First Time Buyer Program
Ladies & Gentlemen,
Mazda Canada Inc., in partnership with the Bank of Nova Scotia, is pleased to announce the launch of the First Time Owners Program – an industry first! This program applies to new Mazda2 and Mazda3 vehicles, allowing First Time Owners (those customers with no prior automotive finance history) and Gen-Y customers the ability to finance their new Mazda through Scotiabank and receive a $500 discount from their purchase! This program can even be used in combination with all other incentive programs (excluding owner loyalty programs and the Mazda Graduate Rebate).
First Time Owners Program guidelines are as follows. Please note that ALL conditions must be met to qualify.
- No prior auto finance experience
- Term maximum 72 months for retail loans
- Maximum monthly payment is $500/month
- Down payment minimum $1,000 for retail financing*
- Customer must have no derogatory credit prior to application for credit
- Minimum full-time employment period of 6 months
- Proof of income is required
- Proof of insurance is required
- Maximum125% Loan to Value
