0 Percent Car Deals July 2023: What You Need to Know
Are you in the market for a new car and looking for a great deal? Look no further! July 2023 is shaping up to be a fantastic month for car buyers, with several manufacturers offering 0 percent car deals on select models.
What Are 0 Percent Car Deals?
0 percent car deals are financing offers that allow you to purchase a car with no interest rate on your loan. This means you'll only pay the sticker price of the vehicle, without any additional fees or interest charges. These deals are usually offered by manufacturers as a way to boost sales and clear out inventory.
Which Car Models Are Eligible for 0 Percent Financing in July 2023?
Several car manufacturers are offering 0 percent car deals in July 2023. Here are some of the models that are eligible:
Toyota
- 2023 Toyota Camry: 0% APR for 60 months
- 2023 Toyota RAV4: 0% APR for 60 months
- 2023 Toyota Highlander: 0% APR for 60 months
Hyundai
- 2023 Hyundai Elantra: 0% APR for 60 months
- 2023 Hyundai Sonata: 0% APR for 60 months
- 2023 Hyundai Santa Fe: 0% APR for 60 months
Ford
- 2023 Ford F-150: 0% APR for 60 months
- 2023 Ford Escape: 0% APR for 60 months
- 2023 Ford Explorer: 0% APR for 60 months
Nissan
- 2023 Nissan Altima: 0% APR for 60 months
- 2023 Nissan Rogue: 0% APR for 60 months
- 2023 Nissan Pathfinder: 0% APR for 60 months
Things to Keep in Mind
While 0 percent car deals can be a great way to save money, there are a few things to keep in mind:
- Credit score requirements: To qualify for 0 percent financing, you'll typically need a credit score of 700 or higher.
- Loan terms: 0 percent financing offers usually come with longer loan terms, such as 60 months. This means you'll be making payments for a longer period of time.
- Other incentives: Some manufacturers may offer other incentives, such as cash back or low-interest financing, on certain models.
Conclusion
If you're in the market for a new car, July 2023 is a great time to take advantage of 0 percent car deals. With several manufacturers offering these deals on select models, you can drive away in a new car with no interest rate on your loan. Just be sure to do your research, check your credit score, and read the fine print before signing on the dotted line.
