Low APRs making a comeback: top deals to watch for

Welcome to the CDG Shopper’s Corner where we bring you the cheapest finance rates, best discounts, biggest price cuts and most affordable offers from across the car market. Our goal is to help you discover all the exciting opportunities that exist for a modern car buyer, so you can spend more time shopping and less time researching.

Let’s get started.

1. Chevrolet

While popular in days past, low annual percentage rate (APR) offers virtually disappeared during the COVID-19 pandemic as car shortages limited sales and high interest rates put loan providers on guard. 

Now that inventory is on the rise, APR deals are surging once more as manufacturers look for ways to relieve pressure on customer wallets. Following this trend, Chevrolet has launched a simple but solid rate offer across its lineup of products as part of an initiative it's calling Spring Into Adventure. Keep in mind these deals won’t last as summer isn’t too far off!

Here’s what they’re offering:

• Eligible Vehicles: 2024 Trailblazer, 2024 Equinox, 2024 Blazer, 2024 Colorado, 2024 Malibu LT

• Financing: 1.9% APR

• Additional: No monthly payments for 90 days, $500-$2,500 cash allowance, only available to GM Financial customers

2. Honda

Honda demand surged forward in May and it’s easy to see why. While inventory remains constrained compared to other companies, the brand has been pushing deals in the U.S. for several months, hoping to make up for lost time. One of its hottest items right now is the CR-V hybrid SUV, which luckily features a low APR offer alongside other top Honda models.

Here’s the offer:

• Vehicle: CR-V Hybrid SUV

• Financing: 3.9% APR or 4.9% APR (based on term)

• Term: 24-48 months or 49-60 months

If you get the ICE version your rate is even lower:

• Vehicle: CR-V SUV

• Financing: 2.9% APR or 4.9% APR (based on term)

• Term: 24-36 months or 37-60 months

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3. Ford

Leasing is also making its way back into the market, as consumers and dealers look for creative solutions to high car prices. While not as popular as they once were, leases can still be a more budget-friendly approach to vehicle ownership than a traditional purchase, depending on your circumstances, due to the absence of a down payment. 

Ford is taking advantage of the recent gains in lease demand by offering affordable monthly payments on two of its F-150 pickups.

Here are the details for the first:

• Vehicle: 2024 Ford F-150 XLT Crew

• Financing: $489 per-month 

• Term: 36 months

• Additional: no security deposit required

And the second:

• Vehicle: 2024 Ford F-150 STX

• Financing: $502 per month

• Term: 48 months

• Additional: no security deposit required

4. Nissan

Nissan might not be the biggest brand in the U.S. when it comes to market share, but what it lacks in size it makes up for in solid craftsmanship and reliability. And if you’re willing to choose a prior-year model you can grab some fantastic deals on the most stylish entries the brand has to offer.

Here’s what you get:

• Vehicle: Nissan ARIYA SUV

• Financing: 0% APR 2023 

• Term: 72 months

• Additional: up to $3,000 in bonus cash offers for eligible buyers

That does it for today’s Shopper’s Corner. Any big deals we missed? Let us know on X, LinkedIn, and FB/IG.