Remove Finance Rate Remove Management Remove Rebate
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Understanding OEM Incentives in 2024

Automotive Mastermind

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. These offers aim to drive sales and promote various car models for different reasons at different times.

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

Shawn Ryder

It encompasses a myriad of factors such as inventory management, customer relations, market conditions, and promotional strategies. Understanding these dynamics can equip buyers with the negotiating power they need while also providing insights for dealerships on how to effectively manage their sales strategies.

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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

To find the best deals, potential buyers can leverage several strategies: Incentives: Dealerships may offer manufacturer incentives, including cash rebates or low financing rates. Luxury vehicles often require higher insurance rates, especially within the convertible segment.

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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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