Clients considering buying or leasing a vehicle can take advantage of the current promotions and incentives that help in purchasing a new car more affordable than ever. With options like cash-back deals, special financing rates, and leasing offers, there are multiple ways to reduce the cost of a new vehicle.
One of the most sought-after promotions is the cash rebate, where customers get a specified amount off the vehicle's price. Additional cash offers are often available on specific models, with rebates varying from a few hundred to thousands of dollars. These rebates can be used to reduce the cost, reducing the amount financed or even put towards the down payment. Manufacturer offers are typically offered for a limited time, so buyers should act quickly to capitalize on the savings.
Low APR and 0% Financing
Financing a new car with a low APR or even 0% interest is another common offer. Many manufacturers provide these incentives to eligible buyers, allowing them to spread out payments over time without high costs. With plans often available from 24 to 60 months, customers can select financing terms that suits their budget while taking advantage of the savings of low-interest financing. This promotion is especially appealing for those who want to buy a more expensive vehicle, as it can lower overall expenses paid over time.
Lease Deals and Low Monthly Payments
For customers who prefer leasing, the current lease deals make it possible to drive a new car with more affordable monthly payments. Lease specials often offer a minimal initial payment, promotional rates, and adjustable lease terms. Some manufacturers offer incentives such as waived payments or additional cash incentives towards initial payments. This makes leasing an ideal option for buyers who like to own a new car every few years or who prefer not to have long-term ownership commitments.
Loyalty and Conquest Programs
Loyalty incentives are available to customers who currently own a vehicle from the same brand and wish to switch to a newer model. Similarly, conquest programs target customers who own a competitor's vehicle, offering them special deals to make the change. These programs can include additional rebates or exclusive financing rates, providing extra incentives to stay loyal a brand or switch to a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers offer discounts for specific categories, including veterans, college graduates, and first responders. These exclusive programs allow eligible customers to receive extra savings or preferential rates when buying or leasing a vehicle. These discounts may be combinable with other incentives, helping qualifying customers to get the best possible deal.