Customers considering buying or leasing a car can take advantage of the latest promotions and offers that make owning a new car more affordable than ever. With choices like rebates, low-interest financing, and lease terms, there are many options to save on a new vehicle.
One of the most sought-after promotions is the cash rebate, where customers receive a specified amount off the vehicle's price. Additional cash offers are often available on select vehicles, with rebates ranging from a couple hundred to thousands of dollars. These rebates can be applied directly 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 savings.
Low APR and 0% Financing
Getting a loan for a new vehicle with a low APR or even 0% interest is another popular promotion. 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, buyers can select financing terms that fits their budget while enjoying the benefits of low-interest financing. This promotion is very attractive for those looking to finance a more high-end vehicle, as it can reduce the total cost paid over time.
Lease Deals and Low Monthly Payments
For customers who like leasing, the current lease deals make it easier to drive a new car with more affordable monthly payments. Current lease promotions often offer a low down payment, promotional rates, and flexible lease terms. Some brands offer incentives such as the first few months' payments waived or bonus cash towards initial payments. This makes leasing an attractive option for customers who like to drive a new vehicle every few years or who want to avoid long-term ownership responsibilities.
Loyalty and Conquest Programs
Loyalty incentives are available to buyers who have a vehicle from the same manufacturer and wish to upgrade to a newer model. Similarly, conquest programs 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 motivation to remain with a brand or try a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers offer special offers for particular groups, including military personnel, students, and first responders. These targeted offers allow eligible customers to get additional discounts or special terms when purchasing or financing a vehicle. These offers may be combinable with other incentives, helping qualifying customers to get the best possible deal.