2024 Kia EV9 Gets First 0% Financing Deal

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Senior Pricing Analyst

As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Senior Pricing Analyst - April 2, 2024
2024 Kia EV9 electric SUV blue color side view

It just got more affordable to buy a Kia EV9. According to an incentive bulletin sent to dealers earlier today, the 2024 Kia EV9 benefits from the first 0% financing deal since its launch. Based on our analysis, this could help save buyers around $3,000 compared to last month. But it may not be the best deal you can get.

Through April 30th, all versions of the 2024 Kia EV9 get 0% financing for up to 48 months. That represents a price cut from 2.49% APR and is the first time that Kia has offered zero-percent financing on its newest EV. On a $60,000 vehicle, we estimate that the lower interest rate can translate to a price cut of about $3,100.

2024 Kia EV9 electric SUV blue color back view

Alternatively, the 60-month financing rate on the EV9 went from 2.99% to 1.49% APR. Similarly, 72-month financing now starts at 2.99% APR, down from 3.99% back in March. While there continues to be an 84-month financing option on the EV9, the price cut is barely noticeable at 5.25% APR (down from 5.75%).

Having said all of that, 0% financing may not be the best deal on the EV9. As we reported earlier today, Kia's discount on the EV9 now stands at $7,500 off MSRP. That's Customer Cash meant for purchasing and matches the brand's discount for leasing. Like most rebates, 0% APR can't be combined with the $7,500.

As a result, you may need to do some math to decide which deal is best for you. On a 4-year loan for a $60,000 EV9, we think the rebate may only make sense if you don't qualify for 0% APR but can get a rate of 6.7% or less. We suggest having a Kia dealer explain the options available based on your unique situation.

Explore Kia EV9 Financing Deals

, Senior Pricing Analyst

As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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