Wednesday, July 6, 2016
Tuesday, July 5, 2016
By: Tiffany C. Wright on 11:00 AM
|The car of your dreams can be made more affordable through car dealership incentive programs.|
If you've ever purchased a new car, then you have probably noticed that the dealership will throw in a few extras to get the vehicle sold at a price that you can afford while still making money for the business. These are called incentives. They area benefit to you because you can often get free oil changes, upgrades to the vehicle or money back after making the purchase.
One of the car dealership incentive programs that many business use is the rebate. You will give your mailing information, whether it's for the home or email, in order to receive the rebate. This could be in the form of a check, a voucher for automobile services or a check in a certain amount of money that is offered by the dealership. The rebate is usually only good for new car purchases and not on used vehicles.
If you have a good credit score, then you can usually receive a financing incentive. A lower car payment each month, no payments for a few months or a lower interest rate are among these incentives. You likely won't be able to get all of these at one time, but you can sometimes get two if you consult with the dealership, can display a job that has been kept for a long period of time and can show that you have the income needed to pay for the vehicle.
A loyalty program is another option. If you continue to purchase the same make of vehicle, then you can sometimes get a lower price or added offers. This might include updated amenities on the vehicle without paying extra for them or a lower car payment each month. You will find that car dealerships want to keep your business over the years if you are planning on trading or getting another vehicle for someone else in the family, so the dealership will usually offer everything possible to maintain your business. An incentive for the car dealer is dealer cash. This is done by the manufacturer. Cash is given to the dealer whenever a vehicle is sold with the amount based on the price of the vehicle.