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Mazda finance options

How to get the finance you need for your new Mazda.

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Courtney Allan
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Has the old car you’ve had since you were 16 finally died? Or maybe you’re just ready for an upgrade? Whatever the case, if you’re considering purchasing a Mazda, it’s important to think about your finance options.

This guide will take you through what you need to think about when it comes to financing a Mazda and what your options are.

What's in this guide?

Mazda models available in Australia

There are nine new Mazda models currently available for purchase in Australia, including hatchbacks, sedans, SUVs and a sportscar. These are:

How much does it cost to buy a Mazda?

According to Redbook, the purchase prices of popular 2019 Mazda models are as follows:

  • Mazda 2 Neo DJ Auto: $17,320
  • Mazda 3 Maxx Sport BN Auto: $24,490
  • Mazda 6 6 Sport GL Auto: $33,490
  • Mazda CX-3 Maxx Sport DK Auto: $26,200
  • Mazda CX-5 Maxx KF Auto: $32,380
  • Mazda CX-8 Sport KG Auto: $42,490
  • Mazda MX-5 ND Auto: $36,890

Other costs to consider

  • Servicing and repairs. All cars require ongoing servicing and maintenance to ensure they stay in good working condition. You'll also need to pay for any unexpected repairs for your vehicle.
  • Registration and insurance. You'll need to purchase compulsory third party (CTP) insurance and register your car in order to use it in Australia. There are also a number of optional insurance products to help protect you against theft, fire, accidents and any other damage. The cost of optional insurance will vary based on your specific plan, as well as your driving history, age and gender.
  • Stamp duty. The duty you pay when purchasing a car will differ based on your state or territory. You can use our stamp duty calculator to see how much you'll pay.
  • New car extras. If you plan on getting add-ons such as leather seats or parking sensors, you should factor the cost into your budget.
  • Fuel. Your fuel usage will be determined by the amount you use you car, as well as the fuel efficiency of the model you choose. The ATO classifies a fuel-efficient car as one with a fuel consumption of less than 7L/100km, meaning all current Mazda models can be considered fuel-efficient according to this guideline.
  • Cost of finance. If you take out a car loan or use another form of finance to help purchase your Mazda, you should consider the cost of the loan as part of your overall costs. See below for more information on your financing options.

What type of finance options are available?

You have a number of finance options available when it comes to getting a new car. These include:

  • Secured car loan. A secured car loan requires you to use the car as security against the loan. You'll generally receive a lower rate than on a normal loan, but the lender may take ownership of the vehicle in the event you don't repay your loan.
  • Unsecured loan. If you don't wish to use the vehicle as security, you can opt for an unsecured loan to finance your car. These loans usually have higher interest rates than secured loans and may have lower maximum loan amounts.
  • Novated lease. This involves an agreement between you, your employer and a third-party financier where you pay for your vehicle out of your pre-tax salary. Your employer will be responsible for making the repayments to the lender directly from your salary, allowing you to reduce your taxable income.
  • Commercial hire. This involves you renting the car and having the benefits of ownership without actually owning the car. This can be a good option for business owners and people who want the car but don't want to own it outright.
  • Chattel mortgage. This is a business finance option where a lender loans money to the business for the car and then puts a mortgage on the car, which is repaid over the term of the loan.
  • Dealer finance. Many large carmakers such as Mazda also offer car finance through their dealers. Most dealer finance options require you to make a lump-sum balloon payment at the end of the loan term.

Things to consider before financing a Mazda

Here are a few things to consider before deciding to finance a Mazda.

  • Fees. Make sure you’re aware of all of the fees you may have to pay before applying for a loan. This can include upfront fees, such as application and establishment fees, or ongoing fees such as monthly or annual fees.
  • Loan term. Figure out realistically how quickly you can afford to pay off your loan and find a loan term that meets this.
  • Interest rates. Compare interest rates to find the lowest and best rate for you. This is a crucial detail to look at as this impacts your repayments and the overall cost of your loan.
  • Comparison rate. The comparison rate factors in any additional fees or charges to give you the true cost of the loan. It's always worth finding out the comparison rate when looking at a range of loans.
  • The amount you want to borrow. Different lenders will have different loan amounts they'll be willing to lend. Make sure you find a loan product that meets your borrowing needs.

What you will need to apply for a loan

Eligibility criteria and application requirements differ between lenders, but you'll generally need to meet the following criteria to be eligible for a loan:

  • Be 18 years of age or over
  • Be an Australian citizen or permanent resident
  • Have a steady income that allows you to afford the repayments
  • Be employed in some capacity (some lenders will accept Centrelink applicants)
Finance a Mazda vehicle
Mazda vehicle insurance options

Compare car loans now

Data updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Monthly Repayment View Details CTA
IMB New Car Loan
IMB New Car Loan
4.99%
(fixed)
5.34%
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Go to site
View details
Plenti Car Loan
Plenti Car Loan
From
4.89%
(fixed)
5.44%
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Go to site
View details
Loans.com.au - New and Dealer Used Car Loan
Loans.com.au - New and Dealer Used Car Loan
From
4.67%
(fixed)
5.22%
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
Go to site
View details
NRMA New Car Loan
NRMA New Car Loan
From
4.99%
(fixed)
5.69%
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
Go to site
View details
MoneyForJam Car Loan
MoneyForJam Car Loan
From
3.25%
(fixed)
5.82%
You'll receive a fixed rate from 3.25% p.a. based on your risk profile
Borrow between $5,000 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.
You'll receive a fixed rate from 3.25% p.a. based on your risk profile
Borrow between $5,000 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.
Go to site
View details
Credit Concierge Car Loan
Credit Concierge Car Loan
From
3.85%
(fixed)
4.91%
You'll receive a fixed rate of 3.85% p.a. with a comparison rate of 4.91% p.a.
Get access to over 20 providers to fund a new or used car.

