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Finance Insurance

Mazda Financial's new tech was beneficial approach

Mazda dealer in South Austin, Texas
Edmunds says the average annual percentage rate on financed new vehicles in the third quarter was 5.7 percent — up from 4.3 percent at the same time last year and up from last quarter's 5 percent. (DAVID PHILLIPS)
JH
By:
John Huetter
May 09, 2022 04:00 AM

SAN DIEGO — Developing a fresh technology platform instead of relying on a legacy system has proven beneficial for Mazda Financial Services as the company plans to focus on tech and data in the future, President Pete Carey said shortly after the lender's second birthday.

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