Best Used Car Sales: April 2024

By

Automotive Contributor

Sean is an automotive enthusiast with a background in sports journalism. He is a graduate of California Lutheran University with a Bachelor of Science in Business.

, Automotive Contributor - April 12, 2024

The best used car sales offer low-interest financing when choosing a factory-certified vehicle. These used car deals can sometimes feature lower interest rates than new cars. Although used car prices remain high across much of the U.S., we're finally starting to see prices decrease with CPO deals from top car brands.

We found used car financing rates starting at 1.99% APR in April 2024. Unlike regular used cars, certified vehicles are held to different standards and have a warranty for added peace of mind. In many cases, you may need to act fast since inventory remains very limited in many parts of the country.

Acura Used Car Sales

Acura RDX luxury SUV blue color

Through April 30th, Acura is offering 1.99% APR for up to 36 months.

2019 to 2024 model year Acura Precision Certified TLX, RDX, and MDX models are eligible for the deal through Acura Financial Services.

Alternatively, there are 48 and 60-month financing deals at 3.99% APR and 4.49%, respectively.

Acura's used car interest rates remained the same in April after dropping by a percentage point last month. The used car sale from Acura may enable you to finance one for less than what might be possible through a bank.

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Honda Used Car Sales

Honda CR-V Hybrid

Through April 30th, Honda is offering 1.99% APR for 24 months on select models. There are also 36 and 60-month options at 4.99% and 5.99%, respectively. Honda's used car interest rates are identical to last month.

Eligible vehicles include 2018 to 2023 versions of the Civic, Accord, HR-V, and CR-V.

According to a bulletin sent to dealers, only models classified as HondaTrue Certified+ and HondaTrue Certified qualify for the incentive through Honda Financial Services (HFS).

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Lexus Used Car Sales

Lexus RX Hybrid

Through April 30th, Lexus is offering 5.99% APR for 72 months on certified used vehicles.

Eligible models include 2019 to 2023-model-year Lexus ES, NX, RX, RZ, and GX vehicles.

It's unusual to see 72-month CPO financing deals, and the deal in question could enable you to score a below-market interest rate and get the lowest monthly payment.

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Nissan Used Car Sales

Nisan Sentra sedan blue color

Through April 30th, select CPO Nissans have 3.99% APR for 36 months.

Eligible models include 2019 to 2023 versions of the Sentra, Altima, Kicks, Rogue Sport, Rogue, Pathfinder, and Frontier. The competitive 3.99% remains the same for April, but oddly, the cutoff for models to be eligible was pushed from 2018 to 2019.

NMAC also has 60 and 72-month financing options at 6.29% and 6.79%, which both saw slight upticks this month.

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Subaru Used Car Sales

Subaru Outback Wilderness

Through April 30th, Subaru is offering 4.49% APR financing for 36 months on all certified used vehicles. That's the same deal as last month, with Subaru's interest rate remaining about 1% lower than previous incentives.

There are no exclusions, which means you can even score a deal on the popular Subaru Outback Wilderness.

Looking to go EV? Solterras have 2.49% APR for 36 months when choosing a CPO 2023 model.

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Toyota Used Car Sales

Toyota RAV4

Through April 30th, Toyota is offering 5.49% APR for 60 months nationally on a slew of certified pre-owned vehicles. That's slightly better than Toyota's previous used car interest rate of 5.99%.

Eligible cars include all certified used Camrys and Camry Hybrids, Corollas and Corolla Hybrids, RAV4s and RAV4 Hybrids, as well as the all-electric bZ4X.

New for this month, all CPO Tacoma trucks, Highlanders, and Highlander Hybrid get the same deal too.

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BMW Used Car Sales

2020 BMW 8-Series front three-quarter view

Now through April 30th, BMW is offering 4.99% APR for up to 36 months on all certified pre-owned models. That's not bad at all, especially for a luxury brand. If you want longer to pay, you can get 5.99% for up to 60 months and 6.99% for 72.

BMW will throw in a $1,000 credit on CPO 5-Series models from 2019-2022, and $500 on 7 and 8-Series models from the same years. All models can benefit from a $500 CPO loyalty bonus if you're eligible as well.

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, Automotive Contributor

Sean is an automotive enthusiast with a background in sports journalism. He is a graduate of California Lutheran University with a Bachelor of Science in Business.


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