Reducing the Costs of New Car Ownershipby Steve Cypher on Saturday, February 16th, 2013
A program offered by Mazda dealers could help car buyers with questionable credit that have taken out auto loans save money on routine car maintenance.
Here at Auto Credit Express we realize this because for over two decades we’ve been helping credit-challenged car loan applicants find those new car dealers who can best help them qualify for car loan approvals.
We also know that although only a few of these buyers will qualify, they should be aware of a program offered by Mazda dealers.
The reason the program won’t always apply to approved buyers with poor credit is because:
1. Buyers have to qualify for a new, used or certified used car at a franchised Mazda dealer (which doesn’t always happen) and
2. The vehicles must be a Mazda model
If both these conditions are met, however, Mazda does sell two affordable new cars (and their used counterparts) that would fit the budgets of many credit-challenged consumers – the subcompact Mazda2 and the compact Mazda3.
Both the Mazda Mazda2 and Mazda Mazda3 are recommended cars by Consumer Reports and both these vehicles – either new, used or certified used – are also eligible for a maintenance program offered by Mazda.
Mazda Total Advantage Program
One area buyers with poor credit should pay particular attention to is vehicle maintenance – since in many cases repossession can result from breakdowns due to lack of proper upkeep (who wants to continue paying for a vehicle that doesn’t run?).
The good news is that in July of 2011 Mazda announced the launch of a program for customers of new, used and certified pre-owned Mazda vehicles that it calls the Mazda Total Advantage Program. It involves pre-paying for a program of scheduled maintenance services with the ability to roll the costs program into an auto loan.
According to Mazda, the program offers the “convenience and the value of factory-scheduled maintenance which can result in significant savings over the life of the maintenance plan versus purchasing services separately.”
Mazda also outlined these benefits to customers:
• Protect your investment with the value of Genuine Mazda Parts and Mazda trained technicians
• Guard against rising service costs by locking in the cost of vehicle maintenance
• Financing Options – ability to finance the maintenance cost into your monthly payment
• Provides Genuine Mazda parts, including Genuine Mazda Oil*
• Offers factory-scheduled maintenance services to protect potential resale values
*0w-20 synthetic oil included only for applicable models
As we see it
Unforeseen maintenance expenses can be a problem especially for buyers on tight budgets financing with high risk car loans. By rolling scheduled maintenance expenses into their car payments, buyers won’t have to put them off because they’re short of cash.
Another thing to keep in mind: Auto Credit Express matches applicants that have experienced car credit issues with dealers that can offer them their best opportunities for approved car loans.
So if you’re ready to establish your auto credit, you can begin now by filling out our online car loans application.