Yes. All loans through us are open and there are no penalties to pay them off sooner. There may be a small admin fee from the bank around $35 when you pay off the entire loan.
We will require a driver's license/passport, SIN no. (to identify you individually in the event of conflict of name), proof of income (if requested), employment information (Address and phone number), void check or pre-authorized debit form and proof of current insurance.
Many warranties cover the parts and labor costs involved in fixing unexpected repairs but place the burden of expected maintenance on the customer.
At Gyro Mazda, we will license the vehicle at your convenience. You may pay extra for your sticker and plates on the day.
We currently use Scotiabank for our leasing. The name of the lease company is Canadian Dealer Lease Services. For financing, we primarily use Scotiabank. However, in some cases we may use other financial institutions.
Having bad credit does not automatically decline you for a loan. Our trained finance managers will work with you to get you into a car at a comfortable monthly payment. We welcome clients to apply for credit no matter how bad your credit may be.
It is best practice to always have a co-signor on the application but it is not always required. The benefits of having a co-signor would be owner loyalty discount to both parties in the future, should they wish to purchase another Mazda.
Yes. Every financial institution will require proof of insurance in order for the deal to be funded.
You agree to maintain, service, and repair the vehicle at your own expense. You agree to follow the owner's manual and maintenance schedule and to make necessary repairs. You assume liability for any damage, risk of loss, or destruction of the vehicle during the term of the lease and until you return the vehicle. You also agree to comply with the manufacturer's request in any recall campaign. You agree not to alter, mark, remove, or install equipment in the vehicle without our written consent. All costs incurred in maintaining, restoring, and repairing the vehicle to maintain good working condition and appearance will be your responsibility. Up to date service records will be required upon our request. We maintain the right to inspect the vehicle at any resonable time with due notice and if necessary, undertake to have repairs and/or maintenance completed if we deem it necessary to ensure the vehicle is in good , working order and condition. You will be billed for the cost of such repairs and applicable taxes you agree to pay all such bills on demand. The vehicle's manuals must be returned with the vehicle.
You agree to pay for excess wear and tear as determined by a professional third party appraiser acceptable to us, as designated by The Bank of Nova Scotia including, but not limited to, repair or replacement of: