Car Finance Deals
No-Interest Car Finance Deals
With so many of the popular car makers offering 0% financing for up to 60 and 72 months, the best Car Finance Deals no longer have to be leases. In fact, the best car loans this month are giving the monthly lease specials a run for their money. As long as this trend of long-term, 0%-APR loans are available, we will continue to publish these 0% APR Car Loans along with our Monthly Lease Specials. After all, it's all part of the same goal: to provide you with information on the very best Car Finance Deals.
I often visit and interact on the commentary sections of various car blogging sites. I am sometimes amazed at some of the negative things I hear from potential car buyers about car financing; whether it’s leasing and purchasing loans. One gentleman told me that he would never borrow money for a car because it depreciates. My reply was that this is exactly why we should borrow money to buy cars. At 60, 48 or even 36 months with no interest, the cash you save can be earning 1-2% in your bank account. What's even more important is that you are spreading out your risk over the depreciation period of the car. If you lose your job you're risk is a $200-$750 monthly car loan payment instead of $20,000 - $50,000 of cash that you already plunked down on a car that is worth 30%-40% less than what you paid for it. That cash you should have saved could be used to help make your mortgage payment. (or the car payment for that matter) Here's another puzzling statement a few cash-buying-ca-owners have made to me on the forums: “Buying a car on 0-APR loan is a bad idea because the low payment will tempt you into buying something better than you can afford.” This strange reasoning sounds like it came right our of one of Suze Orman’s, guilt-inducing, horror books. If I think a $417 a month car payment for a $25,000 car is more than I can afford, what makes me think I can afford to blow $15,000 to $20,000 dollars of my own, hard-earned cash? It may seem like I’m free of a monthly bill, but in reality how many monthly payments will I have to make back to my savings account to replenish that money I lost?
There are three excellent ways to finance cars without letting go of your hard-earned valuable cash:
- Leasing New Cars
- Buying New Cars on Low-APR Loans
- Buying reliable pre-owned Cars
I’ve chosen some of the best new car deals for April on the most popular models. These car deals are offered with either ultra low or 0% APR for 36, 48, 60 and 72 months. Later this month, I will publish some of the most affordable deals on reliable, used cars. After all, Monthly Car Lease is about more than just leasing cars, it's about getting the best car for your money.
20 Cars with 0% Financing for 60 or 72 Months
**disclaimer**
Actual monthly payments can vary according to dealer markups, handling fees, etc. The prices here are intended to be used as a guideline in determining the approximate monthly payment you can expect to pay based on an estimate of the loan amount based on 0% financing for 60 or 72 months.
| Car | Term | Interest Rate | MSRP | 10% Down | Monthly Payment | 10% Down |
|---|---|---|---|---|---|---|
| Toyota Avalon 3.5L V6 2011 | 60 | 0% | $32,995.00 | $3,299.50 | $549.92 | $494.93 |
| Toyota Camry LE 2.5L 4-CYL | 60 | 0% | $22,850.00 | $2,285.00 | $380.83 | $342.75 |
| Toyota Tundra 4x4 V8 2010 | 60 | 0% | $29,704.00 | $2,970.40 | $495.07 | $445.56 |
| Chevrolet Impala LS 2010 | 72 | 0% | $24,290.00 | $2,429.00 | $337.36 | $303.63 |
| Chevrolet Cobalt Coupe LS 2010 | 60 | 0% | $15,670.00 | $1,567.00 | $261.17 | $235.05 |
| Chevrolet HHR 2010 | 60 | 0% | $18,720.00 | $1,872.00 | $312.00 | $280.80 |
| Ford Focus SES Coupe 2010 | 60 | 0% | $18,780.00 | $1,878.00 | $313.00 | $281.70 |
| Ford Edge Base Model 2010 | 60 | 0% | $27,420.00 | $2,742.00 | $457.00 | $411.30 |
| Ford Escape XLT 4WD | 60 | 0% | $25,795.00 | $2,579.50 | $429.92 | $386.93 |
| Mazda 3 4-Door i-Sport 2010 | 60 | 0% | $16,955.00 | $1,695.50 | $282.58 | $254.33 |
| Mazda 6 i-Touring 2010 | 60 | 0% | $21,650.00 | $2,165.00 | $360.83 | $324.75 |
| Mazda CX9 Sport 2010 | 60 | 0% | $29,385.00 | $2,938.50 | $489.75 | $440.78 |
| Volvo S80 2010 | 72 | 0% | $39,200.00 | $3,920.00 | $544.44 | $490.00 |
| Volvo XC70 2010 | 72 | 0% | $37,950.00 | $3,795.00 | $527.08 | $474.38 |
| Chrysler Sebring 2010 | 60 | 0% | $20,860.00 | $2,086.00 | $347.67 | $312.90 |
| Chrysler Town & Country LX | 60 | 0% | $25,995.00 | $2,599.50 | $433.25 | $389.93 |
| Nissan Sentra Non-SR 2010 | 60 | 0% | $15,420.00 | $1,542.00 | $257.00 | $231.30 |
| Nissan Maxima 3.5S | 60 | 0% | $30,460.00 | $3,046.00 | $507.67 | $456.90 |
| Nissan Versa Sedan | 36 | 0% | $9,990.00 | $999.00 | $277.50 | $249.75 |
| Nissan Armada 2010 | 60 | 0% | $37,210.00 | $3,721.00 | $620.17 | $558.15 |
Tagged with: Best Car Loans • Car Finance Deals
Filed under: Car Leasing
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The Wall Street Journal Reported this morning that the Honda Motor Co. says it will recall 2,277 Accord 4-cylinder sedans and CR-V compact SUVs from the 2010 model year to replace an electrical wire harness coupler under the hood. The car maker says the couplers could have been damaged as the vehicles were assembled and could result in the engine stalling. The company says it found out about the problem though its warranty-repair program and that it isn’t aware of any accidents related to flawed harness couplers. Owners should take their vehicles to an authorized dealer as soon as Honda notifies them of the recall. Honda says it will begin contacting customers in early February 2011.