You'll receive a fixed rate of 3.85% p.a. with a comparison rate of 4.91% p.a.
Get access to over 20 providers to fund a new or used car.

Go to site
View details
Wisr Secured Car Loan
Wisr Secured Car Loan
From
4.74%
(fixed)
5.01%
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

Go to site
View details
NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed
From
6.99%
(fixed)
7.91%
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
Go to site
View details
OurMoneyMarket Car Loan
OurMoneyMarket Car Loan
From
5.35%
(fixed)
5.65%
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
Go to site
View details
CUA Secured Fixed Car Loan
CUA Secured Fixed Car Loan
6.79%
(fixed)
7.16%
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
Go to site
View details
Latitude Personal Loan (Secured)
Latitude Personal Loan (Secured)
From
5.99%
(fixed)
7.26%
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
Go to site
View details
Stratton Finance New Car Loan
Stratton Finance New Car Loan
From
3.85%
(fixed)
4.05%
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Go to site
View details
SocietyOne Car Loan
SocietyOne Car Loan
From
6.99%
(fixed)
6.99%
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Go to site
View details
Driva Car Loan
Driva Car Loan
From
3.95%
(fixed)
5.1%
You'll receive a fixed rate from 3.95% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
You'll receive a fixed rate from 3.95% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
Go to site
View details
RACV New Car Loans
RACV New Car Loans
From
4.99%
(fixed)
5.69%
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
Go to site
View details
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Compare up to 4 providers

Compare car insurance side-by-side and get quotes

Data updated regularly
Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2019 Finder Award for the Best Value Car Insurance, this policy offers solid coverage at a low cost plus you will get 15% discount on first year's premium when you take out a policy online. Budget Direct’s claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Get Quote
View details
Bingle Comprehensive
Bingle Comprehensive
Market
Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics, so you don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low.

Who it might be good for: Someone who wants a low-cost option that covers them for the basics.
Get Quote
View details
Coles Comprehensive
Coles Comprehensive
Optional
Agreed or Market
Finder's summary: Coles have two-tiers of comprehensive car insurance to choose from. You'll earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If you're over 30, you can get roadside assistance free for a year.

Who it might be good for: Coles customers and Flybuys collectors.
Get Quote
View details
Poncho Comprehensive
Poncho Comprehensive
Agreed
Finder's summary: Poncho works like a monthly subscription – you pay monthly and can cancel and leave at any time. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household.

Who it might be good for: People who want their car insurance month to month.
Get Quote
View details
Woolworths Comprehensive
Woolworths Comprehensive
Optional
Agreed or Market
Finder's summary: Woolworths catches our eye due to some unique perks like a price-beat guarantee, where it'll beat any current comparable comprehensive renewal notice if you're over 25. You'll also get 10% off your grocery shop once a month and can add roadside assistance onto your policy for just $7.35 per month.

Who it might be good for: Woolworths shoppers and those that want to take advantage of its price-beat guarantee.
Get Quote
View details
Qantas Comprehensive
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to choose how comprehensive you want your cover to be with optional extras like choice of repairer and the option of agreed or market value. Plus earn Qantas Points for joining and paying your premium. Sign up by 2 May 2021, you can earn up to 30,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply.
Get Quote
View details
ahm Comprehensive
ahm Comprehensive
Optional
Both
Finder's summary: ahm comprehensive car insurance lets you choose higher excess to reduce your premiums plus you can get up to 15% off when you purchase a new car insurance policy. T&Cs apply. Additionally, their Fixed Kilometre Plan can save you up to 30% compared to their standard comprehensive cover.

Who it might be good for: People who drive less than 15,000 km per year.
Get Quote
View details
Virgin Comprehensive
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2019 Finder Awards for Best Value Car Insurance, Virgin Comprehensive provides a good level of cover for a decent price. Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs Apply.
Get Quote
View details
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Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

More info
Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

More info
Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

More info
Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

More info

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2 Responses

    Default Gravatar
    maniOctober 4, 2018

    I would like to inquire about the best finance options.

    Reply
      Avatarfinder Customer Care
      JhezOctober 5, 2018Staff

      Hello Mani,

      Thank you for your comment.

      Since you’re on a car loan financing page, I assume that you’re looking for a car loan. You may want to check our list of the latest car loan offers. Please look for a car loan that helps you get the car you want for repayments that are affordable for you and offers you features that meet your needs.

      After comparing the loan products, please click the Go to Site button of the product that you’re eyeing on. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products and ensure that you have met the eligibility criteria and requirements, and if necessary, speak to the lender before submitting an application.

      Should you wish to have real-time answers to your questions, try our chatbox on the lower right corner of our page.

      Regards,
      Jhezelyn

      Reply
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