MX5 Pcp offers
Discussion
Heads up.
Just been checking out the current Mazda Pcp offers on MX5s - the deals seem a no brainer to me if you are in the running for a new Mx5 and your average mileage is less than 9,000...
You can drive out of the showroom with no deposit and 0% finance - cant really see a downside?
Check out the link (no affiliation)
http://www.mazda.co.uk/offers/mazda-mx-5/mazda-mx5...
Mods - hope this doesnt break any rules.
Just been checking out the current Mazda Pcp offers on MX5s - the deals seem a no brainer to me if you are in the running for a new Mx5 and your average mileage is less than 9,000...
You can drive out of the showroom with no deposit and 0% finance - cant really see a downside?
Check out the link (no affiliation)
http://www.mazda.co.uk/offers/mazda-mx-5/mazda-mx5...
Mods - hope this doesnt break any rules.
Downside? Oh yes. 42 weeks 3.5 years and you still owe £5K. For 4 of the monthly payment (1/3 of a year you could buy a decent mk1 (which is a better car), and if you spend £253 on it for the next 38 months, it would be probably be worth more than £5K in parts. But hey, if you want one and you have the money, someone has to buy the future classics. If you buy one now, yours might be my retirement present to myself in about 20 years.
With respect Mr Pod I think you missed the point of my post. 
We are talking here about the opportunity to buy a brand new Mx5, discounted by the manufacturer by over £2,800 from list price, and with zero finance costs to boot! Yes, you would be spreading the purchase cost over 42 months, but at zero percent finance costs that's immaterial surely?
For those of you who dont do links, the facts of the example car costs are as follows:
On the road price of new MX5: £18,495
Less Customer saving: £750
Revised on the road price: £17,745
Mazda pays the deposit: £2,131
Customer deposit: £0
Total to pay £15,614 (over 42 months)
EG. 1 payment of £253.63 plus (41 payments of £253.57) = £10,550 total, + 1 final payment of £4,964 = a grand total of £15,614.
I repeat, that's a brand new Mx5 at £15,614 with zero finance costs whatsoever at a saving against the on the road list price of over £2,800!
Now your argument Mr Pod about buying a brand new car compared to buying a 20-odd year old mark 1 Mx5 with all it's possible issues is hardly a fair comparison is it?
PS. My main car is a 20-year old german one, so I am well used to running older motors!
We are talking here about the opportunity to buy a brand new Mx5, discounted by the manufacturer by over £2,800 from list price, and with zero finance costs to boot! Yes, you would be spreading the purchase cost over 42 months, but at zero percent finance costs that's immaterial surely?
For those of you who dont do links, the facts of the example car costs are as follows:
On the road price of new MX5: £18,495
Less Customer saving: £750
Revised on the road price: £17,745
Mazda pays the deposit: £2,131
Customer deposit: £0
Total to pay £15,614 (over 42 months)
EG. 1 payment of £253.63 plus (41 payments of £253.57) = £10,550 total, + 1 final payment of £4,964 = a grand total of £15,614.
I repeat, that's a brand new Mx5 at £15,614 with zero finance costs whatsoever at a saving against the on the road list price of over £2,800!
Now your argument Mr Pod about buying a brand new car compared to buying a 20-odd year old mark 1 Mx5 with all it's possible issues is hardly a fair comparison is it?
PS. My main car is a 20-year old german one, so I am well used to running older motors!
That is a very good offer.
I bought my new Sport Tech by taking out a £20k personal loan from the bank with £495 per month for four years. At least the car is all mine and I can do as many miles as I want. My final installment is in December thank goodness!
I have done 50,000 miles so far. I plan on keeping the car forever.
If everyone had New POD's attitude they might as well close down the motor industry and stop building cars!
I bought my new Sport Tech by taking out a £20k personal loan from the bank with £495 per month for four years. At least the car is all mine and I can do as many miles as I want. My final installment is in December thank goodness!
I have done 50,000 miles so far. I plan on keeping the car forever.
If everyone had New POD's attitude they might as well close down the motor industry and stop building cars!
That is a good offer! Mazda seem to always have them in August.
I'm just coming up to the end of a 2 year lease deal on my MX-5 and I'm pretty sure I've spent less than I would have done keeping my mk1 on the road and the mk3.5s are much better than the mk1s. If you're not fussed about buying it at the end of the deal, you should be able to get a lower monthly price leasing.
I'm just coming up to the end of a 2 year lease deal on my MX-5 and I'm pretty sure I've spent less than I would have done keeping my mk1 on the road and the mk3.5s are much better than the mk1s. If you're not fussed about buying it at the end of the deal, you should be able to get a lower monthly price leasing.
Boo152 said:
With respect Mr Pod I think you missed the point of my post.
We are talking here about the opportunity to buy a brand new Mx5, discounted by the manufacturer by over £2,800 from list price, and with zero finance costs to boot! Yes, you would be spreading the purchase cost over 42 months, but at zero percent finance costs that's immaterial surely?
For those of you who dont do links, the facts of the example car costs are as follows:
On the road price of new MX5: £18,495
Less Customer saving: £750
Revised on the road price: £17,745
Mazda pays the deposit: £2,131
Customer deposit: £0
Total to pay £15,614 (over 42 months)
EG. 1 payment of £253.63 plus (41 payments of £253.57) = £10,550 total, + 1 final payment of £4,964 = a grand total of £15,614.
I repeat, that's a brand new Mx5 at £15,614 with zero finance costs whatsoever at a saving against the on the road list price of over £2,800!
