article thumbnail

F-150 Sales Slump Spurs Ford’s Controversial Dealer Incentive Plan

Carscoops

Ford’s stair step incentive offers dealers money for every 2023 F-150 they sell, if they meet a target, and offers them a larger amount if they exceed their target. Dealers say the tactic puts numbers ahead of customers, and leads to dissatisfaction. Not all dealers hate it, though.

article thumbnail

What Are Dealer Incentives and How Do They Drive Car Sales?

Shawn Ryder

What Are Dealer Incentives? When you hear the word “incentives,” it means something that encourages or motivates someone to do something. Dealer incentives are special rewards or benefits that car dealerships offer to either their customers or their own salespeople.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Cheapest New EVs In Q1 2024: All Under $41,000

Carscoops

Thanks to a combination of government and dealer incentives, consumers could buy these vehicles for less than $41,000. The Nissan Leaf, Nissan Ariya, Hyundai Ioniq 6, Tesla Model 3, and Toyota bZ4X were the cheapest new EVs in America in Q1. However, the American automaker has been cutting prices aggressively this year.

article thumbnail

Ford Gives Dealers Up To $22,500 To Push F-150 Lightning Sales

Carscoops

Ford dealers are being encouraged to order F-150 Lightning models from its distribution facilities. Thanks to the incentives, some dealers may be encouraged to offer customers better prices. Dealers will receive payments for every F-150 Lightning XLT, Flash, Lariat, or Platinum they order.

Lessee 112
article thumbnail

You Can Get Up To $16,000 Off The 2025 Infiniti QX80, But You Better Hurry

Carscoops

Review: The 2025 QX80 Is A Step In The Right Direction for Infiniti According to CarsDirect , citing dealer incentive bulletins, Infiniti is offering $5,000 off the Pure trim and $8,000 off the Luxe and Sensory in lease cash. Interestingly, all three trims are eligible for a conquest cash incentive too.

article thumbnail

Understanding OEM Incentives in 2024

Automotive Mastermind

These incentives play a massive role in developing dealership strategies by laying the groundwork for enhancing customer experiences, driving sales and ensuring full buyer satisfaction. For dealers, navigating these diverse OEM incentive programs is essential.

Rebate 98
article thumbnail

AI in Video Content Creation for the Automotive Industry: Transforming Car Manufacturing

Turbo Marketing Solutions

No longer just a sci-fi dream, AI has made it possible to rapidly create dynamic used car videos or personalized customer messages with ease, all while boosting visual appeal and engagement levels. This personalized approach not only enhances engagement but also creates a more immersive and interactive experience for potential customers.