Clients considering purchasing or leasing a car can take advantage of the current promotions and offers that make owning a new car more budget-friendly than ever. With options like cash-back deals, special financing rates, and leasing offers, there are multiple ways to save on a new car.
One of the most sought-after promotions is the cash rebate, where buyers get a specified amount off the vehicle's price. Additional cash offers are often available on specific models, with rebates ranging from a few hundred to thousands of dollars. These incentives can be used to reduce the cost, 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 opportunity.
Low APR and 0% Financing
Getting a loan for a new vehicle with a reduced APR or even 0% interest is another popular promotion. Many manufacturers provide these deals to qualified buyers, allowing them to spread out payments over time without high costs. With terms often available from 24 to 60 months, customers can choose a payment plan that fits their financial needs while enjoying the benefits of low-interest financing. This promotion is especially appealing for those looking to finance a more high-end vehicle, as it can lower overall expenses paid over time.
Lease Deals and Low Monthly Payments
For those who prefer leasing, the current lease deals make it possible to drive a new car with more affordable monthly payments. Lease specials often include a minimal initial payment, promotional rates, and flexible 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
Returning customer offers are available to customers 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 car, offering them special deals to switch brands. These programs can offer additional rebates or exclusive financing rates, providing extra motivation to stay loyal a brand or switch to a new one.
Discounts for Specific Groups
Many dealerships and manufacturers offer special offers for particular groups, including military personnel, college graduates, and first responders. These targeted offers allow eligible customers to receive extra savings or special terms when purchasing or financing a vehicle. These discounts may be combinable with other promotions, helping qualifying customers to maximize their savings.