Rates are changing, but deals can still be had when financing a new car. It’s getting more expensive to borrow money, so the lowest APR finance deals are likely to vanish in months to come. If you’re thinking of financing a new car, loan interest rates are on the rise. These are the best new car finance deals in February 2023. 

The Best Auto Loan Rates For New Cars (February 2023)

We’ve compiled every manufacturer’s financing incentives below, but these are the BEST loan deals with the LOWEST auto loan rates this month. 

• Honda: 1.9% to 3.9% APR for most models.
• Nissan: 0% to 2.99% APR for 36 months, including the Altima, Rogue, Pathfinder, Titan, Murano LEAF, Versa, Kicks and more.
• Subaru: Several 2022 models are available with 2.9% APR. 2023 models get a bump to 3.9% APR.
• Toyota: The Tacoma and Tundra are available with 2.99% APR for 60 months. The RAV4, Camry, Corolla and Highlander are at 3.49% to 3.99% APR for 48 months.

Let’s dive into every automaker’s financing offers for December.

Buick Financing Deals

Finance Buick SUVs (Encore, Envision, Enclave) at 3.9% APR for 72 months.

For a limited time, Buick is offering no payments for 90 days.

See details at buick.com

BMW Financing Deals

As interest rates rise further, BMW has removed advertised financing promos from bmwusa.com. BMW financing deals have been replaced with the generic “attractive finance offers available – contact dealer”.

Credit unions are a great avenue for finding the lowest auto loan rates. Learn more about financing with a credit union.

See BMW listings near you.

Cadillac Financing Deals

In February, Cadillac requires you to contact a dealer to learn more about offers.

Negotiate financing with more leverage when you bring your own outside financing offer from a credit union. Get pre-qualified with CarEdge-approved credit unions today.

See Cadillac listings near you.

Chevrolet Financing Deals

In February, these are the best Chevrolet financing offers:

2.99% APR for 60 months for the Silverado 1500, Colorado and Equinox.

See Chevrolet listings near you.

Chrysler Financing Deals

In February, finance the Chrysler Pacifica with 3.9% APR for 60 months.

See Chrysler listings near you.

Dodge Financing Deals

Dodge does not have active finance offers nationwide, but does have the following offers:

$4,250 cash allowance for the Durango

$2,000 cash allowance for the Charger and Challenger

See Dodge listings near you.

Ford Financing Deals

In February, Ford is advertising 3.9% APR for 60 months for select models

• Bronco Sport
• Edge
• Escape
• Explorer
• Expedition
• F-150
• Ranger

Learn more about Ford lease deals here.  

See Ford listings near you.

Genesis Financing Deals

2023 Genesis G70, G80, G90, GV70 (including electrified versions)

3.49% APR for 60 months

2023 Genesis GV60, GV80, G90

4.49% APR for 60 months

Expiration dates for these Genesis incentives are unclear. Check genesis.com for current information.

See Genesis listings near you.

GMC Financing Deals

In February 2023, GMC has a few financing offers:

• 2.99% APR for the GMC Sierra 1500
• 3.9% APR for the GMC Terrain
• 4.49% APR for the GMC Acadia and Canyon. Learn more.

See GMC listings near you.

Honda Financing Deals

This month, Honda offers some of the best new car financing offers.

1.9% APR for 24 – 48 months

• Pilot
• Ridgeline
• Passport (some trims)

2.9% APR for 24 – 48 months

• Accord
• Passport (some trims)

3.9% APR for 24-48 months

• Civic
• CR-V
• HR-V
• Odyssey

Learn more at honda.com

See Honda listings near you.

Hyundai Financing Deals

In February, Hyundai has removed all financing offers from their website. Contact a dealer for the latest info, and we recommend getting pre-qualified with our trusted CarEdge credit union partners.

See Hyundai listings near you.

Jeep Financing Deals

This month, there are no active Jeep APR deals, however Jeep lease deals are attractive. Learn more about active Jeep lease deals here. 

See Jeep listings near you.

Kia Financing Deals

2.9% APR for 48 months

Select models qualify:

• Kia Forte
• Kia Sorento (2022)
• Kia Soul

3.49% APR for 48 months

• Kia Stinger

3.99% APR for 48 months

• 2023 Kia K5
• 2023 Kia Rio
• 2023 Kia Sorento

See Kia listings near you.

Lexus Financing Deals

Right now, Lexus has the following financing deals:

3.49% APR for 48 months

• Lexus RX (2022)

4.99% APR for 60 months

• Lexus ES (select styles)
• Lexus GX (select styles)

See Lexus listings near you.

Lincoln Financing Deals

3.9% APR for up to 72 months

• Lincoln Corsair (2022 select models)
• Lincoln Nautilus (2022 select models)

See details at lincoln.com.

See Lincoln listings near you.

Mazda Financing Deals

In February, Mazda has great financing offers:

2.49% APR for 36 months + NO payments for 90 days

• Select 2022 model year Mazdas

2.9% APR for 36 months + NO payments for 90 days (2023 model years)

• Mazda 3 and 3 Hatchback
• Mazda CX-30
• Mazda CX-5
• Mazda CX-9
• Mazda CX-50

Mazda lease deals are attractive. Learn more about active Mazda lease deals here.

See Mazda listings near you.

Mercedes-Benz Financing Deals

This month, Mercedes-Benz does not have financing offers, but lease deals are attractive. See Mercedes lease offers.

See Mercedes-Benz listings near you.

MINI Financing Deals

3.99% for 60 months for the following MINI models:

• Convertible
• Hardtop
• Countryman

See MINI listings near you.

Mitsubishi Financing Deals

Right now, there are no active Mitsubishi financing deals.

See Mitsubishi listings near you.

Nissan Financing Deals

In February 2023, Nissan has the BEST financing deals:

0.0% APR for 36 months

• Altima
• Rogue
• Pathfinder

1.9% APR for 36 months

• Sentra
• Rogue Sport
• Murano
• Armada
• Titan

2.59% APR for 36 months

• LEAF
• Ariya

2.99% APR for 36 months

• Kicks
• Maxima
• Versa
• Frontier

Learn about Nissan lease deals here. 

See Nissan listings near you.

Polestar Financing Deals

Polestar has one active financing offer:

• 4.99% APR for 60 months

See Polestar listings near you.

Ram Financing Deals

In February 2023, Ram has these active financing offers:

• 4.9% APR for 72 months

No payments for 90 days for the Ram 1500 and Ram 2500

$4,000 cash allowance for Ram 1500

See Ram listings near you.

Subaru Financing Deals

2.9% APR for 48 months for these 2022 models:

• 2022 Ascent
• 2023 BRZ
• 2023 Crosstrek
• 2022 Forester
• 2023 Impreza
• 2023 Legacy
• 2023 Outback
• 2023 Solterra (electric)
• 2022 WRX

Most 2023 models qualify for 3.9% APR. See which models and trims qualify at subaru.com.

See Subaru listings near you.

Toyota Financing Deals

In February, Toyota has these APR deals for well-qualified buyers:

2.99% APR for 60 months

• Toyota Tacoma
• Toyota Tundra

3.49% APR for 48 months

• Highlander

3.99% APR for 48 months

• RAV4
• Corolla
• Camry

Learn about Toyota lease deals here.

See Toyota listings near you.

Volkswagen Financing Deals

Volkswagen Tiguan and Atlas are available with 3.9% APR for 36 months, and these Volkswagen lease offers are worth taking a look at.

See Volkswagen listings near you.

Volvo Financing Deals

There are no active financing offers this month. 

See Volvo listings near you.

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