# SIGNED - No credit - 2021 CX-5 Touring AWD w/Preferred pkg - $968 DAS + $409/month (incl. tax) **URL:** \ **Category:** Signed Deals & Tips\ **Tags:** suv, ca-socal, mazda\ **Created:** [July 23, 2021, 10:58pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028 "2021-07-23T22:58:29Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 23, 2021, 10:58pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/1 "2021-07-23T22:58:29Z")
I just arrived to the states. No credit history. No US drivers license. I am looking for a car and I am about to close this deal. Should I sign or I am a crazy guy paying so much for a CX5? EDIT: I have signed for a CX-5, with a little better offer, what do you think? Still bad ? I still needed the GAP because could not find a reasonable insurance to work with my situation, so I went with the dealer… with the of course extra cost. Overall I am happy with the deal. Thank you all for your help. Year, Make, Model, and Trim: 2021 Mazda CX-5 Touring AWD w/Preferred package sv MSRP: $32.025 Selling Price: $30.025 ($2.000 off msrp) + $580 GAP + $100 door edge guards Monthly Payment: $409 (incl. 10.25% tax) Drive-Off Amount: $968 Months: 36 Annual Mileage: 15k miles MF: base mf 0.00032 Residual: 58% Incentives: $0 Region: So-Cal - Los Angeles area (10.25% tax) Leasehackr Score: 7 years Leasehackr Calculator Link: [LINK](https://leasehackr.com/calculator?make=Mazda&miles=15000&msd=0&msrp=32025&sales_price=30705&months=36&mf=.00032&dp=13.60&dealer_fee=85&acq_fee=650&taxed_inc=0&untaxed_inc=0&rebate=0&resP=58®_fee=469&sales_tax=10.25&demo_mileage=0&memo=&monthlyTax_radio=true&bmw_demo_25=true) ---
**Author:** ![Nexo917](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/nexo917/32/37192_2.png) [@Nexo917](https://forum.leasehackr.com/u/Nexo917)\ **Post date:** [July 23, 2021, 11:11pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/2 "2021-07-23T23:11:15Z")
That’s a lot for a cx5, even in today’s market. ---
**Author:** ![Mokka17](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mokka17/32/95766_2.png) [@Mokka17](https://forum.leasehackr.com/u/Mokka17)\ **Post date:** [July 24, 2021, 12:31am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/3 "2021-07-24T00:31:39Z")
Yeah this doesn’t look great. Total lease cost is \>50% of the MSRP. Try checking the share a deal section here to see cars that are leasing better than others. If you’re set on a Mazda, check out this deal posted recently: > [@Signed! Mazda CX-30 Premium: $317/month + tax, $900 drive-off](https://forum.leasehackr.com/t/signed-mazda-cx-30-premium-317-month-tax-900-drive-off/374266): > > Thought I’d share my experience trying to hack a deal in today’s market, vehicle shortage and all. I helped a friend find and negotiate a CX-30, and this is what we were able to get: 2021 Mazda CX-30 Premium FWD MSRP: $30,125 Selling Price: $29,825 Monthly Payment: $348 including 9.5% tax Drive-Off Amount: $900 Months: 36 Annual Mileage: 10,000 MF: .00001 Residual: 61% Incentives: $750 Mazda Loyalty Region: Southern California Leasehackr Calculator Link: [CALCULATOR | LEASEHACKR](https://leasehackr.com/calculator?make=Mazda&miles=10000&msd=0&msrp=30125&sales_price=29825&months=36&mf=.00001&dp=38&dealer_fee=85&acq_fee=650&taxed_inc=750&untaxed_inc=0&rebate=0&resP=61®_fee=440&sales_tax=9.5&demo_mileage=0&memo=&monthlyTax_radio=true&bmw_demo_25=true&dealerFee_check=false) I fi… You won’t have loyalty and if you don’t have credit you likely won’t get the same MF, but the higher residual should help a bit. Also don’t put down any more than you need to. ---
**Author:** ![Qbrozen](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/qbrozen/32/40846_2.png) [@Qbrozen](https://forum.leasehackr.com/u/Qbrozen)\ **Post date:** [July 24, 2021, 1:27am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/4 "2021-07-24T01:27:29Z")
Why do you need a car if you don’t have a license? ---
**Author:** ![Jon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jon/32/70934_2.png) [@Jon](https://forum.leasehackr.com/u/Jon)\ **Post date:** [July 24, 2021, 1:35am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/5 "2021-07-24T01:35:53Z")
@Cody_Carter Can a dealer even sell to a person who doesn’t have a US license? ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 24, 2021, 1:42am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/6 "2021-07-24T01:42:30Z")
Lol, I don’t have US license, but you can drive with International/Foreign license in the US for some time at least. Anyway, I will get US license as soon as possible. ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 24, 2021, 1:44am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/7 "2021-07-24T01:44:15Z")
Why would they care. I am already insured by a US insurance company. And I can pay. I’ve heard from some colleagues that they needed someone with US license to drive off the lot. But lease was on their name ---
