AUTOMAKERS INITIATIVE ZERO PERCENT FINANCING & DEFERRED PAYMENTS DURING CORONAVIRUS

AUTOMAKERS INITIATIVE ZERO PERCENT FINANCING & DEFERRED PAYMENTS DURING CORONAVIRUS

The world economy has been devastated and trying to cope up in the best way to survive. It has been advised individuals to stay home, do social distancing, and buy a car from the comfort of your home. As we know the people’s last concern will be buying a car but they have provided the option of zero percent financing, deferred payments, and more.

In the time of uncertainty of the future, the automakers are offering a helping hand and making buying easy with social distancing norms and virtual payments.

HERE ARE THE OFFERS BY EACH CAR AUTOMAKERS DURING THE AMID COVID-19:

ACURA

What They Are Offering?

  • 90-day deferred payments on the purchase of new vehicles and financed through Acura Financial Services.
  • Loyalty Cashback $500 which is valid on the purchase and lease of new Acura models.
  • Low APR on certified Acura TLX and RDX.

ALFA ROMEO

What They Are Offering?

  • When financed through Chrysler Capital Retail financing where customers can get 90 days of deferred payments.

Vehicle Eligibility

  • 2020 and 2019 Alfa Romeo Giulia and Alfa Romeo Stelvio models.

AUDI

What They Are Offering?

  • Get a new vehicle financed through Audi Financial Services for 12 months to 66 months which is valid in all states except Ohio, Nevada, and Pennsylvania.
  • The program has a limitation as two-person per household.
  • The customer credit score should be between Tier 1 and 2.

Vehicle Eligibility

  • New cars of 2019 and 2020 model.

BMW

What They Are Offering?

  • When financed new vehicles through BMW Financial Services gets 90-day deferral payment which has a contract term of 72 months.
  • Used vehicles come with a contract period of 60 months.
  • The customer should have an elite or super elite credit tier.

BUICK

What They Are Offering?

  • Buick offers 120 days of deferral payments and zero-percent financing for up to 84 months.

Vehicle Eligibility

  • 2020 and 2019 Buick Encore and Buick Envision models.

CADILLAC

What They Are Offering?

  • Get 120 days of deferral payments when financed through GM Financial Services.

CHEVROLET

What They Are Offering?

  • 120 days of payment deferral and zero-percent financing for 84 months.
  • Contactless delivery when purchased from local car dealerships.

Vehicle Eligibility

  • 2020 Chevrolet Silverado 1500, Equinox, and Trax.
  • 2019 whole line-up.

CHRYSLER

What They Are Offering?

  • Chrysler offers 90-day deferred payment when financed through Chrysler Capita retail financing.

Vehicle Eligibility

  • 2020 and 2019 Chrysler 300 and 2020 Pacifica, no hybrid models included.

DODGE

What They Are Offering?

  • Dodge offers 90 days deferred payment when financed through Chrysler Capita retail financing.

Vehicle Eligibility

  • Dodge line-up excluding 2019 and 2020 Challenger SRT Hellcat, SRT Redeye, 2019, 2020 Durango SRT, and 2020 Charger SRT Hellcat.

FIAT

What They Are Offering?

  • Financing Chrysler Capita retail financing and get 90 days deferral payments.

Vehicle Eligibility

  • 2019 Fiat 500 E

FORD

  • On purchase of a new vehicle, Ford Credit is offering deferred payments for 120 days.
  • Zero percent financing for 84 months when financed Ford Motor Credit.
  • Additionally, who has affected the financial crisis due to COVID-19 can call on a special hotline number 1-800-723-4016 and discuss different payment structures with the same.

GMC

  • They are offering 120 days of deferral payment and zero-percent financing for up to 84 months.

Vehicle Eligibility

  • All 2019 line-up models.
  • 2020 GMC Acadia, GMC Sierra 1500,and GMC Terrain.

HONDA

  • Honda is offering 90-day deferral payment on the sale of new vehicles when financed through Honda Financial Services
  • Buy or lease a new Honda vehicle nad get loyalty purchase cash of $1000.
  • APR offers certified pre-owned vehicles on Honda Civic, Honda Accord, and Honda CR-V.

HYUNDAI

What They Are Offering?

