U.S. veterans personify some of the best qualities of the American people and deserve gratitude for their service. From kind words, ceremonies and financial benefits, vets are being recognized across the States for their sacrifice and duties.
Grateful companies within the auto industry have chosen to honor veterans and their families through exclusive financing programs and special discounts.
DriveTime Military Merit Program
The annual percentage rate (APR) on an auto loan varies depending on the lender, an applicant’s credit history and annual household income. DriveTime dealerships are offering active duty service members special financing through the Military Merit Program. Military members with at least 24 months of remaining active duty service are eligible to receive a three percent lower APR compared to other non-military personnel. Service members are approved regardless of credit history and are subject to a low down payment.
Photo of DriveTime in Richmond. Used with permission.
Chrysler Cash Allowance and Service
Qualified service members and veterans are eligible for a $500 cash allowance and car service for up to three years. The $500 cash allowance can be applied to the purchase of a new Chrysler, Jeep or Dodge vehicle. The three year service package includes lube, oil and filter replacement. Chrysler has specific qualifying criteria for their Military Incentive Program. The cash allowance is offered on top of existing incentives and is a way of honoring veterans for their service. Active duty service members reap the benefits of Chrysler’s gratitude over a span of years.
Ford Military Appreciation Program
Ford shows its appreciation for active duty service members and their families through special pricing and discounts. The Military Appreciation Program provides a special offer towards the lease or purchase of any eligible new Ford car, truck or SUV. Discounts and special offers vary but range in the hundreds of dollars. The best way to determine the amount of special offers is to contact Ford directly. Veterans, active duty service members and their families are honored by Ford for their efforts in defense of freedom and liberty. U.S. auto companies go the extra mile to show their appreciation for the military.
Photo of Ford dealership in Ohio by Fan of Retail via Flickr
VA Compensation and Disability Benefits
As of 2011, there were approximately 21.6 million veterans living in the United States or Puerto Rico, according to the U.S. Department of Veterans Affairs. These individuals have access to a number of benefits and services offered by the VA. In particular, the VA offers veterans access to compensation for injuries sustained or attributable to service in the U.S. Armed Forces. Compensation is paid based on the severity of injuries sustained and can be applied toward attaining new vehicles or other life-enhancing products. The VA also offers financial counseling and other services that help veterans with financial matters.
Honoring veterans and their families for their sacrifices is just and well-deserved. Veterans and their families have access to many exclusive auto programs and special discounts. Look for special offers and pricing if you are a veteran seeking the purchase of a new or used vehicle.
