Customers considering buying or leasing a vehicle can benefit from the current promotions and offers that make owning a new car more affordable than ever. With options like rebates, special financing rates, and leasing offers, there are many options to reduce the cost of a new vehicle.
One of the most sought-after promotions is the cash-back offer, where buyers get a direct reduction the vehicle's price. Bonus cash incentives are often available on select vehicles, with rebates ranging from a couple hundred to thousands of dollars. These rebates can be used to reduce the purchase price, reducing the amount financed or even put towards the initial payment. Manufacturer offers are often available for a limited time, so customers are encouraged 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 promotion. Many manufacturers offer these incentives to eligible buyers, allowing them to finance over time without high costs. With plans often available from 24 to 60 months, customers can select financing terms that suits their financial needs while taking advantage of the benefits of low-interest financing. This promotion is especially appealing for those looking to finance a more expensive vehicle, as it can reduce the total cost 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 lower monthly payments. Lease specials often include a low down payment, promotional rates, and adjustable lease terms. Some brands provide incentives such as waived payments or additional cash incentives towards initial payments. This makes leasing an attractive option for buyers who like to drive a new vehicle every few years or who want to avoid long-term ownership responsibilities.
Loyalty and Conquest Programs
Returning customer offers are available to buyers who currently own 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 make the change. These programs can offer additional rebates or special loan terms, providing extra incentives to remain with a brand or switch to a new one.
Discounts for Specific Groups
Many dealerships and manufacturers provide special offers for specific categories, including veterans, students, and first responders. These targeted offers provide qualifying individuals to get additional discounts or preferential rates when buying or financing a vehicle. These discounts may be stackable with other promotions, making it easier to get the best possible deal.