Browse over 9,000 car reviews

Mazda Australia to introduce guaranteed future value program

Mazda Assured will be rolled out next year to compliment its existing Finance service.

Mazda Australia is planning to introduce its own guaranteed future value scheme for its vehicles in 2020 called Mazda Assured.

The difference between a guaranteed future value program and a lease is that in the latter, the end-of-lease lump-sum payment can vary, whereas with the former, that figure is set from the beginning.

Though full details are yet to be announced, Mazda Australia boss Vinesh Bhindi confirmed the program will roll out next year to compliment the brand’s other customer-focussed initiatives.

In August last year, Mazda introduced in a five-year/unlimited kilometre warranty across its line-up, while an in-house finance service creatively called Mazda Finance was also launched in early 2019.

Expect a few terms and conditions with Mazda Assured though, and if Mazda go down the same path as other manufacturers, that means it will only apply to vehicles bought through its new Mazda Finance service.

Vehicle maintenance will also likely be restricted to authorised Mazda dealerships, while distance travelled could also be limited.

The Japanese brand is yet to detail which models Mazda Assured will be available with, but its line-up includes the Mazda 3 small car, CX-5 mid-size SUV, new CX-30 crossover and BT-50 workhorse.

Of note, Mazda also recently topped the 2019 JD Power Customer Sales Satisfaction Index for the third consecutive year.

Other car brands offering a guaranteed future value include BMW, Volkswagen, Tesla, Audi, Mercedes-Benz, Toyota and Lexus.

Tung Nguyen
News Editor
Having studied journalism at Monash University, Tung started his motoring journalism career more than a decade ago at established publications like Carsales and Wheels magazine. Since then, he has risen through the ranks at GoAuto to Managing Editor before joining the CarsGuide team in 2019 as the newly-appointed News Editor. Since starting at CarsGuide, Tung has spearheaded the push for well-researched and unique stories that will shines a light on the automotive industry for new-car-buying intenders, who might struggle to keep up to date with the fast-paced environment of motoring. The last few years alone have seen an explosion of interest in electric cars, as well as a push for autonomous driving, and as News Editor, it is Tung’s job to stay abreast of all the latest and deliver stories worthy of CarsGuide growing audience.
About Author

Comments