The purchase of automobiles in the United States is constant. The main reason is that car companies strive to offer more updated models with affordable prices and, in some cases, with 0% APR. These zero interest promotions on purchasing a car are not the responsibility of just one company; many companies offer this benefit.
In addition to offering excellent quality cars, General Motors Company, Hyundai, and Volkswagen also benefit from acquiring certain models at low costs. They also have some vehicles with 0% interest rates. If you want to know more about the benefits of these brands, here below we tell you.
What car dealers are offering 0 financing?
Car manufacturers offer a wide variety of financing and special programs to encourage the purchase of vehicles. Some of these special promotions are as fascinating as acquiring a car with 0% APR for new vehicle purchases. Thanks to the different financing plans offered by dealers and brands in general, interested parties save hundreds and thousands of dollars on purchasing a car.
If you are wondering what car dealers are offering 0 financing, you can find the best financing offers at General Motors Company. Interested parties can purchase models from any of the brand’s four subsidiaries: Chevy, GMC, Cadillac, and Buick.
Annually the company establishes a specific month to take advantage of this promotion on different models of its four brands. Depending on where you live and the dealership you visit, car models may vary.
Another company that also offers zero-down financing is Hyundai. In addition to being a brand with competitive prices and special offers, it also gives this type of promotion to its customers. The well-known Volkswagen brand offers zero financing for 72 months, and some other vehicle manufacturers such as KIA, Mazda, and Lexus also offer these promotions.
General Motors Company offers 0% financing
General Motors Company is one of the largest vehicle assemblers in the United States. It has four brands – Chevy, GMC, Cadillac, and Buick – whose corporate identities are independent. Each operates as an individual company and offers a different type of automobile from the other.
GM develops a special 0 financing program for specific models in each of these brands.
When is GM 0 financing?
The company offers this benefit every year in September and October. It is known as “Pick Up month.” During this period, applicants come to the dealerships to pick up the vehicles available with this promotion. However, to access the discount, those interested in benefiting from this offer must reserve the car from April onwards.
GM offers a six-month reservation and pick-up period. Those who request a vehicle reservation in April will be able to search and complete the process during September and October.
All cars are not included in this promotion. Depending on your location and the dealership you visit, you will have different availability. We recommend that you visit and ask for the available models at your preferred dealership.
If you want to know more about GM’s zero financing and other available promotions, read our post on When does gm offer 0 financings?
Hyundai offers 0% financing
Hyundai is another brand that makes an effort to offer tentative prices to customers buying new cars. It also has some special programs, and there you can find the 0% APR offers.
APR is the acronym for Annual Percentage Rate. This is the percentage you pay to the bank for borrowing the money. This financing plan consists of reducing the percentage you pay to the bank to zero, and you will have no interest payment for the financing of the vehicle.
By receiving the money completely free from the bank, it is important to be consistent in your monthly payments to maintain the zero percent rate. Hyundai assures that when the company does not have this benefit, it rewards customers with the lowest interest rates it can perceive in the market.
The brand has a wide variety of car models within this promotion, such as SUVs and hybrid vehicles.
Other Hyundai discounts
If you want to learn about other Hyundai APR discounts, you can visit their website and learn more about the promotions:
- Military Program: benefits all active and retired members of the U.S. Armed Forces at more economical prices
- Mobility Program: is intended to fund the inclusion of equipment that assists customers with physical disabilities, such as installing on/off ramps and wheelchair lifts
- College Graduate Program: Recent graduates have the opportunity to opt into new vehicles and save thousands of dollars
- First Responder Program: A discount for all 911 workers, firefighters, health care personnel, and other professionals who put their lives on the line every day
Volkswagen offers 0% financing
The German automaker Volkswagen also has different financing options for its customers. These include 0% financing for 72 months on many new vehicles. The program began in 2020 as a measure to incentivize car purchases after the onset of the global pandemic. However, the plan remains in place to this day.
This alternative allows you to save thousands of dollars on purchasing a new vehicle. If you want to know more about the program, go to the company’s official website and find out which models are available.