Buying A Car, College Grad? Don’t Forget The Rebates

You’ve worked hard to get your college degree. If you’re not swamped in student loan debt and are considering buying a car to help you navigate your new place in the world, there’s some help available.

The good news is that most major automakers offer some form of college graduate discount. The bad news is that some are regional offers, and many are somewhat confusing in their terms.

But you got through college exams, right? So, sifting through the fine print should be a talent you’ve developed by now.

Here’s a sampling of some of the special discounts available from automakers to college grads this June.

Honda Graduate Program

Honda gives graduates a head start by offering flexible, competitive financing through Honda Financial Services on the purchase or lease of a new or Certified Used Honda vehicle. On traditional financing, college grads can also benefit from a deferred first-payment option for 90 days, with 60 days interest-free.

The Honda Graduate Program has a few minimum eligibility requirements, including five percent minimum down payment; no adverse credit history; verifiable proof of employment or a firm job offer commitment with a start date no more than 120 days from the date of the finance contract.

The program is open to graduates with a master’s, bachelor’s or associate degree from a U.S.-accredited two- or four-year college or registered nursing school. Eligible participants must have graduated during the past two years or will graduate in the next four months from the date of the finance contract.

Credit and document requirements must be presented to the Honda dealer at the time of purchase or lease. Certain current offers are also available with the Honda Graduate Program.