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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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What is the Best Time to Buy a Car in Stafford Virginia?

Carcloud Auto Group

End of the Month, Quarter, or Year Dealerships like Car Cloud Auto Group often have sales quotas to meet at the end of the month, quarter, or year. During these events, dealerships offer special promotions, including cash rebates, low-interest financing, and trade-in bonuses.

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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. To mitigate these costs, dealers prefer to lower prices significantly in order to move stock quickly.

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Do dealers offer incentives to trade in leased cars early?

Shawn Ryder

Timing Matters Timing your trade-in toward the end of the month or during promotional seasons can increase your chances of snagging a good deal, as dealerships often aim to meet monthly sales quotas or clear out older inventory. Rebate Offers: Especially when trading in a desired vehicle, dealers might offer rebates to entice immediate sales.

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

Shawn Ryder

The Importance of Monthly and Yearly Sales Goals Dealerships operate under strict financial pressures, constantly striving to meet monthly and annual sales quotas. Dealerships may provide incentives such as: Cash rebates directly off the purchase price. Lower financing rates on new vehicles.

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

Car Examer

Conversely, dealerships may offer lower trade-in values during the winter months or end-of-month sales quotas. Some dealerships may provide additional incentives, such as extra trade-in value or rebates, especially if you’re trading in a car from a popular brand or during a sales event.

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