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Best Used Car Financing Deals

Smart buyers are looking to the used car market when it's time to get a new vehicle. That's not surprising since the average price of a new car now sits around $36,000, while the average price of a used car is $20,000. This March, there are plenty of great certified pre-owned, or CPO, options out there for used-car shoppers, and from a wide selection of automakers.

CPO vehicles provide buyers with more peace of mind compared to purchasing a conventional used car, since CPO cars, trucks, and SUVS go through detailed inspections from the automaker’s own dealerships. That means you won't have to worry about inheriting the original owner's problems or inattentiveness to maintenance. If a car has issues, it won’t be accepted into the CPO program.

Dealerships conduct multipoint inspections on CPO vehicles, and most brands require the models to be less than five or six years old and have fewer than 60,000 to 80,000 miles. CPO vehicles occasionally come with added benefits, though these benefits vary by brand. Some of the best offers include a 10-year/100,000-mile warranty, rental car reimbursement, roadside assistance, and free scheduled maintenance for a period of time. If you want to know more, read How CPO Programs Work and check out our list of the Best CPO Programs.

Used-car specials from automakers consist mostly of finance deals on CPO vehicles. These incentives include interest rates that are usually lower than the national average rate for a used-car loan. A lower rate reduces your overall cost because you won’t be paying as much to borrow money to buy a car. For more information on how lower rates save you money, read How to Finance a Car and Get a Car Loan. These lower interest rates can be beneficial because CPO vehicles tend to cost a bit more than noncertified models.

If you’re looking for a used-car deal on cars not covered by these CPO deals, check out these other used car financing offers.

There are some attractive CPO deals across the market this March. Ford, Nissan, and Toyota are offering select models with financing rates of less than 4.5 percent. Buick, Chevrolet, and Subaru do even better, with financing rates of under 2 percent. Luxury automakers like BMW, Mercedes-Benz, and Jaguar are getting in on the action as well. All three have finance rates below 3 percent on select models. The length of the terms vary from company to company, but most are for two to five years.

Check out the best March CPO financing offers to make the right car-buying decision for you.

Brand

Deal

Models

Expiration

BMW

2.49% APR for 60 months All 2015-2016 CPO 3 Series models

4/1/2019

Buick

1.9% APR for various terms

Select CPO Enclave and Encore models

4/1/2019

Chevrolet

1.9% APR for various terms

Select CPO Bolt EV, Cruze, Equinox, Malibu, Traverse, and Volt models

4/1/2019

Ford

4.49% APR for 60 months

All CPO models

4/1/2019

GMC

1.9% APR for various terms

Select CPO Acadia, and Terrain models

4/1/2019

Jaguar

0.9%-3.9% APR for 24-36 months Select 2014-17 CPO models, including XE, XF, XJ, XK, F-Pace, and F-Type

4/1/2019

Mercedes-Benz

1.99% APR for 36 months

Select 2015-2017 CPO models, including CLA, C-Class, E-Class, S-Class, GLA, GL, GLC, GLE, and GLS

4/1/2019

Nissan

0% APR for up to 36 months; 3.99% APR for 60 months

0% on 2014-18 Leaf;

3.99% on 2014-2018 Sentra, Altima, Rogue, and Rogue Select

4/1/2019

Subaru

1.99% APR

Select 2014-2019 CPO models

4/1/2019
Toyota 3.9% APR Select CPO Camry, Camry Hybrid, RAV4, and RAV4 Hybrid models 4/1/2019

 

Looking to buy a used car? Check out our Used Car Rankings, where you can compare used cars by class, model year, and budget. Then, search our Used Car Listings, where you can browse used vehicles for sale in your area. While we work to keep used car deals up to date and accurate, the best source of current discounts and incentives on a used or certified pre-owned car is your local dealer.

Interested in a new car? Check out our Best Car Deals this month, as well as our Best Lease Deals.