Fresh from wheels up, Mazda MX5 -- world’s favorite roadster remains true to lightweight, fun to drive formula that sold more than 700,000 MX-5s worldwide since its introduction in 1989. The third generation Mazda MX-5 will be presented in October 2005 at Geneva and Melbourne motor shows. Intensity of spirit possessed by very few sports cars – this was what Program Manager Takao Kijima has in mind when creating all-new Mazda MX-5.

The all-new Mazda MX5 epitomizes Japanese word Jinba Ittai (rider and horse as one).Jinba Ittai is akin to bond between a single-seat formula-car pilot and his racer, which is essence of Zoom-Zoom. The rider-and-horse idiom and effort to create a car universally seen as "lots of fun" served as focal point around new Mazda MX5.

Mazda engineers realize Jinba Ittai concept defined five basic requirements: car would be as compact and as light as possible while meeting global safety requirements; cockpit would comfortably accommodate two full-stature occupants with no wasted space. Meanwhile, basic layout would continue with original’s front-midship rear-drive configuration with engine positioned ahead of driver but behind front axle for 50:50 weight distributions. In addition, all four wheels would be attached by wishbone or multi-link suspension systems to maximize tire performance, road grip and dynamic stability and that a power-plant frame would again provide a solid connection between engine and rear-mounted differential to sharpen throttle response.

Many people finding themselves in this situation discover that financial lessons are sometimes hardest and most expensive to learn. Motorcycle loans of more than 48 months (especially without a down payment) put you in position of owing more than value of bike.

Let’s take a look at this phenomenon.

First, interest calculation your lender uses can make a big difference in your situation, especially in first 18 months. There are two primary interest calculations, pre-computed (combined with rule of 78) and simple interest.

Pre-computed interest combined with Rule of 78, is typically worst situation for a buyer because most of interest is paid in first 24 months. Therefore, in first 24 months little of monthly payment has gone towards paying down principal. If a buyer wishes to sell or trade in motorcycle within this timeframe they will likely find themselves owing more than bike is worth. Statistics show that average owner trades in every 18-24 months.