In addition to having a large selection of new and pre-owned Mazda cars here at Tumminia Mazda, we also have an experienced team of finance professionals who can help you with your Mazda financing needs.
Car financing can be a tricky subject, and we would like to answer some of the most common questions that we get about financing.
Q: What is a car loan?
A: While some buyers can afford to pay for a new Mazda car upfront with cash or credit, the majority need to take out a loan. A car loan is a specific amount of money that you borrow from a lending institution in order to purchase a vehicle. At this time, you commit to paying monthly for a specific amount of time until the full amount borrowed is repaid.
Q: What is an interest rate?
A: In addition to paying back the cost of your car each month (an amount known as the premium), you will also have to pay an interest rate.
Your interest rate will be different based on a variety of factors, such as your credit score and the cost of your car. Worried about your credit score? Here at our Olathe Mazda dealership, we work with all kinds of people who have poor credit or no credit and help them get the best possible loan.
Q: How do I apply for financing?
A: We make it easy to apply for a car loan. To get the ball rolling, all you need to do is fill out the finance application right here on our website.
Learn more about car loans by talking to one of our finance reps here at Tumminia Mazda!