Now your argument Mr Pod about buying a brand new car compared to buying a 20-odd year old mark 1 Mx5 with all it's possible issues is hardly a fair comparison is it?
PS. My main car is a 20-year old german one, so I am well used to running older motors!
I actually thought about it. I read the figures, and it's a great deal. We are talking here about the opportunity to buy a brand new Mx5, discounted by the manufacturer by over £2,800 from list price, and with zero finance costs to boot! Yes, you would be spreading the purchase cost over 42 months, but at zero percent finance costs that's immaterial surely?
For those of you who dont do links, the facts of the example car costs are as follows:
On the road price of new MX5: £18,495
Less Customer saving: £750
Revised on the road price: £17,745
Mazda pays the deposit: £2,131
Customer deposit: £0
Total to pay £15,614 (over 42 months)
EG. 1 payment of £253.63 plus (41 payments of £253.57) = £10,550 total, + 1 final payment of £4,964 = a grand total of £15,614.
I repeat, that's a brand new Mx5 at £15,614 with zero finance costs whatsoever at a saving against the on the road list price of over £2,800!
Now your argument Mr Pod about buying a brand new car compared to buying a 20-odd year old mark 1 Mx5 with all it's possible issues is hardly a fair comparison is it?
PS. My main car is a 20-year old german one, so I am well used to running older motors!
But I also thought: What if you spent £1000 on the 20 year old version of that, and then saved the £253 in a savings account in case of problems. After 4 years you'd probably spend £2K on extra repairs, but I don't think it has to be much less reliable, and you'd probably still have £8K saved up too.
But yes it is a good deal. Are they VERY desperate? Is there too much competition ?
18,500, discounted to 17,750 for an SE? I know that the list price is around £22k for a sport, but you can get ex-demo and <1000 mile Sports (or equivalent) for much less.
E.g. 2013-plate 2L Sport(based) R/C for £17,500 - http://www.ebay.co.uk/itm/2013-Mazda-MX-5-2-0i-Ven...
The PCP deals are only good if (a) you need the finance or (b) you expect to pay list price.
E.g. 2013-plate 2L Sport(based) R/C for £17,500 - http://www.ebay.co.uk/itm/2013-Mazda-MX-5-2-0i-Ven...
The PCP deals are only good if (a) you need the finance or (b) you expect to pay list price.
sbird said:
18,500, discounted to 17,750 for an SE? I know that the list price is around £22k for a sport, but you can get ex-demo and <1000 mile Sports (or equivalent) for much less.
E.g. 2013-plate 2L Sport(based) R/C for £17,500 - http://www.ebay.co.uk/itm/2013-Mazda-MX-5-2-0i-Ven...
The PCP deals are only good if (a) you need the finance or (b) you expect to pay list price.
I think you have misread my figures.E.g. 2013-plate 2L Sport(based) R/C for £17,500 - http://www.ebay.co.uk/itm/2013-Mazda-MX-5-2-0i-Ven...
The PCP deals are only good if (a) you need the finance or (b) you expect to pay list price.
Total discount is £2,881 including the manufacturers deposit contribution.
So thats a total price payable of £15,614 for a brand new SE car.
And the SE quoted was just an example.
There are hefty discounts on all the Mx5s (if using the finance - which costs nothing anyway) There are also NO penalties for finishing the agreement early.
But you may prefer to pay more for a second hand car?
Bought my last two MX5 on the Internet. Top of the range 2.0 Sport-tech in Pearl White 17.8K
Pay £500 deposit & the balance the day before car is due to be delivered.
8 weeks later car was delivered to my house 10 miles from the dealer. (JCT Bradford - 17 miles on the clock)
Two hours later another guy arrived to take my old Sport tech away as it was a part-ex.
No salesman bulls
t, all done on the Internet in minutes.
They are pre-registered which initially slightly concerned me, but once I had done it I have never looked back
So what, you are the second name on the log book it makes absolutely no difference at trade in time.
Pay £500 deposit & the balance the day before car is due to be delivered.
8 weeks later car was delivered to my house 10 miles from the dealer. (JCT Bradford - 17 miles on the clock)
Two hours later another guy arrived to take my old Sport tech away as it was a part-ex.
No salesman bulls
t, all done on the Internet in minutes.They are pre-registered which initially slightly concerned me, but once I had done it I have never looked back
So what, you are the second name on the log book it makes absolutely no difference at trade in time.
Bought my last two MX5 on the Internet. Top of the range 2.0 Sport-tech in Pearl White 17.8K
Pay £500 deposit & the balance the day before car is due to be delivered.
8 weeks later car was delivered to my house 10 miles from the dealer. (JCT Bradford - 17 miles on the clock)
Two hours later another guy arrived to take my old Sport tech away as it was a part-ex.
No salesman bullst, all done on the Internet in minutes.
They are pre-registered which initially slightly concerned me, but once I had done it I have never looked back
So what, you are the second name on the log book it makes absolutely no difference at trade in time.
Pay £500 deposit & the balance the day before car is due to be delivered.
8 weeks later car was delivered to my house 10 miles from the dealer. (JCT Bradford - 17 miles on the clock)
Two hours later another guy arrived to take my old Sport tech away as it was a part-ex.
No salesman bulls
t, all done on the Internet in minutes.They are pre-registered which initially slightly concerned me, but once I had done it I have never looked back
So what, you are the second name on the log book it makes absolutely no difference at trade in time.
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