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Financing


Whether you are buying your first car, a second vehicle for the family, a run around car for the kids, a truck to pull your camper, the sports car you've always dreamed of ... new or pre-owned, it doesn't matter ... we've got the best financing options available for you. Our experienced staff will work for you to find your best deal!!

Have you had credit problems in the past? We understand good people can end up in bad situations and we want to help. Our Special Finance staff will assist you in picking out a vehicle to fit your needs and budget, as well as, secure a loan that will start you on your way to rebuilding your good credit.

The first step is to complete our finance form. One of our financial professionals will help you find the right financing for your budget and lifestyle.
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Financing Navigation

Contact Information

Daytona Mazda

1320 N. Tomoka Farms Rd.

Daytona Beach, FL 32124
workSales:
866-916-4085

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.