by the SLK’s key classic roaders characteristic attributes that embody the iconic Mercedes-Benz traits.

The first eye-catching feature is the radiator grille that stands proudly and confidently upright in the wind and displays new Mercedes-Benz’s brand. It enables the long, perfectly proportioned bonnet. Its rear contours catch the light, hinting at the roadster's dynamism.

Mercedes-Benz star embosses the wide radiator grille bears prominently in the centre and boasts a strongly contoured front-chromed fin. The headlights are cleanly defined to complete the SLK's new look, which bears a resemblance to the legendary 190 SL from the 1950s, regarded by most as the original SLK.

But the designers did not just focus on the past -- the SLK's front was intentionally designed to create a close visual connection with the new Mercedes-Benz SLS AMG gullwing and the new CLS.

The meticulous details can be measurably proved because, even though it has a more arresting and steep front, the Cd value is down to 0.30 – an amazing accomplishment (the previous model had a 0.32 Cd value).

The side’s timeless classic form with the traditional roadster dimensions expresses the highest level of aesthetics and is a visual pledge of the sporty and pleasurable drive to come. Intricate specifics and quotes display Mercedes-Benz designers’ care. For example, the boot joint is hidden in a fillet so that the side line cannot obstruct, as it would normally with similar designs.

Topics: mercedes-benz

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