Customers considering purchasing or renting a vehicle can take advantage of the current promotions and incentives that make owning a new car more affordable than ever. With choices like cash-back deals, low-interest financing, and leasing offers, there are many options to save on a new car.
One of the most sought-after promotions is the cash-back offer, where buyers get a specified amount off the vehicle's price. Bonus cash incentives are often available on select vehicles, with rebates varying 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 limited time, so buyers should act quickly to capitalize on the savings.
Low APR and 0% Financing
Financing a new car with a low APR or even 0% interest is another popular offer. Many manufacturers offer these deals to qualified buyers, allowing them to spread out payments over time without high costs. With plans often available from 24 to 60 months, buyers can select financing terms that suits their budget while enjoying the benefits 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 like leasing, the current lease deals make it easier to own a new vehicle with lower monthly payments. Lease specials often include a low down payment, promotional rates, and flexible lease terms. Some manufacturers provide incentives such as waived payments or additional cash incentives towards initial payments. This makes leasing an ideal option for buyers who want to drive a new car every few years or who want to avoid long-term ownership commitments.
Loyalty and Conquest Programs
Loyalty incentives are available to customers who have a vehicle from the same brand and wish to upgrade to a newer model. Similarly, conquest programs target customers who own a competitor's vehicle, offering them special promotions to switch brands. These programs can offer additional rebates or exclusive financing rates, providing extra incentives to remain with a brand or switch to a new one.
Discounts for Specific Groups
Many auto retailers and manufacturers provide special offers for specific categories, including military personnel, college graduates, and first responders. These targeted offers provide qualifying individuals to receive extra savings or preferential rates when purchasing or leasing a car. These offers may be stackable with other incentives, helping qualifying customers to get the best possible deal.