Apply For a MortgagePublished: February 7th, 2012 • Last Updated: January 7th, 2021
Author: Ross Taylor on AskRoss.ca
How to get a new car for dealer cost and with low interest!
Last week my daughter Natasha picked up her brand new pearly white Mazda 2 from Avante Mazda in Richmond Hill. She has been nursing an older, but reliable 2004 Elantra since graduating from WLU almost three years ago, and finally decided she deserved a treat on wheels.
Having had such a positive experience a few months ago with Anne-Marie Loparco, the sales manager, and Lorrie Kwong, the dealership’s business and finance specialist, it was natural we go back to Avante and buy from there – especially knowing in advance there would be no stress, no haggling – just great friendly service at a very fair price.
I am an Automobile Protection Association (APA) member, and regular readers will know I believe this is absolutely the only way you should buy or lease a new vehicle. Avante is an authorized APA dealer, so we knew from the get go we would be given their best and fairest deal right from the outset.
On top of this, there were two major bonuses. Because Natasha is a recent university graduate, Mazda will give her a $500 rebate – thus reducing the price of her new car to exactly dealer cost – with zero mark up.
Furthermore, as this is now the second Mazda vehicle in our family, Mazda drops 2% off the already low lease rate – so Natasha’s lease rate is only 0.9%.
Hard to see how she can go wrong – driving a brand new 2012 vehicle with no down payment and a base monthly payment of $252 – including taxes!
You should get some of this, people!
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Ross Taylor
One of Toronto/GTA's Most Trusted and Knowledgable Mortgage Agents
Ross Taylor is recognized by his peers as one of Canada's pre-eminent difficult mortgage specialists. His ASKROSS blog and column in Canadian Mortgage Trends are focused on the intersection between mortgage financing and personal credit.
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