New Volvo Specials in Mission Viejo, CA
Buying a new vehicle is a big financial decision. After researching what vehicle fits your lifestyle and driving needs, you'll need to assess your budget for a down payment and your monthly payments. Fortunately, most automakers and dealerships, including our team at Volvo Cars Mission Viejo, California, offer specials and incentives to help offset the cost of new vehicle ownership. We've put together this list of offers and incentives to help you save money on your next new Volvo.
Key Benefits of Buying a New Vehicle
Many people choose to buy a new vehicle over a used one for various reasons. Some benefits of buying a new car include:
- The exact model and trim with the features you're looking for.
- Low mileage and no prior accidents.
- Modern features and technology.
- Advanced safety and driver-assist features.
- Flexible finance options.
- Manufacturer's warranty.
- Service discounts and perks.
What Are New Vehicle Deals and Incentives?
If you're thinking of buying a new car, dealerships offer incentives and deals designed to help you save money with cash-back offers, low-interest financing, or special lease deals.
Top Vehicle Incentives To Watch For
Whether you buy a new Volvo from us at Volvo Cars Mission Viejo or a different brand elsewhere, these are the most common incentives, rebates, and deals you'll find.
Customer Cash Rebate
A great way to save money on a new Volvo is to look for cash rebates, where the manufacturer lowers the price of the vehicle. These rebates aren't dealership-specific but are offered either locally or nationally by the auto marker. While you won't receive cash or a check for the rebate, you'll see it reflected in a lower price for the vehicle.
Low-Interest Finance Options
Interest rates may be high when purchasing a new Volvo, depending on the economy and your personal credit history. However, to make buying a vehicle more attractive, dealerships offer low-interest financing to sway a buyer to purchase that vehicle. It's not uncommon to see an offer for 0%-4.9% financing over the agreed-upon terms in the finance contract.
Choosing low-interest financing or lease deals, if you qualify, can help you save money over the long term. If you have a 60-month auto loan at a lower interest rate, your monthly payments will be much lower than at a higher interest rate. Consider this option over a cash rebate for long-term savings.
Volvo Lease Deals
Most automakers, including Volvo, offer special finance or lease deals throughout the year. For instance, you might get a much lower interest rate for select Volvos during a specific time frame. Ask our team at Volvo Cars Mission Viejo about any monthly finance or lease deals we offer to help you save money on your new Volvo.
Special Population Rebates
Many dealers and automakers offer special rebates or incentives to unique demographics or populations, including:
- Members of the military and their families.
- First responders.
- College graduates.
- Foreign or domestic diplomats.
- Select government employees.
- Others in the automotive business.
- Those in the educational field.
Dealer Incentives
Many dealers offer incentives to shop at their dealership, including free exterior paint protection, interior upholstery protection, or undercoating protection. Savvy shoppers can also ask for equipment upgrades such as a premium sound system, a free introductory subscription to satellite radio or Google built-in, or all-weather floor mats. Think about what upgrades would fit your lifestyle, and don't hesitate to ask if the dealer will work with you.
Service Deals and Incentives
One necessity of owning a vehicle is regular maintenance to keep it running in top condition. When you're looking to buy a new car, speak with the sales team to see if they can offer some free services — such as oil changes, free car washes, or other perks — for a certain amount of time after purchasing the vehicle.
Loyalty Rebates
For those who purchase another vehicle of the same brand, say a Volvo owner with an XC90 who wants to buy the new sustainably inspired Volvo C40 Recharge all-electric SUV, the manufacturer may offer a loyalty rebate. The manufacturer gives rebates to loyal customers to say thank you for staying with the same brand of vehicle.
Electric and Hybrid Vehicle Government Incentives
When you buy an electric vehicle (EV) or hybrid vehicle, you may be eligible for a federal tax credit as part of the Inflation Reduction Act introduced in 2022. The government has several restrictions around which EVs and hybrids are eligible for these credits, including where the vehicle is manufactured, what the sticker price is, and the components of the vehicle's battery.
Keep in mind that these government incentives are not cash back or rebates but tax credits. You'll still need to pay the full price for the vehicle. Speak with our team to learn more about Volvo EV and hybrid vehicle tax credits.
Our Dealership New Volvo Deals
At Volvo Cars Mission Viejo, we offer rotating new vehicle specials, including lease and finance deals that help you save money. Check with us often for our new vehicle, dealer, service, and parts deals and incentives.
Learn More About New Volvo Specials
Stop by Volvo Cars Mission Viejo, California, to learn more about our services, the new Volvo vehicle lineup, and our offered specials. Our professional sales team can help you find the perfect Volvo for your budget and lifestyle. Once you find the model and trim that suits you, our finance team will work with you and discuss our flexible finance options so you can drive your new Volvo home as soon as possible. Contact us today to schedule a test drive of your favorite new Volvo vehicle.