Customers considering buying or leasing a vehicle can take advantage of the current promotions and incentives that make owning a new vehicle more affordable than ever. With choices like cash-back deals, low-interest financing, and leasing offers, there are multiple ways to save on a new car.
One of the most sought-after promotions is the cash rebate, where customers receive a specified amount off the vehicle's price. Bonus cash incentives are often available on select vehicles, with rebates varying from a few hundred to several thousand dollars. These incentives 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 buyers should act quickly 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 offer. Many automakers offer these deals to eligible buyers, allowing them to spread out payments over time without high costs. With plans often available from 24 to 60 months, customers can choose a payment plan that fits their financial needs while taking advantage of the savings of low-interest financing. This promotion is very attractive for those who want to buy 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 adjustable lease terms. Some brands 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 drive a new car every few years or who want to avoid long-term ownership responsibilities.
Loyalty and Conquest Programs
Loyalty incentives are available to customers who currently own a vehicle from the same brand and wish to upgrade to a newer model. Similarly, conquest programs target customers who own a competitor's car, offering them special deals to make the change. 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 provide discounts for particular groups, including military personnel, students, and first responders. These exclusive programs provide qualifying individuals to receive extra savings or special terms when buying or financing a car. These discounts may be stackable with other promotions, helping qualifying customers to get the best possible deal.