Clients considering buying or leasing a car can benefit from the latest promotions and incentives that make owning a new vehicle more affordable than ever. With options like rebates, special financing rates, and lease terms, there are many options to save on a new car.
One of the most popular promotions is the cash rebate, where customers get a direct reduction the vehicle's price. Additional cash offers are often available on specific models, with rebates ranging from a couple hundred to several thousand dollars. These rebates can be used to reduce the cost, lowering the loan or even put towards the initial payment. Cash rebates are typically offered 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 low APR or even 0% interest is another common offer. Many manufacturers provide these deals to eligible buyers, allowing them to spread out payments 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 who want to buy a more high-end vehicle, as it can lower overall expenses paid over time.
Lease Deals and Low Monthly Payments
For customers who prefer leasing, the latest leasing offers make it possible to own a new vehicle with lower monthly payments. Lease specials often offer a minimal initial payment, promotional rates, and adjustable lease terms. Some manufacturers offer incentives such as the first few months' payments waived or bonus cash towards initial payments. This makes leasing an ideal option for customers who want to drive 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 upgrade 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 cash-back offers or exclusive financing rates, providing extra incentives to remain with a brand or try a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers provide discounts for particular groups, including veterans, college graduates, and emergency service workers. These targeted offers provide qualifying individuals to receive extra savings or preferential rates when buying or financing a car. These discounts may be combinable with other promotions, helping qualifying customers to maximize their savings.