Customers considering purchasing or renting a car can take advantage of 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 multiple ways to save on a new car.
One of the most popular promotions is the cash rebate, where customers get a specified amount off the vehicle's price. Additional cash offers are often available on select vehicles, with rebates ranging from a few hundred to thousands of dollars. These incentives can be used to reduce the purchase price, reducing the amount financed or even put towards the initial payment. Manufacturer offers are typically offered for a short duration, 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 common promotion. Many manufacturers provide these incentives to eligible buyers, allowing them to spread out payments over time without high costs. With terms often available from 24 to 60 months, customers can select financing terms that fits their budget while taking advantage of the savings of low-interest financing. This promotion is very attractive for those looking to finance a more expensive vehicle, as it can reduce the total cost paid over time.
Lease Deals and Low Monthly Payments
For those who like leasing, the current lease deals make it easier to drive a new vehicle with more affordable monthly payments. Current lease promotions often include a minimal initial payment, promotional rates, and adjustable lease terms. Some brands provide incentives such as the first few months' payments waived or bonus cash towards initial payments. This makes leasing an attractive option for customers who want to drive a new vehicle every few years or who prefer not to have long-term ownership responsibilities.
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 deals to make the change. These programs can include 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 offer special offers for particular groups, including military personnel, students, and emergency service workers. These exclusive programs allow eligible customers to receive extra savings or special terms when buying or leasing a vehicle. These offers may be combinable with other promotions, helping qualifying customers to maximize their savings.