If you have been planning to buy a new Chevrolet, you must have come across the offer of Chevy o% financing for 72 months. It is a financing deal that sounds like every car buyer’s dream. You get six years of car ownership with no interest. What else can you ask for?
However, before you go all in and grab this deal, have you given it a thought to whether it is actually the best car buying deal for you or just some clever marketing?
To help you deduce the conclusion, MotorCraz brings this comprehensive buying guide. Here, we will walk you through everything you need to know before signing off on the deal, including the meaning behind Chevy 0 percent financing, the pros and cons you can come across, and even compare other viable options.
Let’s dive in.
What Is 0% APR Financing?
The 0% APR financing means that you are borrowing money to purchase a vehicle without paying any interest over the loan term. In simpler words, there are no added costs for borrowing.
If you have never taken a car loan before, you must know that the interest can add thousands of dollars over the life of the loan. However, with a 0% APR, every payment you make goes directly toward the price of your vehicle.
0% APR is nothing more than an incentive that automakers and car dealerships use to drive sales on specific models, often during inventory clearance or promotional periods. Also, 0% APR is not available to everyone. You generally need a credit score of over 700, a stable income, and a good debt-to-income ratio.
How Chevy 0% Financing for 72 Months Works
The Chevy’s 0% financing for 72 months lets you pay off your new vehicle over six years without any interest. This means you have no finance charges. You just have to pay off the sticker price of the car divided into 72 equal and affordable payments.
Like all the other top automakers in the U.S., Chevrolet often runs this promotion through GM Financial. This 0% financing for 72 months typically applies to selected Chevy models like Silverado, Equinox, or Traverse, depending on the season and the inventory.
While these deals are attractive and pocket-friendly, they are usually:
- Only for well-qualified buyers
- Offered on new vehicles only
- Available for a limited time
For example, currently, Chevrolet is offering 0% APR for 72 months on select 2025 Silverado 1500 Crew Cab with TurboMax Engine. However, to get this deal and rate, buyers have to finance through GM Financial, meet specific credit requirements, and be a current owner of a 2011 or newer or lessee or 2020 or new Chevrolet vehicle.
Pros of Choosing Chevy 0% Financing for 72 Months
Chevy’s 0% financing for 72 months is a standout offer that can make owning a new vehicle more affordable and financially strategic for you. While the biggest advantage is no interest for the life of the loan, there are several layers of benefits that make this deal appealing to a variety of buyers.
Massive Interest Savings
The most compelling reason to consider 0% financing is that it has the potential to save you thousands of dollars in interest. For example, a typical auto loan at 6% over 72 months on a $40,000 car would result in over $7,700 in interest. This is the money that you will never see again. However, with Chevy’s 0% financing for 72 months offer, every dollar you pay goes directly toward the principal, allowing you to pay off the vehicle faster and with zero added cost.
Lower Payments Compared To Shorter Loans
By stretching your car loan over 72 months, Chevrolet allows you to spread out your payments, reducing monthly strain on your budget. For instance, instead of paying $833/month on a 48-month loan for a $40,000 car (at 0%), you’d pay approximately $555/month over 72 months. This can be a game-changer for buyers working within a monthly budget, freeing up cash flow for other financial needs or goals. This deal keeps your expenses manageable.
Transparent and Predictable Payments
With 0% APR, the math is refreshingly simple. $40,000 divided by 72 months equals $555.55/month. There are no surprises, no compounding interest, and no complex reduction schedules to worry about. What you see is exactly what you pay. It offers peace of mind, especially for first-time buyers or those who are cautious of hidden costs.
Long-Term Value for Stick-Around Owners
If you are the type of driver who loves to keep their car for the long haul, say around 7 to 10 years, this financing plan aligns perfectly with what you are seeking. By the time you have paid off your loan in six years, you could still have several more years of reliable driving ahead of you. The best part is that it will be without monthly payment, making your final few years of ownership pure savings. It will only boost the total return on your investment.
Ideal for Creditworthy Buyers
Generally, this kind of car financing offer is reserved for buyers with strong credit profiles. In other words, Chevrolet is rewarding you for being financially responsible. If you qualify, you’re effectively borrowing money for free, which is rare in current times, where car prices keep rising. It is one of the smartest ways to save money while paying out for a purchase.
Enhanced Affordability Without Compromise
One of the most common dilemmas faced by car buyers is whether they should purchase a base model they can afford now or stretch their budget for a higher trim or more features. Chevy’s 0% financing deal, with its lower monthly payments and no interest, makes it possible for you to opt for a better-equipped model without breaking the bank.
