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Thread: Mazda to join Toyota's finance program

  1. #1
    Registered Member 7eregrine's Avatar

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    Mazda to join Toyota's finance program

    Forgot to mention this: my sales guy at Mazda told me that they are dropping Chase Financial soon (in the US) and are going to go with Toyotas finance program to try and lower rates pretty soon.

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    It makes a lot of sense as Mazda becomes more ingrained in the Toyota family.

  3. #3
    Registered Member Jedi54's Avatar

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    I always worry when the source is a 'sales guy at the dealership'
    But options are good and if this helps new buyers, I'm all for it.

  4. #4
    Registered Member jmhumr's Avatar

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    Quote Originally Posted by Jedi54 View Post
    I always worry when the source is a 'sales guy at the dealership'
    But options are good and if this helps new buyers, I'm all for it.
    It’s in the news. All part of a multi-fasceted partnership they’re pursuing.

    https://www.japantimes.co.jp/news/20...le-loan-units/

  5. #5
    Resident barbarian ColoradoDriver's Avatar
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    Quote Originally Posted by ColoradoDriver View Post
    What does Toyota use?
    Toyota Financial Services, a bank of themselves. They got it like that...lol

  7. #7
    Registered Member TerryLewis's Avatar

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    Quote Originally Posted by 7eregrine View Post
    Forgot to mention this: my sales guy at Mazda told me that they are dropping Chase Financial soon (in the US) and are going to go with Toyotas finance program to try and lower rates pretty soon.
    I've seen the article by Neil Dowling on December 6 (in GoAuto news Premium). Toyota Finance Corporation announced they would buy a 51% share (Mazda holding 49%) in SMM Auto Finance (that provides loan services to Mazda clients). But I assume that will be a positive change for the new buyers.

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    Toyota will be like Nissan in the future, owning 10% of Tesla Corp.

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