New Cars You Can Buy for Under $500 a Month

A loan payment under $500/month gets you access to as many as 66 vehicles ranging from the 2019 Toyota Highlander to the 2018 Volvo V60 Cross Country. At this price, you can take advantage of discounts worth up to $4,000 and rates as low as 1.9% APR.

These are estimated payments based on the latest incentives in your area, assuming a 10% down payment and before taxes & fees. In most cases, shoppers will require excellent credit to qualify for the best rates.