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OEM incentives · Canada

What's actually on offer right now.

A current snapshot of manufacturer-level incentives on new vehicles sold in Canada — discounted financing, lease cash, loyalty bonuses, and EV rebates. Updated every two weeks. Verify with the dealer before relying on any specific offer; manufacturer terms can change between updates.

Last updated: May 9, 2026
How to use this page

Most manufacturer incentives are time-limited and stack with dealer-level discounts. The amounts shown are the manufacturer's national programs at the time of the snapshot. Provincial EV rebates (where applicable) are listed separately under the EV section. Always confirm with the dealer in writing before signing.

Carsmenskii is not paid by any manufacturer. Inclusion or exclusion from this page reflects what's publicly offered, not a commercial relationship. If a manufacturer is missing, it usually means there's no notable program active.

Notable this cycle

What's actually moving right now.

Cycle of May 9, 2026
01

Ram 1500 — the pickup with the deepest cash

0% financing for 60 months stacked with $7,000–10,000 in cash incentives on most trims. The most aggressive truck program in Canada this cycle. If you're cross-shopping Silverado / F-150, the Ram math is hard to beat right now.

02

Genesis G70 / G80 — luxury at sub-2% APR

1.99% financing for 60 months plus $2,500 finance cash, plus a $1,500 conquest bonus from BMW / Mercedes / Audi. The total package undercuts equivalent German lease payments by a wide margin in the same cycle.

03

Hyundai Elantra / Sonata — 0% for 48 months

0% financing for 48 months on select trims is unusual at any level above econobox. If you've been waiting for a sedan with a clean financing line, this cycle is the one to act on.

Filter
Tier · Mainstream

Mainstream brands.

Volume sellers. Incentives are typically modest but consistent — discounted financing on most models, occasional cash incentives on slow movers.

ToyotaConservative
  • Camry / Corolla / RAV4: 4.99% financing for up to 60 months on most trims.
  • Highlander Hybrid: $1,000 cash incentive + 3.99% financing.
  • GR86 / GR Corolla: No incentives. Allocation-limited; most go above MSRP.
  • Loyalty bonus: $500 for current Toyota owners trading in.
HondaConservative
  • Civic / Accord: 4.99% financing for 60 months.
  • CR-V / Pilot: 5.49% financing, $750 lease cash on Pilot.
  • Civic Type R / Integra Type S: No incentives. Markup expected at most dealers.
  • Loyalty bonus: $500 conquest from competitor brands.
MazdaMid
  • CX-5 / CX-50: 3.99% financing + $1,500 cash incentive on outgoing model years.
  • Mazda3 / MX-5: 4.49% financing.
  • CX-90: $2,000 lease cash + 4.99% financing.
  • Loyalty bonus: $500 for current Mazda owners.
HyundaiAggressive
  • Elantra / Sonata: 0% financing for 48 months on select trims.
  • Tucson / Santa Fe: 2.99% financing + $1,500–2,500 lease cash.
  • Palisade: $2,500 lease cash + $1,000 loyalty bonus.
  • Conquest cash: $1,000 from competitor SUV brands.
KiaAggressive
  • K5 / Forte: 1.99% financing for 60 months.
  • Sportage / Sorento: 3.49% financing + $2,000 lease cash.
  • Telluride: $1,500 cash incentive (uncommon — Tellurides usually move).
  • EV6 / EV9: See EV section for federal EVAP and provincial rebate stack below.
SubaruConservative
  • Forester / Outback / Crosstrek: 4.49% financing for 60 months.
  • Impreza / WRX: 5.49% financing. WRX often moves at MSRP.
  • BRZ: No incentives. Allocation-tight.
  • Loyalty bonus: Modest $500 on most models.
Tier · Luxury

Luxury brands.

German and Japanese luxury. Incentives here are mostly lease-focused, with the occasional finance promotion on slow-moving inventory. Performance models almost never have incentives.

