Dealer 1 - Out the door price is $22,500, Mazda financing at 0.9%. I'd probably put an additional $8k down and finance the rest over 48 months, payments around $300/month.
Dealer 2 - Out the door price is $21,500, but I'd have to finance everything at 2.99% over 63 months.
Any suggestions very much appreciated.
Posted May 19, 2021, 8:31 PM UTC
So the dealer is offering it at the excat same price, as mazda offers the 0.9 financing or a 1k rebate. Id take the higher apr with the rebate and pay it off early.
That price seems low. What dealers are giving 4k+ off of a cx5?
This. Where are you finding CX-5s this cheap?
dont answer these questions before they swoop in and steal it from you /s
LOL
Deal isn't that good. If I was getting $4k off I wouldn't even be thinking.
Dealer 1 is at $30,250 before trade-in, taxes, etc.
Dealer 2 is at $29,400 before trade-in, taxes, etc.
Both offering same value for trade-in.
This is also for Carbon Edition CX-5. Dealer 1 MSRP is also ~$300 more because of accessory stuff.
I'm outside Boston, so there's like 6 Mazda dealerships within like 40 miles.
[deleted]
Use a car loan calculator to help you figure out entire price you'll pay.
My suggestion would be to put nothing down on the 0.9% offer. That's almost free money. You could most likely put your $8,000 in some kind of investment that will return a much higher yield.
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