Customers considering purchasing or leasing a car can benefit from the latest promotions and offers that make owning a new car more budget-friendly than ever. With options like rebates, special financing rates, and leasing offers, there are multiple ways to save on a new car.
One of the most popular promotions is the cash-back offer, where customers receive a direct reduction the vehicle's price. Additional cash offers are often available on select vehicles, with rebates varying from a couple hundred to several thousand dollars. These rebates can be used to reduce the purchase price, lowering the loan or even used towards the down payment. Manufacturer offers are typically offered 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 low APR or even 0% interest is another common promotion. Many manufacturers provide these deals to eligible buyers, allowing them to finance over time without incurring significant interest. With terms often available from 24 to 60 months, buyers can select financing terms that suits their budget while taking advantage of the savings of low-interest financing. This promotion is especially appealing for those looking to finance a more expensive vehicle, as it can lower overall expenses 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 minimal initial payment, promotional rates, and flexible lease terms. Some manufacturers 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 want to drive a new vehicle every few years or who want to avoid long-term ownership commitments.
Loyalty and Conquest Programs
Loyalty incentives are available to buyers who have a vehicle from the same manufacturer and wish to switch to a newer model. Similarly, conquest programs target customers who own a competitor's vehicle, offering them special deals to switch brands. These programs can include additional rebates or special loan terms, providing extra motivation to stay loyal a brand or try a new one.
Discounts for Specific Groups
Many dealerships and manufacturers offer discounts for particular groups, including military personnel, college graduates, and first responders. These targeted offers provide qualifying individuals to get additional discounts or special terms when purchasing or financing a car. These discounts may be combinable with other incentives, making it easier to get the best possible deal.