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Understanding OEM Incentives in 2024

Automotive Mastermind

Keeping up with manufacturer incentives is important for dealers aiming to boost their bottom line and stay ahead in a challenging automotive marketplace. Ranging from car rebates and discounts to special financing and leasing deals, these car dealer incentives serve as a strategic tool for savvy sales teams.

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Maximizing Sales with Dealer Incentives: A Guide to Manufacturer Offers

Shawn Ryder

These can include cash rebates, low Annual Percentage Rate (APR) financing, lease specials, and other promotional offers. Types of Dealer Incentives Cash Rebates: Manufacturers may offer cash bonuses to dealers for each unit sold of a particular model, which can then be passed on to consumers as discounts.

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Can I get a deal on a 2024 Audi S5 Convertible knowing that this is the final model year with a convertible option?

Shawn Ryder

As automotive enthusiasts and potential buyers gear up for the 2024 model year, the 2024 Audi S5 Convertible stands out as a unique offering. Why the 2024 Audi S5 Convertible is Special The 2024 Audi S5 Convertible is generating buzz in the automotive community, primarily because it marks the end of an era.

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How badly does the dealership want this car gone by the end of the month/year?

Shawn Ryder

In the competitive landscape of automotive sales, the urgency to sell vehicles before the month’s or year’s end can significantly impact a dealership’s strategies. Dealerships may provide incentives such as: Cash rebates directly off the purchase price. Lower financing rates on new vehicles.

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Is this a good OTD price?

Shawn Ryder

Consider the following: Manufacturer Incentives: These can include rebates or low financing rates. The Role of Incentives and Promotions Many dealerships offer promotions either from the manufacturer or the dealership itself. These can greatly influence the OTD price. Always ask about any current promotions.

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Fasten your seatbelts

Canadian Auto Dealer

counterpart, and some controversial provincial decisions concerning pulling support for EV rebates. A major factor for the increases in 2024 was the Bank of Canada dropping interest rates by a combined 1.75percent, along with more inventory supplied to dealers by manufacturers. This is really disrupting the Quebec market, said Breton.

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