Who Is Offering Zero Percent Financing on Cars in Canada

Shopping for a new car in Canada and wondering whether zero percent financing is actually available? It is — but the offers shift monthly, and a headline 0% can hide trade-offs that change the real cost.

Brands offering 0% financing in Canada (June 2026): Chevrolet, GMC, Volkswagen, Buick, Hyundai, Nissan, Jeep, Genesis ·
Typical 0% APR term: Up to 72 months ·
Credit score required: Typically 700+ ·
Source for current offers: Finder Canada (financial comparison site) and CarGurus (auto marketplace)

Here is a quick reference on the key terms and eligibility requirements for the current crop of 0% financing deals in Canada.

Which cars have 0 financing right now in Canada?

As of June 2026, several automakers are actively promoting 0% APR offers on new vehicles. The list shifts monthly, but the following models have confirmed deals from verified sources.

Current 0% offers by model and term

• Chevrolet Silverado 1500: 0% for up to 72 months (Finder Canada)
• Chevrolet Equinox: 0% for 36 months (Finder Canada)
• Chevrolet Trax: 0% for 36 months (Finder Canada)
• GMC Sierra 1500: 0% for up to 72 months (varies by province) (Finder Canada)
• GMC Terrain: 0% for 36 months (Finder Canada)
• Buick Envision: 0% for 72 months (Finder Canada)
• Volkswagen Taos: 0% for 24 months (Finder Canada)
• Hyundai Santa Fe: 0% for 60 months (CarGurus)
• Jeep Wrangler: 0% for 36 months (CarGurus)
• Genesis GV60: 0% for 60 months (CarGurus)
• Nissan Pathfinder: 0% APR deal (check expiry) (Kelley Blue Book)

Most of these offers run through the end of the month or a specific expiry date. For example, the Chevrolet Equinox EV and Silverado 1500 deals listed on CarGurus are valid only until June 1, 2026. CarGurus notes that these are promotional rates and subject to change.

The pattern: Most offers are from domestic and Korean brands with terms up to 72 months.

Which car brands are offering 0% finance?

The table below compares the brands that currently offer 0% financing in Canada, along with the models and terms confirmed by multiple authoritative sources.

Five brands stand out for offering 0% on multiple models across Canada: Chevrolet, GMC, Buick, Volkswagen, and Hyundai. The pattern is clear: domestic and Korean manufacturers are leading the charge, while some Japanese brands like Toyota and Honda have not confirmed ongoing 0% offers in the research we could verify.

The implication: Buyers should verify trim-level eligibility before visiting a dealer.

How to get 0% interest on a car in Canada?

Getting approved for a 0% financing deal takes more than just walking into a dealership. Here is a step-by-step approach that maximizes your chances.

1. Step 1: Check your credit score
   • Most 0% offers require a credit score of 700 or higher, according to industry standards.
   • You can check your score for free through services like Equifax or Borrowell.
2. Step 2: Compare manufacturer offers
   • Visit the official brand websites (e.g., Chevrolet Canada, GMC Canada) to see current regional incentives.
   • Use third-party aggregators like Cars.ca (auto marketplace buyer resource) to get a broad list.
3. Step 3: Negotiate the total price before discussing financing
   • Dealers often bundle the 0% rate with the full MSRP. Negotiate the out-the-door price first, then ask about financing options.
   • Remember: 0% financing often replaces the cash rebate. The net cost may be higher if you would have qualified for a $2,000 rebate.
4. Step 4: Understand the fine print
   • Check the loan term — shorter terms (24–36 months) are common and mean higher monthly payments.
   • Look for prepayment penalties, balloon payments, or mandatory add-ons.

The implication: 0% is not free money — it is a trade-off between interest savings and lost rebates. Always run a total-cost comparison before signing.

What to know about 0% dealer financing?

Zero percent dealer financing sounds like a no-brainer, but there are important trade-offs every Canadian buyer should understand.

Hidden costs and trade-offs

• Clutch.ca (a Canadian used-car dealer that also publishes buyer advice) warns that “there are secret costs behind ‘free’ financing.” These can include higher vehicle prices, mandatory extended warranties, and shorter loan terms that increase monthly payments.
• 0% offers are typically only available on new vehicles, not used. Cars.ca notes that the promotional period is usually tied to the calendar month.

Eligibility requirements

• Top-tier credit (700+) is almost always required. Buyers with lower scores may see the rate jump to 5% or more.
• Some dealers require a larger down payment (10–20%) to qualify for the 0% rate.

Alternatives to 0% financing

• If you don’t qualify, secured loans from banks or credit unions can offer rates around 4–6% for well-qualified borrowers, according to Ratehub.ca (financial comparison site).
• Sometimes taking the cash rebate and financing at a low standard rate works out cheaper than 0% with no rebate.

What this means: Always compare the total cost including mandatory add-ons.

Does Ford offer 0% financing?

Ford Canada has historically offered 0% financing on select models, but as of the research conducted for this article (June 2026), no current confirmed 0% Ford offers appeared in the major Canadian sources we examined. CarEdge reported 49 zero-percent deals in the U.S. market in March 2026, which included Ford, but those offers do not always cross the border. Canadian-specific Ford incentives can be verified on Ford Canada’s official offers page, but the company’s current marketing materials may emphasize low-rate financing (e.g., 1.99%) rather than 0%.

The trade-off: If you have your heart set on a Ford, check the Ford Credit Canada website directly or ask a dealer about any regional 0% promotions that may not be widely advertised. Otherwise, the brands with confirmed 0% offers today are Chevrolet, GMC, Buick, Volkswagen, Hyundai, Nissan, Jeep, and Genesis.

“Zero percent financing means the buyer finances the purchase price without paying interest over the loan term or a promotional period.”

— Cars.ca (Canadian auto marketplace buyer resource)

“There are secret costs behind ‘free’ financing — higher vehicle prices, mandatory add-ons, and shorter loan terms can make 0% more expensive than it looks.”

— Clutch.ca (Canadian used car dealer and buyer education site)

Related reading: **Minimum Wage in Canada 2026: Rates by Province & Salary Guide**

For drivers in Ontario, the Ontario zero-percent auto finance guide breaks down eligibility requirements and hidden costs that can affect the total deal.

Frequently asked questions

For Canadian car shoppers, the decision to pursue 0% financing comes down to one question: will you actually save money after factoring in lost rebates and any mandatory add-ons? If the headline rate is genuine and you have the credit to qualify, it can be a great deal — but only if you enter the dealership armed with the facts. For buyers in Ontario, British Columbia, or Alberta, the current offers from Chevrolet, GMC, Buick, and Volkswagen are the most documented. The rest of the market? Check the official brand site before you sign.