Leasing or buying a car is one of the first big purchases many college graduates make. It’s important to get the best deal possible, and many automakers offer discounts and special programs specifically for students. In this article, we’ll take a look at some of the best car deals for college students from major manufacturers. So, whether you’re just starting out in your career or you’re about to graduate, there’s likely a great incentive waiting for you! You can submit step up applications for your service if you’d like to benefit more from it.
Qualifications for College Student Discounts
In order to qualify for most college student discounts, you’ll need:
● Proof of enrollment at an accredited university. This can usually be done by showing a valid student ID card or transcript.
● Have a job or other regular source of income.
● A good credit score. This is usually required for lease programs, but may not be necessary if you’re financing a purchase.
● You’ll need to have your own insurance policy in order to qualify for most college student discounts
● You’ll also need to be between the ages of 18 and 24, although some programs may have different age requirements.
● You’ll often need to have a GPA of at least 3.0.
● Some programs also require that you’re enrolled in a specific degree program, such as engineering or business.
● And finally, most programs require that you have a clean driving record.
Different auto manufacturers have different requirements for their college student discounts, so be sure to check with your desired automaker for specific details. But in general, these are the types of things you’ll need in order to qualify.
What You Can Expect With College Student Discounts
So what kind of savings can you expect with a college student discount? It depends on the program and the automaker, but generally speaking, you can expect to save anywhere from a few hundred to a few thousand dollars. Some programs also offer special financing deals or leasing options that make it even easier to get behind the wheel of your dream car.
Of course, not all college students will qualify for every single discount out there. But there are plenty of great deals to be had if you know where to look. So if you’re in the market for a new car, be sure to check out the college student discounts available from your favorite automaker. With a little bit of research, you could save yourself a lot of money!
Top College Student Discounts From Automakers
There are plenty of great deals out there for college students, but here are some of the best ones currently being offered:
Ford offers a $500 cash back bonus for college students and recent graduates who finance or lease a new vehicle. There are also special financing deals available with rates as low as 0% APR for up to 72 months.
Chevrolet, for example, offers a $500 discount to current college students and recent graduates through its GM Student Bonus Program. To qualify, students must be enrolled at a two- or four-year college, or have graduated within the past four years. So if you’re in the market for a new car, be sure to check with your favorite automaker to see if you’re eligible for a student discount.
Lincoln offers a $500 cash back bonus for college graduates or recent grads who finance or lease a new vehicle. There’s also a special financing deal available with rates as low as 0% APR for up to 72 months.
Subaru has a College Graduate Program that offers $500 cash back on any new Subaru vehicle when you finance through Subaru Motors Finance. You can also get special financing deals with rates as low as 0% APR for up to 63 months.
Volkswagen offers a $500 Contract Bonus for students who lease or purchase a new Volkswagen through the College Graduate Program. All you have to do is finance the purchase through Volkswagen Credit from January 4, 2022 – January 3, 2023. This bonus can help you get into the car of your dreams without breaking the bank.
So if you’re a college student who ‘s in the market for a new car, be sure to check out the discounts and deals available from your favorite automaker. With a little bit of research, you could save yourself a lot of money! And don’t forget to get pre-approved for financing before you head to the dealership. That way, you can focus on getting the best possible deal on the car of your dreams.Happy shopping!