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Memorial Day Car Deals [2020 Edition]

Memorial Day Car Dealership

Memorial Day Car DealershipIf you’ve been thinking about buying a new car, Memorial Day weekend might be a good time to do it.

The car industry is reeling from the financial repercussions of the Coronavirus.  No one has left their homes and dealerships are empty.  Dealers are slashing prices and manufacturers are offering special COVID-19 financing programs.  And many dealerships will let you handle everything online.  They'll even send a salesman to your house (with gloves and mask) so that you can test drive from home.

Auto manufacturers are also showcasing great deals on their 2020 models.  As dealerships try to clear out their current inventory for the summer, you can find zero % APR finance deals, big cash back incentives, and great lease deals during the long holiday weekend.

Memorial Day weekend kicks off a summer car-selling season with deals on many of today’s popular models.

Top 10 Memorial Day Car Deals

After reviewing deals from all manufacturers, models, and body styles, here are my picks for the top 10 deals this May.

Why is Memorial Day a Good Time to Buy a Car?

Why is Memorial Day Weekend a Good Time to Buy a CarHoliday weekends are often one of the best times of year to buy a car.  Salesmen typically offer their best car deals over Memorial Day weekend for several reasons:

  1. Gas Prices start increasing towards summer and the demand for gas guzzling SUV’s and all-wheel drive vehicles is down.
  2. Dealers know that car shoppers that have been hibernating over the winter are heading outside to take advantage of the Spring weather to look for deals.
  3. Three day weekends mean people have an extra day to shop.  So dealerships will ramp up their sales efforts with “events” and other promotions
  4. Some dealerships will offer a bonus to the salesman who makes the most sales over a long weekend.
  5. And most importantly, towards the end of every month car salesmen are trying to hit their monthly bonus targets and are more willing to make a deal on a single car to earn a big bonus check.

Tip: To truly get a good deal, you’ll want to get prices from several dealerships. (click the orange button above and Get Prices).

When do Memorial Day Car Sales start?

Memorial Day Weekend runs Saturday May 23rd through Monday May 25th 2020 (with Monday being the official holiday). While dealership sales events start Saturday and run through Monday, most published Memorial Day offers are good for the entire month of May.  However, salesmen will be most willing to negotiate during the weekend itself to meet their holiday quotas.

Best Memorial Day Car Lease Deals

Best Memorial Day lease dealsWith Memorial Day approaching, there are some great leasing offers available with low monthly payments on many popular models. Some of the advantages of leasing a vehicle rather than buying are lower upfront costs and the ability to drive a new vehicle every two or three years. In order to determine if a lease deal is a good value or not, there are many factors to consider like the down payment (with taxes and fees) and the residual value of the vehicle, which contributes to the monthly cost. Below are some of the best lease deals on sedans and SUVs available right now.

YearMakeModelLease OffersExpiration
2020KiaSportage$199/month for 36 months, $3,329 due at signing6/1/20
2020NissanArmada$671/month for 36 months, $671 due at signing5/31/20
2020HondaCivic$240/month for 35 months, $0 due at signing6/1/20
2020ToyotaCorolla$149/month for 36 months, $2,999 due at signing6/1/20
2020LexusIS$349/month for 36 months, $3,999 due at signing6/1/20
2020SubaruImpreza$249/month for 36 months, $0 due at signing6/1/20
2020VolkswagenJetta$149/month for 39 months, $3,499 due at signing6/1/20
2020FordEcoSport$199/month for 36 months, $2,499 due at signing6/1/20
2020AcuraILX$239/month for 36 months, $2,799 due at signing6/1/20
2020HyundaiVeloster$139/month for 36 months, $3,722 due at signing6/1/20

Also Read: Best 0% APR Deals This Month

Full List of All Memorial Day Car Deals

We've reviewed all manufacturer incentives and highlighted today's best Memorial Day car deals for each car brand below.  You can see additional incentives by clicking the link below each car brand.

To truly get a good deal, you’ll want to get prices from several dealerships (Tip: pick a make and model car and click the orange button above to get prices) Mitsubishi Outlander Sport DealsSeveral dealers will email you with competitive prices along with their contact information so you can negotiate.

YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2020AcuraILX0.90%$239/month for 36 months, $2,799 due at signing7/6/2020
2020AcuraMDX0.90%$419/month for 36 months, $2,999 due at signing7/6/2020
View All Acura Incentives
View All Audi Incentives
2020BMW3-Series0.90%$419/month for 36 months, $3,999 due at signing6/30/2020
2020BMW5-Series0.90%$509/month for 36 months, $4,999 due at signing6/30/2020
2020BMWX30.90%$439/month for 36 months, $3,999 due at signing6/30/2020
View All BMW Incentives
2020BuickEnclave$5,000 0.00%$385/month for 39 months, $0 due at signing6/30/2020
2020BuickEncore GX$1,500 $179/month for 24 months, $3,329 due at signing6/30/2020
View All Buick Incentives
2020GMCCanyon$3,250 0.00%$406/month for 39 months, $0 due at signing6/30/2020
2020GMCSierra 1500$6,000 0.00%$329/month for 36 months, $3,879 due at signing6/30/2020
View All GMC Incentives
2020CadillacCT60.00%$629/month for 39 months, $4,759 due at signing6/30/2020
2020CadillacXT40.00%$379/month for 36 months, $3,429 due at signing6/30/2020
View All Cadillac Incentives
2020ChevroletBolt EV$8,500 0.00%$249/month for 36 months, $2,769 due at signing6/30/2020
2020ChevroletEquinox$4,500 0.00%$297/month for 39 months, $0 due at signing6/30/2020
2020ChevroletTrax$3,500 0.00%$233/month for 39 months, $0 due at signing6/30/2020
View All Chevrolet Incentives
View All Chrysler Incentives
2019DodgeGrand Caravan$4,250 0.00%6/30/2020
View All Dodge Incentives
2020FordEcoSport0.00%7/6/2020
2020FordExplorer0.00%7/6/2020
2020FordRanger0.00%7/6/2020
View All Ford Incentives
2020HondaCR-V1.90%7/6/2020
2020HondaOdyssey0.90%7/6/2020
2020HondaPassport1.90%7/6/2020
View All Honda Incentives




YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2020HyundaiElantra$2,500 1.90%$139/month for 36 months, $2,499 due at signing6/30/2020
2020HyundaiKona$2,000 1.90%$199/month for 36 months, $2,299 due at signing6/30/2020
2019HyundaiSonata$4,500 0.00%$199/month for 36 months, $2,499 due at signing6/30/2020
View All Hyundai Incentives
2020InfinitiQ500.00%$329/month for 39 months, $5,299 due at signing7/6/2020
2020InfinitiQX600.00%$399/month for 39 months, $4,599 due at signing7/6/2020
View All Infiniti Incentives
2020JaguarXE0.00%$379/month for 36 months, $3,495 due at signing6/30/2020
View All Jaguar Incentives
View All Jeep Incentives
2019KiaCadenza$5,000 0.00%$289/month for 36 months, $3,999 due at signing6/1/2020
2020KiaOptima$4,000 0.00%$189/month for 36 months, $2,999 due at signing6/1/2020
2020KiaSorento$4,000 0.00%$239/month for 36 months, $3,499 due at signing6/1/2020
View All Kia Incentives
2020Land RoverDiscovery Sport0.00%$409/month for 36 months, $3,495 due at signing6/30/2020
View All Land Rover Incentives
2020LexusGS$3,000 0.00%$549/month for 36 months, $4,999 due at signing6/30/2020
2020LexusUX$2,000 0.00%$309/month for 36 months, $3,999 due at signing6/30/2020
2020LexusRX$2,000 0.00%$419/month for 36 months, $3,999 due at signing6/30/2020
View All Lexus Incentives
2020LincolnCorsair$1,800 4.90%$361/month for 39 months, $4,055 due at signing7/6/2020
View All Lincoln Incentives
2020MazdaCX-50.00%$239/month for 36 months, $2,999 due at signing6/30/2020
2020MazdaCX-90.00%$289/month for 36 months, $2,999 due at signing6/30/2020
View All Mazda Incentives
2020MitsubishiOutlander Phev$3,500 0.00%$289/month for 36 months, $3,788 due at signing6/30/2020
2019MitsubishiOutlander$3,750 0.00%$299/month for 48 months, $2,348 due at signing6/30/2020
View All Mitsubishi Incentives
2019MercedesCLA-Class1.00%$299/month for 36 months, $3,794 due at signing6/30/2020
2019MercedesGLS-Class1.00%$749/month for 36 months, $6,943 due at signing6/30/2020
View All Mercedes-Benz Incentives
2020NissanArmada$2,000 0.90%$671/month for 36 months, $671 due at signing7/6/2020
2020NissanLeaf$4,000 0.00%$199/month for 36 months, $3,449 due at signing7/6/2020
2020NissanPathfinder$4,000 0.00%$289/month for 36 months, $2,899 due at signing7/6/2020
View All Nissan Incentives
View All Porsche Incentives
2020SubaruAscent0.00%$319/month for 36 months, $2,999 due at signing6/30/2020
2020SubaruOutback0.00%$249/month for 36 months, $2,449 due at signing6/30/2020
View All Subaru Incentives
2020ToyotaAvalon$2,500 0.00%$449/month for 36 months, $2,999 due at signing7/6/2020
2020ToyotaCorolla$1,000 1.90%$149/month for 36 months, $2,999 due at signing7/6/2020
2020ToyotaRAV4$1,000 1.90%$239/month for 36 months, $2,999 due at signing7/6/2020
View All Toyota Incentives
View All Volkswagen Incentives
2020VolvoXC90$3,500 0.00%$499/month for 36 months, $4,899 due at signing6/30/2020
View All Volvo Incentives

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.

Frequently Asked Questions


Yes, Memorial Day weekend is historically one of the best times to buy all year long. And, because it falls near the end of the month, salesmen are trying to hit the their monthly sales targets and are willing to negotiate.  See the full list of all Memorial Day car deals.

Like most other businesses, car dealerships have been deeply impacted by Coronavirus.  This means car prices are deeply discounted to encourage more sales. In addition, almost all manufacturers are offering payment assistance programs.  See all Coronavirus auto financing specials.

The best way to get a deal is to request car prices from several car dealerships at once. Then ask dealers to beat your best price.  Learn how to negotiate the best deal on a new car.

Best Lease Deals by Category