Not all Hondas qualify for 60-month 0% financing in the US — it depends on the model, trim, and timing of purchase.
With rising interest rates and heavy competition among automakers, Honda has increasingly leaned on financing incentives to attract buyers. One of the most attention-grabbing offers has been zero-percent annual percentage rate (APR) financing for 60 months on select models. For qualified buyers, such a deal can make a new Honda much more affordable and appealing — but as with any special offer, the details matter.
Which Honda Models Are Eligible for 60-Month 0% Financing?
Not all Hondas qualify for 0% financing — it depends on the model, trim, and timing of purchase. Typically, automaker-backed financing deals like 0% for 60 months are restricted to certain new and unregistered vehicles, and sometimes only to specific trims or sub-models. Recently, Honda has offered 0% APR up to 60 months on some of its newest models. For example, the all-electric SUV Honda Prologue has been advertised under a 0% financing program for eligible buyers, under certain credit conditions.
Beyond the Prologue, there are cases where other models — often mid-range or higher-trim vehicles — are included in promotional financing windows. But widespread 0% financing across the entire lineup is rare. More often, Honda offers low but non-zero APRs (e.g. modest single-digit percentages) for its sedans, SUVs, and trucks.
What 0% for 60 Months Really Means
For a qualified buyer, 0% APR for 60 months means no interest charges on the auto loan over five years. If you borrow $30,000, for instance, you’ll pay back exactly $30,000 — no extra finance fees. That can save thousands compared with a typical auto loan at, say, 5–6% APR over the same term.
Monthly payment calculators for 0% deals often boil down simply to the loan amount divided by 60. So a $30,000 loan would result in a monthly payment of $500 (plus taxes, fees, etc.). Because interest is zero, all your payments go directly toward paying down the principal balance.
Because of that, 0% financing can be especially attractive if you want to avoid the interest expense, plan to keep the vehicle long-term, or want predictable, evenly spread payments.
Who Qualifies — And What Buyers Should Watch Out For
0% financing offers are almost always limited to “well-qualified buyers.” That generally means you need a strong credit history, stable income, and meet other credit-worthiness criteria set by Honda Financial Services (or the financing arm working with Honda).
Even with good credit, there’s often fine print: the offer may only apply to certain trims, exclude hybrid or electric variants (or conversely target them), or require a minimum down payment. Dealers sometimes impose additional conditions — for example, that the vehicle be new and unregistered, that the offer cannot be combined with other discounts or rebates, or that purchase be completed within a limited promotional window.
Also: because demand and supply in the auto market fluctuate, 0% offers don’t last forever. A 0% deal available one month might disappear the next — or be replaced with a low-APR but non-zero financing deal.
Finally, total savings depend not just on APR but on overall purchase price. If a dealer inflates the MSRP, tacks on add-ons, or pushes extras, that can erode or even negate the financial benefit of a 0% deal. Smart buyers compare out-the-door price, not just monthly payment.
Why Honda Uses 0% Financing — And When It Makes Sense
Manufacturers often deploy 0% APR deals to move vehicle inventory more quickly — especially when new models launch, when interest rates on conventional auto loans are high, or when demand slows. For buyers on the fence, 0% financing can tip the scale. For Honda, which sells a wide range of vehicles — from economy cars to SUVs and EVs — a 0% deal on select models can help clear out inventory or boost uptake of new vehicles like the Prologue.
For prospective buyers, 0% financing makes sense when:
- You qualify credit-wise, and can secure the promotional rate.
- You care about minimizing overall interest costs.
- You plan to keep the vehicle long-term (making interest savings meaningful).
- You negotiate a fair purchase price (i.e., don’t let the monthly payment distract you from the total cost).
If you don’t meet those conditions, a traditional loan or other financing arrangement might offer better overall value — depending on incentives.
Alternatives and What If 0% Isn’t Available
When 0% isn’t offered, Honda — like most automakers — often provides low-APR financing (e.g., modest interest rates), cashback incentives, or lease deals. Some vehicles may be discounted heavily, offering comparable monthly payments even with interest. Others might be offered with manufacturer rebates that offset financing costs.
Third-party lenders are also an option: in some cases, they may extend competitive auto loans to buyers who don’t qualify for manufacturer-backed financing. That said, those often come with higher interest rates compared with 0%, so savings are reduced.
The Bottom Line: 0% Financing Is a Tool — Use it Wisely
Honda’s 0% financing for 60 months is a compelling offer — but it’s not magic. It works best for credit-qualified buyers who evaluate the deal carefully, pay attention to the full price, and avoid overpaying for dealer add-ons or inflated prices.
If you’re considering a new Honda, it’s worth asking your dealer whether a 0% APR offer is currently available for the exact model and trim you want. Confirm that you meet credit criteria, and negotiate on price before you accept financing terms, to ensure you’re getting genuine value — not just a monthly payment that looks attractive.
For many buyers, 0% financing can deliver real savings over traditional loans. But like any financing deal, the devil is in the details. Given the right circumstances, it remains one of the smarter ways to finance a new Honda.
