July’s 0 percent auto loan incentives are being offered on much longer loan lengths across several automakers, with some up to 72 months, or six years. By saving money on the free financing and stretching loans out to five or six years, buyers can also keep their monthly payments low.
Although most 0 percent auto loan incentives require a high credit score to qualify, shoppers who don’t qualify can still save money on their car loan. Most consumers who have good, but not excellent, credit can still get approved for discounted rates on their auto loans through the manufacturer.
Here is a list of the automakers who are offering 0 percent financing in July 2010:
Buick – Buick buyers can take advantage of 0 percent auto loans for up to a lengthy 72 months on 2009 Enclave, LaCrosse and Lucerne models.
Cadillac – Cadillac is offering 0 percent auto loans on all its vehicles this month. The car loans are 36 to 72 months in length, depending on the vehicle.
Chevrolet – Chevrolet is giving qualified buyers six-year, 0 percent auto loans on its 2010 Impala, Avalanche, Silverado 1500 and Silverado 2500 in July. Five-year, interest-free car loans are available on the 2010 Chevrolet Cobalt Base and LS, Malibu, Corvette (excluding ZR1), HHR LS, Traverse, Tahoe, Suburban and Colorado. Chevrolet is also offering 0 percent car loans for up to a whopping 72 months on select 2009 models.
Chrysler – Chrysler is offering 0 percent financing for up to 60 months on its 2010 PT Cruiser and Town and Country in July.
Dodge – Dodge and Ram Truck are offering buyers 72-month, 0 percent car loans on 2010 Avenger and Charger models in July. Five-year, 0 percent financing is available on the 2010 Dakota, Grand Caravan, Nitro and Ram 1500. The 2010 Caliber, Journey, Ram 2500, Ram 3500 and Ram Chassis Cab 3500, 4500 and 5500 also have 0 percent auto loans in July, but with much shorter loan lengths.
Ford – Ford has added extra cash incentives on top of its 0 percent auto loan rates in July. The 2010 Taurus, Edge, Flex, Explorer, F-150 and Super Duty have anywhere from $500 to $1,000 in bonus cash for shoppers who get approved for Ford Motor Credit’s 0 percent auto loan rate incentive. The length of the car loan at 0 percent varies widely, so check Ford’s website before heading to the dealership. Most other 2010 Ford vehicles also have 0 percent auto loan incentives this month without the bonus cash.
The 2010 Ford Taurus has $500 in cash on top of its 0 percent auto loan rate incentive in July.
GMC – GMC is offering five and six-year, 0 percent car loan incentives in July on its Sierra, Yukon, Acadia and Canyon.
Hummer – If there are any left, Hummer is offering 0 percent auto loans for up to 72 months on all its 2010 models in July.
Infiniti – Infiniti‘s G37 sedan, G37 coupe, G37 convertible, EX35, FX35 and FX50 all can be purchased with 0 percent financing for up to 36 months in July.
Jeep – Shoppers can take advantage of 0 percent car loans for up to 60 months on all 2010 Jeep vehicles, except the Wrangler and Grand Cherokee. The Jeep Wrangler is 0 percent, but only for 36 months. The 2010 Jeep Grand Cherokee is 0 percent for 72 months.
Kia – Kia’s 2010 Soul, Forte, Forte Koup, Optima, Sedona and Sportage are all available in July with 0 percent auto loans for 36 months. The 2011 Kia Sorento is also available for 36 months with 0 percent financing. The 2010 Forte, Forte Koup, Optima, Sedona and Sportage also have $1,000 to $1,500 in bonus cash on top of the 0 percent auto loan incentive.
Lincoln – Lincoln is giving buyers 0 percent financing for up to 60 months on the 2010 MKS, MKZ, MKX and Town Car in July. Lincoln’s MKT and Navigator have 0 percent auto loans for only 36 months.
Mazda – Mazda’s July 0 percent auto loan incentives allow buyers to make no payments for 90 days and receive $500 in consumer cash on the Mazda3 and Mazda6 for loans up to 60 months. Mazda‘s other 0 percent auto loan incentives are good on the Mazda5, CX-7, CX- 9 and Tribute, ranging from 36 to 60 months. The Mazda5’s 0 percent car loan incentive also includes $500 in customer cash. The CX-9 is also part of the 0 percent financing and no payments for 90 days incentive.
Mercury – The 2010 Mercury Grand Marquis, Milan, Mountaineer and Mariner are available in July with 0 percent car loans for 36 months.
Mitsubishi – Buyers can take advantage of 0 percent financing for 60 months on all 2010 Mitsubishi models, except Lancer Evolution. The 0 percent auto loan incentive for 60 months is also good on 2011 Eclipse Coupe and Spyder cars.
Nissan – Nissan is offering 0 percent auto loans from 36 to 60 months in July on its 2010 Versa sedan, Versa hatchback, Cube, Sentra, Altima, Altima coupe, Maxima, Rogue, Murano, Xterra, Pathfinder, Frontier and Titan. The length of the loan depends on the model.
Saab – Every Saab vehicle has 0 percent financing in July, ranging from 60 to 72 months, depending on the model.
Suzuki – All 2010 Suzuki models can be purchased with 0 percent financing for either 48 or 60 months in July, depending on the vehicle.
Toyota – Toyota‘s 0 percent auto loan rates are good on the 2010 Prius, Yaris, Corolla, Camry, Camry Hybrid, Matrix, Venza, RAV4, Highlander, Tacoma and Tundra. Loan lengths vary from 36 to 60 months, depending on the model.
Volkswagen – Volkswagen is offering July buyers 0 percent auto loans on the 2010 Routan, Jetta, Jetta SportWagen, CC, Tiguan, GTI, Golf, New Beetle, New Beetle Convertible, Eos, Passat, Passat Wagon and Touareg. Loan lengths are 36, 60 or 72 months, depending on the vehicle.
Volvo – Volvo is offering 0 percent car loans for a lengthy 72 months on the XC70 and S80 in July. The S80 also comes with $2,250 in APR bonus cash.
Incentives listed are for the southeast region. They may differ depending on where you live. Check the automaker’s site to find the incentives in your area.
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