Mazda Australia launches Guaranteed Future Value Program

All new Mazda vehicles and showcase vehicles are eligible for the Mazda Assured program.

Mazda Australia has launched its Guaranteed Future Value (GFV) scheme, dubbed Mazda Assured, which guarantees the car's buyback value at the end of the loan term.

It works like this: the customer will need to choose a loan term (between one and four years) for a new or demo Mazda vehicle, as well as estimate the number of kilometers they will drive.

Mazda will then provide the vehicle's GFV as well as a customized repayment plan.

At the end of the loan period, if the car meets Mazda's fair wear and tear conditions and the agreed mileage, customers can either pay the GFV to keep the car or use the amount to trade in for another car.

Mazda Assured is available on all of the brand's new and showcase vehicles, including the recently launched CX-30 small crossover, next-generation Mazda3 and the CX-5 midsize SUV.

The Guaranteed Future Value Program differs from a standard lease in that the latter has a variable lump sum payment at the end of the loan, while the former is set from the start.

Mazda's new scheme complements its customer-centric programs, including a five-year unlimited mileage warranty introduced in August 2018 and Mazda Finance's rollout early last year.

Mazda Australia CEO Vinesh Bhindi said: “Customers are at the heart of Mazda's business and Mazda Assured is another product designed with customers in mind.

"We understand that our customers' lifestyles change more often than they can change their car to suit their tastes - whether it's having children or a new job," he said.

"Mazda Assured allows them to own a new Mazda more often and be better suited to their personal circumstances."

Other brands with similar future value programs include Volkswagen, Audi, Toyota, BMW, Mercedes-Benz and Lexus.