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eCarQuotes.com offers the easiest way to price and receive your new vehicle. Our network with dealers across the county ensure you receive the lowest possible price on your new car, truck or SUV. Simply take the next few seconds and fill out the form and you will be shocked at how much money you will save.
eCarQuotes promotes the practice of car purchasing vv car leasing. We strive to bring you the lowest possible sales price to enable you to buy a car for YOU, not for the leasing company. Special Incentives & Rebates Incentives and rebates are programs offered by the manufacturers to stimulate sales. The three most common programs are provided directly to consumers in the forms of cash rebates, low interest financing, and leasing specials. Some manufacturers also provide first time buyer, military, and other programs to target specific customer segments. Manufacturers also provide marketing support directly to dealers, which may or may not be passed on to consumers. These marketing support programs take many forms, but the most common type of program is a dealer cash incentive. Manufacturer
to Customer Programs Cash rebates are provided by the manufacturer directly to the customer at the point of sale to defray the price of the vehicle. Consumers normally elect to credit the cash rebates as a down payment against the new vehicle purchase price. However, there are many instances in today's market whereby customers are allowed to choose either a Cash Rebate or a Low Interest Financing offer. In still other cases, customers may benefit from both the Cash Rebate and the Low APR Financing offers in combination. This varies by manufacturer. Annual Percentage Rate (APR) is based on the top customer credit tier and not all consumers will be eligible for this best rate. Special lease programs are sometimes offered by the manufacturers, through their captive financing companies, to increase sales. Most of the listed programs are supported by the manufacturers by what's known as a subsidized lease. Subsidized leases such as these are generally based on a residual value much higher than the actual worth of the car at the end of the lease and/or an interest rate, expressed as a money factor that is subsidized to below market rates. Each Special Lease program specifies the monthly payment, Term, Down Payment requirement, Security Deposit, and annual Mileage Allowance. Estimated monthly payment is based on a typical amount financed and typical down payment. The sales price of the vehicle, as well as the residual value, lease term, security deposit, acquisition fee, and down payment may be negotiated, but that will in turn affect the monthly payment amount. In other words, you can probably negotiate to a $0 down payment, but your monthly payment will increase to compensate. Manufacturer
to Dealer Programs While cash rebates, low interest financing, and leasing specials are passed directly to the buyer, manufacturer to dealer marketing support is made available exclusively to the franchised dealer for use in marketing their vehicles. Most commonly represented as cash incentives from the manufacturer, dealers may or may not choose to pass some part of this marketing support money on to their customers. Frequently, the salesperson will not even be aware of dealer marketing support programs, so buyers should speak to the sales manager about participating in these dealer incentive programs. Purchase
Terms Acquisition
Fee Cash Rebates are provided by the manufacturer directly to the customer at the point of sale to defray the price of the vehicle. Consumers normally elect to credit the cash rebates as a down payment against the new vehicle purchase price. Dealer Cash Incentives are normally paid to the dealers by the manufacturers to support the sales of a specific vehicle. There are many variations, but the most common dealer cash incentive structure is one where the dealer receives a cash credit upon sale of a vehicle in the program. In other cases, dealers earn cash bonuses when they achieve sales volume targets. There are also programs where a dealer earns the incentive upon purchasing a vehicle from the manufacturer. Down Payment Customer Cash
Incentive Finance Rate
(APR) Incentives is a global term that describes the programs that manufacturers and dealers provide to stimulate sales. They take many forms, but they all lower your car-buying costs. The most common Incentives are Cash Rebates, Low-Interest Financing Programs, Leasing Specials, and Marketing Support Programs. Low-Interest Financing is a lower subsidized finance rate offered by the manufacture's captive finance company. See Financing Section. Marketing Support is a global term that describes manufacturer to dealer programs specifically designed to assist dealers in marketing their vehicles. Most commonly dealer cash, dealers may or may not choose to pass some part of this money on to their customers. Security Deposit Note:
Every effort has been made to make this information as up-to-date as possible.
Incentive programs, however, fluctuate with market conditions and manufacturer's
inventory. Please notify us of any special promotions in your area. |
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