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730 messages, Last post on May 27, 2009 at 1:27 PM
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Replying to: bodble2 (Sep 28, 2006 10:03 pm) I prefer purchasing rather than leasing. Mazda Canada has had some very interesting purchase financing options, like 0% for 24 months. I bought my Protege5 at 1.9% for 36 months; the cost of borrowing (COB) was under $500. In effect, the interest paid is part of the final price of the car and so it's worthwhile getting the lowest rate possible.
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Replying to: autonomous (Sep 29, 2006 8:39 am) |
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It is a 4dr sedan. Yes, I agree that financing makes more money sense. However, this will be my first long term owned car and I guess I might get some scratches or dents... and I have been a bit unsure of the quality of Mazda, being told by some friends of sad stories of Mazda owners. I have a question about the payment. The total payment should be: Price: 21,400- 438(500 grad discount)= 20,962 buy back value: 10,955 so the lease cost should be (20,962-10,955)= 10,007 Should the lease payment be 10,007*1.15/ 48 and factored the 5.9% in. I know it's more complicated than this due to the interest and monthly payment. However, should it be like that? The final price for the car if I use the buyout later: 327*48=15,696 10,955*1.15=12,598 sum: 28,294 If I buy now: 24,106. It's 4,000 difference...
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Replying to: luco (Sep 29, 2006 3:41 pm) |
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Replying to: luco (Sep 29, 2006 3:41 pm) |
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Replying to: charlie21 (Sep 30, 2006 12:28 pm)
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Replying to: bodble2 (Sep 30, 2006 6:30 pm)
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Replying to: charlie21 (Sep 30, 2006 9:21 pm) |
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Replying to: charlie21 (Sep 30, 2006 9:21 pm) |
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Hi, Sorry to ask a question that's probably been answered somewhere on this site, but I've spent an hour looking with no luck. Does anyone know the invoice price for a MZ3 hatchback GT for a 2007 or a 2006? I'm going to post on the Pricing forum as well, but it seems like it's only US prices there... and I'm in Calgary. Thanks!
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