Popular Japanese marque Mazda has today announced the impending arrival of Mazda Finance, its new auto financing arm that aims to make Mazda ownership even easier and more rewarding. The Hiroshima-brand’s new financing arm is the result of a joint-venture with Toyota Finance Australia, reigniting a cooperation between the two firms that has existed for a long time.
“We know that more than two-thirds of new car buyers that look for financing online will refer to manufacturer websites. Mazda Finance is an opportunity to make the purchase process easier, offering tailored solutions that our customers need, in the first place they go looking.” — Vinesh Bhindi, Managing Director, Mazda Australia
Mazda is keen to point out that Mazda Finance, while in cooperation with Toyota Finance, will maintain its own independent board of directors, credit license, sales & management teams, to ensure no conflict of interest. This should see that Mazda Finance operates much like how SMM Auto Finance operated back when it was jointly owned by Toyota Finance, Mazda, Ford, and two financial institutions (before Ford divested in 2009).
More details on Mazda Finance and its upcoming products will be detailed closer to its trading debut in the middle of this year, so be sure to stay tuned to CarShowroom as we bring you more updates as they come.