10 Best 0% APR Deals in May 2024 - Kelley Blue Book (2024)

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10 Best 0% APR Deals in May 2024 - Kelley Blue Book (1)ByAllyson Harwood05/07/2024 8:00am

  • Best 0% APR Deals

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (2)

    This month’s list of 0% APR deals covers cars, 2- and 3-row SUVs, and models that are subcompact, compact, and midsize. Yet even with that, there still wasn’t enough room for all the deals we found. If you are looking for a 0% APR deal on an electric vehicle, you can check out the list of 10 Best Electric Car Deals. There are seven 0% APR deals there, too.

    Term lengths range from 36 to 72 months, and some include cash back. Please check with your local dealer beforehand to ensure the deal you want is available. All prices are for the trim level on special, or the base price if it applies to all trims, and include the destination fee. However, prices do not include tax, title, or license fees.

    Here are the best 0% APR deals in May 2024.

  • 10. 2024 Volkswagen Taos

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (3)

    Price: $25,420
    Current offer: 0% APR financing
    Expires: 7/1/2024

    See Volkswagen Taos models for sale near you

    Volkswagen’s sporty subcompact SUV is surprisingly roomy inside for its segment. The 2024 VW Taos comes standard with a suite of active safety and driver-assistance features, as well as 18-inch wheels, LED headlights and taillights, and VW’s digital co*ckpit. This month’s deal has a 60-month term; no down payment is required.

    Compare dealer offers

  • 9. 2024 Nissan Altima

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (4)

    Price: $37,210
    Current offer: 0% APR plus $1,250 cash back
    Expires: 6/3/2024

    See Nissan Altima models for sale near you

    The sporty, family-friendly Nissan Altima is a midsize sedan with upscale style and amenities. It boasts some of the most comfortable seats in its class. This month’s deal on the Altima SR VC-Turbo has a 36-month term, and you can also get $1,250cashbackk.

    Compare dealer offers

  • 8. 2024 Mitsubishi Outlander

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (5)

    Price: $29,890
    Current offer: 0% APR financing
    Expires: 6/3/2024

    See Mitsubishi Outlander models for sale near you

    The stylish Mitsubishi Outlander is one of the most affordable 3-row SUVs on the market. While the third row is tight, it certainly comes in handy when you need it. This month’s deal, which also applies to the Outlander PHEV, has a 48-month term and no payments for 90 days.

    Compare dealer offers

  • 7. 2023 Subaru WRX

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (6)

    Price: $31,625
    Current offer: 0% APR financing
    Expires: 5/31/2024

    See Subaru WRX models for sale near you

    The Subaru WRX has decades of track- and rally-tested cred behind it. With a sport-tuned suspension, all-wheel drive with torque vectoring, 271 horsepower, and a 6-speed manual transmission, the WRX is for a particular type of driver. If you are an enthusiast looking for a good deal, look no further. This financing offer has a 72-month term.

    Compare dealer offers

  • 6. 2023 Ford Escape

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (7)

    Price: $29,495
    Current offer: 0% APR financing plus $1,000 cash back
    Expires: 7/8/2024

    See 2023 Ford Escape models for sale near you

    The Ford Escape is a compact SUV with plenty of modern tech and comes standard with an expansive safety suite. It’s available with a choice of gas engines or a hybrid or plug-in hybrid (PHEV) drivetrain. Ford’s current offer has a 60-month term.

    Compare dealer offers

  • Related Offer

  • 5. 2024 Nissan Rogue

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (8)

    Price: $38,980
    Current offer: 0% APR financing
    Expires: 6/3/2024

    See Nissan Rogue models for sale near you

    The Nissan Rogue is larger than many of the other competitor compact SUVs. It also boasts excellent fuel economy and an impressive suite of safety features that come standard. This month’s deal is on the Platinum trim and has a contract length of 36 months.

    Compare dealer offers

  • 4. 2024 Ford Edge

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (9)

    Price: $39,960
    Current offer: 0% APR financing plus $2,500 cash back
    Expires: 7/8/2024

    See Ford Edge models for sale near you

    This 2-row midsize SUV has a wide range of standard features and comes with a choice of two impressive turbocharged engines. The Ford Edge has comfortable seats, and the cabin has plenty of room for people and excellent cargo space. The term for this deal is 72 months.

