Kia March New Car Incentives
by Steve Cypher on Tuesday, March 2nd, 2010Bad credit car loan customers in March can take advantage of new car incentives from Kia to reduce their monthly car payment and keep their interest expenses down.
Auto Credit Express
At Auto Credit Express we’ve spent close to 20 years focusing on individuals with bad credit while helping these same consumers raise their credit scores and reestablish their car credit by completing a credit application and financing a vehicle with a bad credit auto loan. Along the way, we try to provide our applicants with the information needed in order to make an educated decision because the process of reestablishing their auto credit can be an expensive one – especially if they choose the wrong car.
New cars can be considerably more reliable than most used cars, but often the added expense puts them out of reach for many bad credit car loan customers. Fortunately, new car incentives, usually in the form of “customer cash”, can not only lower the price of a new vehicle; they can also contribute, at least in part, to the down payment requirements of many subprime lenders.
For the month of March, Kia, a manufacturer that produces a number of affordable vehicles, is offering customer cash on many models that are ideal vehicles for bad credit car loan financing.
March new car incentives
For the month of March, Kia is continuing its program of aggressive incentives – particularly as a percentage of MSRP (window sticker prices). In particular, we are going to concentrate on those models that have an entry level price (after rebates) of under $20,000.
New car incentives during the month of March for 2009 models, which are available to all buyers regardless of their FICO score, are as follows:
2009 Kia Optima – $3,000
2009 Kia Rio – $2,000
2009 Kia Rondo – $2,000
2009 Kia Sorento – $5,000
2009 Kia Spectra – $3,000
2009 Kia Sportage – $2,000
New car incentives during March for 2010 models are as follows:
2010 Kia Forte – $1,000
2010 Kia Forte Koup – $500
2010 Kia Optima – $1,000
2010 Kia Rio – $500
2010 Kia Sportage – $500
An example: the 2009 Kia Spectra EX
A good example of the difference dealer cash makes is the 2009 Kia Spectra, an ideal car for bad credit car loan buyers. There still a few 2009’s available and to move them off dealer lots, Kia is putting $3,000 customer cash “on the hood” of the Spectra.
Let’s price out a 2009 Kia Spectra. The 2009 EX model with the 4-cylinder engine and automatic transmission also includes air conditioning, AM/FM/CD/Sirius radio with a USB connection for your iPod, power steering, power outside rearview mirrors, tilt steering wheel, rear window defroster and all the air bags. The MSRP is $17,245. With tax and fees (estimated), we’re looking at $18,200 or so. Now, subtract the $3,000 in customer cash for an amount to finance of $15,200 – a very affordable vehicle even if you’ll be financing it with a bad credit auto loan (and this is before you subtract your own down payment).
In addition to an affordable price, all Kia models come with an excellent 5-year/60,000 mile basic warranty that includes 24-hour roadside assistance as well as a 10 year/100,000 mile limited powertrain warranty – one of the longest and most comprehensive in the industry. Kind of makes you want to fill out a bad credit car loan application right now, doesn’t it?
The Bottom Line
New car rebates and customer cash are a great way to not only make a vehicle more affordable, but also contribute towards your down payment. In the case of the Kia Spectra EX, you can buy a vehicle with a retail delivered price of over $18,000 for just over $15,000.
At Auto Credit Express, we feel it’s important that you make the right choices when it comes to a bad credit car loan buying decision. Those choices include finding the right dealer and the right car to help you reestablish your car credit. Any of the affordable models listed above, with the additional customer cash, will make a bad credit car loan more affordable, while keeping the interest costs down.
For more information on the bad credit auto loan process and to begin the application process, please visit our web site at www.autocreditexpress.com.
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lucky for those consumers with bad credit they are still able to find a bad credit car loan option. This loan option supplies auto lending options for those with bad credit.
what KInd of interest are you asking for a bad credit loan on one of these incentive cars
Laurie,
Unlike conventional auto financing, bad credit lenders look at your ability to pay, including your debt-to-income ratio, your monthly income, and the payment to income ratio of the car. They also consider job time, how long you’ve lived at your current residence, whether you rent or own and whether you have “situational” or “habitual” bad credit.
The first thing I would suggest doing is filling out our secure online car loan application at http://www.autocreditexpress.com/sem. If you have any questions before doing this, you can contact our customer service department at 866-902-4403 or by emailing us at support@goacegroup.com.
Unfortunately, for security reasons, we are unable to take customer credit applications over the phone.