For zero percent interest? The best deal would be to put little or nothing down, invest your ten grand and finance the entire lot. If you're running short any given month due to the higher monthly payout, dip into your investment. :)

That would be the best bet, but I do need to keep my monthly payments down since I am still paying off student loans. I have a limited budget that I need to keep to.

Another option would be this car in Orlando.
2005 Used Mazda MAZDA3 s Grand Touring at EPay Motors Serving Orlando, FL, IID 7054334

I have the price quoted at $10,400 out the door. Which is within my budget. It isn't a manual, so I am worried I wouldn't have fun. But it is something I can afford now and would have no payments per month.

Thanks everyone for all the help.

Which particular model are you looking for? You can definitely buy the car lower than invoice. Research the invoice price for that particular model.

I am looking at the Mazda3 S Sport 4-Door.

It invoices at $18,303 on Edmunds.
KBB invoices it at $19,098.
NADA invoices at $19,098.

if your getting the 05 id try to go a little lower on price i paid 10,100 for mine and its An 06 MTX black mica with sunroof and rear spoiler personally i dont like the gray its kinda plain and boring but thats just my opinion

if i were you id try for atleast 10 out the door

What I have been told is the invoice prices have increased because of the slower manufacturing of the vehicles from the Tsunami crisis in Japan. Correct me if I am wrong.

So I ended up not purchasing the 2011 Mazda 3 S. I bought for around 10,200 a 2005 Mazda3 S Grand Touring with 68000 miles on it.

I am happy with my decision and I like the car a lot. I will now start saving for another car since I do not have any car payments.

Congrats!

You can also start saving to modify your current car :)

at 0% the factory pays the dealer $200 in dealer cash.......holdback is 1% of msrp, plus the dlr receives about another $1100 credit on their parts statement on the sale of an S Sport........you should be able to buy an sSport or an iSport @ 0% for about $800 below invoice - especially tomorrow with dealers (and sales managers) trying to scoop up the factory grease for hitting their sales goal....