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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: July 2, 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 July 2, 2026
01

Hyundai IONIQ 6 Ultimate — up to $21,000 off, stacked (still running in July)

The most aggressive EV money in Canada, and it's carried into July. Up to $16,000 Hyundai Special Offer Bonus on the IONIQ 6 Ultimate package, stacked with the federal EVAP rebate ($5,000 on eligible BEVs). Provincial rebates (Quebec, MB, NB, PEI, NL, BC) stack on top. The Ultimate is the only trim getting the full $16K — lesser trims see smaller bonuses, so verify the cap with the dealer before signing.

02

Ram 1500 Big Horn Crew Cab 4x4 — 0% for 72 months, extended through July 31

The Ram 0% promo was extended again for July. 0% financing for up to 72 months on new and previously unregistered 2026 Ram 1500 Big Horn Crew Cab 4x4 models, at participating retailers until July 31, 2026. Consumer Cash varies trim-to-trim — confirm the current stack at the dealer. Cross-shop F-150 and Silverado; the financing is the lever here, not the cash.

03

Ford F-150 (2026) — 0.99% for 84 months on select trims

Ford Canada dropped finance rates hard for the summer sell-off. 0.99% for up to 84 months on select 2026 F-150 trims — the cheapest Ford truck money in years. Stack with the Ford Credit special programs (Newcomer, Graduate, First-Time Buyer) where you qualify. Time-limited; some regional offers expire in the first week of July, so if this is on your list, run the numbers this week.

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
  • RAV4 Hybrid (2026, now hybrid-only): 4.99% APR for 60 months, or 5.99% for 72.
  • Camry / Corolla: 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.
HondaMid
  • CR-V: 2.99% APR for 24–36 months, 3.99% APR for 37–60 months. HFS bonus on LX trims financed through Honda Financial Services (amount and cutoff refresh monthly — confirm current stack).
  • Civic / Accord: 4.99% financing for 60 months.
  • Pilot / Passport: 5.49% financing, $750 lease cash on Pilot.
  • Civic Type R / Integra Type S: No incentives. Markup expected at most dealers.
  • Loyalty bonus: $750 for current Honda owners (Quebec dealers offering up to $1,500).
MazdaMid
  • CX-90 MHEV / PHEV: CX-90 MHEV GS leases at 2.99% APR; ongoing Event Bonus Cash on select 2026 trims (confirm current cycle at the dealer — Mazda refreshes these monthly).
  • CX-5: 3.99% lease APR + $1,500 cash incentive on outgoing model years.
  • CX-50: 3.99% lease + modest cash on slow trims.
  • Mazda3 / MX-5: 4.49% financing.
  • Loyalty bonus: $500 for current Mazda owners.
HyundaiAggressive
  • IONIQ 6 Ultimate: Up to $16,000 Hyundai Special Offer Bonus, stacked with $5,000 EVAP (eligible) + provincial. See EV section for full stack.
  • 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
  • X3 30 xDrive (2026): Lease from 2.49% APR for 48 months, plus stackable 1% loyalty rate reduction and 0.5% Protect and Save rate reduction (when paired with two eligible BMW Financial Services protection products). 3 yrs / 60,000 km scheduled maintenance included.
  • 3 Series / 5 Series: Standard BMW Financial lease programs; watch for lease-cash bumps on outgoing model years.
  • X5 / X7: 4.49% lease + $1,500–3,000 lease cash depending on trim.
  • i4 / iX: See EV section. Stack with the Electric Owners Credit (up to $2,000) if you currently lease/own a competitor EV.
  • M-cars: No incentives. Allocation-limited; M2 and M3 often see modest dealer markups.
  • Loyalty bonus: Loyalty rate reduction or purchase credit for current BMW owners through BMW Financial Services.
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. Re-launched February 16, 2026. In 2026: up to $5,000 for eligible battery-electric vehicles (BEVs), up to $2,500 for plug-in hybrids (PHEVs). Applies to transactions with a final value of $50,000 or less — that's the all-in transaction price, not base MSRP. EVs assembled in Canada have no transaction-value cap. Program runs through March 31, 2031, subject to funding availability ($2.275B total; ~34,600 claims and ~$148M paid out as of late-May 2026). Rebate amounts step down over time — 2026 is the peak. Some early dealer claims have been denied for paperwork errors with no formal appeal — verify your specific trim is on the eligible-vehicle list at tc.canada.ca/en/...electric-vehicle-affordability-program before signing.
  • 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.
  • Quebec — Roulez vert: Up to $2,000 for new BEVs with MSRP under $65,000. PHEVs with batteries ≥ 15 kWh: $1,000. PHEVs 8–15 kWh: $500. Used EVs: $1,000. Home charger install: $600. Current amounts apply only to vehicles registered before December 31, 2026; criteria change and amounts decrease January 1, 2027. If you're shopping Quebec, registration date — not order date — is what locks the 2026 rebate. Verify at quebec.ca/...financial-assistance-electric-vehicle.
  • 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 / 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. Quebec's Roulez vert sunsets December 2026. Always confirm 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 EVMost aggressive
  • Hyundai IONIQ 6 Ultimate: Up to $16,000 Hyundai Special Offer Bonus, stacked with $5,000 EVAP (eligible trims) + provincial. Lesser IONIQ 6 trims see smaller bonuses — confirm cap with dealer.
  • Hyundai IONIQ 5 / KONA Electric: Strong Hyundai Special Offer Bonus, stacked with EVAP + provincial. Often the best total package on a CUV-shape EV.
  • Hyundai IONIQ 9: Large flagship 3-row BEV; price typically sits above the $50K EVAP cap unless built in Canada — verify EVAP eligibility on the trim.
  • Kia EV6 / EV9 / Niro EV: 2.99% financing + lease cash + eligible for federal EVAP on trims within the $50K cap. EV9 base may qualify; loaded trims sit above.
  • 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 (2026): 0.99% financing for up to 84 months on select trims (cheapest Ford truck money in years); 2.99% lease on most trims; up to $1,750 in savings at participating dealers. Stack with Ford Credit special programs (Newcomer, Graduate, First-Time Buyer).
  • 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 1500 (2026): 0% APR for up to 60 months on well-qualified buyers through GM Financial, plus a summer perk: no monthly payments until after Labor Day on eligible finance contracts. $1,000 Truck Trade-in Bonus still stacks on select trims.
  • Sierra 1500: Comparable 0%-tier financing + cash, but stack varies trim-to-trim — confirm specifics at the dealer.
  • 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)Big-cash on trucks
  • Ram 1500 Big Horn Crew Cab 4x4 (2026): 0% financing for up to 72 months at participating retailers, extended through July 31, 2026. Consumer Cash varies trim-to-trim — confirm the current stack in writing. The cleanest 0% truck deal in Canada this cycle.
  • Ram 1500 (other trims, 2025 model year): 4.99% financing for 96 months on previously unregistered 2025 models. Outgoing-MY clearance; deal varies by inventory.
  • Jeep Wrangler / Gladiator, Grand Cherokee / Grand Wagoneer: Cash and financing programs vary trim-to-trim and month-to-month. Confirm current incentive at the dealer in writing — Stellantis runs the most cycle-volatile programs in Canada.
  • 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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