When you are ready to purchase a new Mazda vehicle, you have many financing options to choose from. At Brown’s Alexandria Mazda, our finance center works with several lending institutions, and we will help you find an affordable financing option so that you can drive home in the Mazda of your dreams. Here are some of your auto financing options:
Direct lending as an auto financing option will provide you with a loan directly from a financial institution, such as a bank. With direct lending, car buyers will make a direct loan agreement before they head to the dealership lot. Once you have agreed to purchase a vehicle at the dealership, the financial institution will send the funds needed to complete the transaction. To repay the loan, you will make a series of monthly payments, which will include monthly interest.
Dealership financing allows you to arrange your auto loan through the dealership, which arranges a financing agreement with an institution on your behalf. When you choose dealership financing, you will benefit from the convenience of completing your car purchase transaction at a single location. Because dealerships often work with multiple institutions, you can also benefit from lower interest rates and more affordable financing options.
Leasing is an affordable option that will allow you to drive home a brand-new vehicle. When you lease, your lower monthly payments will cover rental fees and other costs such as taxes. At the end of the leasing term, you will usually be required to return the vehicle to the dealership, unless you have made a pre-arranged purchasing option.
At Brown’s Alexandria Mazda, our expert financing team will work with you to help you afford the Mazda of your dreams. Our Mazda dealership located in the Washington DC area features an extensive inventory of exciting Mazda vehicles that will add a new thrill to your driving experience. To learn more about how our finance department can provide you with the best payment options, call us at (877) 379-8303.