Best 0% APR Deals on Luxury Cars and SUVs [May 2022 Edition]

best 0 apr luxury car dealsCar manufacturers are offering zero percent APR deals on both luxury cars and SUVs to entice car buyers to spend in a down economy.

0% APR deal term lengths on luxury vehicles are much longer than historical financing deals, with payment terms going up to 84 months and many at 60-72 months as well. A few deals each month have bonus cash back offers that allow buyers to save a few hundred or even a couple thousand dollars on a new luxury vehicle.

With dealers and brands so eager to revive sales, high-end car buyers can easily find an interest free deal on many 2020 and 2021 models.

Not interested in a luxury vehicle? We curate 0% APR deals for all types of vehicles. There are currently financing offers available on SUV’s, convertibles, trucks, wagons, hatchbacks, you name it!

Best 0% APR Financing Deals on Luxury Cars

Here are our picks for the best APR deals on luxury cars for the month of May. Some include bonus cash offers as well.

Cadillac CT4#1 Deal: 2022 Cadillac CT4

Finance Deal: 0.0% APR for 36 months

Check Cadillac CT4 Prices

Cadillac CT5#2 Deal: 2022 Cadillac CT5

Finance Deal: 0.0% APR for 36 months

Check Cadillac CT5 Prices

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2022CadillacCT40.00%36 months5/31/2022
2022CadillacCT50.00%36 months5/31/2022

Best 0% APR Financing Deals on Luxury SUVs

Here are our picks for the best APR deals on luxury SUVs for the month of May. Some include bonus cash offers as well.

2020 Cadillac XT5#1 Deal: 2022 Cadillac XT5

Finance Deal: 0.0% APR for 36 months plus $500 in bonus cash

Check Cadillac XT5 Prices


2020 Cadillac XT6#2 Deal: 2022 Cadillac XT6

Finance Deal: 0.0% APR for 36 months plus $500 in bonus cash

Check Cadillac XT6 Prices

Cadillac XT4#3 Deal: 2022 Cadillac XT4

Finance Deal: 0.0% APR for 36 months plus $500 in bonus cash

Check Cadillac XT4 Prices

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2022CadillacXT50.00%36 months$5005/31/2022
2022CadillacXT60.00%36 months$5005/31/2022
2022CadillacXT40.00%36 months$5005/31/2022

What to consider before financing a luxury car

Luxury vehicles come with top-of-the-line features and amenities for comfort, design, and performance, but of course come with a high price tag.   Before splurging on a high-end vehicle, here are a few considerations.

1 - Type of luxury vehicle

Luxury vehicles can be broken down by size into classes like compact, mid-size, and full-size.  But it’s easiest to start by simply determining whether you want a luxury car or an SUV.

Luxury cars come in coupes (2 door), sedans (4 door), convertibles, and sports cars.  You can expect sleek, head-turning designs with premium comfort features and technology.  And of course, many high-end performance and safety features come standard.

The average starting price for an entry-level luxury car is in the low $30,000 range.

Luxury SUV’s have become extremely popular for those looking for creature comforts but with added headroom and the ability to handle rough conditions with all-wheel drive and added vehicle weight.

Luxury crossovers and SUV’s are more expensive than cars, but start as low as the $30,000 range.

2 - Loan terms

Luxury vehicles are more expensive than normal coupes, sedans, and SUVs which means a bigger loan.  Luxury APR deals can be enticing, but always read the financial terms to be sure a normal loan isn’t a better option.  Most APR deals prohibit you from combining with other offers and may require a high down payment.  There may also be pre-payment penalties or a pre-set purchase price.

3 - Do you qualify for the best rates?

When loan amounts get high, so does the minimum credit score you need to finance.  A credit score of 720 or higher will likely be required to get the best interest rates and published APR specials.

How can you purchase a luxury vehicle with bad credit?

In order to obtain zero percent financing for a luxury SUV or car you will need pristine credit.  Otherwise, you’ll be paying inflated interest rates and more money over the life of your loan.  To reduce the amount you pay, here are a few suggestions.

  • Try to reduce the purchase price by finding more than one dealer and getting competing price quotes.
  • Pay as much upfront as possible. If you can afford it, a big down payment will result in lower monthly payments.
  • Shopping around for financing online where you can expect to pay a lower APR than a bad credit loan at the dealership.
  • Buying a slightly used luxury vehicle instead. You can save a bundle by getting a luxury vehicle that’s a couple of years old.

Frequently Asked Questions

What is the most affordable luxury car to buy right now?

You can get a well-made vehicle with premium features for under $35,000 with an entry-level luxury car or SUV. Some of these include the Mercedes-Benz A-Class, Audi A3, BMW 2 Series, and Infiniti Q50.

What luxury car companies are offering 0% APR?

Luxury car brands like BMW, Cadillac, Land Rover, and Lexus consistently put out new 0% APR deals each month on their lineup.

Can you get 0% APR on a luxury car?

Even though brands like Mercedes-Benz, Volvo, and Audi rarely offer 0% APR, there are still plenty of options for luxury cars and SUVs with 0% APR. Top brands like Lexus and higher-end models from Lincoln and Kia are available with no interest.

Is 0% financing a good idea on a luxury SUV?

Especially at the price point of luxury vehicles, not paying any interest on top of the high monthly payments can be very beneficial. As long as you can pay the loan and have a very solid credit score, 0% APR can be a good deal.

What credit score do you need to qualify for an interest free luxury car deal?

In general, your credit score should be at least 700 to qualify for 0% APR financing on a new car, but with luxury brands it should be a bit higher. Buyers with a score of 720 – 750 (or higher) have a much better chance.