Hidden Downsides & Risks of Chevy 0% Financing for 72 Months
The biggest downside to Chevy’s 0% financing for 72 months is that you may give up better incentives or end up underwater on your loan. While it can be a smart financial move in the right circumstances, it is not a one-size-fits-all solution. Beneath that attractive zero interest, there are potential trade-offs, limitations, and long-term risks that every buyer should consider carefully before finalizing the deal.
Choose Between 0% APR and a Cash Rebate
One of the most overlooked aspects of Chevy’s 0% financing deals is that they often replace cash-back offers or dealer incentives. For instance, you might be given the choice between 0% APR or a $2,500 cash rebate.
While 0% APR seems like the better deal on paper, it does not always work in your favor, especially if you are taking a shorter loan or have access to low interest elsewhere.
For example, choosing a $2,500 rebate and a 5% APR loan could actually cost you less over time than a 0% APR deal without the rebate, particularly if you plan to pay the loan off early.
Higher Risk of Being Underwater on Your Loan
With a 72-month term, you build equity in your vehicle more slowly. Meanwhile, vehicles depreciate quickly, especially in the first two to three years. This mismatch can put you in a situation where you owe more than the car is worth, also known as upside down or underwater on your loan.
This becomes a huge problem if you need to sell or trade in your vehicle early, your car is totaled in an accident and the insurance only pays the current market value of the car, or you are looking to refinance or upgrade before the loan is fully paid.
In all of these scenarios, you could be left paying the difference out of pocket. This is something most car buyers often don’t realize until it’s too late.
Not Everyone Will Qualify
The Chevy 0% financing for 72 months deals are generally reserved for customers with excellent credit. Buyers with a FICO score of 700 or higher with a clean payment history and low debt-to-income ratios are the ideal ones.
According to Q1 2025 data from Experian Automotive, only 12% of auto loan borrowers qualified for 0% APR offers. And most fell into the prime (661–780) or super-prime (781+) categories.
If your credit profile includes late payments, high balances, or a thin history, you’re likely to be offered a standard APR by Chevy instead or simply denied financing altogether.
And even if you do get approved, the terms that you will get offered might include stricter requirements of higher down payments.
Limited Vehicle Selection
Another thing you need to understand is that Chevy offers 0% financing for specific models only, mainly the ones that are overstocked, near the end of their model year, and less popular trims or colors.
This means you might have to compromise on your desired features, drivetrain, or configuration. If you have your heart set on a high-demand model, like a newly redesigned Silverado or a fully loaded Traverse, you may find that it’s excluded from the promotion. And if you do qualify, it might be for a version you wouldn’t have picked otherwise.
Longer Loan Commitment
A six-year loan may sound manageable in monthly terms, but it is a long financial commitment. There are chances that your personal or financial circumstances might change over time. Switching jobs, new family needs, or simply a desire to switch vehicles can all leave you stuck with a loan that outlasts your preference for the car.
Also, longer loans tend to delay your path to ownership. That means you’re paying (and possibly insuring) a depreciating asset for years before you truly own it.
When to Consider Chevy 0% Financing for 72 Months?
Chevy 0% financing for 72 months is ideal for buyers with excellent credit who plan to keep their vehicle for the long haul. It offers long-term savings, but only if your financial profile fits the offer. If you suit this profile, this offer might deliver unmatched value to your car purchase.
To help you understand better, here’s a breakdown of when you are most likely to benefit from this long-term financing option.
You Have Strong Credit (700+ FICO Score)
Most 0% APR offers, whether from Chevrolet or any other car brand, require a credit score in the prime to super-prime range, typically 700 and above. If your score is high and your income is stable, you’re in the best position to qualify.
Also, if your score is around 680 to 699, you should check with the dealership. Some may still approve you with a slightly higher income or a co-signer.
You Plan to Keep the Vehicle Long-Term
If you’re planning to own your newly bought Chevrolet for about 6 to 10 years, this interest-free financing can become a huge benefit. You’ll get the most out of the vehicle’s lifespan without the burden of interest charges.
You Prefer Predictable Monthly Payments
Chevy’s 0% for 72 months locks in a consistent monthly payment, often under $600/month, depending on the model and price. This predictability is a big win for people with tight or structured budgets.
You’re Not Interested in Leasing or Rebates
This financing offer usually excludes other discounts or rebates you can possibly get. If you’re more interested in long-term ownership than a short-term lease or cash back, 0% APR can offer better value over time.
