With the Fourth of July around the corner, many captives are ramping up finance incentives — including low-rate APR and other special offers — to bolster sales.
Auto Finance News took a look at the current offers in the market. Here are five financing promotions heating up the market:
1. Toyota Motor Corp.
Toyota Motor — through its captive Toyota Financial Services — is offering 0% APR financing for up to 72 months on its Toyota Camry vehicles, according to the OEM’s website. The offer is valid through July 5.
2. General Motors Co.
General Motors is offering 0% APR financing on new GMC vehicles through its finance arm General Motors Financial, according to the OEM’s website. Valid car models include 2017 Acadia, 2017 Terrain, and 2017 Yukon. The offer is valid through July 5.
3. Ford Motor Co.
Ford Motor — through its captive Ford Motor Credit Co. — is offering 0% APR financing for 60 months on its 2017 Ford Expedition vehicles, plus a $3,500 bonus cash and $1,000 Ford Credit bonus cash offering. The promotion is valid through July 5.
4. Kia Motors
Kia is offering 0% APR financing for up to 66 months, with no payments for five months, on select 2016-17 Optima vehicles. The offer is valid through July 10 through its captive Kia Motors Finance.
5. Fiat Chrysler Automobiles
Fiat Chrysler Automobiles is offering as low as $159 per month on a 36-month lease for its 2017 Renegade vehicles, with only $2,999 total due at signing. No security deposit is required. The offer is valid through July 5 through Fiat’s finance arm Chrysler Capital.