**Author:** ![thejr91](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/thejr91/32/101754_2.png) [@thejr91](https://forum.leasehackr.com/u/thejr91)\ **Post date:** [July 24, 2021, 3:59am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/8 "2021-07-24T03:59:43Z")
Wowzers, I’ve seen a $54,570 Lexus RX go for this money just a few short months ago. What is happening to our world. > [@2021 Lexus RX 450H 36/10 @ 13% off Pre-incentive - $351 + tax + $2,554 DAS, no MSDs MSRP $54,570](https://forum.leasehackr.com/t/2021-lexus-rx-450h-36-10-13-off-pre-incentive-351-tax-2-554-das-no-msds-msrp-54-570/347259): > > Delighted to add this beauty to the stable last night. The other three we have (2019 Boxster S, 2019 RX350, 2020 M340i) were base MF and ~10% off pre-incentive. So I’m proud to say I managed to crack my ceiling and get to 13% pre-incentive on this one with base MF. Reached out to the 7 dealers in my area. Got 4 no’s, 2 did not respond, and 1 yes. He had the car delivered in under 24 hours from my initial email. I’ll include the email I sent out below in case it’s helpful for you. The only recen… ---
**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\ **Post date:** [July 24, 2021, 8:46pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/9 "2021-07-24T20:46:14Z")
> [@Bafa10](#): > > I just arrived to the states. No credit history Take a small auto loan, buy a used car and build up some credit instead of this atrocious lease. You’ll save on insurance too. ---
**Author:** ![derekoh1991](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/derekoh1991/32/198657_2.png) [@derekoh1991](https://forum.leasehackr.com/u/derekoh1991)\ **Post date:** [July 24, 2021, 10:17pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/10 "2021-07-24T22:17:22Z")
Yes. You can purchase a car with a passport, if you don’t have a valid ID ---
**Author:** ![forbs](https://leasehackr.b-cdn.net/letter_avatar/forbs/32/5_5575768a8748004e209b776fc1b2916d.png) [@forbs](https://forum.leasehackr.com/u/forbs)\ **Post date:** [July 24, 2021, 11:32pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/11 "2021-07-24T23:32:30Z")
But who drives it off the lot? Lease’s don’t like non signers driving their cars. ---
**Author:** ![derekoh1991](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/derekoh1991/32/198657_2.png) [@derekoh1991](https://forum.leasehackr.com/u/derekoh1991)\ **Post date:** [July 25, 2021, 1:53am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/12 "2021-07-25T01:53:40Z")
Leasee, most likely! ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 26, 2021, 8:18pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/13 "2021-07-26T20:18:56Z")
Updated main post. Just signed ! Bad or good deal, I am happy with the car! Thank you all for the help!! ---
**Author:** ![Texas\_Size](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/texas_size/32/79644_2.png) [@Texas\_Size](https://forum.leasehackr.com/u/Texas_Size)\ **Post date:** [July 26, 2021, 8:52pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/14 "2021-07-26T20:52:01Z")
Really interesting, will Mazda financial fund to dealer? ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 26, 2021, 9:31pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/15 "2021-07-26T21:31:14Z")
What does this mean? 😮 ---
**Author:** ![forbs](https://leasehackr.b-cdn.net/letter_avatar/forbs/32/5_5575768a8748004e209b776fc1b2916d.png) [@forbs](https://forum.leasehackr.com/u/forbs)\ **Post date:** [July 26, 2021, 9:53pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/16 "2021-07-26T21:53:18Z")
He’s asking will Mazda really fund a No License, No credit history like OP. ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 27, 2021, 4:32am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/17 "2021-07-27T04:32:52Z")
The car is in my garage already. I hope it answers the question. ---
**Author:** ![forbs](https://leasehackr.b-cdn.net/letter_avatar/forbs/32/5_5575768a8748004e209b776fc1b2916d.png) [@forbs](https://forum.leasehackr.com/u/forbs)\ **Post date:** [July 27, 2021, 4:37am UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/18 "2021-07-27T04:37:06Z")
Not quite, we will check back with you in 14 days (which is the date of funding or not funding) ---
**Author:** ![Texas\_Size](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/texas_size/32/79644_2.png) [@Texas\_Size](https://forum.leasehackr.com/u/Texas_Size)\ **Post date:** [July 27, 2021, 9:02pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/19 "2021-07-27T21:02:12Z")
That’s right, sorry for the late reply. Mazda couldn’t find dealer if they short any document, and dealer can take car back if they can’t get fund. This all depends on Mazda finance company. I just know BMW gave me some hard time when my DL has a “Limited Term” mark. ---
**Author:** ![Bafa10](https://leasehackr.b-cdn.net/letter_avatar/bafa10/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bafa10](https://forum.leasehackr.com/u/Bafa10)\ **Post date:** [July 27, 2021, 10:31pm UTC](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028/20 "2021-07-27T22:31:17Z")
WTF 😮 I didn’t know this could happen! I guess if they want the car back, it is going to be like a good test drive LOL. I will let you know in the next days. Its strange for me to understand that they would just give me the car (a $30k quickly depreciating asset) without being sure that it will work and that I will pay over the next 3 years. Sounds like a big risk to sign something, give the asset and check everything is good on the back-end after 15 days. If I would actually be a bad high risk customer, it would give me time to mess-up the car big time. If they want it back, I assume they can no longer sell it as new. Who absorbs the depreciation cost? How is the lease terminated? [Next page](https://forum.leasehackr.com/t/signed-no-credit-2021-cx-5-touring-awd-w-preferred-pkg-968-das-409-month-incl-tax/377028.md?page=2)