You Don’t Plan to Trade In Soon
The 72 month term is ideal for you if you are someone who does not flip vehicles every 2 to 3 years. Negative equity tends to build fast with long loans, so you’ll want to stick with your Chevy for a while.
Also Read: Best SUVs Without CVT For Drivers Who Prefer Traditional Transmissions
When to Avoid Chevy 0% Financing for 72 Months?
You should avoid Chevy offering 0 percent financing for 72 months if you don’t have excellent credit, plan to trade in your vehicle early or qualify for better overall savings through rebates. The no interest deal sounds impressive, but sadly, it is not for everyone.
You might want to skip this offer if:
You Have a Lower Credit Score (Below 680)
Most buyers with fair or poor credit won’t qualify for 0% APR promotions. Even if you get somehow approved, you might be offered a higher rate or a different financing package entirely.
According to Experian’s State of the Automotive Finance Market, the average credit score needed for promotional rates like 0% APR is around 740.
You Want the Biggest Upfront Discount
Generally, you can not combine 0% financing with other offers like cash rebates or dealer discounts. This means someone paying cash or financing at a regular interest for the same vehicle might walk away with $2,000 to $5,000 in rebates that you will miss out on with the 0% APR.
You Might Sell or Trade Within 2-3 Years
If you are someone who gets bored with their vehicle pretty easily and tends to switch to a new one every two to three years, opting for zero percent financing could make you end up with negative equity. It means you would end up owning more than the car’s current value. Avoid it if you are sure you won’t be keeping your purchase for a long time.
You’re Financing a Lower-Priced Vehicle
Not many people want to hear it, but the benefit of 0% interest grows with higher loan amounts. If you take this deal on a $20,000 loan, you will save far less in interest compared to if you take it on a $45,000+ car financing loan. Thus, for smaller loans, a rebate or short-term deal may be a much smarter choice.
You Struggle With Long-Term Commitment
Committing to six years of car payments will require financial consistency. Whether it is $20,000 or $40,000, you need to ensure you can always make the monthly payments without any delay. Thus, if you anticipate job changes, moves, or other life shifts in the next few years, committing yourself to such a long-period loan may not be wise.
Also Read: When Do 2026 Cars Come Out? Release Dates, Prices, and Model Previews
Chevy 0% Financing vs. Leasing or Rebates
Chevy 0% financing for 72 months is a solid choice for long-term buyers, but it’s not always the best deal for everyone. Depending on your credit score, budget, and driving habits, a lease or cash rebate might make more financial sense.
Chevy 0% Financing for 72 Months
This offer is best suited for car buyers with excellent credit scores who plan to own their vehicle for many years. With no interest charged across six years, your payments go directly toward the principal balance. You will waste no money on finance charges.
If you’re buying a higher-end Chevy like the Silverado, Tahoe, or Traverse, this can save you thousands over a standard loan. It’s a great long-term car ownership strategy if you want to be well aware of monthly payments and intend to drive your vehicle until it’s paid off and even some more years after that.
Leasing a Chevy
Leasing is the best option for drivers who like to upgrade their cars frequently or need lower monthly payments without a big commitment. With a lease, you are paying to use the vehicle for 24 to 36 months, with a monthly cost much lower compared to if you finance it.
While this all may sound fancy and free, you will not build any ownership equity. Also, you will be subject to car lease agreements with a stipulation that you must pay a penalty if you break the rules related to mileage, maintenance, etc.
Leasing is convenient and cost-effective when compared to buying. However, repeated leasing can become more expensive over time.
Taking a Cash Rebate
If you don’t qualify for 0% APR or simply want a substantial discount upfront, taking a cash rebate might be the smarter move for you. Many Chevy models come with rebates ranging from $1,500 to $6,000, depending on your location and the time of year you choose to buy the car.
Sometimes, you can even combine this with traditional low-interest financing (like 3.9% or 4.9% APR), which means your monthly payments stay manageable. Also, your total cost might be even lower than 0% APR on the full price.
This strategy works particularly well for buyers with decent but not perfect credit or those who want to reduce their loan amount from the initial day of the loan term.
| Option | Best For | Key Benefit |
| 0% Financing for 72 Months | Long-term owners with excellent credit | 0 interest over 6 years Major savings |
| Leasing | Short-term drivers or frequent upgraders | Lower monthly payments Newer car to drive more often |
| Cash Rebate+Traditional Loan | Buyers wanting upfront savings | Low vehicle price Works with decent credit |
How to Qualify for Chevy 0% Financing for 72 Months?
