Customers considering buying or renting a vehicle can take advantage of the current promotions and incentives that make owning a new car more affordable than ever. With choices like rebates, special financing rates, and leasing offers, there are many options to save on a new vehicle.
One of the most popular promotions is the cash rebate, where customers receive a specified amount off the vehicle's price. Bonus cash incentives are often available on specific models, with rebates ranging from a few hundred to thousands of dollars. These rebates can be used to reduce the cost, reducing the amount financed or even put towards the down payment. Cash rebates are typically offered for a short duration, 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 offer. Many automakers offer these deals to eligible buyers, allowing them to spread out payments over time without incurring significant interest. With terms often available from 24 to 60 months, buyers can select financing terms that suits their financial needs while taking advantage of the savings of low-interest financing. This promotion is especially appealing for those who want to buy a more expensive vehicle, as it can reduce the total cost paid over time.
Lease Deals and Low Monthly Payments
For customers who like leasing, the latest leasing offers make it easier to drive a new car with lower monthly payments. Current lease promotions often include a low down payment, promotional rates, and adjustable lease terms. Some brands provide 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 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 buyers who have a vehicle from the same brand and wish to switch to a newer model. Similarly, new customer incentives target customers who own a competitor's vehicle, offering them special promotions to switch brands. These programs can offer additional cash-back offers or special loan terms, providing extra incentives to remain with a brand or switch to a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers provide discounts for particular groups, including veterans, college graduates, and first responders. These targeted offers provide qualifying individuals to get additional discounts or special terms when buying or financing a car. These discounts may be combinable with other incentives, making it easier to get the best possible deal.