Finance FAQ


Ultimate new car finance guide

Why is my APR rate so high? Bank loans, on site purchase or setting up payment plans? McDonald Mazda explains.

Financing a vehicle is simply asking the dealership to borrow money and you pay the vehicle back usually with an interest rate that is based on your current credit score. At McDonald Mazda, we work with all types of credit. So whether you have good credit, bad credit and even no credit, we can help you get behind the Mazda of your dreams at the lowest price and interest rate. 

Financing through McDonald Mazda Dealership

Many dealerships have their own finance department which makes it a lot easier on the consumer to finance a car right on the spot. Some dealerships even offer extremely low interest rates such as 0% APR for up to 60 months if qualified.

  • Unlike a financial loan, money is secured against the car meaning you don't own it until the final payment is made.
  • The longer the monthly agreement, the lower the monthly payment, but you'll end up paying more interest than you would if you had a shorter agreement.

Lease, Loans and Personal Contract Plan

The benefits to leasing a vehicle- Personal Contract Plans are similar to hire purchase agreements but typically run for shorter periods of time.

Most PCP plans attach a specific a figure that is based on a forecasted estimate of the car and is based on your forecasted annual mileage.

Your monthly payments are then based on the difference between the forecasted value of the car and the present invoice price, making payments lower for the most part.

At the end of the lease period, the driver then has the option to pay the final installment and take full ownership over the car or pay nothing and start all over again. 


McDonald Mazda South

6100 S Broadway
Directions Littleton, CO 80121

  • Sales: (888) 861-1925
  • Service: (877) 392-4052
  • Parts: (866) 535-9645

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