Customers considering purchasing or renting a car can take advantage of the latest promotions and offers that help in purchasing a new car more affordable than ever. With options like cash-back deals, special financing rates, and lease terms, there are many options to save on a new vehicle.
One of the most popular promotions is the cash-back offer, where buyers receive 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 used towards the down 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 automakers 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 fits their budget while taking advantage of 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 prefer leasing, the latest leasing offers make it easier to own a new car with lower monthly payments. Lease specials often include a low down payment, promotional rates, and flexible lease terms. Some brands offer incentives such as the first few months' payments waived or additional cash incentives towards initial payments. This makes leasing an attractive option for buyers who want to drive a new vehicle every few years or who want to avoid long-term ownership commitments.
Loyalty and Conquest Programs
Returning customer offers are available to customers who have a vehicle from the same manufacturer and wish to switch 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 auto retailers and manufacturers offer discounts for specific categories, including military personnel, college graduates, and emergency service workers. These targeted offers allow eligible customers to get additional discounts or special terms when buying or financing a car. These offers may be stackable with other promotions, making it easier to maximize their savings.