MAZDA Financing for Beginners

Buying a brand-new vehicle is a major life decision that takes careful planning and consideration, but it doesn’t have to be stressful when you work with our Mazda financial team. By speaking with our financial experts, you can find a great new vehicle and sign a contract with terms that fit your budget. To get started, visit us at Sansone Mazda today. 

Credit History 

Before you even start looking for cars, it’s a good idea to do a credit check and look at your complete credit history. When you are financing a new car, lenders will consider your credit score to determine how much they’re willing to let you borrow and what the interest rate should be.

Consider Your Budget 

Another important step in financing a vehicle is creating an appropriate budget. Most experts recommend making an initial down payment that covers at least 20% of the car’s total cost. The more money you’re able to put down upfront, the less interest you’ll be paying over the length of the financing contract. You can use our virtual Mazda payment calculator to help plan your monthly costs. 

Think About Loan Length 

When you sign up for an auto loan, you should also consider how long you want the loan to be. Vehicle loans are offered in a variety of lengths that typically range from two to seven years. While longer loans have lower monthly payments, they end up being more expensive over time due to the increased interest. Most experts recommend choosing an auto loan length of around four years. 

Browse Your Options 

Once you’ve decided on a budget and are ready to move forward, the next step is browsing our inventory of new Mazda vehicles. We have a massive range of options that fit a variety of drivers, whether you’re looking for a stylish sedan or an off-road-ready SUV. Be sure to test-drive any models of interest. 

Talk to Our MAZDA Financial Team in Woodbridge, NJ, Today 

If you’re interested in learning more about the car-buying and financing process, contact the team at our Woodbridge, NJ, Mazda dealership. After you’ve selected your favorite model, our team of financial experts can help with the next steps. Schedule an appointment or give us a call today!