The 2024 Ford Escape is a compact SUV that impressively blends style, efficiency, and technology, making it a popular choice for drivers seeking versatility. With its sleek design, advanced safety features, and modern in-cabin technology, it’s no wonder the Escape continues to capture the attention of families and commuters alike.
If you are considering buying this model, I recommend looking out for the 2024 Ford Escape deals and incentives to get the most value for your money. To help you on your car buying journey, I bring this blog where we will break down current Escape offers, finance options, and how you can make the most of available incentives.
But before we begin, please remember that October brings exclusive deals, so act fast to secure these limited-time savings.
2024 Ford Escape Overview
The current year Escape is a great SUV that combines decent fuel economy, a spacious interior, and tech-forward features. It drives more like a car than an SUV, making it effortless to maneuver in just about any situation. The 2024 Ford Escape price ranges from $29,495 to $40,500 for its six offered trims.
Check out below what makes the new Ford Escape a standout SUV:
- Engines: The lineup is available with turbocharged and hybrid powertrains, offering a balance of power and efficiency.
- Trims: The model comes in various trims, including the S, SE, ST-Line, and Platinum, catering to different preferences and budgets. These trims are also available as hybrid and PHEV variants. Do not worry, as these models are not affected by the Ford delay of new EV plant. Thus, you can go eco-friendly without any worries.
- Tech Features: With a large touchscreen, SYNC 4 system, and driver-assist technologies like Ford Co-Pilot360, it ensures a safe and connected driving experience.
- Cargo Space: It boasts a generous amount of cargo room, ideal for long road trips as well as daily commuting.
Key Specifications
- MSRP: From $29,495
- MPG: Up to 42 city / 36 highway
- Engine: 1.5 L 3-cylinder, 2.0 L 4-cylinder, 2.5 L 4-cylinder
- Horsepower: 163 to 250 hp
- Transmission: 8-speed automatic, Continuous variable transmission
- Towing Capacity: 1,500 to 2,000 lbs
- Cargo Space: 34.4 to 37.5 ft³, 60.8 to 65.4 ft³ with seat area
- Dimensions: 181″ L x 74″ W x 66″ H
What Deals And Incentives Can You Expect On The 2024 Ford Escape?
As the year progresses, Ford often offers promotions that vary based on region, dealership, and individual qualifications. While specific offers may vary depending on your location and dealership, here are some common types of deals and incentives you can expect:
Cash Rebates
Cash rebates are among the most straightforward deals available on this SUV. Ford may offer a set amount of money off the purchase price of the vehicle. The amount can vary from $500 to $2,000, depending on your region and timing.
Cash rebates are often available to all customers, but the loyal Ford customers or those trading in older models might get a better boost.
Low-Interest Financing
Ford frequently provides attractive financing deals through Ford Credit, presenting offers like 0% APR for a specified term (usually 36-72 months) for qualified buyers. Such financing can significantly reduce your interest paid over the life of a loan, saving you thousands of dollars. If you have excellent credit, it is worth exploring these options.
Lease Deals
If you prefer leasing, you are in for a treat. Ford often provides competitive lease deals on its models. As per the latest Ford Escape 2024 lease deals, you might find offers like $299 per month for 36 months with a small down payment or similar attractive rates.
Leasing a car can be an excellent option, especially if you enjoy driving a new vehicle every few years without the long-term commitment of ownership.
Loyalty Offers
If you’re a current Ford owner or lessee, you may qualify for loyalty incentives when purchasing a new Ford Escape. The 2024 Ford Escape incentives will typically be available in the form of additional rebates or discounts, which can further reduce the cost of your new ride.
Thus, before you make a final decision, always inquire with your dealer about their current loyalty programs.
College Graduate & Military Discounts
Ford also offers special incentives to recent college graduates and military personnel. If you’ve recently completed your degree or served in the military, you could be eligible for a discount of up to $500 on your car purchase.
If you want to take advantage of this offer, be sure to bring related documentation to your dealership.
Bonus Cash for Trade-Ins
Trade-in offers are another way to boost savings on your purchase. Ford dealerships generally provide bonus cash when you trade in an older vehicle, especially if it is a Ford model.
Depending on the age and condition of your trade-in vehicle, you could receive a significant reduction in the purchase price of your new Escape.
