Should I buy a Mazda 3 on 0 per cent finance?

Having tested a Mazda 3 2.2 diesel I was planning to buy the vehicle outright from Perry's. However, they have offered 0 per cent finance based on paying half the cost of the car upfront, and this is on an already discounted price. I am keen to accept the finance, but are there any drawbacks?

Asked on 20 June 2010 by Ticker

Answered by Honest John

What are your prospects of paying it off? If extremely solid I can't see a reason not to go for this. Buy some GAP insurance from an independent insurance broker. The dealer will probably try to sell it to your for about £350. From an independent it should be about £100.

Tags: gap insurance finance

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