We did the research to find you the latest coronavirus new car deals. Automakers quickly devised programs to assist those affected by the COVID-19 global pandemic. They’re doing their part to help re-energize the market and stabilize the situation. Not only are their many auto companies trying to help their current customers with deferred payment options and the like, but also trying hard to move inventory off dealer lots by attracting new customers.
Auto manufacturers are now offering deferred car payments, zero-percent or low-interest loans for up to 84 months, as well as other coronavirus new car deals to entice potential buyers. While financial uncertainty might have you second-guessing a new vehicle purchase right now, these deals might just be enough to put a new car in your driveway.
Offers are changing daily, so check manufacturer’s websites and your local dealerships to find out specifics for you and your area. We recommend contacting your local dealer to also ensure they’re open, and to what capacity. Qualifications and APR financing for these incentives are dependent on credit scores, buyer’s current job situations, and more. The coronavirus new car deals below were found on April 18, 2020.
Coronavirus New Car Deals
Acura offers 90-day deferred payments on new select vehicles (end date TBD). It is also giving its current customers $500 toward the purchase or lease of a new vehicle through their “Loyalty Purchase Assistance Cash Program.” Acura is also promoting special interest and lease rates available on select new models, offer expires April 30th.
Audi owners may request a deferral of payment. Lessees can request an extension of the lease-end.
BMW currently offers a 90-day payment deferral program on all new and certified pre-owned BMW vehicles. Offer expires June 30, 2020.
Buick has on offer 0% APR for 84 months on most 2020 Buick SUV models. Deferred monthly payments are available for 120 days on most models as well. Retail delivery must be taken by April 30th for these current deals.
Cadillac is offering 0% financing for 60 months on select models.
Chevrolet currently offers interest-free APR financing for 84 months on most 2019 models, as well as 2020 Equinox, Silverado 1500, and Trax vehicles. Additionally, buyers can defer their monthly payments for 120 days on most Chevrolet vehicles.
Chrysler is offering 0% financing for 60 months on 2020 Pacifica and Pacifica Hybrid.
Dodge currently offers 0% financing for 84 months on 2020 Journey, Durango, and Grand Caravan.
Fiat offers no monthly payments for 90-days on new vehicle purchases. Current Fiat customers affected by COVID-19 can call Chrysler Capitol (1-855-563-5635) for support solutions. Vehicle must be financed through Chrysler Capital for assistance.
Ford currently offers 90 days of deferred payments on new vehicles. Ford and its dealers are also offering customers suffering from Coronavirus-related issues various services, including six months of payment relief for new-car buyers. Ford will cover the first three months of payments and then customers can defer for up to three more months. This falls under the Ford “Built to Lend a Hand” program, which is for customers purchasing 2019 and 2020 vehicles. Sadly this deal excludes 2020 Super Duty trucks.
Genesis customers receive deferred payments for 90 days and at 0% APR for a 2019 Genesis G70, when financed by April 30, 2020. Genesis Cares Job Loss Protection provides up to six months of payment relief for customers who lose their job due to COVID-19. This applies to new purchases or leases of new Genesis vehicles between March 14 and April 30, 2020.
GMC is offering 0% financing for up to 84 months on select models. They are also offering 120-day payment deferral.
Honda currently offers a 90-day deferment program, 0.9% to 1.9% financing on select models, and loyalty purchase assistant cash for returning customers.
Hyundai is offering 4-months of deferred payments on new purchases and 0% APR financing on select new vehicles through May 4, 2020. Up to three months of deferral payments are available for Hyundai Motor Finance customers who lost their jobs or suffered medically-related hardships through April 30, 2020 as a result of COVID-19. Check out HMUSA for eligibility.
INFINITI has special APRs from 0.9% to 2.9% for up to 72 months for select models. A special 90-day delayed payment option is also available on select new vehicles.
Jaguar currently offers 0% financing for 72 months on select 2020 models as well as the 2021 Jaguar F-TYPE. This offer ends June 30th. A payment deferment program where qualifying customers can defer their first payment up to 90 days by purchasing select vehicles is also on offer.
Jaguar also created a lease payment waiver program for returning customers. They’ll make returning Jaguar lessees’ first two payments -up to $750 per month- when a new lease is signed on a qualified new Jaguar vehicle. This offer ends June 1.
Jeep is offering up no monthly payments for 90 days plus 0% APR for 84 months on select Jeep models. Jeep is also offering employee pricing on select models, a savings of over $5,000 below MSRP. Discount varies based on options package, features, financing, availability, and more. Retail delivery must be taken by April 30th.
KIA is offering eligible new KIA finance customers a special COVID-19 relief program, but little details are known. Contact your local KIA dealer to find out more. They are also offering 120-day payment deferment on select 2019 and 2020 models, plus 0% APR for up to 75 months. Retail delivery must be taken by April 30th.
Land Rover has available 0% financing for 72 months on select 2020 Land Rover models. A special 90-day delayed payment option is also available.
Land Rover is also offering a lease payment waiver program. They’ll make returning Land Rover lessees’ first two payments -up to $750 per month- when a new lease is signed via a qualified Land Rover vehicle through Land Rover Financial Group. The lease offer ends June 1.
Lexus eligible customers may choose to defer their first payment on all new and L/Certified vehicle financing for up to 90 days with new purchases from March 18 through May 4. Lexus also has 0% financing for 60 months on select 2019 models. Financing as low as 0.9% is also available on select 2020 models. Special lease offers are also on offer.
Lincoln is offering 0% financing and the ability to defer first payment up to 120 days on new purchases.
Maserati has 0% financing for up to 72 months on 2019 vehicles.
Mazda is currently offering 0% financing for up to 72 months and no payments for 90 days on all 2020 and select 2019 models.
Mercedes-Benz is offering 0% APR for up to 36 months on most new models, along with a 90-day deferment of the first payment. Additionally, Mercedes-Benz is offering 0.99% APR for up to 36 months on select 2016, 2017, and 2018 models, along with a 90-day deferment of the first payment. Both offers are available now through April 30th.
MINI is covering the first three payments -up to $330/month- on select new 2020 models at participating dealers. Must take vehicle delivery by April 30th.
Mitsubishi is offering 90 days of payment deferrals and 0% financing for 60 months on 2019 and 2020 models. Special lease rates and cash-back also may apply.
Nissan is currently offerings a special 90-day delayed payment option on select new vehicles. Nissan will also cover payments up to two additional months and is offering special financing -0%–0.9%- on select 2019 and 2020 models.
RAM has on offer 0% financing for 84 months on 2020 Ram 1500. Rebates, other special offers, as well as payment assistance options are also available.
Subaru is offering 0% to 0.9% financing for 63 months on select 2020 models, with a 90-day payment deferral on offer as well.
Toyota offers eligible new customers a first payment deferment on all new and certified used vehicles for up to 90 days when purchased from March 18 through May 4.
Volkswagen has 180 days deferment on the first month’s payment and 0% for 72 months on most new VW models. If you lose your job due to economic reasons, you may also be eligible for up to six payments waived, up to $750.
Remember that things are changing quickly in today’s world. These coronavirus new car deals are changing just as fast. Be sure to check each manufacturer’s website and contact your local dealership for current incentives.
