I am in the market to purchase a Mazda CX 5. Budget was around $20k so looking between 2017 and 2021. I know interest rates on used car are a little high right now. Now Mazda has put out the new promotion of 0% APR for 60 months + no payments for 90 days. Is it better to splurge on that? Just get a 2019 with 30k miles or so for $20k? Thoughts?

  • fediverser@alien.topEnglish
    1·
    11 months ago

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  • PristineArm5528@alien.topBEnglish
    1·
    11 months ago

    No payments for 90 days is like “here, have a string cheese! It’s fun”

    Honestly find a solid older model, lowest mileage possible, and do it. Save money, possibly get dealer covered maintenance and warranty (maybe even a CPO)

    And sell off in a few to 5yrs to upgrade. The market is getting better but still not good

  • 7eregrine@alien.topBEnglish
    1·
    11 months ago

    Don’t leave the 2016 GT off your list. Really good year for them, almost all the tech.

  • CoxHazardsModel@alien.topBEnglish
    1·
    11 months ago

    I was in a similar predicament, I went with the 2018 Touring for $19.5k (43k miles). Mainly because I got a decent deal on it. With the 0% interest I would see what the best OTD price I can get, if dealers don’t budge much lower than MSRP then I’d stick with used. This gen of cars is pretty similar, I don’t think you’ll miss out on much.

  • outofourheads@alien.topBEnglish
    1·
    11 months ago

    Probably better off used if you are trying to keep within budget. S-plan pricing for 2023 CX-5 Standard (lowest trim) is $26,869 before taxes and fees. The only time I would say the new at 0% makes sense is you’re financing $20k at >12% interest rate.