Archive for August, 2012

 

Imagine being able to purchase a car without having to haggle or deal with a pushy sales person.  Two Chapman Las Vegas dealerships are partnering to make that happen during their Silent Sunday Sales Event this Labor Day weekend. This unique event allows consumers to browse unlocked new and used vehicles all day Sunday. The prices are marked on tags inside the cars. Shoppers can grab the tag off the vehicle they want and bring it in on Labor Day Monday to get the price listed on the tag.

The tags will have the lowest prices offered yet this year on thousands of Dodge, Chrysler, Jeep and Ram vehicles.  Customers can get a great deal and be in and out of the dealership in under an hour on Monday. The Silent Sunday Event is only one day at Chapman Las Vegas dealerships, so don’t miss out on these great prices in a pressure-free environment.

Massive markdowns can be found across the entire inventory of new vehicles and includes all four brands. For example, a 2012 Dodge Ram 1500 Tradesman starts as low as $16,999. A 2012 Chrysler 200 LX will be discounted down to $17,999. Jeep prices are lowered too; a 2012 Jeep Wrangler 4WD starts at only $21,999 and a 2012 Jeep Grand Cherokee Laredo 4WD starts at only $29,999. Even select 2013 Dodge Darts are priced to sell at only $16,999

Customers looking for a great deal at used cars Las Vegas will have plenty to choose from when the two Las Vegas dealerships slash prices on their extensive inventory. Used vehicles start at only $3,599. Many different makes and models are available to fit any budget. From a family-friendly sedan or SUV with low mileage to a reliable commuter vehicle, Chapman has a used car or truck to fit any lifestyle. For example, a 2012 Chrysler Sebring Convertible Touring will be knocked down to only $16,000, while the rugged certified pre-owned 2011 Jeep Patriot can be found for only $18,999. A Hemi-powered 2007 Dodge Durango SLT will be marked down to $16,566.

On top of the discounts, Chrysler and Chapman’s in-house financing program will be offering unbeatable finance rates. Zero percent financing will be available through Chrysler Financial on a wide selection of vehicles. In addition, Chapman’s in-house financing program is offering special rates to customers who earn at least $350 per week. With no hoops to jump through, Chapman’s Silent Sunday Sales Event makes it easy for most shoppers to get the perfect car to fit their budget and needs.

This sale won’t last long so visit www.chapmanlasvegas.com to browse the entire new and used car inventory.

There is a wide range of financing alternatives for customers in search of a new automobile. Of course you can pay cash, but for many if not most that choice involves factors such as the annual percentage rate and a “cash back” incentive. Cash back is a popular enticement that dealerships offer in order to encourage people to buy a new vehicle. While these offers seem like a good deal, potential buyers should weigh other factors to determine if the cash-back incentive makes the most financial sense. Here are a few common options explained:

Cash-Back Program:
Cash-back incentives typically are offered by the car manufacturer as a cash-back reward for people who buy a new car. For example, a consumer goes to buy a new 2012 Dodge Avenger SE V6 from Las Vegas Dodge dealer, and agrees to a financing plan they will then receive a $1000 ‘cash-back’ incentive to use as part of the cars down payment. Ultimately the cash back in conjunction with whatever discounts will allow the cars price tag to come down thousands of dollars for the consumer.

APR:
A new car is a major purchase, and few people pay cash for it. Most consumers obtain a loan to buy a new car or finance the purchase through the manufacturer or a financing department. A car loan, like any loan, comes with interest rates, known as an annual percentage rate, or APR. For example a consumer could get a 2012 Dodge Caliber for an APR of 0% for up to a 60-month lease.

Low APR or Cash Back?
Some car manufacturers offer a combination of cash back and a low interest rate. Some of these offers are either/or, meaning the consumer may choose either the cash-back reward or the low interest rate, while others offer both cash back and low interest.

Calculation:
If a new Dodge Vegas consumer is faced with the decision of purchasing a new car with a cash-back incentive or a low APR, they must perform a few calculations. There are several automobile websites that offer calculators that help with this task. For example, if you’re offered $5,000 cash back or a 1.0 percent APR on a 48-month loan for purchase of $24,230—with no trade-in or cash down—you’ll save $13 per month by choosing the low financing over the cash-back offer.

Cash Purchase vs Low APR:
Another option for Las Vegas car buyers is to skip financing altogether and pay for a car in cash. Buying a car in with cash saves you money in the long run as you don’t have to pay interest, but it also takes a lot of money out of your pocket. As long as you aren’t taking money out of your emergency funds or selling other assets to purchase the car, buying a car with cash is often a good option.

Chapman Las Vegas Dodge Chrysler Jeep General Manager Don Hamrick says “Regardless of if you go with our cash back incentives or a low APR, you can be assured you’re getting a quality vehicle at a quality price. Our goal is to work with the customer to ensure their not only happy with their vehicle but also with their financing choices.”

For more information on any of the vehicle deals in this article as well as many others, come by Chapman Las Vegas Dodge Chrysler Jeep.

Strong sales have put automakers in the power seat this summer, which means consumers will likely see sparser deals than in previous years. Still, there are a few bright spots for buyers. Cheap and more widely available credit has led to favorable financing deals, and high vehicle-resale values have helped dealerships push cheap leases. Plus, there are still a few cash deals. Here is where drivers in the market for a new car can still find bargains:

Leases. “Right now, we’re seeing the most attractive leases across the board that we’ve seen in a number of years,” says Alec Gutierrez, a senior market analyst at auto-pricing publisher Kelley Blue Book. Leasing payments often factor in a vehicle’s expected resale price, and used-car values have been rising, he says. That encourages manufacturers to drop lease prices, even to the point where they beat financing deals for buyers.

Consider: A 2012 Dodge Challenger SXT For Only $249 a month on a 36 Month Lease, 10k miles/year, $999 Down, is available now at your Las Vegas Chrysler dealer.

Low-rate financing. Consumers who want to hang on to a vehicle for more than a few years may find that financing is still the better deal, Caldwell says. “There are lots of 0% offers, because credit is cheap,” she says.

Consider: Chapman Dodge Chrysler Jeep has seven models for as low as $199 per month with 0% APR for 36 months. Also right now at Las Vegas Chapman Dodge is offering pre-approved financing if you make at least $350 per month.

Big vehicles. Larger SUVs and trucks typically have the biggest cash rebates, and this year is no exception, says Jesse Toprak, the vice president of market intelligence at TrueCar, an auto-pricing website. Those categories don’t typically do well when gasoline prices are high and face increased competition from new crossovers that mix size and efficiency, he says.

Bigger vehicles account for the bulk of autos with cash incentives of $1,500 or more right now, for example the Jeep Liberty has a $3,500 enticement.

Model redesigns. If price is more important to you than style, look for a car that is set to be redesigned in its next model year, Merrihew says. Incentives typically are better than on recently redesigned models because the look isn’t as fresh. There often is more room to negotiate, too. “The downside is, it will look like yesterday’s news pretty quickly,” he says.

Consider: Las Vegas Jeep has great deals on the 2012 Jeep Wrangler since the 2013 model has just hit showroom floors. The MSRP on a 2012 Jeep Wrangler is $24,575 but with a $1000 cash bonus and $843 drop in price, one can be yours for only $22,732.