  • Hyundai has initiated Assurance Job Loss Protection Program and Hyundai Motor finance.
  • 90 days deferral payment and zero percent APR financing for 72 months when financed through Hyundai Motor Financing.
  • Additionally, who have lost their jobs in pandemic the Job loss protection program will cover their new car payment until December 31, 2020, and bought or leased vehicles through Hyundai Motor Finance.

INFINITI

What They Are Offering?

  • Infiniti offers 90 days deferred payments and APR options when purchased a new vehicle.

Vehicle Eligibility

  • New cars of Infiniti.

JAGUAR

What They Are Offering?

  • Jaguar offers 90-day deferred payment on new vehicles and existing years used all cars for the duration of a 60-month term when financed through Jaguar Financial Services.
  • The financed amount includes tax charges, title fees, license fees, and aftermarket charges amounting to $100,000.
  • Buyers should have a credit score of 700.

Vehicle Eligibility

  • New and present year used cars.

JEEP

What They Are Offering?

  • The customer can retain 90 days of deferral payment when financed through Chrysler Capital financing.

Vehicle Eligibility

  • 2020 Cherokee, 2020 Compass, 2020 Grand Cherokee, and 2019 and 2020 Renegade.

KIA

What They Are Offering?

  • 120 days of deferred payment to eligible customers.
  • The customer must have a FICO score of 700 or more.

Vehicle Eligibility

  • 2020 Kia Models Forte, Soul, Sedona, Stinger, and K900 and it has available financing for 66 months.
  • 2020 Kia Optima, Sportage, Sorento, and 2019 Niro, Niro EV, Cadenza, Stinger, and K900.

LAND ROVER

What They Are Offering?

  • Land Rover 90 days deferred payment on the new and present year used car which has a duration of 60-month term when financed through Land Rover Financial Services.
  • The financed amount is inclusive of the tax amount, title, license, and more.
  • The customer must have a FICO score of 700.

Vehicle Eligibility

  • New and current year used cars.

LEXUS

  • Lexus offers a 90-day deferred payment on the purchase of Lexus certified vehicle and financed through Lexus Financial Services.

LINCOLN

  • Lincoln has 120 days of deferred payment, special APR financing.

Vehicle Eligibility

  • 2020 line-up includes MKZ Hybrid Reserve, MKZ Reserve, Continental, Continental Black Label, Navigator, Navigator Black Label, Nautilus, Nautilus Black Label, Aviator Black Label Gas, Aviator Gas, Corsair
  • 2019 line-up includes Continental, Continental Black Label, MKZ Hybrid Reserve, MKZ Hybrid Standard, MKZ Reserve, MKZ Standard, Navigator, MKC, MKC Black Label, Nautilus, Nautilus Black Label, Navigator Black Label.

MAZDA

What They Are Offering?

  • Mazda offers 90 days deferral payments for 72 months when financed Mazda Financial Services.
  • The customer should be Tier 1 and Tier 3 applicants.

Vehicle Eligibility

  • New, Certified Pre-owned Mazda Vehicles.

MERCEDES-BENZ

What They Are Offering?

  • It offers 90 days deferred payment when financed through Mercedes-Benz Financial Services for 63-month terms.

Vehicle Eligibility

  • New vehicle except for ex-courtesy vehicles.

NISSAN

What They Are Offering?

  • Nissan offers 90-day deferral payments when purchased from NISSAN financial services with special APR offers.

PORSCHE

What They Are Offering?

  • The 90-day deferral payment program for 72 months on purchase of new and certified pre-owned through Porsche Financial Services.

RAM

What They Are Offering?

  • Financing through Chrysler capital and get 90-day deferral payments.

Vehicle Eligibility

  • 2020 and 2019 Ram Pickup 1500.
  • Ram Pickup 2500
  • Ram Pro Master city.

TOYOTA

  • Toyota offers 90-day deferred payments on new vehicles for a 72-month term when financed through Toyota Financial Services.
  • Lease extension and deferred payments available on the same.
  • The customer must have credit Tier 1 and Tier 3 and should be approved through Toyota Financial Services.

Vehicle Eligibility

  • New and untitled vehicles with 20,000 miles or less and should be financed through Toyota Financial Services.

VOLKSWAGEN

What They Are Offering?

  • Volkswagen offers 120 days of deferred payment when financed through Volkswagen credit.

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