Clients considering buying or leasing a car can benefit from the current promotions and incentives that make owning a new car more budget-friendly than ever. With choices like rebates, special financing rates, and lease terms, there are many options to reduce the cost of a new car.
One of the most sought-after promotions is the cash rebate, where customers get a specified amount off the vehicle's price. Additional cash offers are often available on specific models, with rebates varying from a few hundred to several thousand dollars. These incentives can be used to reduce the cost, lowering the loan or even put towards the initial payment. Cash rebates are often available for a limited time, so buyers should act quickly to capitalize on the opportunity.
Low APR and 0% Financing
Financing a new car with a low APR or even 0% interest is another popular offer. Many automakers offer these deals to eligible buyers, allowing them to finance over time without high costs. With plans often available from 24 to 60 months, customers can choose a payment plan that suits their financial needs while enjoying the savings of low-interest financing. This promotion is especially appealing 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 customers who prefer leasing, the current lease deals make it easier to own a new car with more affordable monthly payments. Current lease promotions often offer a low down payment, promotional rates, and adjustable lease terms. Some manufacturers provide incentives such as the first few months' payments waived or bonus cash towards early payments. This makes leasing an attractive option for buyers who like to own a new car every few years or who want to avoid long-term ownership commitments.
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, conquest programs target customers who own a competitor's car, offering them special promotions to make the change. These programs can offer additional cash-back offers or special loan terms, providing extra motivation to remain with a brand or switch to a new one.
Discounts for Specific Groups
Many dealerships and manufacturers provide discounts for specific categories, including veterans, college graduates, and first responders. These targeted offers provide qualifying individuals to get additional discounts or preferential rates when buying or financing a car. These discounts may be combinable with other incentives, making it easier to maximize their savings.