BMWLease-heavy
  • 3 Series / 5 Series: 3.99% lease, $2,000 lease cash on outgoing model years.
  • X3 / X5: 4.49% lease, $1,500–3,000 lease cash depending on trim.
  • i4 / iX: See EV section for federal EVAP and provincial rebate stack.
  • M-cars: No incentives. Allocation-limited; M2 and M3 often see modest dealer markups.
  • Loyalty bonus: $1,000 for current BMW owners (sometimes bundled into lease).
Mercedes-BenzLease-heavy
  • C-Class / E-Class: 3.99% lease, $2,500–4,000 lease cash on the C300 and E350.
  • GLC / GLE: 4.49% lease, $2,000 lease cash on the GLC300.
  • EQE / EQS: See EV section for federal EVAP and provincial rebate stack.
  • AMG models: No incentives.
  • Loyalty bonus: $1,000 for current Mercedes owners.
AudiMid
  • A4 / A5: 3.49% finance, $1,500 lease cash.
  • Q5 / Q7: 4.49% lease + $2,000–3,000 lease cash.
  • e-tron GT / Q8 e-tron: See EV section for federal EVAP and provincial rebate stack.
  • RS models: No incentives.
LexusConservative
  • ES / IS: 3.99% financing + $1,000 lease cash on select trims.
  • RX / NX: 4.49% financing, modest lease cash.
  • LX / GX: No incentives. Demand outpaces supply on the GX 550.
  • F Sport / F: No incentives.
  • Loyalty bonus: $500–1,000 for current Lexus owners.
GenesisAggressive
  • G70 / G80: 1.99% financing for 60 months + $2,500 finance cash.
  • GV70 / GV80: 3.99% finance + $2,000 lease cash.
  • Conquest cash: $1,500 from BMW / Mercedes / Audi owners.
  • Genesis Service Valet (free pickup and delivery for service) included on most trims.
VolvoMid
  • S60 / V60: 3.99% lease + $2,000 lease cash on outgoing.
  • XC60 / XC90: 4.49% lease + $1,500–2,500 lease cash.
  • EX30 / EX90: See EV section for federal EVAP and provincial rebate stack.
  • Loyalty bonus: $1,000 for current Volvo owners.
AcuraMid
  • TLX / Integra: 2.99% financing + $1,500 cash on select trims.
  • RDX / MDX: 3.99% financing + $1,500–2,500 lease cash.
  • Integra Type S: No incentives. Allocation-tight.
  • Loyalty bonus: $500 for current Acura/Honda owners.
PorscheNone
  • No manufacturer-level incentives, by design. Porsche pricing is "MSRP plus options," and dealer-level negotiation is typically 0–5% on standard models, 0% on GT cars and 911 derivatives.
  • The negotiation lever on Porsche is order timing — late in a model year, on standard Cayman / Macan / Panamera trims, dealers may discount to clear allocation. On GT cars, never.
Tier · EVs & rebates

Electric vehicles + rebates.

EV manufacturer incentives stack with federal and provincial rebates. The total can move a $55,000 EV down to ~$45,000 net for a Quebec or BC buyer. Always check the rebate program eligibility for the specific trim — some programs cap by base MSRP.

