Question: What Car Companies Are Offering 0 Financing??

Kia, FIAT and GM are the manufacturers offering the best overall financing terms – up to 75 months at 0% interest, or 0% for 72 months plus some cash back on several FIAT, Chevrolet and Buick models.

Is anyone offering 0 financing on cars?

Zero percent loans are free money if you’re the buyer, but not if you’re the carmaker, which has to pick up the tab for such offers just as it does with traditional cash-back rebates. Provided you can find and qualify for a zero percent car loan, it sounds like a no-brainer.

Does Chevy offer 0 financing?

Chevrolet Zero Percent Financing Offers. Finance your next Chevy vehicle with our zero percent APR offers! We offer Chevrolet financing for Hammond, Baton Rouge, and New Orleans car shoppers with low car financing rates and incredible 0% financing deals.

What credit score do you need to get zero percent financing?

While lenders don’t typically share what your credit scores should be in order to qualify for a 0% APR auto loan, credit scores of 700 and higher (on a scale of 300 to 850) are typically considered good. A score of 720 to 750 or higher may give you an even better shot at getting approved.

What new cars are offering 0 financing?

  • 2019 Chevrolet Cruze. Purchase Deal: 0% financing for 60 months plus $500 bonus cash.
  • 2019 Ford F-150. Purchase Deal: 0% financing for 72 months.
  • 2020 Hyundai Santa Fe. Purchase Deal: 0% financing for 72 months.
  • 2019 Jeep Grand Cherokee.
  • 2019 Kia Stinger.
  • 2019 Nissan Murano.
  • 2019 Subaru Outback.
  • 2019 Toyota RAV4.

What does 0 Financing on a car mean?

For 0 percent loans, you pay no interest. That means you’re borrowing money from a bank but paying no fee for the privilege of doing so. Essentially, 0 percent interest gives you the chance to pay the same amount of money as a cash buyer, even though you’re spreading your payments over a longer term.

What is best month to buy car?

Shop late in the year and late in the month

The months of October, November and December are the best time of year to buy a car. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. And all three goals begin to come together late in the year.

What cars are offering zero percent financing?

2019 Vehicles Offered With Zero-Percent Financing In March:

  1. Cadillac Escalade: For 72 months, or $5,000 cash back.
  2. Cadillac XTS: For 72 months plus $1,500 cash back.
  3. Chevrolet Bolt EV: For 72 months.
  4. Chevrolet Colorado: For 72 months, or $750 cash back.

Is it better to get a car loan from bank or dealer?

The good news is that you have options: You can get your car loan from a bank or credit union, or you could go through the dealer. While both have their benefits and considerations, you’re always better off being informed about your financing options before you ask for the keys.

Does GM ever offer 0 financing?

GM is offering zero-percent financing for 72 months on the Chevy Silverado, Equinox and GMC Tahoe, and for 36 months on most other Chevy models as part of its Black Friday sales event. The 2018 model year F-150 is eligible for the financing for 72 months.

Is a 72 month car loan bad?

Alarming car buying statistics

Auto loans over 60 months are not the best way to finance a car because, for one thing, they carry higher car loan interest rates. Experian reveals that 42.1% of used-car shoppers are taking 61- to 72-month loans while 20% go even longer, financing between 73 and 84 months.

How dealers make money on financing?

Most dealers don’t make the bulk of their profits on the sale of a new car. The big profit usually comes through arranging car loans, selling add-ons, and making money on your trade-in. Dealers can easily make a profit of $3,000 just through the financing alone (see: How Dealers Make Money on Financing).

Photo in the article by “Pixabay” https://pixabay.com/illustrations/car-dealership-car-car-showroom-3250008/