Current 0% financing offers on cars in Ontario

If you’re shopping around for a new car, there are several manufacturers offering 0% interest car deals in Ontario. 0% financing sounds like a great offer—and sometimes it is—but there are also a few traps to avoid before you commit to this type of loan.

This guide highlights current 0% APR car offers in Ontario and shares tips on how to ensure you’re getting a good deal.

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Where can I get 0% financing in Ontario?

You can currently get 0% financing on cars in Ontario from brands like Buick, Chevrolet and Ford.

Applying to loan search platforms like Loans Canada or CarsFast may also help, since they’re partnered with large networks of dealerships. One application matches you with offers, allowing you to find the best financing terms for your situation.

0% financing on cars in Ontario for July 2025

Check out the table below for details of the lowest car loan rates available in Ontario, starting at 0%.

Offers last verified on July 3, 2025 and expire on July 31, 2025 (where an expiration date is disclosed). Offers are on approved credit, vary by region and may have other conditions.

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Product	Finder Score	APR Range	Loan Amount	Loan Term	Requirements	Broker Compliance
Promoted Finder score 8.8 Great CarsFast Car Loans	Finder score 8.8 Great	3.90% - 29.90%	$500 - $75,000	12 - 96 months	Requirements: Min. income of $2,000 /month, 3+ months employed	CarsFast will connect you with a dealership near you to help you find the right financing.	Go to siteMore info Compare product selection Compare	loading
Promoted Finder score 9 Excellent My Auto Approval Vehicle Loan	Finder score 9 Excellent	0% - 35.00%	$5,000 - $75,000	12 - 96 months	Requirements: Min. income of $1,800 /month, 3+ months employed	My Auto Approval is a loan search platform. Get matched with a suitable dealer based on your credit history and borrowing requirements.	Go to siteMore info Compare product selection Compare	loading
Promoted Finder score 8.7 Great Clutch Car Loans	Finder score 8.7 Great	From 8.99%	$7,500 - No max.	24 - 96 months	Requirements: 3+ months employed; maximum 1 bankruptcy; only available in Ontario, New Brunswick and Nova Scotia	Apply for financing with online dealer Clutch, who partners with some of Canada’s largest financial institutions to get you competitive interest rates.	Go to siteMore info Compare product selection Compare	loading

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Do financing deals in Ontario vary by dealership location?

Sometimes. Some car dealerships may offer incentives that are unique to their dealership and are not available elsewhere. Alternatively, offers can vary between provinces—so while 0% financing may be available on a specific make and model in Alberta, the same deal may not be available in Ontario.

But manufacturers will also offer financing deals that are available at all dealership locations, with some offers provided nationwide.

When browsing current financing deals on a manufacturer’s website, make sure you enter your postal code or select Ontario as your province. This will allow you to see the best 0% financing cars in Ontario.

Who’s offering 0% financing on trucks in Ontario?

As of July 2025, 0% financing on trucks in Ontario is available from these models:

• Ford 2025 F-150 STX
• Ford 2025 F-150 Lightning XLT
• RAM 2025 1500 Off-Roader Value Package

Who’s offering 0% financing on SUVs in Ontario?

As of July 2025, you can get 0% or low-rate financing on an SUV in Ontario from:

How to qualify for 0% interest car deals in Ontario

Lenders will look at several factors when determining whether you qualify for 0% financing for cars in Ontario. Here’s what you’ll need to get approved:

• Strong credit. You’ll need good to excellent credit, typically over 700, to qualify for 0% APR car deals.
• Steady income. Being in steady employment and earning enough income to afford your loan repayments is essential to get approved.
• Down payment. Some 0% financing offers come with a minimum down payment requirement.
• Minimal debt. You’ll also need to have a low debt-to-income ratio to qualify for 0% interest car deals. Keeping your ratio well under 40% is ideal, as lenders tend to favour lower numbers.

What to watch out for

• Being overcharged for the car. The dealer may sell the car to you at an inflated price. Make sure you check the average price of the vehicle before visiting the dealership.
• Extra fees and charges. Check the fine print for details of any fees that may apply to your loan.
• Limited-time offers. With some offers, 0% interest only applies for a limited period, after which time your car loan reverts to a higher interest rate.
• Lowball trade-in offers. If they’re not going to be receiving any interest payments from you, dealers may try to make a profit by offering you a less-than-fair trade-in price for your current vehicle.
• Inflexible loan terms. No-interest car loans often have shorter loan terms (which means larger monthly payments) and large down payment requirements.
• Specific models only. No-interest car loans are only offered on specific models, so you may not be able to get the same low rate on the vehicle you want.
• Balloon payment. You may need to make a large lump sum payment at the end of the loan term, which can be difficult to budget for.
• You’ll need strong credit. You’ll need good to excellent credit to qualify for 0% APR car deals in Ontario.

Money-saving tips when buying a new car

• Shop around before visiting the dealership. Check current car loan offers from a range of lenders before visiting the dealership. It’s also a good idea to review what prices vehicles are selling for at other local dealerships to make sure you’re getting a fair deal.
• Get ready to negotiate. It’s the part of buying a car that some of us dread, but dealers expect a bit of back and forth when negotiating a sale. Don’t be afraid to haggle to try to secure yourself the best possible price.
• Save a bigger down payment. Saving a bigger down payment means borrowing less, which in turn means paying less interest if you don’t qualify for 0% financing.
• Factor in taxes and charges. The MSRP a manufacturer lists for a vehicle is noticeably lower than the driveaway price of the vehicle. Remember to calculate the total purchase price of the vehicle when comparing financing options.
• Be wary of dealer add-ons. From extended warranties and insurance to rust-proofing and window tinting, watch out for any unnecessary add-ons the dealer tries to sell you to inflate the purchase price. Don’t be pressured into accepting any extras you don’t want or need.
• Look beyond the sticker price. There’s much more to the cost of owning a car than just the purchase price. Look at factors like the car’s fuel economy, how much it costs to insure and even its resale value when searching for the right model.

Are there 0% lease deals in Ontario?

Yes, it may be possible to get 0% lease deals in Ontario. However, 0% lease deals are generally much less widely available than 0% financing offers, so shopping around is key to finding the best current deals.

You’ll need a high credit score to access the lowest rates, along with a low debt-to-income ratio. Find out more about car lease rates.

Bottom line

You can get 0% financing for cars in Ontario. But financing deals change regularly and don’t apply to all vehicles, and you’ll also need good to excellent credit to qualify. Shop around to compare the latest 0% interest car deals in Ontario, and remember to check the full details of the offer to make sure you’re getting the best deal.

Frequently asked questions

• Can you get 0% financing deals on cars in Ontario with bad credit?

  No. You'll need strong credit to qualify for 0% interest car deals in Ontario. It's still possible to finance a car if you have bad credit, but you won't qualify for 0% financing.

• Can you get 0% financing deals on used cars in Ontario?

  Typically, no. 0% financing of cars in Ontario is usually only available on new vehicles. So if you're offered 0% used car financing, do your research to find out whether there are any additional fees attached to the loan or if the dealer is overcharging you for the vehicle.

• Is GMC offering 0% financing in Ontario?

  GMC does not appear to have 0% financing in Ontario in July 2025.

• What are the best 0% financing deals on cars in Ontario?

  The best 0% financing deals depend on the type of vehicle you want to buy as well as the make and model you choose. As of July 2025, 0% APR car deals in Ontario are available on selected models from Buick, Chevrolet and Ford.

To make sure you get accurate and helpful information, this guide has been edited by Leanne Escobal as part of our fact-checking process.

Written by

Tim Falk

Writer

Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

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