Are you trying to figure out what financing option is best for purchasing a Mazda car? Our Mazda financial experts are here to walk you through the finance process and answer any questions you might have along the way. Allow the team at Sansone Mazda to give you a rundown of the basics.
How To Finance a Car
Financing a car allows buyers to purchase a new vehicle without paying the entire sum. However, auto loans and financing options will differ from person to person and are determined through the following:
- Credit score
- Income
- Debt
- Loan amount
- Loan terms
If you work with the finance team at our Mazda dealership, we’ll be sure to find you the best possible financing options available to you.
Car Financing Options
There are short-term and long-term financing options that are offered to car buyers. The length of the loan will impact the interest rate and monthly payment. If you’re wondering how long you should finance the vehicle, it’s different for everybody, but 36 to 72 months is considered a typical finance length.
Be sure to take note, the longer the loan term, the more you will pay in interest. This means you’ll pay more overall for a new Mazda vehicle than if you were to pay for it upfront. That’s why we recommend paying as much as you can for a down payment. A good rule of thumb is to pay at least 20 percent of the car’s price for a down payment and more if you’re able to swing it.
Contact Our MAZDA Financial Experts
Do you want to learn more about financing a Mazda car? Our Sansone Mazda financiers will answer your questions today. Visit us today!
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