    Compare dealer offers

  • 3. 2024 Mazda CX-30

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (10)

    Price: $26,415
    Current offer: 0% APR financing
    Expires: 6/3/2024

    See Mazda CX-30 models for sale near you

    If you’re looking for a stylish, sporty, yet practical SUV, the subcompact Mazda CX-30 might be the right fit. Well-built, efficient, and offering impressive value, the CX-30 makes running errands fun. This month’s deal applies to the 2.5 S, Select Sport, Preferred, and Carbon models and has a term of 36 months. All-wheel drive is standard on every CX-30.

    Compare dealer offers

  • 2. 2023 Ford Bronco Sport

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (11)

    Price: $30,810
    Current offer: 0% APR financing plus $1,000 cash back
    Expires: 7/8/2024

    See Ford Bronco Sport models for sale near you

    The Ford Bronco Sport has some of the off-road prowess of the Bronco but on a smaller scale. The Bronco Sport is a compact SUV that’s a likable runabout in town, but its AWD system and GOAT modes make visiting the backcountry a lot of fun. This month, you can finance a Bronco Sport for 60 months at 0% APR, plus get $1,000 cash back.

    Compare dealer offers

  • 1. 2024 Mazda CX-50

    10 Best 0% APR Deals in May 2024 - Kelley Blue Book (12)

    Price: $31,720
    Current offer: 0% APR financing
    Expires: 6/3/2024

    See Mazda CX-50 models for sale near you

    Designed to be more outdoorsy and adventurous than its sibling CX-5, the Mazda CX-50 has attractive, rugged styling, more ground clearance, and standard AWD. Yet it also retains Mazda’s trademark sporty driving feel and reliability. This month’s deal applies to the Select, Preferred, Premium, or Premium Plus trims and has a term of 36 months.

    Compare dealer offers

    Best 0% APR Deals for May 2024

    1. 2024 Mazda CX-50: 0% APR financing
    2. 2023 Ford Bronco Sport: 0% APR plus $1,000 cash back
    3. 2024 Mazda CX-30: 0% APR financing
    4. 2024 Ford Edge: 0% plus $2,500 cash back
    5. 2024 Nissan Rogue: 0% APR financing
    6. 2023 Ford Escape: 0% APR plus $1,000 cash back
    7. 2023 Subaru WRX: 0% APR financing
    8. 2024 Mitsubishi Outlander: 0% APR financing
    9. 2024 Nissan Altima: 0% APR plus $1,250 cash back
    10. 2024 Volkswagen Taos: 0% APR financing

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Volvo
Acura
Alfa Romeo
Aston Martin
Audi
Bentley
BMW
Buick
Cadillac
Chevrolet
Chrysler
Dodge
Ferrari
FIAT
Ford
Freightliner
Genesis
GMC
Honda
Hyundai
INFINITI
Jaguar
Jeep
Kia
Lamborghini
Land Rover
Lexus
Lincoln
Maserati
MAZDA
McLaren
Mercedes-Benz
MINI
Mitsubishi
Nissan
Polestar
Porsche
RAM
Rivian
Rolls-Royce
smart
Subaru
Tesla
Toyota
Volkswagen
Volvo

For Sale Near You

Allyson Harwood

Allyson Harwood is an author specializing in 10 Best lists, Kelley Blue Book's annual awards programs, and reviewing new vehicles. Starting in the automotive industry straight out of college, she has evaluated and written about trucks, SUVs, and cars, from both the consumer and enthusiast perspectives, for nearly 25 years. Allyson has previously written for Motor Trend, Truck Trend, and Four… Read more about Allyson Harwood

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10 Best 0% APR Deals in May 2024 - Kelley Blue Book (2024)

FAQs

What credit score do you need for 0% APR on a car? ›

Lenders want to ensure you have a near-perfect history of making payments and handling your debt before offering you no-interest financing. An excellent credit score — 781 or higher — will get you the best deal on financing, but you can still qualify for a competitive interest rate if your score is 670 or higher.

