April new car shoppers will find an array of 0 percent auto loan rate deals across several different vehicles and automotive brands. The interest-free incentives are still available on some remaining 2010 vehicles, but more new 2011 vehicles are being offered with the auto loan rate incentive. Keep in mind that to receive most of these 0 percent auto loan incentives, you have to have a good credit score.
Shoppers who don’t qualify for the 0 percent auto loan incentives can still save money on their auto loan by shopping around at their local credit union or bank to get pre-approved financing before going to the dealer. Then see if the dealership can beat what you’ve been pre-approved for. This will help you get the best auto loan rate possible on your next new car purchase.
Here are the automakers who are offering 0 percent auto loan financing during April 2011:
Buick is offering 0 percent financing on its 2010 Lucerne and 2010 and 2011 Enclave for up to 60 months in April. The 2010 Buick Enclave also has $1,000 in bonus cash on top of the 0 percent auto loan rate.
Chevrolet is offering 0 percent auto loans on most 2010 vehicles in April and several 2011 models. The 2011 Chevy Traverse, Silverado, Colorado, Avalanche, Malibu, Impala and HHR are all available with interest-free financing this month.
Chrysler‘s 0 percent car loan rates are available on the 2011 200 and 200 Convertible for 36 months in April.
Dodge and Ram Truck are offering 0 percent auto loan rates on most 2010 and select 2011 vehicles in April. Some of the 0 percent financing deals are good up to 72 months. Vehicles include the 2011 Avenger, 2011 Caliber, 2010 Challenger and 2011 Nitro. Ram Truck’s 2011 Dakota, Ram 1500, 2500 and 3500 are also 0 percent in April.
Ford is offering shoppers interest-free auto loans on select remaining 2010 models in April, as well as the 2011 Escape, Expedition, Flex, Focus Sedan, Fusion, Mustang, Super Duty and Taurus.
GMC‘s 0 percent auto loans are good in April on the 2011 Acadia, Canyon and Sierra.
Jaguar is featuring 0 percent auto loan financing on its 2011 XF in April. On a $52,500 car, 0 percent financing could save thousands of dollars over the life of the loan.
Hyundai is offering interest-free financing on its 2010 and 2011 Genesis for 36 months in April. The 2010 Veracruz is 0 percent for 48 months, while the 2011 Veracruz is interest-free for 36 months.
Jaguar is featuring 0 percent auto loan rates on its 2011 XF, XF Premium, XF Supercharged, XFR, XJ, XJL, XJ Supercharged, XJL Supercharged, XK and XKR in April. The loan length varies, depending on the vehicle.
Jeep shoppers can take advantage of 0 percent financing on the 2011 Liberty, Patriot and Compass in April.
Kia is offering 0 percent financing for 36 months on its 2010 Forte, Forte Koup, Optima, Rio, Rio5, Sedona and Soul. Bonus cash from $500 to $2,500 is also available on top of the 0 percent incentive in April.
Lincoln has interest-free auto loans on its 2011 MKS, MKT, MKZ and Navigator in April.
Mazda‘s 0 percent car loan rates are good on the 2011 Mazda2, Mazda3, Mazda6, CX-7 and CX-9 this month.
Mitsubishi is featuring 0 percent financing on the 2011 Lancer, Lancer Sportback, Lancer Evolution, Galant, Eclipse Coupe, Eclipse Spyder, Outlander, Outlander Sport and Endeavor this month.
Nissan‘s 0 percent auto loans are good on its Versa Sedan, Versa Hatchback, Cube, Sentra, Altima, Altima Coupe, Maxima, 370Z Roadster, Murano, Xterra, Pathfinder, Frontier and Titan in April.
All trims of the 2010 Saab 9-3 have 0 percent financing for 72 months in April. All 2011 Saab 9-3 models also have 0 percent car loans this month, but only for 36 months.
Suzuki‘s entire 2011 lineup is available with interest-free financing in April. The auto loans range from 48 to 60 months, depending on the model.
Toyota is offering 0 percent financing on its 2011 Tundra, Tacoma, Sienna, Highlander, RAV4, Avalon, Camry Hybrid, Camry and Corolla in April. The 2010 Matrix and Venza are also 0 percent this month. The length of the loan varies depending on the model.
Volkswagen is featuring interest-free auto loans on its 2011 CC, Routan and Eos in April. The CC’s loan deal is 60 months long, while the Routan and Eos are available for 72 months at the 0 percent rate.
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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