Foreign Automakers Focus on 0% Car Loans and More Leasing Incentives in February
February car shoppers will find continued record-low auto loan interest rates and more attractive leasing incentives across the foreign brands.
Honda – Honda continues its focus on leasing incentives in February. Only the 2009 and 2010 Odyssey and Pilot have car loan incentives in February. You can get an auto loan with 1.9% to 2.9% APR financing for those two models, depending on the length of the car loan. Honda’s February lease specials feature monthly lease payments ranging from $159 to $429 per month. Honda has four different lease incentives for its new Accord Crosstour CUV in February.
Toyota – Toyota is offering 0% interest auto loans on a lot of its models in February. The 0% loans are for 36 months and the interest rate increases as the length of the loan increases. The automaker is still offering $1,000 cash back only on its Yaris. The Prius, Corolla, Camry, Matrix, Venza, Rav4, Highlander, Sienna and Tacoma double cab all have lease incentives in January. You’ll need about $3,000 due at lease signing and monthly payments range from $149 to $319.
Scion is offering only lease incentives in February. The xB, tC and xD can be leased for $217 to $266 per month for 36 months. You’ll need about $900 at lease signing, which is less than what was required the past few months at about $1,000.
Mitsubishi is offering qualified buyers a 0%, 72-month auto loan on its 2009 Eclipse and Eclipse Sypder in February.
