Looking at an offer for new pontiac that ends Apr 3, for 0% APR (we would qualify) and $1000 bonus. Are these kinds of offers quite common? Finding that even with options, the used prices on the same vehicle arent much less, compared to this offer plus a higher loan rate on a used car loan.
2007-04-03 05:00:23 · 2 answers · asked by lillilou 7 in Cars & Transportation ➔ Buying & Selling
New car offers and incentives are endless. The best and the biggest are usually on new car models that have not been selling. Carefull, Pontiac can advertise 0% APR and cash back but it will probably only apply to certain models. Bonuses or cash back is usually in the form of a rebate and be sure you understand the actual negotiable value. Indisputably and unfortunately, the best value for your money is a slightly used vehicle.
2007-04-03 05:14:54 · answer #1 · answered by Ray2play 5 · 0⤊ 0⤋
1.I work at a domestic car dealer in PA. Most manufacturers change incentives quarterly. i.e. January 1st, April 1st, July 1st, October 1st. There can be additional programs that are changed due to immediate market conditions.
2. As for the 0%, If you have a lot of money down or a paid for trade (that's not a 88 Cavalier or something like it) It is usually better to take the rebate rather than the 0%.. Run it both ways. I doesn't matter to your dealer which way you go.
2007-04-03 12:28:30 · answer #2 · answered by Rick M 1 · 0⤊ 0⤋