The automobile industry is always offering new incentives when a consumer is looking to buy a new car. This isn't a bad thing for consumers. In fact, the new car incentives that dealerships and manufacturers offer potential car buyers can save them a lot of money instantly or over the length of their loan. Dealerships will have "new car buying special offers" on previous year's makes and models to move them off the lot to make room for the arriving new models. These offers can be very alluring. People who visit a dealership buying a new car may end up getting persuaded to purchase a last year's model because of the savings they'll get. New car incentives vary from dealership to dealership and from manufacturer to manufacturer. Most new car incentives actually can be on specific makes and models only and can change from month to month. The most popular incentives used by dealerships and manufacturers include the low or zero interest rates and cash rebates when you are buying a new car. Most people find that either one or the other incentive works out best for their personal circumstances. It's best to compare both options by using a car loan calculator and analyzing what your monthly payment would be when you buy a new car,after using both of the offered incentives. Sometimes, but not often, a dealer or manufacturer will offer both cash rebates and low interest rates. This is a rarity, but if a dealership wants to move certain makes and models off the lot quickly, it could be an incentive their willing to offer. This marketing strategy of double incentives always draws more people in when they are out buying a new car. Keep in mind - double incentives means that the interest rates will be higher and the cash rebate for a lesser amount then, only if one of the incentives was chosen. Regardless of the New Car Incentives February 2012, it is crucial that the vehicle you chose to purchase fits all of your needs. Once you have chosen a vehicle, start looking up different dealerships to find where the incentives might be offered. You need to know the true cost to own this particular vehicle you intend to buy incase there are no current new car incentives being offered at the time. Another important tip - knowing your credit score. You may not even qualify for any new car incentives if your credit score is too low. Research all the aspects of new car buying before you make any final decisions. Being knowledgeable about the automobile industry and the negotiating process can leave money in your hands.