First Time Owner Program
First Time Owner Lease Program
Effective April 2, 2019
Mazda Capital Services is pleased to offer a First Time Owner lease program. This program is intended for first time applicants who may not qualify under standard lease policy due to limited credit. The criteria below can assist in determining who may qualify under this program.
Mazda Drive First Owner Lease
Credit Qualifications:
- Trade lines: From 1-4 trade lines or credit bureau report file time is 25 months or less
- No derogatory credit
Applicant:
- No prior vehicle credit
Vehicle Eligibility:
- New Mazda vehicles
Products, Available Terms & Advance:
Lease Only:
- Max Term up to 39 months
Maximum Capitalized Cost:
- $35,000
Verifications:
- Minimum of 1 year of employment with current employer. We must be able to verify stated income
- Proof of residence
- Proof of insurance