Compare Mazda financing options in September 2018 | finder.com
best cars safest cars

Compare Mazda financing options

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Get the funds you need to finance your new Mazda.

Has the old car you’ve had since you were 17 kicked the bucket? Or are you just ready for an upgrade? Whatever the case, if you’re considering purchasing a Mazda, it’s important to think about your available finance options.

This guide will take you through what you need to think about when it comes to financing a Mazda.

car.Loan.com Car Loans

Our top pick: car.Loan.com Car Loans

Get matched with a local car dealership to finance your car purchase. Bad credit, no credit OK.

  • Specializing in 'buy here, pay here' car loans. No banks or credit unions.
  • Typically hear back from a rep within 24 hours.
  • Free loan-matching service. No obligation offers.

    What type of financing options are available to purchase a Mazda?

    There are a variety of options available when it comes to getting a new car. These include:

      • Secured car loans. This is a loan that uses your newly-purchased Mazda as collateral. The loan amount is usually tied to the purchase price of the Mazda and the title is signed over to you once the loan has been paid back in full.
      • Unsecured loans. These loans usually have higher interest rates than secured loans but the loan amount can also be used for other purchases — such as extras for your car or insurance.
      • Dealer finance. Dealerships may offer lower payments with competitive rates, however, these rates are typically for customers with excellent credit. You’ll also likely need a large down payment if you finance a car through a dealership.

    Compare available financing options for a Mazda

    Rates last updated September 22nd, 2018

    Reveal your potential loan offers and rates

    Answer two quick questions to filter the loan offers and get the best one for you.

    Select your credit score range

    I don't know my credit score

    Finally, select where you live.

    To get your credit score:

    Experian logo

    Experian is a leading provider of personal and business credit reporting. Find out your FICO score now for less than the cost of a cup of coffee.

    Unfortunately, none of the personal loan providers offer loans for that credit score. If you are in urgent need of a small loan, you might want to consider a short term loan.
    Name Product Product Description Minimum Credit Score Term of Loan Requirements
    car.Loan.com Car Loans
    Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
    300
    Varies by lender
    Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
    Auto Credit Express Car Loans
    Get connected with an auto lender near you, even if you have bad credit.
    300
    Typically 3 to 6 years
    Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
    LendingClub Auto Refinancing
    Lower your monthly car payments and save on interest through a fast and easy online application process.
    Fair or poor credit
    Minimum of 2 years
    Car must be less than 10 years old with fewer than 120,000 miles. Current loan must have a balance between $5,000 and $55,000 and at least 24 months left in its term.
    MotoRefi Car Loan Refinancing
    A car loan connection service for borrowers looking to refinance.
    525
    1–6 years
    Must have an income of at least $2,000/month and have a vehicle with less than 100,000 miles.
    myAutoloan.com Car Loans
    Get up to four offers in minutes through one simple application. Multiple financing types available including new cars, used cars and refinancing.
    550
    24 to 84 months
    Must have a Social Security number; make $24,000+/year; have no open bankruptcies.
    LendingTree Auto Loans
    Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.
    670
    Typically 1 to 7 years
    Must be a US citizen and 18+ years old. Must have good to excellent credit.
    Capital One Auto Financing
    You could qualify for a car loan of up to 40000, but not all dealers accept this bank's financing.
    Good to excellent credit
    36 to 72 months
    Valid street address; existing Capital One accounts in good standing. Car must be a 2006 model or newer with less than 120,000 miles.
    Wells Fargo Auto Loans
    Auto loans with high loan amounts to cover your car purchase or refinancing needs.
    Good to excellent credit
    1 to 6 years
    Your income and assets must support your existing debt obligations and the desired loan amount.

    Compare up to 4 providers

    What will a new Mazda cost?

    Although a big part of buying a car is the dealership negotiations, it helps to know the base price of the model you’re looking to get. We’ve collected the MSRP of popular Mazda models to help you walk into the dealership ready to haggle.

    • Mazda 3. With both hatchback and sedan styles available, the Mazda3 is a good choice for people looking for sleek design. The base price is a bit higher than other similar cars, with the hatchback starting at $19,345 and the sedan at $18,095.
    • Mazda CX-3. Considered a favorite by car reviewers, the CX-3 is a classy subcompact crossover SUV. For the base model, you should expect to pay at least $20,110.
    • Mazda CX-5. Mazda made safety a priority with the CX-5. Blind spot monitors and traffic alerts come standard, even at the base price of $24,150.
    • Mazda 6. The Mazda 6 starts at $21,945. This may seem pricey, but that’s because the base model comes equipped with a touchscreen stereo and a review camera, features you’d only find on the more advanced models of other brands.
    • Mazda MX-5 Miata. Possibly one of the most affordable sports cars available, the starting Miata will only cost driving enthusiasts $25,295 — not a bad price to pay for a convertible.

    These prices reflect Mazda’s Sport category. You should expect to pay more for the Touring and Grand Touring categories. Keep in mind that the more features you want you car to have, the pricier it’ll end up.

    What should I know before I finance a Mazda?

    Here are a few things to consider before deciding to finance a Mazda.

    • Fees. Find out about any fees that come along with your potential loan. Upfront fees you could see are application and origination fees, while ongoing fees are monthly payments or any annual fees.
    • Loan term. Loan terms can range anywhere from one to seven years. Figure out realistically how quickly you can afford to pay off your loan and find the loan term that can satisfy your needs.
    • Interest rates. Compare interest rates to find the lowest and best rate. Your interest rate impacts your payments and the overall cost of your loan.
    • APR. Check out the APR on any loans you might be interested in as this gives you more of an idea as to how much the loan will actually cost overall.
    • How much you need to borrow. Keep in mind that the loan amounts vary by lender. When applying for loans, aim for an amount the covers the cost of the vehicle, plus any fees or taxes.

    3 tips when comparing financing options

    • Can you afford it? Make sure monthly loan payments are something you can afford before taking on a loan and getting caught up in the feeling of that new car.
    • Are payments flexible? Make sure the loan you get allows additional payments or early repayment of the loan without penalty — these convenient features can save you money.
    • Do your research. Consider all your available finance options and figure out if you’ve found the best loan option. If you’re not thrilled with the rate and terms, there’s definitely a loan out there that’s more suitable if you look around.

    Costs to consider before applying for Mazda financing

    It’s also important to think about the car’s running costs. Although you might be able to afford the loan payments for the car, you need to factor in costs such as:

    • Gas
    • Oil changes
    • Car maintenance
    • Registration and insurance

    It’s important to factor in these expenses before applying for a car loan. You should also consider whether or not the minimum payments will leave you with enough money to cover other ongoing expenses in your life.

    Frequently asked questions

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.
    Go to site