Cartime Super Center

MAY 31, 2024

However, buyers are still looking at hefty price tags and down payments. But if new car rebates and other incentives have you on the fence, a better understanding of what’s really going on should help. Like with special rebates and most other incentives, buyers must have excellent credit to qualify.

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Car Examer

SEPTEMBER 17, 2024

Save for a Big Down Payment Spreading out your term length can lower your monthly rate, but it often results in a higher total purchase cost due to accumulated interest. As much as possible, it’s best to pay a larger down payment—one of at least 20% would suffice.

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3 Brothers Autosale

DECEMBER 20, 2023

Consider making a larger down payment, which can further enhance your negotiating power and reduce the borrowed amount. Refinancing can lead to reduced monthly payments and overall savings, providing financial flexibility for other priorities. These deals may include low-interest rates or cash rebates.

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Shawn Ryder

FEBRUARY 14, 2024

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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Dealer Incentives Dealer incentives Manufacturing Rebate 52

Jalopnik

SEPTEMBER 26, 2023

Dealers are starting to sweat. Starting next year buyers will be able to apply the EV Tax credit directly to the sale price of an EV. But as Automotive News reports, dealers are worried the government won’t pay them back in a timely manner. Read more.

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Davey Auto Sales

FEBRUARY 20, 2024

If you’re not careful about examining the details, it could become a problem down the road. Sometimes these kinds of offers end up with: A higher monthly payments because of required add-ons and other fees not made entirely clear. A loan term that lasts for a long time, meaning you’ll be paying a lot of interest.

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Canadian Auto Dealer

FEBRUARY 27, 2024

People wanted it and absorbed the increase in monthly payments. If you look at the proportion of down payment Canadians are putting on a car, people are putting more money down.” That’s factoring in jurisdictions that have extra government support in the form of provincial rebates (and federal government rebates).”

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