Multiple Automakers Extend 0% EV Financing Deals into January 2026

Building on Tesla's Q4 2025 incentives—including 0% financing, $299 leases, and free Full Self-Driving as previously reported—various automakers are now providing 0% financing on multiple electric vehicle models this month to attract buyers amid declining sales trends post-federal EV tax credit expiration. Deals cover popular crossovers and trucks from brands including Chevrolet, Ford, Kia, Subaru, Tesla, and Volkswagen.

The end of the $7,500 federal EV tax credit in 2025 continues to drive aggressive incentives, with manufacturers expanding 0% financing beyond Tesla's late-2025 promotions to sustain momentum amid industry challenges like Tesla's second year of declining deliveries. Published January 4, 2026, reports detail offers on remaining 2025 models and new 2026 variants.

Chevrolet leads with 0% financing for up to 60 months on the Equinox EV (under $35,000 for 2025 models, $1,500 less than 2026's $36,495) and Silverado EV (up to 10,500 pounds GVWR towing) on 2025 units.

Ford's Mustang Mach-E (up to 320 miles range, rally version available) offers 0% for 74 months plus $2,000 bonus cash in zero-emission states, succeeding a free home charger deal.

Kia's EV9 three-row SUV includes 0% for 60 months and $3,000 bonus cash through January, bolstering its strong sales.

The 2026 Subaru Solterra (quicker 0-60 than WRX STI, updated styling, faster charging, more range) is at 0% for 72 months until February 2.

Tesla extends 0% for 72 months on the Model Y Standard through January 31, amid softer demand, emphasizing its range, acceleration, software, and Supercharger network.

Volkswagen's ID.4 offers 0% for 72 months, with up to 291 miles range, high-speed charging, Supercharger compatibility, and an affordable price.

Deals sourced from OEM and dealer sites vary by market and credit; verify locally.

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Dramatic photo of Honda's Ohio EV factory with cancelled prototypes and financial loss charts amid EV market downturn.
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Honda cancels three North American EV models amid EV downturn, forecasts up to ¥690 billion FY2025 loss

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Honda Motor Co. announced on March 12, 2026, the cancellation of three electric vehicles—the Honda 0 SUV, Honda 0 sedan, and Acura RSX—planned for production at its Ohio EV Hub, due to US policy shifts, tariffs, weak demand, and Chinese competition. The company revised its fiscal 2025 outlook to a net loss of 420-690 billion yen from a prior profit estimate, warning of a ¥2.5 trillion impairment charge.

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Tesla has launched a new financing option for the Model 3 in the United States, offering 0.99% APR on loans up to 72 months. This deal applies to all configurations of the vehicle and replaces a previous 2.99% rate. The initiative seeks to enhance affordability for buyers of Tesla's second-most popular model.

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