To qualify for Chevy 0% financing for 72 months, you typically need a strong credit score (usually 700 or higher), a stable income, and financing through GM Financial. Automakers reserve these promotional offers for low-risk borrowers, so approval is quite competitive.
Here is a breakdown of exactly what you need and how you can improve your chances for approval.
Have a 700+ Credit Score
Chevy’s 0% financing offers are generally targeted at buyers with credit scores above 700 (prime) or even 740+ (super-prime). According to Experian’s Q1 2025 Auto Finance Report, only about 38% of U.S. borrowers fall into this top tier.
To know where you stand, you can check your credit score for free through services like Credit Karma or your bank’s mobile app. We recommend looking for inaccuracies or outdated items that can be corrected quickly.
Finance Through GM Financial
To access promotional rates like 0% APR, Chevy requires that you finance directly through their captive lender, GM Financial. Even if your credit qualifies, going through a third-party bank or credit union usually means you’ll miss out on these offers.
Meet Income and Employment Requirements
The lenders want to know that you can handle the payments for 72 months. To prove this, you will need:
- Proof of income (pay stubs, tax returns, or bank statements).
- Stable employment history (at least 6–12 months with current employer).
- A manageable debt-to-income (DTI) ratio, ideally below 40%.
Many auto dealers consider a car payment affordable if it’s less than 15% of your monthly income. So, do not forget to check into that.
Make a Reasonable Down Payment
Generally, 0% deals are advertised as $0 down. However, if you provide a significant down payment, it can increase your chances of approval, reduce the total amount you want to finance, and even lower your monthly payments.
A 10% to 15% down payment can also help offset potential depreciation, especially on longer-term loans.
Avoid Red Flags on Your Credit Report
Recent late payments, collections, or bankruptcies are usually deal-breakers for 0% car financing offers. So, make sure your credit report does not include:
- Recent missed payments (last 6–12 months).
- High credit card utilization (try to stay below 30%).
- Multiple hard inquiries in a short period.
How To Improve Your Chances?
If you are not quite there yet but want to increase your chances of being approved for Chevy’s latest 0% financing for 6 years, you can start with the following:
- Pay down your credit card debt to improve your utilization ratio.
- Dispute errors on your credit report via Experian, Equifax, or TransUnion.
- Avoid applying for other loans or credit cards right before your car application.
- Ask the dealer if they offer tiered rates (e.g., 1.9% or 2.9%) for near-prime scores.
Frequently Asked Questions
Can I negotiate 0% APR financing?
Yes, you can. Even on a 0% deal, there is always room for you to ask for flexibility on price, extras, or trade-in value. We do not recommend accepting the first offer you get offered by the dealership.
Does Chevy offer 0 percent financing in 2025?
Yes, as of mid-2025, Chevy continues to offer 0% financing for 72 months on select models through GM Financial. However, the deals may vary based on region, inventory levels, and promotional periods. We recommend checking with your local dealership or Chevrolet’s official website for current offers.
Can I combine 0% APR with other Chevy discounts or rebates?
Not exactly. Mostly, you have to choose between 0% APR or a cash rebate. All these are promotional incentives; thus, car dealers never stack them. However, there are chances you can combine a 0% financing with loyalty bonuses or dealer-specific incentives. But to be sure, you must ask your car dealer.
Is Chevy 0% financing available for used cars?
No, Chevy 0% financing for 72 months is only available on selected trims of the newly released model lineups. For used or certified pre owned cars, the financing options come with higher interest rates or shorter loan terms.
How long is the Chevy 0% for 72 months offer available?
This offer is mostly a limited-time promotion and is often available during seasonal sales events or inventory cleaning cycles. While Chevrolet frequently renews them, the specific terms and models can change from month to month. It is wise to have a direct conversation with your dealership to stay updated on the availability.
Final Thoughts
Chevy offers 0% financing for 72 months, making it the best car buying deal. However, you can only take advantage of it if you have excellent credit and plan to keep your ride for years to come.
If you’re a qualified buyer and you’re eyeing a mid-to-high-value Chevy car, this financing deal can easily save you thousands over the loan term. However, if you are eyeing the biggest discount upfront with the thought of changing the ride in the next 2 to 3 years or simply do not have eligible credit, a cash rebate or leasing might be a better fit.
MotorCraz recommends opting for the deal that fits your lifestyle, budget, and future plans. Start by comparing your local incentives. Do not hesitate to ask your dealership to lay out every option side by side before you make a final decision.
