The Best Auto Loan Rates Right Now (April 2024 Updates) (2024)

Rates are changing, but deals can still be had when financing a new car. Interest rates remain high in 2024, and the lowest APR finance deals are likely to vanish in months to come. If you’re thinking of financing a new car, you’ll want to take advantage of manufacturer incentives to save thousands. These are the best new car finance deals in April 2024.

👉 Short on time? We’ve highlighted the best of the best in bold. You can also see the top deals this month here.

The Best Auto Loan Rates For New Cars (April 2024)

We’ve compiled every manufacturer’s financing incentives below, but these are the BEST loan deals with the LOWEST auto loan rates this month.

• 0% Financing: Mazda CX-30 and CX-50, Kia EV9, EV6, Niro EV, Nissan Ariya; Subaru Solterra; Ford Edge; Ford Mustang Mach-E; VW Tiguan
• 0.9% APR: GMC Terrain, Honda Ridgeline, Kia Sorento, most Buick models
• 1.9% APR: Subaru Outback, Subaru Forester, Nissan Rogue, VW Atlas, Chevrolet Equinox, Trailblazer, Blazer

👉 Ready for pro help with your car purchase? Work with a CarEdge Coach today! Never overpay for a car again.

Let’s dive into every automaker’s financing and cash offers for April.

BMW Cash and Financing Deals

3.99% APR for 60 months for the BMW i4 electric sedan and iX electric SUV

Learn more at BMWUSA.com

See BMW listings with local market data.

Buick Cash and Financing Deals

0.9% APR for the 2024 Buick Encore GX and 2024 Enclave

0.9% APR for remaining new 2023 Enclave, Envision, Encore GX

See details at buick.com

Browse Buick listings with local market data

Cadillac Cash and Financing Deals

In April, Cadillac has these cash and APR offers for new cars:

2.9% APR for 36 months plus $750 cash allowance for the 2024 XT4

2.9% APR + $1,750 cash offer for the 2024 XT5, and XT6

Ready for pro help with your car purchase? Work with a CarEdge Coach today! Never overpay for a car again.

See Cadillac listings with local market data.

Chevrolet Cash and Financing Deals

Chevrolet is offering low APR offers for multiple models

$7,250 customer cash for 2023 Silverado 1500 Crew Cab LT w/TurboMax

2.9% APR: all 2024 Silverado 1500 models + $5,000 cash offer

1.9% APR: Equinox, Blazer, Trailblazer + No payments for 90 days

Current GM owners also qualify for $1,000 cash allowance

Learn more at chevrolet.com

See Chevrolet listings near you with local market data.

Chrysler Cash and Financing Deals

In April, the only active offer is $750 off of the Pacifica PHEV. Chrysler is not advertising any APR offers at this time. See Chrysler listings near you with local market data.

Dodge Cash and Financing Deals

These are Dodge’s cash and financing offers this month:

• $3,700 cash allowance for 2023 Chargers and Challengers
• $3,600 cash bonus for remaining 2023 Durango models

Learn more at Dodge.com

See Dodge listings with local market data.

Ford Cash and Financing Deals

In April, Ford is advertising these cash and financing offers:

0% APR for 60 months for the 2024 Ford Edge

0% APR for 72 months for remaining 2023 Mustang Mach-E

4.49% APR for 60 months: 2024 Ford F-150

$15,000 cash discount on 2023 F-150 Lightning XLT Extended Range

See Ford listings with local market data.

Learn more at Ford.com.

GMC Cash and Financing Deals

This month, GMC has a few financing offers:

0.9% APR: 2024 GMC Terrain

1.9% APR: 2023 and 2024 Canyon, GMC Sierra 1500, GMC Acadia

Learn more from GMC.

See GMC listings with local market data.

Honda/Acura Cash and Financing Deals

In April, Honda and Acura are advertising these financing offers:

Acura (all models): 1.9% APR for 36 months (low rate offers for longer terms)

Honda Ridgeline: 0.9% APR for 36 months; 2.9% APR for 60 months

Honda Accord: 3.9-4.9% APR

Honda CR-V, Passport, Pilot: 2.9%-4.9% APR

Honda Accord, Civic, CR-V Hybrid, HR-V, Odyssey: 3.9%-4.9% APR

$1,250 Honda Loyalty cash offer: Accord; $1,000 for the Passport

$1,500 loyalty offer + $1,500 conquest offer: Ridgeline

See Honda listings with local market data.

