Highest Cash Back Rebates for May 2024

Highest Cashback Offers

I recently went through all the major car manufacturer websites to find the best cash rebate deals out there for 2023 and 2024 models.

My aim was to spot the top offers for anyone looking to buy a car and save some money.

So, what car has the best rebate right now? For May 2024, it’s the 2024 Audi A8/S8, which has a rebate of up to $10,000. This was the highest cashback offer last month too.

Also Read:

Below is a current list of all new car cash rebates and incentives ranked from highest to lowest for May.
YearMakeModelCash Incentives (up to)Expiration
2024AudiA8$10,000 6/3/24
2024AudiS8$10,000 6/3/24
2024JeepGrand Cherokee 4xe$8,750 6/3/24
2024ChryslerPacifica Plug-in Hybrid$8,250 6/3/24
2024GMCSierra 1500$7,850 6/3/24
2023ChevroletSilverado 1500$7,750 6/3/24
2024AudiA6$7,500 6/3/24
2024HyundaiIoniq 5$7,500 6/3/24
2024HyundaiIoniq 6$7,500 6/3/24
2024HyundaiKona Electric$7,500 6/3/24
2023KiaNiro EV$7,500 7/8/24
2023KiaEV6$7,500 7/8/24
2024KiaEV6$7,500 7/8/24
2024LexusRZ 450e$7,500 6/3/24
2023JeepGrand Cherokee 4xe$6,750 6/3/24
2024JeepWrangler 4xe$6,750 6/3/24
2024JeepCompass$5,000 6/3/24
2024KiaNiro EV$5,000 7/8/24
2024AudiA5$4,000 6/3/24
2024AudiQ5 e$4,000 6/3/24
2024AudiS3$4,000 6/3/24
2024AudiS4$4,000 6/3/24
2024AudiS5$4,000 6/3/24
2024AudiSQ5$4,000 6/3/24
2024RAMRam Pickup 1500 Classic$4,000 6/3/24
2023BuickEnvision$3,500 6/3/24
2024JeepGrand Cherokee$3,500 6/3/24
2023DodgeChallenger$3,030 6/3/24
2024AudiQ5$3,000 6/3/24
2024RAMRam Pickup 2500$3,000 6/3/24
2024DodgeDurango$2,950 6/3/24
2023DodgeCharger$2,920 6/3/24
2023Chrysler300$2,750 6/3/24
2024AudiA4$2,500 6/3/24
2024AudiQ3$2,500 6/3/24
2024AudiQ7$2,500 6/3/24
2024AudiSQ7$2,500 6/3/24
2024ChevroletBlazer$2,500 6/3/24
2024HyundaiSanta Cruz$2,500 6/3/24
2024RAMRam Pickup 1500$2,500 6/3/24
2024GMCTerrain$2,250 6/3/24
2024AudiA3$2,000 6/3/24
2023GMCAcadia$2,000 6/3/24
2024ChevroletMalibu$2,000 6/3/24
2024HyundaiTucson$2,000 6/3/24
2024HyundaiTucson Hybrid$2,000 6/3/24
2024JeepGladiator$2,000 6/3/24
2023NissanArmada$2,000 6/3/24
2023ToyotaTundra i-Force Max$2,000 6/3/24
2024ToyotaTundra i-Force Max$2,000 6/3/24
2024BuickEnclave$1,750 6/3/24
2024HyundaiElantra$1,500 6/3/24
2024MazdaCX-90$1,500 6/3/24
2024CadillacCT4$1,250 6/3/24
2024CadillacCT5$1,250 6/3/24
2024HyundaiPalisade$1,250 6/3/24
2024CadillacXT5$1,000 6/3/24
2023FordBronco$1,000 7/8/24
2024HyundaiElantra Hybrid$1,000 6/3/24
2024HyundaiKona$1,000 6/3/24
2023LexusRZ 450e$1,000 6/3/24
2024MazdaMazda3 Hatchback$1,000 6/3/24
2024NissanKicks$1,000 6/3/24
2024NissanLeaf$1,000 6/3/24
2023ToyotaTundra$1,000 6/3/24
2024ToyotaTundra$1,000 6/3/24
2024ToyotaGrand Highlander Hybrid$1,000 6/3/24
2024BuickEncore GX$750 6/3/24
2023ChevroletTraverse$750 6/3/24
2024ChryslerPacifica$750 6/3/24
2024HyundaiSonata$750 6/3/24
2024KiaForte$750 7/8/24
2024NissanFrontier$750 6/3/24
2024CadillacXT4$500 6/3/24
2024CadillacXT6$500 6/3/24
2024ChevroletEquinox$500 6/3/24
2023ChevroletSilverado 2500$500 6/3/24
2023ChevroletSilverado 3500$500 6/3/24
2023ChevroletTrailblazer$500 6/3/24
2024ChevroletTrailblazer$500 6/3/24
2024DodgeHornet$500 6/3/24
2024KiaSoul$500 7/8/24
2024MazdaMazda3 Sedan$500 6/3/24
2024HyundaiVenue$300 6/3/24

Can I Get a Finance Deal With Cashback?

In most cases, you can only choose one deal for your purchase, either cashback or finance. But manufacturers will sometimes combine the two offers for customers, so you can get the best of both worlds.

Check out our picks for the best 0% APR deals with cashback



These offers may vary based on location, credit score, and financing terms and are not guaranteed.  So use my free service to Check Discount Car Prices to get the best prices that include current manufacturer offers and incentives.