Clients considering buying or leasing a vehicle can take advantage of the current promotions and offers that make owning a new car more affordable than ever. With options like cash-back deals, low-interest financing, and lease terms, there are many options to reduce the cost of a new car.
One of the most popular promotions is the cash rebate, where buyers get a specified amount off the vehicle's price. Bonus cash incentives are often available on select vehicles, with rebates ranging from a few hundred to several thousand dollars. These incentives can be used to reduce the purchase price, reducing the amount financed or even put towards the initial payment. Cash rebates are often available for a limited time, so customers are encouraged to take advantage of the opportunity.
Low APR and 0% Financing
Getting a loan for a new vehicle with a reduced APR or even 0% interest is another common offer. Many manufacturers provide these incentives to eligible buyers, allowing them to finance over time without incurring significant interest. With plans often available from 24 to 60 months, customers can choose a payment plan that suits their financial needs while taking advantage of the benefits of low-interest financing. This promotion is very attractive 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 those who prefer leasing, the current lease deals make it possible to own a new car with more affordable monthly payments. Current lease promotions often include a low down payment, promotional rates, and flexible lease terms. Some manufacturers offer incentives such as the first few months' payments waived or additional cash incentives towards early payments. This makes leasing an ideal option for buyers who want to own a new vehicle every few years or who want to avoid long-term ownership commitments.
Loyalty and Conquest Programs
Returning customer offers are available to customers who currently own a vehicle from the same manufacturer and wish to upgrade 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 cash-back offers or special loan terms, providing extra incentives to stay loyal a brand or try a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers provide discounts for particular groups, including military personnel, students, and first responders. These targeted offers provide qualifying individuals to get additional discounts or preferential rates when buying or leasing a car. These offers may be combinable with other incentives, helping qualifying customers to maximize their savings.