Federal & provincial rebatesVerify each before relying
  • Federal — Electric Vehicle Affordability Program (EVAP): The federal government's current EV purchase rebate. EVAP applies to eligible new battery-electric, plug-in hybrid, and hydrogen fuel-cell vehicles purchased or leased from registered vendors. Confirm current rebate amount, eligible vehicles, and application process at the official program pagetc.canada.ca/en/...electric-vehicle-affordability-program. Eligibility caps by base MSRP; verify your specific trim is on the list before relying on it.
  • Federal — ZEVIP (charging infrastructure): Stacks on top of EVAP. Rebates for installing Level 2 home or workplace charging through Natural Resources Canada. Useful if you're buying an EV and don't yet have charging at home — typically $700–1,500 toward charger + installation. Verify at natural-resources.canada.ca.
  • British Columbia — CleanBC Go Electric: Up to $4,000, income-tested (full rebate at household income under ~$80k, scaled to zero above ~$100k). Verify at goelectricbc.gov.bc.ca.
  • New Brunswick: Plug-In NB rebate program. PEI: Provincial EV rebate program. Newfoundland: Provincial EV rebate program. Verify current eligibility and rebate amounts at each provincial site.
  • Ontario / Alberta / Saskatchewan / Manitoba / Quebec / Territories: No provincial EV purchase rebate active.
  • The honest take: Canadian EV-rebate programs change quickly. EVAP is the current federal vehicle rebate; ZEVIP handles the charger side. Always confirm both at the official program pages before signing — eligibility caps and rebate amounts can shift without much warning.
TeslaDirect
  • Model 3 / Y: Eligible for federal EVAP rebate (verify current amount + eligibility on Tesla trims). Inventory cars sometimes have $1,000–3,000 manufacturer discounts.
  • Model S / X: Above the federal EVAP base-MSRP cap (verify current threshold), no federal rebate.
  • Cybertruck: Above the federal EVAP base-MSRP cap (verify current threshold), no incentives.
  • Tesla doesn't run lease incentives the same way other OEMs do — pricing is set, with periodic adjustments.
Hyundai / Kia EVAggressive
  • Ioniq 5 / Ioniq 6: 1.99% financing + eligible for federal EVAP (verify amount). Often the best total incentive package on a CUV-shape EV.
  • Kia EV6 / EV9: 2.99% financing + lease cash + eligible for federal EVAP (verify amount).
  • Conquest cash: $1,000–2,500 from competitor EV brands.
BMW EVLease-heavy
  • i4: 3.99% lease + $3,000 lease cash. Some trims eligible for federal EVAP (verify amount).
  • iX: 4.49% lease + $4,000 lease cash. Above the federal EVAP base-MSRP cap (verify current threshold).
  • i5 / i7: 4.99% lease + $3,500–5,000 lease cash. Above the federal EVAP base-MSRP cap (verify current threshold).
PolestarMid
  • Polestar 2: 2.99% finance + $2,000 cash. Often eligible for federal EVAP (verify amount).
  • Polestar 3 / 4: 3.99% finance + $2,500 cash. Above the federal EVAP base-MSRP cap (verify current threshold) on most trims.
Mercedes EQ / Audi e-tron / Volvo EXLease-heavy
  • EQE / EQS: 3.99% lease + $3,000–5,000 lease cash. Above the federal EVAP base-MSRP cap (verify current threshold).
  • Audi Q4 e-tron / Q8 e-tron: 3.99% lease + $2,500 lease cash. Q4 sometimes eligible for federal EVAP (verify amount).
  • Volvo EX30: Often eligible for federal EVAP (verify amount). 2.99% finance.
  • Volvo EX90: Above the federal EVAP base-MSRP cap (verify current threshold). 4.99% lease + $3,000 cash.
Tier · Trucks & SUVs

Trucks and large SUVs.

The most aggressive incentive category in 2026. North American truck inventory has normalised, and OEMs are using cash and financing incentives to move stock. Negotiation room is real here.

FordAggressive
  • F-150: 1.99% financing + $4,000–6,000 cash on XLT and Lariat trims.
  • F-150 Lightning: $5,000 cash incentive + eligible for federal EVAP (verify trim eligibility + current amount).
  • Bronco / Bronco Sport: 4.99% financing + $1,500 cash.
  • Mustang GT / Dark Horse: No incentives. Allocation-fine.
  • Loyalty bonus: $1,000 for current Ford truck owners.
GM (Chevy / GMC)Aggressive
  • Silverado / Sierra: 0.99% financing + $5,000–8,000 cash on most trims.
  • Tahoe / Yukon / Suburban: 2.99% financing + $3,000–5,000 cash.
  • Corvette: No incentives. Allocation-tight on Z06 and ZR1.
  • Cadillac Escalade: 4.99% financing + $5,000 cash on outgoing model years.
  • EV (Equinox EV / Blazer EV / Lyriq): Often eligible for federal EVAP (verify amount) on lower trims, plus $2,500–5,000 manufacturer cash.
Stellantis (Ram / Jeep / Dodge)Most aggressive
  • Ram 1500: 0% financing for 60 months + $7,000–10,000 cash on most trims. The deepest truck incentives in Canada most weeks.
  • Jeep Wrangler / Gladiator: 3.99% financing + $3,000–5,000 cash.
  • Jeep Grand Cherokee / Grand Wagoneer: 2.99% financing + $4,000–6,000 cash.
  • Dodge Charger / Challenger Last Call editions: No incentives. Becoming collector items.
Toyota / Nissan trucksConservative
  • Toyota Tacoma / Tundra: 4.99% financing. Modest $1,000 cash on slow trims.
  • Toyota Land Cruiser (returning): No incentives. Markup expected.
  • Nissan Frontier / Titan: 3.99% financing + $2,500 cash on outgoing model years.
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The matchmaking service stacks every incentive on top of the negotiation.

Most buyers know about the headline incentive and miss the loyalty cash, the conquest bonus, the dealer-side spiff, and the trade-in tax saving. The matchmaking service stacks all of them. On a $60,000 SUV, the gap between "good deal" and "best deal" is usually $2,500–5,000.

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