Best APR Deals on New & Used Cars — April 2026

What's happening with rates right now

The Fed has held rates steady through Q1 2026, which means manufacturer-subsidized financing is doing the heavy lifting — and that's where I'd focus your attention. Several brands are running 0% APR for 36–60 months on slow-moving inventory, while others offer cash-back alternatives that beat the financing deal depending on your credit.

All offers below are national programs through April 30, 2026 unless noted. Regional and dealer-level rates vary — always confirm before signing. A 700+ score is typically required for advertised rates, 720+ for 0% offers; below 680 you'll see meaningfully higher rates than what's listed.

Quick math: on a $40,000 vehicle, 0% vs 6.9% APR over 60 months saves roughly $7,400 in interest. Even 1–2 points is worth hundreds — always compare the subsidized rate against a cash-back alternative on a loan calculator.

New Car APR Deals

Domestic brands

Asian brands

European brands

Electric vehicles

Here's the thing to understand about EV financing right now: the $7,500 federal credit ended for vehicles acquired after September 30, 2025 (I cover it in The Federal EV Tax Credit Is Gone). The strong EV APR deals you see aren't a tax break — they're automakers subsidizing financing themselves to keep payments competitive without the credit.

Certified Pre-Owned (CPO) APR Deals

CPO rates run higher than new-car programs but are still subsidized below the ~7–8% market for a standard used loan. The sweet spot I steer people to: late-model vehicles off a 2-year lease that are now 2–3 years old.

CPO vs private party: manufacturer CPO financing often beats what a bank offers on a private-party used loan (currently 7.5–9% for excellent credit). A CPO vehicle with subsidized financing frequently comes out cheaper over the life of the loan than a lower-sticker private-party car at full market rate — do the math before assuming the cheaper car is the better deal. I've seen that surprise people more than once.

Which deals are worth acting on now

Best new-car deals this month:

• Mitsubishi Outlander — 0% for 60 months on a capable, feature-rich 3-row SUV. Hard to beat.
• Ford Mustang Mach-E — 0% for 36 months on an EV with Supercharger access. Inventory is moving.
• Chrysler Pacifica — 0% for 48 months if a minivan fits your life. The segment has the most aggressive deals.
• Mazda CX-5 — 0.9% for 60 months with strong residuals. A solid alternative to the CR-V or RAV4.

Best CPO deals:

• Hyundai / Kia CPO — 3.9% for 60 months is the lowest CPO rate on the market right now. A 2023 Tucson or Sportage at this rate genuinely competes with a base new-car deal.
• GM CPO — 3.9% with long terms; useful for keeping payments manageable on an older truck.

Deals to approach carefully:

• Any luxury brand advertising a low rate with a 24-month term — the payment looks low, but you'll have no equity and a turn-in decision fast.
• 72- and 84-month terms at 3%+ — the total interest can rival a year of lease payments. Run the full cost-of-ownership math.

How to stack deals

APR and cash-back offers are usually mutually exclusive — you pick one. Here's how I decide:

1. Calculate the interest saved using the subsidized APR vs your bank's best rate over the same term.
2. Compare that to the cash-back amount. Bigger cash? Take the money and finance with your bank.
3. Check for stackable incentives: military, recent-grad, loyalty, and conquest rebates sometimes stack on top of the APR offer. Ask the dealer explicitly — they won't always volunteer it.

All offers expire April 30, 2026. I publish a fresh version of this list on the first of each month.