If you’re in the market for a new car, you are probably keenly aware of how tedious and time-consuming making the decision is, not to mention how potentially expensive the purchase can be, especially in today’s economic climate.
Good news is that U.S. News & World Report has released a list of enticing financing and cash-back programs for February 2024, to help alleviate stress over the decision-making process of finding your next car.
Everyone in the market for a new car wants to get the possible rate for their new car loan, especially when the national average for a new-car loan is around 7.7%. Oftentimes, automakers can beat market rates from banks or credit unions with their in-house financing offers.
Case in point: Honda is offering a competitive 2.9% financing option for 36 months on the sought-after 2024 Civic. Priced at $23,950 MSRP, the base Civic LX, could yield you a savings of nearly $1,900 in interest this month.
Other notable low-interest deals for February 2024 include: 1.9% financing for up to 36 months on the 2024 Ford Mustang; 1.9% financing for 48 months on the 2024 Subaru Outback wagon; and 0.9% financing for 36 months on the 2023 Honda Ridgeline.
Opting for zero interest? Of course you are. We all are! For February 2024, check out the Kia, with its generous offer of 0% financing for up to 60 months on the 2023 EV6 electric car.
Also, the 2023 Ford Explorer midsize SUV and the 2024 Hyundai Tucson compact SUV are both accessible with interest-free financing for 36 months.
The popular Nissan also has 0% financing for 60 months on the 2023 Titan full-size pickup truck, in addition to a $500 cashback incentive.
CASH BACK INCENTIVES FOR FEBRUARY 2024
Cash-back deals serve as another avenue for saving money during your new vehicle purchase. For example, according to the U.S. News & World Report, the 2023 Hyundai Santa Fe midsize SUV comes with a substantial $3,000 discount. Ford sweetens the deal on the 2023 F-150 full-size pickup with a $1,500…
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