Buying a new car is exciting. From picking the perfect model to going on a test drive, the car-buying process can be a lot of fun. But before you get behind the wheel of a new Mazda car, it is a good idea to plan your monthly payments and set a car budget. This will help you determine the price of a Mazda vehicle that best suits your needs.  

What to Keep in Mind When Planning Your Payments 

Unless you are buying a car outright, you will most likely pay monthly payments. Most financial experts agree that it is smart to spend less than 10% of your monthly take-home pay on your car payment. However, only you know your other expenses and overall financial situation. Dont forget that your monthly car payment wont be your only auto-related expense. You may also have to budget for things like car insurance, gas, repairs and maintenance, and car tax.  


Your monthly payment amount will be based on a few factors, including the price of your Mazda car, loan amount, APR, and loan term. One big factor that will affect your monthly payments is the interest rate. Those with good credit are able to secure loans with lower interest rates. Even if you have less than perfect credit, you can still secure an affordable car loan.  


The car financing process can be confusing, especially if you are a first-time car buyer. But do not worry; our Mazda finance experts will help you through every step of the process. Well help you determine your estimated monthly payment amount and help you find the best financing agreement to suit your needs and budget. From deciding to lease or buy to finding an affordable monthly payment option, you can count on our Mazda dealers in Asheville, NC to answer all of your questions.

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