Once you know that a Mazda vehicle is for you, the next step is to think about the buying process. If you will be financing your purchase, you will need to consider things like your down payment and the length of the loan… but, what about interest? Does Mazda offer 0% financing? Here’s what you need to know from Wellesley Mazda.
No Financing Charges May Be Available
Because the interest on a loan can end up being a large percentage of what you spend on your car, reducing this as much as possible is ideal. When you get to eliminate it completely, that’s even better.
Mazda does often offer 0% financing, but there are some caveats, and generally it is only good for a limited time. Here are three key things to keep in mind about 0% financing.
Eligibility
You’ve probably heard or read promotions that say it is for “well-qualified” customers. This means that in order to be eligible, you would need a high credit score.
Only Certain Vehicles
With 0% financing, you probably won’t have your choice of just any car, as this will only be applicable to specific Mazda models or trims.
Specific Term
One of the benefits of financing is that typically you have a lot of control over things like the loan term. However, with 0% financing, you would need to agree to the number of months included in the promotion.
Contact Wellesley MAZDA with Your Financing Questions
Questions about 0% financing or anything else regarding a loan? Get in touch with Wellesley Mazda. If you’re ready to buy, you can get the financing process started by filling out our online application. We can’t help you find your perfect fit!
