Military families buy cars pretty regularly. With multiple PCS moves, a lot of mileage is placed on automobiles. Another common situation that you arrive at a new duty station, and it might make more sense for your family to purchase a new car rather than ship or drive your current one.
Are you thinking about buying a car for yourself after you come back home from your deployment or are you ready for an upgrade from an older one but worried about the prices? You can check out these companies that offer military discounts. The discounts are available on cars and automobiles both in the states as well as abroad. These companies offer the discount as a way of showing their appreciation for the armed forces and some extend the offers to veterans as well.
Tips for Military Discounts on Auto Sales
1. Always bring your military ID or documentation proving your military affiliation
2. Offers usually require the buyer to finance or lease the new vehicle through the dealership
3. Don’t get sucked in by the discount at first. Always do you research and test drive before you want to purchase the vehicle
4. Be wary of high interest rates. Some dealerships prey on young military members and their families. Visit the on-base family finances office to work out a budget on what you can afford.
5. Your bank or financial institution (USAA or Navy Federal for most military families) may also offer car loans as well. Compare and contrast the monthly payments and rates before you signed the paperwork.
Here are the Best Military Discounts on Car Buying
Ford
Ford Motor Company and Lincoln offer members of the military and their immediate family members a $500 Bonus Cash. This offer is valid on the purchase or lease of a new eligible Ford vehicle or Lincoln vehicle. The offer extends to Veterans within 24 months of separation, retirees, Spouse/Surviving Spouse and other household members, who are residents of the United States.
Acura
Acura has a Military Appreciation Offer. In which military members get $750 towards any Acura 2018 or newer models if you finance or lease through Acura Financial Services.
General Motors
General Motors offer a special military discounted price that is below the MSRP on the purchase or lease of eligible vehicles. It is available to eligible members of the military and can be combined with its other offers or deals. You do have to sign up for an account.
Honda
Honda has a Military Appreciation Offer that get you a saving of $500 upon the purchase of any 2017 or newer Honda vehicle. This offer is available through Honda Financial Services and valid till March 31st, 2019.
Toyota
Toyota offers a $500 rebate on the purchase of new Toyota vehicles. The offer is available to active duty military members, reserves, retirees, veterans discharged within one year and their immediate family members.
Nissan
Nissan offers an exclusive Nissan Military Program which includes savings from $500 to $1000. It can be combined with other offers or deals as well. Offer is available to active duty military members, reserves, retirees and veterans within a year of active duty.
Volvo
Volvo Cars gives great benefits through Military Sales Offers to military members on a tour overseas. This includes delivery options, five years free shipping from Europe to the U.S., three years free servicing and a four-year warranty worldwide etc.
BMW
BMW has a special BMW Military Sales privilege program designed for U.S. service personnel deployed overseas. The program includes tax-free purchasing and significant savings with military discounts. For those that are stateside, USAA members and their families living in the U.S. may be eligible for special offers on the lease or purchase of a new BMW. If you are interested then contact your dealer for full details on your exclusive BMW Manufacturer’s offer.
Chevrolet
While being under the GM umbrella, Chevrolet has varying discounts on select vehicles. Chevy does require customers to create an account on the company’s website to initiate the purchase.
Dodge
Through Dodge’s Military and Veteran Discount, Select Dodge models may be offer $500 in military bonus cash. The bonus cash can be applied to leases and purchases. This offer is open to military and former military members with a status of active, reserve, retired, and veteran under our Military Incentive program. The offer applies to purchases and leases on select 2017 and 2018 vehicles.
Chrysler
If you’re Active, Active Reserved, Retired Military, Retired Military Reserve or are an honorably discharged veteran within 12 months of discharged date, you’re eligible for up to $500 in Military bonus cash for select Chrysler vehicles.
Hyundai
Active duty, Reservist/National Guard, veteran and retired military personnel will receive an additional $500 off new Hyundai vehicles distributed by Hyundai Motor America.
Suburu
Subaru offers a special discount to active-duty and reserve members of the U.S. Air Force, Army, Navy, Marines, National Guard, and Coast Guard, as well as veterans and retirees within 12 months of your date of separation. Once you negotiate your best price with a Subaru retailer, you’ll receive an additional discount of $500. In addition, your price will be further reduced by any applicable zone or regional cash incentives in effect at the time of purchase.
Mazda
Mazda’s Military Appreciation Bonus Cash program offers $500 towards a new Mazda Car or SUV if you are an active-duty, reserve, or retired member of the military, or a veteran separated in the last two years. Spouses and immediate family members.
Mitsubishi
Mitsubishi’s military rebate offers up to $750 off select models.
Jeep
If you’re Active, Active Reserve, Retired Military, Retired Military Reserve or are an honorably discharged veteran within 12 months of your discharge date, you’re eligible for $500 Military Bonus Cash under the Jeep Military Incentive program. The offer applies to purchases and leases on select 2017 and 2018 Jeep® Brand vehicles.
Fiat
If you’re Active, Active Reserved, Retired Military, Retired Military Reserve or are an honorably discharged veteran within 12 months of discharged date, you’re eligible for up to $500 in Military bonus cash for Fiat vehicles under their Military Bonus Cash Program.
Harley Davidson
For active duty military personnel, Harley Davidson offers a military discount that includes no down payment, reduced rates and flexible term options. They also offer special financing options on the qualified riding training program.
Any other national military discounts on car purchases I should include?
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