Cash Back
Like many other automakers, Ford also offers attractive cashback offers on its car purchases. If you have good credit, there are high chances for you to receive a lump sum of money directly from Ford or the dealership when you purchase the trendy Ford Escape.
2024 Ford Escape Deals And Incentives For October 2024
For October 2024, Ford offers several attractive deals and incentives on the Escape model lineup. Here’s a breakdown of some of the regional and national offers available this month that you can take advantage of:
APR Financing Deals
Ford is offering varying APR for the current Escape based on the location and trim for qualified buyers through Ford Credit. Some regions and trims seem to offer 0% APR for up to 72 months, while other areas report 0.9% APR for up to 36 months, which could be another regional or trim-specific offer.
The availability of 0% vs. 0.9% APR depends on the dealership, the specific model or trim, and where you’re located. I recommend you check with your local dealer or Ford’s official website to confirm which offer applies to your region.
Well, whichever APR financing you choose, the bottom line is that it will provide you with a low-interest option to finance your purchase. This makes it an excellent time to buy if you want to spread out payments with minimal interest.
Cash Rebates
Some dealerships are also offering cashback incentives of up to $1,000 for select models. These offers are usually stackable with financing deals, giving buyers like you flexibility depending on whether you prefer cash discounts or lower APR rates.
In Texas, you can find up to $3,750 in cash rebates for this Ford SUV, including the Plug-in Hybrid and Hybrid models.
Federal EV Tax Credit
The 2024 Escape Plug-in Hybrid qualifies for a partial $3,750 tax credit under the Federal EV Tax Credit. This is due to the Escape PHEV meeting battery manufacturing requirements for North America, qualifying for a partial tax credit.
Lease Offers
You can lease a present-year Ford Escape for as low as $299 per month for 36 months, with around $3,499 due at signing. Mileage allowance and other terms can vary, so it is best to check with your local dealers for specifics. This deal is typically available for the SE trim, but other trims may have different lease terms.
Ford is also offering lease deals starting at $548/month for the new Ford Escape ST-Line on the West Coast, with $3,750 due at signing. The Plug-in Hybrid variant of the Escape is available for $659/month on the West Coast, with $3,750 due at signing.
College Student Recognition Exclusive Cash Reward
Ford offers a $500 cash reward for college students or recent graduates toward the purchase or lease of a new Ford vehicle, including the latest Escape. Simply verify your student status to prove your eligibility.
First Responder Recognition Exclusive Cash Reward
Ford’s First Responder Recognition Program grants a $500 exclusive cash reward for eligible first responders, such as police officers, firefighters, paramedics, and EMTs, to use toward purchasing or leasing a new Ford automobile.
Military Recognition Exclusive Cash Reward
For military personnel, including active duty, veterans, retirees, and family members, Ford provides an exclusive $500 cash reward under its Military Recognition Program. This incentive can be applied to the purchase or lease of the new Ford Escape as well.
Tips To Maximize Your Savings On a 2024 Ford Escape
Simply knowing the availability of different 2024 Ford Escape deals and incentives the USA automotive market has to offer will do you no good. If you want to get the most benefit out of your car purchase, you need to know how to maximize your savings.
That’s right. Simply jumping on the available offers is not the end of your smart purchase. If you wish to maximize your savings, consider our following tips:
- Check Regional Offers: The regional offers can vary by location, so be sure to check Ford’s official website or contact your local dealers to see what is available in your area.
- End-of-Month, Quarter, or Year Promotions: Dealerships often have sale quotas to meet, making the end of the month, quarter, or year an excellent time to negotiate. You are most likely to find deeper discounts or special offers during these periods.
- Holidays: Special occasions and holidays like Thanksgiving, Christmas, the Fourth of July, and others are the times when car dealerships offer attractive offers on their vehicles. You can get impressive deals on anything from Kia Niro and Toyota 4Runner to Ford F-150 and more.
- Look for Special Events: Many dealerships host events like Ford Truck Month or Ford SUV Season, where they promote even better deals on specific models, including the Escape.
- Negotiate: Even with incentives, there’s often room for negotiation on price, so do not hesitate. Do your research on the fair market value of the Escape throughout the country and your particular region, and be prepared to haggle.
- Consider Certified Pre-Owned: If you’re looking to save even more, a certified pre-owned (CPO) 2024 Ford Escape can provide many of the same benefits as its new counterpart but at a lower cost. Ford’s CPO vehicles come with warranties and have undergone rigorous inspections, providing you assurance.
