Mazda Finance Center in Longwood, FL

Deciding which vehicle suits you and your family best is only the first step in acquiring a new car. The next part of the car-buying process is determining the best way to finance your purchase. This can be confusing, so it’s important to have the right information to avoid mistakes that could affect your family’s finances. 

Our Mazda car finance team at Sport Mazda North in Longwood has compiled this guide to help you find the optimal financing solution for your needs and budget. We’ll explain your options and what we can do to assist you.

Why Finance With Sport Mazda North?

Our finance center aims to help our customers find the most cost-effective way to finance their automotive purchase. We understand that this part of the car-buying process can be stressful, so we do our best to make it as straightforward as possible. 

You can start the process by filling out our online financing application before visiting us. It only takes a few minutes to tell us a bit about who you are, your income, and the type of vehicle you’d like to buy, and then you’ll receive a reasonably accurate idea of your financing options. Other benefits that come with using our finance center include:

• It’s possible to apply with bad credit: A less-than-perfect credit score won’t prevent you from financing your new Mazda. We’ll be using our 50 years of experience on your behalf, and we’ll find ways to help you despite situations that may have affected your credit score.
• It’s quick and easy: We understand that the prospect of spending hours in an office and filling in mountains of paperwork is far from appealing. We’ve taken measures to simplify our process as much as possible, and we’ve implemented electronic documents you can sign via your phone and access anytime and anywhere.
• It’s highly convenient: Applying for financing in the same place where you’re buying the car simplifies the process. We’ll make it even more convenient by allowing you to trade in your existing vehicle and get a fair market price, which you can then use as a down payment on your new Mazda.

Comprehensive Financing Options

The two main options for new car buyers are leasing and financing. Let’s explore both.

Dealership Financing Through Local Lending Institutions

Sport Mazda North works with various lending institutions to secure financing for our customers. Multiple lending sources allow us to match you with the financing solution that fits your budget and credit profile. Once you apply for financing, either online or at our dealership, we’ll send your application to multiple lenders and have a response in minutes. Some specific advantages that come with financing your vehicle purchase are:

• You can spread the cost over multiple years: Buying a car with cash can be a major financial hit for you and your family. Taking out a multiyear auto loan can spread that expense over a longer period.
• You can improve your credit score: If your credit score isn’t ideal when purchasing a vehicle, it can improve by the end of your loan term. Paying off every installment on time can positively affect your credit score.
• You can eventually trade the car in: If you decide to get a new vehicle after a few years, you can use the one you’ve financed to cover your down payment. Mazdas are known to be quality vehicles that stand the test of time, so you’re likely to get a good price if you maintain it properly.

Leasing Your Next Vehicle

Leasing is a great alternative to buying a car outright. You drive the vehicle for a set period, usually two to four years, while paying a monthly fee. It can be a cost-effective alternative to financing a car, as it typically involves a lower down payment and lower monthly fees. However, leasing has some limitations, such as returning the vehicle at the end of the lease period; you’re also prohibited from modifying it or driving over a specific per-year mileage limit.

Some advantages that come with leasing a car, besides the lower costs, are:

• You’ll always be driving a new model: Leasing may be appropriate if you enjoy driving the latest models with up-to-date features. Many drivers start a new lease every few years, so they’re always driving new cars.
• You can get higher-priced vehicles: Since the down payment and monthly installments are lower, you can get a more expensive model than with financing within the same budget.
• You won’t be affected by depreciation:  New cars, even reliable models such as Mazdas, lose much of their initial value during their first few years. You won’t be affected by this if you lease.

Finance Your New Mazda at Sport Mazda North in Longwood Today 

You’ve come to the right place if you’re looking for a one-stop shop that can help you from financing your purchase to servicing your vehicle. Our Sport Mazda North team aims to help everyone who walks through our door drive away in their dream vehicle. Actually, you don’t even have to walk through our door — we can deliver your new car to your home or office. Contact us today to learn more, or visit our dealership to browse our selection of Mazdas.