How Automakers Are Supporting Car Buyers with Financial Incentives

Introduction

In times of economic uncertainty, purchasing a car can be a significant financial commitment. Fortunately, many automakers and financial institutions are offering incentives to ease the burden on car shoppers. These programs include deferred payment options, special financing rates, and loyalty rewards. Here’s a comprehensive breakdown of the latest offers available from various car manufacturers.

--FIRST CAR LIST HERE--

Financial Institutions Offering Support

• Wells Fargo: Provides flexible payment and repayment plans tailored to individual needs.
• Ally Bank: Offers a 90-day first payment deferral on auto loans for qualified customers.

Automaker-Specific Incentives

Many automakers are providing unique financing programs to assist customers in purchasing or leasing a vehicle. Below are the latest incentives offered by major car brands.

--TOP ADVERTISEMENT HERE--

Acura

• 90-day deferred payment for qualified customers financing through Acura Financial Services (excludes Florida).
• Loyalty Purchase Assistance Cash: $500 toward a new Acura model.

Alfa Romeo

• 90-day deferred payment on new purchases through Chrysler Capital.
• Applies to 2019/2020 Giulia and Stelvio models.

--SECOND CAR LIST HERE--

Audi

• 60-day deferral of the first payment for retail contracts ranging from 12 to 66 months.
• Available on MY19 and MY20 new Audi vehicles.

BMW

• 90-day deferred payment for new car financing up to 72 months.
• Used vehicle retail contracts up to 60 months eligible.

--FIRST CONTENT ADVERTISEMENT HERE--

Buick

• 0% financing for up to 84 months.
• 120-day deferred payment option.

Cadillac

• 120-day deferred payment for purchases financed through GM Financial.

--THIRD CAR LIST HERE--

Chevrolet

• 0% financing for 84 months.
• 120-day deferred payment available on select 2019 and 2020 models.

--SECOND CONTENT ADVERTISEMENT HERE--

Ford

• 120-day deferred payment option.
• 0% APR financing for up to 84 months.
• Special customer support hotline for financing concerns.

Honda

• 90-day deferred payment for qualified customers.
• $1,000 loyalty purchase assistance.

--FORTH CAR LIST HERE--

Hyundai

• Assurance Job Loss Protection Program covers up to six months of payments for job loss.
• No payments for 90 days on select models.

--THIRD CONTENT ADVERTISEMENT HERE--

Jeep

• 90-day deferred payment for select models.

Toyota

• 90-day deferred payment on new vehicle purchases.
• Special relief options for natural disaster-affected customers.

--BOTTOM ADVERTISEMENT HERE--

Volkswagen

• 120-day first payment deferral for new vehicle purchases.

Conclusion

Automakers and financial institutions continue to provide flexible payment solutions to assist customers during challenging times. Whether through deferred payments, low-interest financing, or special loyalty programs, there are numerous options available for those looking to purchase a new or pre-owned vehicle. Be sure to check with your local dealership for the latest updates and eligibility requirements.

--FIFTH CAR LIST HERE--