0 APR Car Deals December 2023: What You Need to Know
Are you in the market for a new car and want to take advantage of 0 APR car deals this December 2023? With the holiday season approaching, many car manufacturers are offering attractive financing options to drive sales. Here's a breakdown of the 0 APR car deals available in December 2023 and what you need to know before signing on the dotted line.
What is 0 APR Financing?
0 APR financing means that you won't have to pay any interest on your car loan for a specified period, usually ranging from 36 to 72 months. This can save you thousands of dollars in interest payments over the life of the loan. However, 0 APR financing often requires a good credit score and may not be available on all models or trim levels.
Best 0 APR Car Deals December 2023
Toyota
- 2023 Toyota Camry: 0% APR for 60 months on all trim levels
- 2023 Toyota RAV4: 0% APR for 60 months on LE, XLE, and Adventure trims
- 2023 Toyota Corolla: 0% APR for 60 months on L, LE, and SE trims
Honda
- 2023 Honda Civic: 0% APR for 60 months on LX, Sport, and EX trims
- 2023 Honda CR-V: 0% APR for 60 months on LX, EX, and EX-L trims
- 2023 Honda Accord: 0% APR for 60 months on LX, Sport, and EX trims
Hyundai
- 2023 Hyundai Elantra: 0% APR for 60 months on SE, SEL, and Limited trims
- 2023 Hyundai Sonata: 0% APR for 60 months on SE, SEL, and Limited trims
- 2023 Hyundai Tucson: 0% APR for 60 months on SE, SEL, and Limited trims
Ford
- 2023 Ford Focus: 0% APR for 60 months on SE, SEL, and Titanium trims
- 2023 Ford Escape: 0% APR for 60 months on S, SE, and SEL trims
- 2023 Ford F-150: 0% APR for 60 months on XL, XLT, and Lariat trims
Things to Consider Before Signing a 0 APR Deal
- Credit Score: You'll typically need a good credit score (700+ FICO) to qualify for 0 APR financing.
- Loan Term: Make sure you're comfortable with the loan term, as longer terms may mean smaller monthly payments but more interest paid overall.
- Down Payment: You may need to make a down payment to qualify for 0 APR financing.
- Model Availability: Check which models and trim levels are eligible for 0 APR financing.
- Incentives: 0 APR financing may not be combinable with other incentives, such as rebates or discounts.
Conclusion
0 APR car deals can be a great way to save money on your next car purchase. However, it's essential to do your research, read the fine print, and consider all the factors before signing a deal. Happy shopping!
