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Quebec dealers offer thoughts on provincial decision to end EV rebates

Canadian Auto Dealer

The decision by the Québec government to end electric vehicle rebates for consumers could have an impact on sales, though two provincial dealers contacted by Canadian auto dealer have conflicting opinions about just how much. Used vehicles have a rebate of up to $3,500. In Ontario, back then, there was no federal rebate.

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Do end-of-year sales really mean good deals?

Shawn Ryder

Sales Quotas: Many dealerships operate under sales goals set by manufacturers. These incentives can come in various forms: Cash Rebates: Direct cash discounts that can reduce the overall price of a vehicle. Tools such as effective digital marketing strategies can help shoppers find competitive pricing.

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Do dealers offer incentives to trade in leased cars early?

Shawn Ryder

Market Demand: High demand for specific models may push dealerships to incentivize early trade-ins to refresh inventory. Evaluate the Vehicle’s Market Value Check the current value of your leased vehicle through third-party resources like Kelly Blue Book or Edmunds.

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How to get advertised lease deal?

Shawn Ryder

Timing Matters: Dealers often have sales quotas at the end of the month or during holiday seasons. Consider the following: Manufacturer Rebates: Rebates can significantly lower your overall lease costs. Before you begin the leasing process, obtain your credit report and address any discrepancies.

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Car Trade-In Value: How to Get Your Highest Offer

Car Examer

Know Your Car’s Market Value Valuation Before heading to the dealership, it’s essential to understand your car’s market value. Conversely, dealerships may offer lower trade-in values during the winter months or end-of-month sales quotas. Get Multiple Quotes Don’t settle for the first offer you receive.

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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. The Importance of Monthly and Yearly Sales Goals Dealerships operate under strict financial pressures, constantly striving to meet monthly and annual sales quotas. Lower financing rates on new vehicles.

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2025 Resolutions: a look ahead

Canadian Auto Dealer

Continue to work in the spirit of partnership to counter a softening in the zero-emission vehicle (ZEV) market The long-standing partnership between New Car Dealers in delivering the CleanBC Go Electric Vehicle Rebate Program has increasingly delivered positive results but 2024 was a wake-up call with a softening in the ZEV market.

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