Customers considering buying or renting a vehicle can benefit from the latest promotions and offers that make owning a new car more affordable than ever. With choices like rebates, special financing rates, and leasing offers, there are multiple ways to save on a new car.
One of the most sought-after promotions is the cash rebate, where buyers receive a direct reduction the vehicle's price. Bonus cash incentives are often available on select vehicles, with rebates ranging from a couple hundred to several thousand dollars. These incentives can be used to reduce the purchase price, reducing the amount financed or even used towards the initial payment. Cash rebates are typically offered for a limited time, so customers are encouraged to capitalize on the savings.
Low APR and 0% Financing
Financing a new car with a reduced APR or even 0% interest is another common offer. Many automakers provide these deals to qualified buyers, allowing them to finance over time without high costs. With terms often available from 24 to 60 months, customers can choose a payment plan that fits their budget while enjoying the savings of low-interest financing. This promotion is especially appealing 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 like leasing, the current lease deals make it possible to own a new car with lower monthly payments. Current lease promotions often offer a low down payment, promotional rates, and flexible lease terms. Some manufacturers offer incentives such as the first few months' payments waived or bonus cash towards early payments. This makes leasing an ideal option for buyers who want to drive a new car every few years or who prefer not to have long-term ownership commitments.
Loyalty and Conquest Programs
Returning customer offers are available to buyers who have a vehicle from the same manufacturer 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 rebates 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 discounts for specific categories, including military personnel, students, and first responders. These targeted offers allow eligible customers to get additional discounts or preferential rates when buying or financing a car. These offers may be combinable with other incentives, making it easier to maximize their savings.