Clients considering purchasing or leasing a car can take advantage of the current promotions and offers that make owning a new vehicle more affordable than ever. With choices like cash-back deals, special financing rates, and lease terms, there are multiple ways to reduce the cost of a new car.
One of the most sought-after promotions is the cash-back offer, where customers receive a specified amount off 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 initial payment. Manufacturer offers are typically offered for a limited time, so buyers should act quickly to capitalize on the opportunity.
Low APR and 0% Financing
Getting a loan for a new vehicle with a reduced APR or even 0% interest is another popular promotion. Many manufacturers provide these deals to eligible buyers, allowing them to finance over time without incurring significant interest. With plans often available from 24 to 60 months, customers can select financing terms that suits their financial needs while taking advantage of the benefits of low-interest financing. This promotion is very attractive for those who want to buy a more high-end vehicle, as it can lower overall expenses paid over time.
Lease Deals and Low Monthly Payments
For those who prefer leasing, the current lease deals make it easier to drive a new vehicle with lower monthly payments. Lease specials 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 ideal option for buyers who like to own a new car every few years or who want to avoid long-term ownership responsibilities.
Loyalty and Conquest Programs
Returning customer offers are available to buyers who currently own a vehicle from the same brand and wish to upgrade to a newer model. Similarly, new customer incentives target customers who own a competitor's car, offering them special promotions to make the change. These programs can offer additional cash-back offers or exclusive financing rates, providing extra incentives to remain with a brand or switch to a new one.
Discounts for Specific Groups
Many dealerships and manufacturers offer discounts for particular groups, including military personnel, students, and first responders. These exclusive programs allow eligible customers to get additional discounts 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.