Customers considering buying or renting 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 save on a new car.
One of the most sought-after promotions is the cash rebate, where customers get a specified amount off the vehicle's price. Additional cash offers are often available on specific models, with rebates varying from a few hundred to thousands of dollars. These rebates can be used to reduce the purchase price, lowering the loan or even put towards the initial payment. Manufacturer offers are often available for a limited time, so customers are encouraged to take advantage of the savings.
Low APR and 0% Financing
Getting a loan for a new vehicle with a low APR or even 0% interest is another popular promotion. Many automakers offer these deals to qualified buyers, allowing them to spread out payments over time without incurring significant interest. With plans often available from 24 to 60 months, customers can choose a payment plan that suits their financial needs 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 those who like leasing, the current lease deals make it possible to own a new vehicle with more affordable monthly payments. Lease specials often include a minimal initial payment, promotional rates, and adjustable lease terms. Some manufacturers provide incentives such as waived payments or bonus cash towards early payments. This makes leasing an attractive 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
Returning customer offers are available to customers 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 switch brands. 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 provide special offers for specific categories, including military personnel, students, and first responders. These targeted offers allow eligible customers to receive extra savings or preferential rates when purchasing or financing a car. These discounts may be combinable with other incentives, making it easier to get the best possible deal.