Learn more at honda.com

Hyundai Cash and Financing Deals

Right now, Hyundai is offering as low APR for several models.

2.99% APR: 2023 Santa Fe Hybrid

3.49% APR: 2023 Santa Fe, 2023 Sonata Hybrid

3.99% APR to 4.99% APR for other Hyundai models.

Big cash savings for multiple models: Remaining 2023 Santa Fe ($4,000 off), 2024 Palisade ($1,250), 2024 Santa Cruz ($2,500), 2024 Tucson ($1,250), 2024 Elantra ($1,000)

👉 Ready for pro help with your car purchase? Work with a CarEdge Coach today! Never overpay for a car again.

See Hyundai listings with local market data.

Learn more at hyundaiusa.com

Jeep Cash and Financing Deals

This month, these are Jeep’s cash incentives and financing offers:

2023 Grand Cherokee: $2,500 cash offer, 5.9% APR for 72 months

2023 Gladiator: Listed at 13% below MSRP

There are no advertised APR offers for the Jeep Wrangler currently.

See Jeep listings near you with local market data.

Kia Cash and Financing Deals

Check out the latest Kia offers in April:

Kia is having a hard time selling EVs now that the EV6 and Niro EV have lost the federal tax credit. That’s where the best Kia APR deals are this month:

0% APR for 60 months: 2024 Kia EV6 and Niro EV (0% APR for 72 months for remaining 2023s)

0% APR for 48 months: 2024 Kia EV9 (three-row electric SUV)

0.9% APR: 2023 Sorento

$7,500 cash offer: 2023 Kia EV6

Learn more at kia.com

See Kia listings near you with local market data.

Lexus Cash and Financing Deals

4.99% APR for 60 months for the Lexus RX

See Lexus listings with local market data.

Learn more about these offers at Lexus.com

Lincoln Financing Offers

3,000 cash offer for remaining 2023 Lincoln Nautilus

Lincoln is offering 4.99% APR for remaining 2023 Nautilus and Corsair.

See Lincoln listings near you.

Mazda Cash and Financing Deals

In April, Mazda has these zero percent financing offers:

0% APR for 36 months: 2024 Mazda CX-50, CX-30

1.9% APR for 36 months: 2024 Mazda CX-5

See Mazda listings near you with local market data.

Learn more about these offers at MazdaUSA.com

Nissan Cash and Financing Deals

This month, Nissan has great financing deals:

0% APR for 72 months for remaining 2023 Nissan Ariya

1.9% APR for 60 months for the following models: 2023 Rogue

2.9% APR for 60 months for the following models: 2024 Altima, Pathfinder

*Most other Nissan models are available for under 4.9% APR.

See Nissan listings with local market data.

Learn more about these offers at NissanUSA.com

Ram Cash and Financing Deals

Ram has these active cash and financing offers in April 2024:

New 2024 Ram 1500: $4,500 cash allowance

New 2024 Ram 1500 Classic: $4,000 bonus cash

See Ram listings near you with local price data.

See details at ramtrucks.com

Subaru Cash and Financing Deals

0% APR for 72 months: Solterra EV

1.9% APR for 48 months: 2024 Outback, 2023 Forester

2.9% APR for 48 months: 2023 Ascent

2.9% APR for 72 months: 2024 Forester

3.9%-4.9% APR for other Subaru models.

👉 Ready for pro help with your car purchase? Work with a CarEdge Coach today! Never overpay for a car again.

See Subaru listings near you with local price data.

See which models and trims qualify at subaru.com.

Toyota Cash and Financing Deals

This month, Toyota has these APR deals for well-qualified buyers:

1.99% APR: bZ4X electric vehicle

3.49% APR: Highlander

3.99% APR: 2023 Tacoma 4×4, Highlander, RAV4

4.75% APR: 2024 Camry

See Toyota listings near you with local price data.

Learn more about these offers at Toyota.com

Volkswagen Cash and Financing Deals

0% APR for 60 months: Tiguan

1.9% APR for 60 months: Atlas

3.9% APR for 72 months: 2023 ID.4, 2024 Taos

$5,500 cash offer for remaining 2023 Volkswagen ID.4 models

See Volkswagen listings near you.

Free Car Buying Help Is Here!

Ready to outsmart the dealerships? Download your 100% free car buying cheat sheets today. From negotiating a deal to leasing a car the smart way, it’s all available for instant download. Get your cheat sheets today!