Although there are an increasing number of attractive lease incentives being offered lately, some of the best incentives are the 0% financing car loan deals. If you qualify, you’ll save hundreds to thousands of dollars over the life of the auto loan.
Here is a list of the automakers who are offering 0% financing in May:
Cadillac – Cadillac is offering 0% auto loans on its 2010 CTS, CTS-V and CTS Sport Wagon in May.
Chevrolet – The 2010 Silverado 1500 is available with 0% financing for 72 months in May. Buyers of the Chevrolet Malibu and Traverse can take advantage of 0% auto loans for 60 months. The Chevy Cobalt XFE and Impala are available with 0% financing or $4,000 in down payment assistance.
Chrysler – Chrysler is offering 0% auto loans for up to 60 months on its 2010 model year vehicles through GMAC Financial Services.
Dodge – Dodge is offering 0% financing for 36 months on most 2010 Dodge vehicles. The Dodge Avenger, Grand Caravan and Nitro are available with 0% auto loans for up to 60 months. The 2010 Dodge Charger can be bought with 0% financing for up to 72 months. Most 2010 Ram truck vehicles can be purchased with 0% auto loans for up to 60 months.
Ford – Ford is offering 0% auto loan incentives on almost every vehicle this month. The 2010 Ford Focus, Fusion, Mustang, Taurus, Edge, Flex, Escape (excluding hybrid), Sport Trac, Explorer, Expedition, Ranger, F-150, Super Duty, E-Series and Transit Connect all have 0% financing in May. The length of the loan depends on the model.
GMC – The GMC Acadia and Sierra are available with 0% car loans for up to 72 months in May.
Hyundai – In May, Hyundai is offering 0% financing only on the 2010 Sonata for 60 months plus $750 in bonus cash.
Infiniti – Infiniti’s G37 sedan, G37 coupe, G37 convertible and EX35 all can be purchased with 0% financing for up to 36 months in May.
Jeep – Shoppers can take advantage of 0% car loans for 36 months on all 2010 Jeep vehicles, like the Jeep Liberty pictured below.
Kia – Kia is offering 0% auto loans for 36 months on its 2010 Soul, Forte, Forte Koup, Sedona and 2011 Sorento. The 2010 Forte, Forte Koup and Sedona also have $500 in bonus cash.
Lincoln – Lincoln is giving buyers 0% financing for 60 months on the MKS, MKZ, MKX and Town Car in May. Lincoln’s MKT and Navigator have 0% financing for only 36 months.
Mazda – Mazda is offering 0% auto loans on the 2010 Mazda3, Mazda5, Mazda6, CX-7, CX-9 and Tribute in May. The Mazda5 and Mazda6’s 0% car loan incentive also includes $500 in customer cash.
Mercury – Mercury’s 2010 Grand Marquis, Mountaineer and Mariner are available with 0%, 36-month auto loans in May.
Mitsubishi – Every 2010 Mitsubishi vehicle has a 0% auto loan incentive in May. Some models also include a $500 factory rebate with the 0% financing incentive.
Nissan – Nissan is piling on the 0% car loan incentives in May. The 2010 Versa sedan, Versa hatchback, Sentra, Altima, Altima coupe, Maxima, Rogue, Murano, Xterra, Pathfinder, Armada, Frontier and Titan can all be purchased with 0% financing, but the length of the loan depends on the model.
Saab – Every Saab vehicle has 0% auto loan incentives in May. The length of the loan varies between 60 and 72 months, depending on the model.
Suzuki – Suzuki’s Grand Vitara and Equator Extended and Crew Cab can be purchased with 0% financing for 60 months in May.
Toyota – Toyota’s 0% auto loan rates in May are good on 10 different models, including the 2010 Prius, Yaris, Corolla, Camry, Camry Hybrid, Matrix, Venza, RAV4, Highlander and Tundra.
Volkswagen – Volkswagen is offering May buyers 0% auto loans on the 2010 Routan and Passat.
Volvo – Volvo is offering 0% car loans for 60 months on the XC70, V50, V70 and S40 in May. The S80 has 0% financing for up to 72 months plus $1,000 APR bonus cash.