Continue the journey with a Mazda Future Value (MFV)*.
Find out more about how Mazda Future Value works and watch this informative video now.
ENJOY THE BENEFITS
HOW DOES IT ALL WORK?
Discover your perfect Mazda from our new range,
and once you are ready to make it yours, all you need to do is follow four easy steps.
CHOOSE YOUR DEPOSIT
or pay no deposit at all, depending on your circumstances.
SELECT YOUR CAR LOAN TERM
between two and four years with your choice of weekly, fortnightly, or monthly repayments.
ESTIMATE NUMBER OF KMS DRIVEN
by the end of your loan term. For example, 20,000km per year would be 80,000km over a four year loan term.
DRIVE AWAY IN YOUR NEW MAZDA
We calculate your MFV* and repayments so you can drive away with confidence.
OPTIONS AT THE END OF YOUR LOAN
TRADE YOUR MAZDA
Find the new Mazda you want and trade your current car in. So you can keep enjoying a new Mazda more often.
KEEP YOUR MAZDA
Love it and want to keep it? Simply pay the final payment – equal to the MFV*. We can also help you with refinancing this amount.
RETURN YOUR MAZDA
If you return your car, Mazda Finance will put the MFV* against your final payment and you’ll have nothing more to pay (subject to fair wear and tear conditions and agreed kilometres being met).
frequently asked questions
Mazda Future Value is a product where the minimum value of your Mazda at the end of your loan term (subject to fair wear and tear conditions and agreed kilometres being met) is agreed when you buy your new Mazda. This means that with Mazda Future Value if you decide to return your car at the end of the loan term, you can feel confident knowing how much your Mazda will be worth to us. You will also enjoy lower regular repayments^ compared to a standard personal car loan as your repayments are based on the value of the car excluding the Mazda Future Value.
We calculate the Mazda Future Value based on market data for similar vehicles to your Mazda. Those vehicles are the same age as your Mazda will be at the end of the loan term and have travelled comparable kilometres to those that your Mazda will have travelled by the end of the loan term based on the agreed kilometre allowance.
With Mazda Future Value, you have the choice of trading, keeping or returning your Mazda at the end of your loan term. If you choose to trade your Mazda, you can discuss new vehicle options with your Dealer. If you want to keep your Mazda, you can pay the final payment equal to the Mazda Future Value† or subject to approval, you can refinance the final payment. If you choose to return your Mazda, you can take advantage of the Mazda Future Value, as Mazda Finance will put this against your final payment. You will then only have the return fee to pay** (subject to fair wear and tear conditions and agreed kilometres being met).
Before the end of the agreed term under your Mazda Future Value Agreement an independent inspector will assess the condition of the vehicle to determine whether there is damage or excess wear and tear. The inspector will determine the cost to repair the vehicle and to reinstate it to the required fair wear and tear standard. You will be advised of the details of the damage and/or excess wear and tear and the associated reinstatement and repair cost. If you choose to arrange your own repairs before returning your vehicle for inspection, these repairs must be completed to a professional standard which meets the required fair wear and tear standard. All documentation evidencing the repairs must be provided. The independent inspector will make the final determination on whether your vehicle meets the required fair wear and tear standard.
Any reinstatement and repair costs remaining following the final determination by the independent inspector will form part of the final payment at the end of your agreement.
Mazda Future Value offers lower regular repayments than a standard loan over the same term. Since your loan interest is calculated on a larger principal amount due to the Mazda Future Value remaining part of the outstanding balance for the life of the loan, the total interest that you will pay over the loan term is higher than that of a similar loan amount and term without a final balloon payment. We recommend that you seek independent financial advice to determine whether this product is suitable for you.
Mazda Future Value is not a lease, it is a loan. You own the car, but Mazda Finance holds a security interest over your car until it is paid off.
Yes. You can settle your car loan at any time. The Mazda Future Value would not be applicable if you choose to sell your car privately (or if you choose to repay your loan early for any other reason).
If you have any more questions, head over to Mazda.co.nz/future-value or talk to your local Mazda Dealership.
* The Mazda Future Value is the minimum value of your Mazda at the end of your finance contract, as determined by Mazda Finance. Mazda Future Value terms and conditions apply. If these conditions are not met, the option to return your vehicle for the future value at the end of your contract may not be available and the outstanding loan will still need to be repaid in full. The information provided in this brochure is general in nature. You should seek your own financial advice to determine whether Mazda Future Value is appropriate for your individual circumstances. Terms, conditions, fees and charges apply to Mazda Future Value products. Mazda Future Value products are available to approved customers of Mazda Finance. Mazda Finance is provided by UDC Finance Limited. Lending criteria, terms and conditions apply to any UDC loan.
^ Lower monthly repayments compared to a similar term with no Mazda Future Value or equivalent balloon final payment. Total interest charges will be higher if Mazda Future Value or balloon final payment is selected.