Whether you are looking for a Mazda SUV or car, our staff at Kings Mazda can help you find the best financing terms for your situation. Whether you are looking for a lease or a loan, we can help with any questions before purchasing a vehicle.
Buying a Mazda
When you purchase a Mazda vehicle, you can finance it with a loan. Typically, you will use the money from a trade-in or a down payment to initiate the purchase and secure the loan. The terms of a loan are typically from four years to seven years, and the payment amount varies with the terms.
Benefits of a Loan
Some other benefits of purchasing a vehicle are owning it outright once your loan is paid off. Also, a Mazda is a great vehicle to pass on to other family members or teenagers once they start driving and your loan is paid off.
The Benefits of Leasing a Mazda
If you would rather lease a Mazda, you'll find many benefits. Many times, having a lease means that you will have a lower payment obligation each month. You also don't have to worry about the down payment being upwards of 20 percent with a lease. The typical first payment is usually the first month's payment, registration, taxes, and title fees.
You can also reap the benefits of low repair costs if any, because there is typically a bumper-to-bumper warranty for leased Mazda. A lease is a great choice if you enjoy driving the latest Mazda with premium technology and safety packages. You can have a vehicle for a small amount of time and then upgrade to a newer version or something different if you'd like to drive several different vehicles before you find the one you like.
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