The Best New Car Incentives in Response to COVID-19

Here’s the latest manufacturer incentive programs offering truly unprecedented deals on new cars in response to COVID-19.

Dealers and manufacturers are more motivated to make sales like never before. Below is a list of the new incentives available from auto makers and available at local dealerships across the nation in May.

These are not the only savings you can get on a new vehicle, either. Many companies are also offering additional discounts for first responders, active military, and college students. Note that all offers are contingent on buyers’ credit qualifications.

Here’s everything you need to know:

Acura: 90 days of deferred payments, plus $500 toward purchase or lease of select vehicles. More information at Acura.

Audi: 60-day deferred payments on new vehicles, 0% APR for up to 72 months on 2019 model year Audis and 0% APR for 66 months on 2020 Audis. More information at Audi.

BMW: 90 days deferred payments on new and CPO vehicles purchased between March 1st and June 30th, 0.9% APR for up to 60 months and $2,500 credit on select vehicles. More information at BMW.

FCA (Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Ram): 90 days deferred payments and 0% APR for up to 84 months on select models. More information at Chrysler Capital.

Ford Motor Company: Ford is offering to make the first three months’ payments and then extend an additional 90-day deferment on payments. 0% APR for up to 72 months is also available on select models. More information at Ford.

Genesis: 0% APR for up to 84 months and no payments for 120 days on the Genesis G70. More information at Genesis Cares.

GM (Buick, Cadillac, Chevrolet, GMC): 0% APR for up to 84 months and deferred payments for up to 120 days on select models. More information at Buick, Cadillac, Chevrolet, and GMC.

Honda: Honda is offering up to three months deferred payments and $1,000 toward the purchase or lease of select new vehicles. More information at Honda.

Hyundai: 90 days of deferred payments. More information at Hyundai.

Infiniti: 90-day payment deferral and 0% APR for up to 72 months. More information at Infiniti.

Jaguar/Land Rover: Jaguar/Land Rover will make your first two months’ payments on select vehicle leases and 0% APR for 72 months on select vehicles. More information at Jaguar and Land Rover.

Kia: Kia is offering 120 days of deferred payments and 0%APR for up to 75 months. More information at Kia.

Lexus: Lexus is offering 0% APR for up to 60 months and 90 days of deferred payments on select models. More information at Lexus.

Lincoln: 0% APR for 72 months and deferred payments for up to 120 days. More information at Lincoln.

Maserati: 90 days deferred payments on select vehicles. More information at Maserati.

Mazda: 90-day payment deferrals and 0.9% APR for up to 60 months on select new vehicles. Mazda is also including a loyalty program credit of $1,500. More information at Mazda.

Mercedes-Benz: 90-day first payment deferral and 0% APR for up to 36 months. More information at Mercedes-Benz.

Mini: 1.9% APR for up to 60 months and waived payment for three months. More information at Mini.

Mitsubishi: 90-day deferral of payments on new vehicles. More information at Mitsubishi.

Nissan: Two months of initial payments covered by Nissan and three months of deferred payments. More information at Nissan.

Porsche: Three months deferred payments on new and COP vehicles and 1.95% APR for 60 months. More information at Porsche.

Subaru: 90 days of deferred payments and 0% APR financing for up to 63 months on select models. More information at Subaru.

Toyota: 0% financing for up to 60 months on Camry, RAV4 and Tacoma models. 90 days deferred payments on new and CPO vehicles. More information at Toyota.

Volvo: Volvo has 0% APR financing for up to 60 months. More information at Volvo.

Volkswagen: VW is offering 120 days of deferred payments and 0% APR for up to 72 months on select new vehicles and interest-free financing for up to 60 months on CPO vehicles. More information at Volkswagen.

As you can see, manufacturers are offering some of the most competitive and compelling deals you’re likely to ever see. So, if you’re in the market for a new car, now is your chance to capitalize on these truly unprecedented deals.

Here’s our guide to car shopping during the COVID-19 outbreak.