Memorial Day Car Deals [2022 Edition]

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

The current inventory shortage is still causing a big markup on vehicle prices, so deals are more important than ever to offset the extra cost.

Auto manufacturers are mainly showcasing deals on their 2022 models. You can expect to find zero % APR finance deals, cashback incentives, and 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 Memorial Day is 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 28th through Monday, May 30th, 2022 (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
2022KiaNiro EV$299/month for 36 months, $3,499 due at signing5/31/2022
2022SubaruCrosstrek$245/month for 36 months, $2,445 due at signing5/31/2022
2022HyundaiElantra$189/month for 36 months, $3,199 due at signing5/31/2022
2022ToyotaCamry$289/month for 36 months, $2,999 due at signing5/31/2022
2022RAMRam Pickup 1500 Classic$359/month for 36 months, $4,199 due at signing5/31/2022
2022JeepGladiator$359/month for 39 months, $4,099 due at signing5/31/2022
2022NissanLeaf$209/month for 36 months, $4,059 due at signing5/31/2022
2022HondaHR-V$229/month for 36 months, $3,899 due at signing7/5/2022
2022AudiA5$579/month for 36 months, $5,069 due at signing5/31/2022
2022MazdaCX-30$229/month for 24 months, $2,999 due at signing5/31/2022

Best Lease Deals (Video)

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.

YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2022AcuraILX2.90%7/5/2022
2022AcuraMDX3.90%7/5/2022
View All Acura Incentives
2022AudiA42.49%$529/month for 36 months, $5,029 due at signing5/31/2022
2022AudiQ33.49%$509/month for 36 months, $4,229 due at signing5/31/2022
View All Audi Incentives
2022BMW3-Series3.49%$549/month for 36 months, $4,329 due at signing5/31/2022
2022BMW5-Series 3.49%$689/month for 36 months, $7,169 due at signing5/31/2022
2022BMWX33.49%$569/month for 36 months, $5,869 due at signing5/31/2022
View All BMW Incentives
2022BuickEnclave0.00%$359/month for 24 months, $4,049 due at signing5/31/2022
2022BuickEncore GX$2500.00%$219/month for 24 months, $3,179 due at signing5/31/2022
View All Buick Incentives
2022GMCAcadia$1,500 0.00%$249/month for 24 months, $3,079 due at signing5/31/2022
2022GMCCanyon$5000.00%$329/month for 36 months, $4,109 due at signing5/31/2022
View All GMC Incentives
2022CadillacXT6$1,250 0.00%$579/month for 36 months, $4,959 due at signing5/31/2022
2022CadillacXT40.00%$399/month for 36 months, $3,689 due at signing5/31/2022
View All Cadillac Incentives
2022ChevroletBlazer$1,250 1.90%$249/month for 36 months, $2,809 due at signing5/31/2022
2022ChevroletEquinox$1,000 $299/month for 36 months, $0 due at signing5/31/2022
2022ChevroletSilverado 1500 LTD$1,000 1.90%$319/month for 24 months, $4,559 due at signing5/31/2022
View All Chevrolet Incentives
2022ChryslerPacifica$1,000 $459/month for 39 months, $4,099 due at signing5/31/2022
View All Chrysler Incentives
2022DodgeCharger$1,000 0.00%$309/month for 36 months, $3,999 due at signing5/31/2022
View All Dodge Incentives
2022FordEcoSport7.90%$263/month for 39 months, $2,597 due at signing5/31/2022
2022FordExplorer7.90%5/31/2022
2022FordRanger7.90%$299/month for 36 months, $3,020 due at signing5/31/2022
View All Ford Incentives
2022HondaCR-V 2.90%7/5/2022
2022HondaOdyssey2.90%7/5/2022
2022HondaRidgeline1.90%$389/month for 36 months, $5,299 due at signing7/5/2022
View All Honda Incentives




YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2022HyundaiElantra$5002.79%$189/month for 36 months, $3,199 due at signing5/31/2022
2022HyundaiKona$5002.25%$179/month for 36 months, $3,899 due at signing5/31/2022
2022HyundaiSonata$5002.79%$219/month for 36 months, $3,199 due at signing5/31/2022
View All Hyundai Incentives
2022InfinitiQ503.90%5/31/2022
View All Infiniti Incentives
2022JaguarI-Pace
View All Jaguar Incentives
2022JeepGrand Cherokee WK$2,500 0.00%$429/month for 36 months, $3,799 due at signing5/31/2022
View All Jeep Incentives
2022KiaSorento1.90%$309/month for 36 months, $3,499 due at signing5/31/2022
2022KiaNiro EV1.90%$299/month for 36 months, $3,499 due at signing5/31/2022
View All Kia Incentives
2022Land RoverDiscovery Sport
View All Land Rover Incentives
2022Lexus UX 200
2022LexusRX 3502.99%5/31/2022
View All Lexus Incentives
View All Lincoln Incentives
2022MazdaCX-51.90%$279/month for 24 months, $3,499 due at signing5/31/2022
2022MazdaCX-91.90%$359/month for 24 months, $3,499 due at signing5/31/2022
View All Mazda Incentives
2022MitsubishiOutlander Phev2.90%$319/month for 36 months, $4,143 due at signing5/31/2022
2022MitsubishiEclipse Cross3.90%$269/month for 39 months, $3,543 due at signing5/31/2022
View All Mitsubishi Incentives
2022MercedesCLA$489/month for 36 months, $4,183 due at signing5/31/2022
2022MercedesGLS$1,069/month for 36 months, $5,713 due at signing5/31/2022
View All Mercedes-Benz Incentives
2022NissanArmada1.90%$709/month for 36 months, $6,909 due at signing5/31/2022
2022NissanLeaf1.90%$209/month for 36 months, $4,059 due at signing5/31/2022
View All Nissan Incentives
View All Porsche Incentives
2022RAMRam Pickup 1500$4,750 0.00%$359/month for 36 months, $4,199 due at signing5/31/2022
View All RAM Incentives
2022SubaruAscent1.90%$319/month for 36 months, $3,219 due at signing5/31/2022
2022SubaruOutback1.90%$265/month for 36 months, $2,899 due at signing5/31/2022
View All Subaru Incentives
2022ToyotaAvalon$1,000 5/31/2022
2022ToyotaCorolla Hybrid 1.75%$209/month for 36 months, $2,999 due at signing5/31/2022
2022ToyotaRAV4 1.75%$259/month for 36 months, $2,999 due at signing5/31/2022
View All Toyota Incentives
2022VolkswagenAtlas Cross Sport4.70%5/31/2022
2021VolkswagenJetta
View All Volkswagen Incentives
2022VolvoXC902.49%$749/month for 36 months, $5,149 due at signing5/31/2022
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

Is Memorial Day a good time to buy a car?

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 their monthly sales targets and are willing to negotiate.

Will the inventory and chip shortage affect Memorial Day sales?

Manufacturers will still put out new deals in May and Memorial Day, but the inventory and chip shortage may affect the availability of certain models. Also, even if the model is in stock, expect to pay more than MSRP.

Who is offering the best Memorial Day deals?

Many of the top and popular manufacturers will have special deals for Memorial Day. Brands like Hyundai, Ford, Toyota, and Mercedes-Benz will have finance and lease incentives for Memorial Day.

How do I get the best deal on a new car?

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.