Customers considering purchasing or leasing a vehicle can benefit from the current 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 car.
One of the most popular 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 several thousand dollars. These incentives can be used to reduce the purchase price, lowering the loan or even put towards the down payment. Cash rebates are often available for a short duration, so customers are encouraged to take advantage of the opportunity.
Low APR and 0% Financing
Financing a new car with a low APR or even 0% interest is another popular promotion. Many automakers provide these incentives to qualified 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 financial needs while enjoying the savings of low-interest financing. This promotion is very attractive 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 those who prefer leasing, the latest leasing offers make it possible to own a new vehicle with more affordable monthly payments. Lease specials often offer a minimal initial payment, promotional rates, and flexible lease terms. Some brands offer incentives such as waived payments or additional cash incentives towards initial payments. This makes leasing an attractive option for customers 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 customers 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 switch brands. These programs can offer additional rebates or special loan terms, providing extra incentives to stay loyal a brand or switch to a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers provide special offers for particular groups, including veterans, college graduates, and first responders. These targeted offers allow eligible customers to get additional discounts or special terms when purchasing or leasing a vehicle. These offers may be stackable with other incentives, helping qualifying customers to get the best possible deal.