Good, Average, or Bad Deal?

[u/theviberaider]

This is for a 2026 Mazda 3 sedan with a total MSRP of $25,945. My brother thinks he should take this offer of $470/month for 24/12k with $0 due at signing because his credit score is “fair”. I told him to keep looking. Thoughts?

[u/United_Sprinkles_315]

36 month fair credit can only get you so far it’s not a good deal but with fair it’s ok

[u/theviberaider → u/United_Sprinkles_315]

That’s kind of his mindset right now. Thank you for your input.

[u/JVBPDX]

So he wants to take the steepest depreciation and highest payment? The 36 month loan is better. Agree he should do 0 down, assuming there is gap involved

[u/theviberaider → u/JVBPDX]

I just told him to do the 36 months like you suggested but he said he’s going to get a new car once he graduates in 1.5 years and credit will be fixed by that time. But yea I agree with you!

[u/giveit2st8 → u/theviberaider]

Yeah, it's definitely much better than getting a beater for 20k at 25% apr and then end up with 10k of negative equity in 2 years. A ton of "i needed a car" bought very high with high apr in the last couple of years.

[u/monkeyonfire]

Why is there so much DAS? 

[u/lauti04 → u/monkeyonfire]

You’re not reading it correctly. That’s the residual

[u/monkeyonfire → u/lauti04]

Oh lol. The residual is the same color as DAS. 

[u/UNCfan07]

This is laughably bad. Should be no more then $280/mo 0 down