Clients considering buying or leasing a vehicle can take advantage of the current promotions and incentives that make owning a new vehicle more budget-friendly than ever. With choices like cash-back deals, special financing rates, and leasing offers, there are multiple ways to save on a new car.
One of the most popular promotions is the cash-back offer, where buyers receive a direct reduction the vehicle's price. Additional cash offers are often available on select vehicles, with rebates varying from a couple hundred to several thousand dollars. These rebates can be applied directly the cost, reducing the amount financed or even used towards the down payment. Cash rebates are often available for a limited time, so customers are encouraged to take advantage of the savings.
Low APR and 0% Financing
Financing a new car with a reduced APR or even 0% interest is another common promotion. Many automakers provide these incentives to qualified buyers, allowing them to finance over time without high costs. With plans often available from 24 to 60 months, buyers can choose a payment plan that fits their financial needs while enjoying the benefits of low-interest financing. This promotion is very attractive for those looking to finance a more high-end vehicle, as it can reduce the total cost 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 vehicle with more affordable monthly payments. Lease specials often offer a low down payment, promotional rates, and adjustable lease terms. Some brands provide incentives such as waived payments or additional cash incentives towards early payments. This makes leasing an attractive option for buyers who like to own a new vehicle every few years or who prefer not to have long-term ownership commitments.
Loyalty and Conquest Programs
Loyalty incentives are available to buyers who have a vehicle from the same manufacturer 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 switch brands. These programs can include additional rebates or exclusive financing rates, providing extra motivation to stay loyal a brand or try a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers offer special offers for specific categories, including veterans, college graduates, and first responders. These targeted offers provide qualifying individuals to get additional discounts or preferential rates when purchasing or leasing a car. These discounts may be combinable with other promotions, making it easier to maximize their savings.