With your college degree in hand, finding that first job is always a huge accomplishment, but how are you going to get to work? A majority of graduates take the next big step of post-college life by buying a new car.
New cars can be expensive, but you can take advanyage of the discounts and promotions for college graduates to help you get the most bang for your buck. Make sure to inform the dealer that you just graduated from college so they build the price of the vehicle with that in mind.
We put a list together of current manufacturer specials that you can take advantage of! Each manufacturer has different stipulations to qualify so make sure to discuss the details with the dealership. Ask whether you can combine any promotions to save even more.
College grads can get a $1,000 rebate (buy/lease) on new Toyota Camry (gas-only), Corolla, Matrix, RAV4, Tacoma, or Yaris. Scion also offers the same deal on xD, tC, or xB models. Qualified buyers can buy these vehicles with no payments for the first 90 days and no money down! Toyota also throws in a year of roadside assistance and special financing percentages for those who qualify. Scion will waive the security deposit with lease agreements. Toyota and Scion both require proof of graduation, future employment, and insurance.
Honda offers exclusive financing rates on their models for college graduates. Deals vary per month. April, for example, featured the Honda Civic Coupe, Civic GX, Civic Si Coupe, and Civic Si Sedan for 0.9 percent APR for 24-60 months for qualified graduates. Graduates are required to put 5 percent money down and show proof of insurance, employment, and graduation.
GM offers students who recently graduated the “Preferred Price” on their models. Discounts will vary based on the model and where you live. Discounts can range from $500-$4,000+ on Buick, Chevrolet, and GMC vehicles. Cadillac models and the Chevrolet Volt and Corvette ZR1 are not eligible for the program. Graduates will need to show proof of graduation.
Recent college graduates or those within 6 months of graduating can receive the Kia $750 College Graduate Specialty Incentive. Proof of graduation is required.
Congratulations to all 2011 college graduates!