What Type of Incentive Is Best For You?

July 15th, 2021 by

What Type of Incentive is Right for You?

Finding the best incentive for you takes time and a great deal of research. Whether you are searching for low interest rates, rebates or 0% financing, it may be difficult to find what works best for your financial situation. At Gordon Chevrolet, we understand that you want to have options when looking for the right incentive. That’s why we have compiled helpful information on the most common Chevy deals and incentives when purchasing or leasing a vehicle below. 

Rebates/Cash Back Offers

Cash back offers and rebates can be very appealing to car buyers. Not only can the offer typically be applied to the final purchase price of the vehicle, but buyers can also pocket the total entirely. This dollar amount typically stands around $1,000 – $3,000 and can be used to assist in down payment cost, taxes, license plate fees, and help to lower your monthly payment. 

0% Financing

Interest rates alone can deter many car buyers from purchasing a vehicle. The cost of new or used vehicle can be hard to manage on top of interest rates. So what is a good option to eliminate this stress? 0% financing is the solution! This solution means a car buyer will not pay any interest on their auto loan. This option has the ability to save you thousands of dollars. So why is this not the #1 option everyone should choose? The drawbacks include:

  • Buyers need high credit scores and a long credit history. 
  • Can up the price tag of your vehicle tempting a buyer to purchase a vehicle they cannot afford.
  • Loan terms can be confusing as some 0% financing offers are only short term requiring a buyer to then start paying interest after a certain amount of time. 

Low Interest Rate

A low interest rate can help reduce the monthly payments on a vehicle. However, in order to be offered a low interest rate, you must have be approved through a credit check. With a low credit score, this may not be the best option for you. Gordon Chevrolet’s executive manager, Nathan Potratz offers a series of You Tube videos entitled Wi$e Buys that can assist in the car buying process as well how to choose the right incentive for you. Check it out below. 

Lease Payments

If you are looking for a new ride, but not ready to fully commit to owning, then leasing may be your best option. Each month, new lease payments are offered on select vehicles making your pick of the lot a great one. Leasing allows the convenience of upgrading your vehicle every few years. Additionally, it may be great option if you are simply using your vehicle to get from point A to point B with minimal mileage use. Leasing also requires:

  • Little to no down payment.
  • Access to the latest and most advanced automotive features on a rolling basis.
  • Once your lease term is up, you can either upgrade to a new vehicle or purchase the one you’re leasing.

How Gordon Chevy Can Help

Whether you’re shopping for a new vehicle or used cars Orange Park, FL, the Chevy lease specials here at Gordon Chevrolet, Inc. are a great solution in securing the Chevy you want. View our current dealer incentives going on now or contact us today to help you find an Orange Park car dealership near you

Buyers may be uninformed on how to negotiate a lower price for their vehicle. Lucky for them, there are incentives and rebates to help assist in the buying process. We strive to offer guaranteed car finance options to help you bring home a suitable vehicle. If you are looking for car incentives at a Chevrolet dealer near me, get in touch with our finance team to start the shopping process.