MultiOption Cashplan
The finance plan that helps you to change your car when you want to - without the need for regular instalments.
The benefits
- You can keep your cash in your savings account, earning interest.
- No regular instalments.
- The flexibility at the end of the agreement to choose to keep, return or exchange your Mazda.
- Maximise your purchasing power by delaying some of the cost of the car until the end of your agreement.
- Fewer major service and repair bills because you can change your car more often.
- You're protected against any fall in used car prices by a Guaranteed Minimum Future Value (GMFV).
How it works
- Choose any new or used Mazda. Estimate your annual mileage.
- We estimate the minimum amount your car will be worth once your contract finishes - the Guaranteed Minimum Future Value (GMFV).
- You pay the difference between the price of your Mazda, minus the GMFV, plus any interest, as a one-off, up-front payment.
- Drive away the moment we activate your agreement.
- That's it until the contract ends.
At the end of your contract, you have three choices
- Choose another Mazda
Use any excess value above the GMFV towards a deposit for another Mazda. You can trade in your car at any time or sell it privately having settled your account.
- Return your car
There's nothing more to pay if the car's in good condition and within the agreed mileage.
- Keep the car
Simply pay the GMFV, or, we can finance the GMFV if you wish.
Typical new car example:
| Mazda3 1.6 5dr Takara |
|
| On The Road Price |
£13,595.00 |
| Customer Deposit |
£6,759.00 |
| Amount of Credit |
£6,836.00 |
| Total Charge for Credit |
£0.00 |
| Total Amount Payable by customer |
£13,595.00 |
| GMFV (optional final payment) |
£6,836.00 |
| Contract Term |
12 months |
| Mileage per annum |
12,000 |
| Excess mileage charge |
7.05 ppm |
| Typical 0% APR |
Get a quote
For a quotation please contact your local Mazda dealer who will be happy to help, or view our current promotions and finance examples.
For a written quotation, please contact:
Mazda Credit UK
Central Office
Eagle Way
Brentwood
Essex
CM13 3AR
Retail sales only. Subject to availability at participating dealers, only on vehicles registered between 1 July 2008 and 30 September 2008.
*0% APR Mazda MultiOption CashPlan available on all Mazda3 models over a 12 month term only. GMFV (Guaranteed Minimum Future Value) must be paid if you wish to own the car at the end of the agreement.
Further charges may be made subject to the condition of the vehicle, if the vehicle is returned at the end of the finance agreement. Finance subject to status.
Guarantees/Indemnities may be required. Mazda Credit CM13 3AR.