What is "Auto Show"?
Did you get the deal at an AutoShow?
That looks like a good deal to me.
Yes. Not worried about the rate. It’ll be low enough or I’ll pay it off in a year.
I would rather have the 0% as i can make more money investing my cash, but to each his own. But the bottom line is, if you think it is a good deal, then it is a good deal.
Huh? Sounds like he has an extra $1000 off the deal he can invest with too
Depending on how long the loan is for, 0% is not always the best way to go.
0% is always the best way to go. There is no reason to ever pay 0% off early. At a 3% interest rate I would pay about $2000 to borrow $25,000. I can invest that $25,000 and conservatively average 4-5% over 5 years.
If i pay cash for my car, that $25,000 is not earning any interest. Yes I can replenish it over time, but all the time i am not earning interest. Mazda knows this. It is cheaper for them to offer the buyer $1000 then to offer 0%. They are paying for the use of that money too.
It is hard for most to have the financial discipline to do the 0%. They see the $1000 off and only look at the purchase price. I am by no means wealthy, but letting my money earn interest and using others for free, is very efficient way to see your money grow.
$3500 discount on an 18? Amazing. Grab it.
Gotta be FWD.
Sounds like this assumes you don't actually need to finance, and have the full $25,000 to just invest with instead. (scratch)
Sounds like this assumes you don't actually need to finance, and have the full $25,000 to just invest with instead. (scratch)
Sounds like this assumes you don't actually need to finance, and have the full $25,000 to just invest with instead. (scratch)
$24,100 is a great deal for a 2018. I would jump on it.
I just purchased a 2017 Touring AWD w/Preferred Package (Bose, power lift gate, etc)for $26,500 but I went with the 0% for 60 months. I didn't want the 2018 due to the cylinder deactivation thin but that's just me.
I could have paid off the vehicle in full but I thought, why? Cash is king and I would rather have the cash to invest with rather than sink it all into a vehicle.
2018 CX5 touring with preferred equip package. Eternal blue.
MSRP 28390
Invoice 27646
Discount 1500
Rebate 1000
Owner Loyalty 500
Auto Show 500
Total 24146
Plus TTL