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2024 Nissan Frontier: $1,250 cash back. 2024 Volkswagen Taos: $1,000 cash back. Find the best new car deals, rebates and incentives for October 2024 at U.S. News & World Report.
Cars, Trucks and SUVs With 0% Financing This October. Car buyers finally catch a break this October with falling rates and improved terms. Zero percent financing is on the rise, with most automakers offering no-interest deals to compete with each other.
This October, there are scores of appealing lease, financing and cash-back deals across many automotive brands and styles. The best October SUV deals include interest-free financing, cash-back rebates as high as $7,500 and leases with monthly payments under $400.
The majority of certified used-car deals feature low-interest financing. For instance, Audi is offering 3.99% financing for up to 36 months on select CPO 2019-2025 models. All of these interest rates beat the national average for a used-car loan, which is currently between 8.08% and 8.28%, depending on loan length.
Here at the end of 2023, we're seeing something we haven't seen for some time: zero-percent purchasing deals for new cars. Some of these great rates are for outgoing 2023 models that dealers would like to clear off the lot, but there are low APR offers for 2024 models tool.
Terms range from three to six years. Leases also offer excellent value this Labor Day, with monthly payments below $300 on popular cars and SUVs. The best finance and lease deals this month are on electric vehicles (EVs), making this a great time to make the switch from gas to electric.
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