Saturday, April 25, 2009

New Mazda 3



Went down to the showroom today. The 1.6 luxury sedan model costs $69,988, less $1,000 early bird discount if book by tomorrow.

The look and feel is not bad, but I think the price is steep. Have yet to read any reviews though.

I will need to pay another $2,000 odd to the finance company after trading in Elliot. I'm not for increasing my monthly installment of $600. Based on the installment calculator:

- Mthly installment: $625
- Interest rate: 2.5%
- Loan period: 10 years
- Loan amount will have to be $60,000

Which means I need to fork out about $10,000, including the $2,000 to the finance house.

$10K? From where??



Image credit here and here.

Post Date: 27 Apr 09

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