Clients considering purchasing or leasing a vehicle can benefit from the current promotions and incentives that make owning a new car more affordable than ever. With choices like rebates, special financing rates, and lease terms, there are multiple ways to save on a new car.
One of the most sought-after promotions is the cash rebate, where customers receive a direct reduction the vehicle's price. Additional cash offers are often available on select vehicles, with rebates ranging from a few hundred to thousands of dollars. These incentives can be used to reduce the purchase price, reducing the amount financed or even put towards the down payment. Cash rebates are often available for a short duration, so buyers should act quickly to capitalize on the savings.
Low APR and 0% Financing
Getting a loan for a new vehicle with a reduced APR or even 0% interest is another popular offer. Many manufacturers provide these incentives to qualified buyers, allowing them to finance over time without high costs. With terms often available from 24 to 60 months, buyers can select financing terms that suits their budget while taking advantage of the savings of low-interest financing. This promotion is very attractive for those who want to buy a more high-end vehicle, as it can reduce the total cost paid over time.
Lease Deals and Low Monthly Payments
For those who like leasing, the current lease deals make it possible to drive a new vehicle with more affordable monthly payments. Current lease promotions often include a minimal initial payment, promotional rates, and adjustable lease terms. Some manufacturers offer incentives such as the first few months' payments waived or additional cash incentives towards early payments. This makes leasing an attractive option for buyers who want to drive a new car every few years or who prefer not to have long-term ownership commitments.
Loyalty and Conquest Programs
Returning customer offers are available to buyers who have a vehicle from the same brand and wish to switch to a newer model. Similarly, new customer incentives target customers who own a competitor's vehicle, offering them special deals to make the change. These programs can include additional cash-back offers or special loan terms, providing extra motivation to stay loyal a brand or switch to a new one.
Discounts for Specific Groups
Many dealerships and manufacturers provide discounts for particular groups, including veterans, students, and emergency service workers. These targeted offers allow eligible customers to receive extra savings or special terms when purchasing or financing a vehicle. These offers may be combinable with other promotions, making it easier to maximize their savings.