Buying a new car is an exciting event. No matter what type of model you’re purchasing, you might have the chance to take advantage of a cash back incentive. Sometimes dealerships offer this opportunity to entice a buyer to purchase a car, usually in the form of a discount or a rebate on your purchase. Here’s what you should know.

How Does a Cash Back Incentive Work?

When you’re shopping around for a new car, you might see that the dealership has a special promotion. This is often enough to compel shoppers to spend some more time mulling over a purchase, especially if the deal will save them money and bring them closer to their desired budget.

For example, the dealership might have a special where the customer will receive a specific amount of cash back on the purchase of a new vehicle. They’ll either receive this incentive in the form of a discount on the full purchase or as a rebate in the mail.

What Should You Know About Cash Back?

Keep in mind that dealerships typically offer this type of promotion for a limited time only. It might be good only for a few weeks or months, so that’s important to keep in mind if you plan to spend some time shopping for your car. The offer may also be limited strictly to specific models. Always check with your salesperson to be doubly sure you’ll get the offer if you decide to proceed.

Another important factor is the possibility that the discount might not be compatible with another incentive. For example, the dealership may not permit you to take advantage of low-interest financing if you’re receiving cash back. The fine print will include these details, but always make sure that you’ve confirmed the parameters and guidelines associated with the deal, so you can be certain you’re getting the most value for your money.

If you’re in the market for a new car in High Point, NC, stop by Crescent Ford. The dealership is home to a fantastic selection of cars, SUVs, and trucks — and you can take advantage of outstanding cash back deals, shop pre-owned cars, or peruse used cars to save plenty of money on your purchase. Visit the website for more information, or call (336) 869-2181 to speak with a representative.