Mathematically, it is a no brainier you should take the 0% for 6 years.

Psychologically some people don't want to have too much spare money in their bank accounts as they would be tempted to spend it on some useless things.

E.g. why some people prefer to use no reward debit card or cash instead of putting everything on their credit card with 1-2% cash back.
The credit card is definitely better as you get money back and carry no cost assuming you pay it off on time.
Yet for a lot of people, they wound up spending a lot more if they use credit card instead of pay cash upfront.

Get 0% finance and talk them down 1000$ Price is still negotiate even when your financing

or talk them down $1000 AND Accessories :fullofwin:

Ask for the aero kit for free. Looks so good on a white Mazda 3 gt the hatchback version

Fuck that, you gotta go midnight bet at the craps table.

Whichever OP chooses to do one thing is certain. The answer is found at Parq casino :troll:

At 0% financing you technically get the vehicle for less $$ the longer your term is due to time value of money.

Hello, I currently work sales at a Mazda dealer, I would recommend doing the finance over cash for a Mazda 3 and with $0 down to take advantage of the 0% for up to 72 months. Money you could've put in down payment or cash can be used to invest etc as others mentioned.

The loan is open and can be paid off at any time without penalty, and you can add a lump sum payment onto it at anytime. Let me know if you have any questions

Gotta go for the dragon

Never! Only ever play player crew and only ever go panda!

go buy a used car with actual money that you have saved.

I also did a 0% over 3 years with $500 down and it was great. You're actually lucky you get 0% at 6 years because the 0% has usually been a reward for people who are able to pay the total faster. It was kind of a PITA to pay 1300 monthly but 650 a month would be bearable.

It makes no sense for people to be afraid of financing at 0%. You end up paying less for your vehicle overall (any savings return over 0% is already a better investment) and it doesn't really affect your prospects of getting a mortgage (especially when you consider you have an extra 40k for a down payment). Honestly, I'm more comfortable with financing at 0% than I am with dropping 40k on one purchase.

Funnily enough, I'm looking at Mazda 3 hatch (GS models, but GX will also work) with 0% financing as well. Wanted to ask some questions as well haha. Sorry for hijacking your thread, but this might help you too.

1. Are there good discounts to be had on brand new Mazda 3?

2. I was looking at the pre-owned sections, looks like you can save ~$7000-8000 buying a 2014-2016 year model GS hatchback which runs between $16k to 17k, assuming you get brand new one at MSRP price at $24.5k.

http://openroadmazda.ca/used-mazda-c...6-Mazda-MAZDA3

Yea you do get quite a bit of saving from the first 2-5 years depreciation, but then I was thinking you have to change tires, brakes on a 50000km car too, if not right away, probably pretty soon after buying. then saving on a lightly used model dips to $5500 to $6500, asumming tires + brakes cost you $1500.

Is my math correct? Is that how much you can save buying a 2-5 years old Mazda 3 with around 50k clicks on it? If you can get a brand new car less than MSRP, then you save even less on depreciation probably more like $4000 to $5000.

I thought that depreciation amount isn't that great given it's a 2 to 5 years old car?

wander :)