Hi everyone,
My brother is Edmonton needs a fuel efficient and reliable car asap and needs your guidance.
I recommended him a 2008.5MY Mazda 3 Sport GX w/ Comfort pkg.
Although he has some cash for down payment, I told him not to put any money down since Mazda has 0% financing at the moment. (He will be financing)
He'll get $500 off as he just finished teacher's college at U of Alberta.
He doesn't like the idea of a lease since he plans to drive thecar for a long time and he would prefer to stick with Japanese for reliability and potential resale issue should he change his mind about keeping the car for a long time.
So as for pricing, with Auto, A/C, and Comfort Pkg., it comes to $23,714.25 after taxes and the $500 grad discount. Which comes to $388/mo. w/o down payment)
Do you guys have a better suggestion as for a choice of a vehicle in terms of his preferences and price range? (He wants to keep the monthly payment under $400.)
Thanks in advance for all the help!