This is almost unheard of.
Automakers typically don't offer rebates or other types of discounts on their halo models. Normally, they don't have to because the demand for these niche models is usually already high enough. They sell themselves. In fact, dealerships are known to shamelessly tack on markups adding thousands to the final price simply because they can. But today's situation is different. In fact, it's nearly unheard of.
CarsDirect has gotten ahold of an incentive bulletin recently sent to dealers regarding the 2020 Dodge Challenger SRT Super Stock. Ready for this? That bulletin indicates this brutally powerful muscle car is eligible for an $8,070 cash incentive. You read that right. Beginning this month, the Super Stock is being offered with the same "$10 per horsepower" discount available to less powerful Challenger models.
Furthermore, the Super Stock could even be eligible for a 0 percent APR for 72 months deal that was first rolled out by the automaker prior to the Labor Day holiday. The Super Stock carries an MSRP of $81,090 including destination, which is really quite a bargain for a car with 807 horsepower. Now, slash $8,070 from that and the price drops to $73,020. However, it's important to be aware of something else. The 0 percent APR and $8k discount offer can't be combined.
So, which is better? Here's an example: A 5 percent APR for a six-year payment plan would result in a total cost of $85,726, or $1,191 per month. Opting for 0 percent interest for the same total amount comes to $1,139 a month. So that $8k discount actually ends up costing an additional $3,726. If your credit score is good enough, then opting for the 0 percent APR deal is clearly the better choice.
The Challenger Super Stock offers are still better than anything else offered by competitors, such as the Ford Mustang Shelby GT500. The Shelby has a $74,095 MSRP but it's not included in any Mustang rebates and financing offers. The $67,690 Chevy Camaro ZL1, meanwhile, only has a $1,500 rebate. Bear in mind both the Ford and Chevy are less powerful than the Dodge, rated at 760 hp and 650 hp, respectively.
Without question, Dodge still offers the best bang for your buck when it comes to raw horsepower. Those interested in this Super Stock offer should act fast because the deal is set to expire on September 30.