July 25, 2024
News

Incentives Increase in Anticipation of July 4th

As we approach the July Fourth holiday, incentives are becoming more attractive, focusing primarily on reduced rates while cash rebates are limited. Incentive spend in May reached 6.7% of average transaction prices (ATP), up from 6.3% in April and significantly higher than the 4% reported a year ago.

FAQ

Q: What types of incentives are being offered?

A: The current incentives mainly revolve around lower rates, with fewer cash rebates available.

Q: How does the incentive spend in May compare to previous months?

A: In May, the incentive spend was at 6.7% of ATP, which is higher than the 6.3% reported in April and significantly higher than the 4% from a year ago.

Conclusion

As we approach the July Fourth holiday, consumers can take advantage of attractive incentives in the market, particularly in the form of lower rates. It is important to stay informed about these incentives and shop around to find the best deal for your needs.

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