MAZDA Financing Frequently Asked Questions (FAQ)

The Mazda financing journey may feel overwhelming, but at Fields Mazda of Asheville, we'll work one-on-one with your needs to help you find the right vehicle at the right price. Whether you're purchasing pre-owned, trading your car in, or exploring leasing options, we provide the tools and resources you need to get started, and the answers to pressing questions, to give you confidence every step of the way. Let's address some of the most common questions we field at Fields Mazda of Asheville.

How Does Credit Affect Financing?

Your credit score is one of the most important factors available to you during the financing process. It tells lenders how reliable you are to lend money to, which is why drivers with higher credit scores typically have access to better financing terms. A good credit score is especially important when leasing, as you will need a higher score to qualify.

What Are My Financing Options?

You have two main options available to you when financing a new Mazda vehicle: purchasing or leasing. When you lease, you'll have access to the newest models on the market, and you'll save on the down payment and monthly payments. When you buy, you'll have more freedom to drive on your terms, as well as the opportunity to sell your vehicle at the end.

What is Depreciation?

Depreciation is the rate at which a vehicle loses its value. Most vehicle depreciation affects brand-new cars, which is one of the benefits of purchasing a pre-owned vehicle. It's useful to account for depreciation when you buy, so you know what kind of value will be returned to you with a sale or trade-in.

How Much Money Should I Put Down?

One of the most important things to consider when purchasing a vehicle is the down payment. The 20/4/10 rule recommends putting down 20% of the vehicle's value on the day of purchase. It also recommends paying the vehicle off within four years and spending less than 10% of your monthly income on transportation expenses.

What MAZDA Financing Tools Are Available?

You'll find all the tools you need for easy vehicle financing here at Fields Mazda of Asheville, including: 

• Inventory under $20,000
• Specials and deals on cars, parts, and services
• Online finance application
• Kelley Blue Book® Trade-In Value Estimator

Begin Your MAZDA Financing Journey in Asheville, NC

Picking out your next vehicle should be exciting. From leasing options to new car savings to vehicle trade-ins, you'll find everything you need at our Asheville, NC Mazda dealership. Get pre-approved online or schedule a test drive appointment today!