Where To Find The Best 2024 Ford Escape Deals?
When shopping for the new For Escape, it’s crucial you explore multiple avenues to ensure you get the best deal. From local dealerships to online resources, there are several ways to track down discounts, promotions, and incentives. Here’s a detailed guide on how and where to find the best deals on your new Escape.
Local Ford Dealerships
Your local Ford dealership is always the first place to check when looking for Ford Escape lease specials near me. Many dealerships have their own promotions in addition to national offers from Ford.
By visiting or calling, you can inquire about:
- Current manufacturer rebates and dealer-specific incentives.
- Seasonal sales events (e.g., Memorial Day, Labor Day, or year-end clearance).
- Demo or loaner vehicles: These are slightly used vehicles with low mileage that are often sold at a significant discount.
I recommend you visit several dealerships near your location. This will allow you to compare offers and see which seller is providing the most competitive pricing. Don’t be afraid to ask about negotiating on price, interest rates, or trade-in value.
Ford’s Official Website
Ford’s official website is an excellent starting point for exploring national incentives and promotional offers. The Ford.com website often lists:
- Nationwide Promotions: These can include cashback rebates, low-APR financing, or lease offers.
- Local And Regional Incentives: When you enter your ZIP code, the site will show offers that are specific to your location.
- Special Programs: Programs like military appreciation, first responder discounts, or college graduate offers are highlighted here.
Ford’s site also provides a way for you to compare different trims, features, and configurations of the 2024 Escape to ensure you’re choosing the one that fits your budget and needs.
Third-Party Automotive Websites
Numerous third-party websites aggregate dealer inventory and promotions, giving you a comprehensive view of available deals. These platforms allow you to compare offers from multiple dealerships in your region or even across the country.
Some popular third-party platforms include Cars.com, Edmunds, TrueCar, and AutoTrader. These websites can also notify you of price drops or new deals, helping you stay informed about ongoing promotions.
Dealership Websites And Email Newsletters
Many Ford dealerships have their own websites where they post exclusive online offers. By visiting these sites, you can often find:
- Internet Specials: These are typically available only to customers who inquire online or mention they found the deal on the dealership’s website.
- Coupons And Promotions: Some dealerships post limited-time coupons for discounts on new car purchases or trade-ins.
- Lease Deals: Dealers often advertise competitive lease offers with low monthly payments and reduced down payments.
Thus, you can see how signing up for a dealership’s email newsletter is another great way to stay in the loop. Dealerships frequently send out information about flash sales, weekend events, and clearance deals in their newsletters, which may not be advertised elsewhere.
Ford Credit And Partner Financing Deals
If you’re looking to finance your purchase, it’s worth exploring options with the automaker’s financing arm, Ford Credit.
Ford Credit often offers:
- Low APR financing: Depending on your credit score, you may qualify for 0% or low-interest financing on your new Escape.
- Deferred payment options: Some promotions allow you to defer payments for a certain period, such as 90 days, providing more flexibility.
Some dealerships even partner with outside lenders or local banks and credit unions to finance their customers. To ensure you get the best possible financing terms, it is always a good idea to compare the ones from Ford Credit with what you might receive from other institutions.
Car Buying Services
Consider using car-buying services like Costco Auto Program, AAA Auto Buying, or Sam’s Club Auto Buying Program. These services negotiate lower prices on your behalf with participating dealers, often providing you with substantial savings.
Manufacturer Incentives for Trade-Ins
If you have a vehicle to trade in, Ford dealers often provide additional trade-in incentives to reduce the overall price of your new purchase. Some promotions even offer bonus cash on top of the trade-in value, further lowering the price of your new car.
Conclusion
The impressive current year Escape offers an excellent mix of performance, safety, and modern features, making it an ideal choice for a wide range of drivers. By taking advantage of the 2024 Ford Escape deals and incentives—such as cash rebates, low APR financing, and loyalty offers—you can drive away in a new Escape for less than you might expect.
Do your homework, compare offers, and don’t hesitate to negotiate for the best deal. Now’s the perfect time to visit your local Ford dealership and see what savings you can unlock on this brand-new and environment-friendly Ford SUV.
Visit your local Ford dealership today to explore these offers and take advantage of savings on the new Ford Escape!