How good is 0% APR? ›

A 0% APR credit card can be useful for consolidating existing credit card debt or making a large purchase. Such cards offer interest-free periods, which typically range from six months to nearly two years, during which you're not being charged interest on your purchases, balance transfers or both.

What is the best APR for a car right now? ›

Compare Car Loan Rates
Top Auto Loan LenderLowest APRLoan Amount
AutoPay4.67%**$2,500 to $100,000
PenFed Credit Union5.24%$500 to $150,000
Auto Approve5.24%**$5,000 to $85,000
Consumers Credit Union6.54%No minimum or maximum
3 more rows

What credit score do you need for 0 APR card? ›

0% APR cards require good to excellent credit

This means you'll need a FICO credit score of at least 670 or a VantageScore credit score of at least 661. If you have very good or excellent credit, which means a FICO score of at least 740 or a VantageScore of at least 781, your chances of approval are even higher.

What FICO score do car dealers use? ›

The base FICO score is also called FICO Score 8 or 9. It's not designed specifically for auto loans, but many lenders use it. It's a number between 300 and 850, and a higher score means that a person is more likely to make loan payments on time.

Why might 0% APR not be good for your credit? ›

Carrying higher balances after introductory offer expires

Carrying high balances on a 0 percent intro APR card might cause short-term damage to your credit score — but carrying those balances after the introductory APR expires creates a long-term problem.

Is there a downside to 0 financing? ›

You usually need a very high credit score to qualify for zero interest loans. Zero interest car loans usually come with a higher price tag, expensive extras and strict repayment terms. If you miss even one payment, you lose your 0% interest rate and get charged late fees.

What is the minimum payment on a 0 APR credit card? ›

Any dollar you don't pay off will be subject to the regular APR, which is sometimes as high as 29.99%. But since you have 0% APR, all you have to do is make the minimum monthly payments on your remaining balance. That's usually around 2% of the total balance of the card, so you'd owe $100 after the first month.

What is a good APR for a car in 2024? ›

Average Auto Loan Rates in June 2024
Credit ScoreNew Car LoanUsed Car Loan
750 or higher7.24%7.49%
700-7497.24%7.49%
600-6998.19%8.44%
451-59910.89%11.14%
1 more row

Will car prices drop in 2024? ›

At the end of 2023, the average price of a used car was $28,371, 4.4% less than the average a year earlier⁵. New and used car prices continued to fall in the first quarter of 2024. Industry experts predict that used car prices could decrease by as much as 14% on average by the end of 20246.

Who has the lowest auto loan rates right now? ›

Compare Best Auto Loan Lenders
CompanyUsed APR RangeUsed Loan Terms
PenFed Best Overall6.49%–17.99%3–7 years
AUTOPAY Best for Bad Credit/Low RatesAs low as 5.69%2–8 years
Consumers Credit Union Best Credit UnionAs low as 6.84%36–84 months
LendingTree Best for RefinanceAs low as 5.99% (Refinance)36–72 months (Refinance)
3 more rows
May 30, 2024

Can you buy a car with a credit card 0% APR? ›

Interest rates

One way to lower the cost of buying a car with your credit card is to take advantage of 0% intro APR offers on purchases. These promotions are typically less than two years, so they have a shorter term than most car loans.

How to get 800 credit score? ›

Making on-time payments to creditors, keeping your credit utilization low, having a long credit history, maintaining a good mix of credit types, and occasionally applying for new credit lines are the factors that can get you into the 800 credit score club.

What is the minimum credit score for a car loan? ›

Most used auto loans go to borrowers with minimum credit scores of at least 675. For new auto loans, most borrowers have scores of around 730. The minimum credit score needed for a new car may be around 600, but those with excellent credit often get lower rates and lower monthly payments.

Can I get a car loan with a 600 credit score? ›

In general, you'll need a FICO credit score of at least 600 to qualify for a traditional auto loan. However, the minimum credit score required with vary from lender to lender. As interest rates increase due to inflation, securing a subprime auto loan may be more difficult — but not impossible.

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