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Deals for 2016 College Graduates

It's that time of year when college students are getting ready for graduation, and good news - most car manufacturers offer special deals for these recent graduates.

TrueCar put together a comprehensive list of all the incentives available this year, broken down by manufacturer. Deals include cash rebates, low down payments, flexible leasing – and financing offers that may include relaxed credit requirements, discounted percentage rates, no requirements for a co-signer, waived security deposits (on leases), and even deferred payments on their new car purchases.

As always, if you're shopping for a new car right now, I recommend you use TrueCar No Haggle and CarsDirect to quickly see what kind of deals are being offered in your area.

BrandTerms and Additional Info
AcuraSpecial financing offers, 5% down payment, $500 purchase discount, deferred payments
AudiAudi's program does not require a credit history or a co-signer and offers competitive rates to those who qualify, as well as no security deposits on a new lease
BMW$1,000 new car incentive, $1,500 pre-owned incentive, plus BMW's best available financing rates
Buick90-days deferred payments, with variable finance rates and cash vehicle discounts up to $1,750 on select vehicles
Chevrolet90-days deferred payments, with variable finance rates and cash vehicle discounts up to $4,000 on select vehicles
Ford$500 student bonus in addition to national Ford incentives on select vehicles
GMC90-days deferred payments, with variable finance rates and cash vehicle discounts up to $3,500 on select vehicles
Honda5% down payment, $500 College Graduate Bonus on any new 2015 or 2016 model year Honda automobile when you finance or lease with Honda Financial Services
HyundaiUp to $500 in down payment matching through BoostUp.com,  plus $400 college bonus toward a new 2016 or 2017 Hyundai when purchased or leased through Hyundai Motor Finance
InfinitiInfiniti's Signature Graduate program offers low annual percentage rates and special leasing terms, as well as delayed first payments on a purchase of a new or pre-owned Infiniti
KiaUp to $400 college bonus toward the purchase or lease of a new 2015 or 2016 Kia
Lincoln$500 student bonus in addition to national Lincoln incentives on select vehicles
MazdaFlexible financing options available with the finance or lease of a new Mazda through the Mazda Capital Services program
Mini$500 when leasing or buying a new certified pre-owned Mini through Mini Financial Services
NissanFlexible financing options and a variety of incentives available with the finance or lease of select Nissan vehicles
Scion$750 College Rebate on the purchase or lease of any new Scion, waived security deposit on leases, special finance rates, and 90-day deferral on first payment to qualified buyers on select finance programs through a Toyota/Scion dealer and Toyota Financial Services
SubaruFlexible financing options and a variety of incentives available with the finance or lease of a new Subaru vehicle
Toyota$750 College Rebate on the purchase or lease of any new Toyota, waived security deposit on leases, special finance rates, and 90-day deferral on first payment to qualified buyers on select finance programs through a Toyota dealer and Toyota Financial Services
Volkswagen$500 Contract Bonus when purchasing or leasing select new Volkswagen vehicles through Volkswagen Credit





3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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