Best Memorial Day Car Deals for 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - May 3, 2017

See the latest offers as they're announced with our exclusive coverage

Now is the time to take advantage of Memorial Day car deals from a variety of major manufacturers. New holiday offers have already been announced, but we're expecting to see more over the course of the month.

Learn about all the best deals, but stay tuned for last-minute offers in the days leading up to May 29. We're already seeing potential savings of up to $10,000 off MSRP as well as zero-percent financing. We've also found special perks available for a limited time like No Payments for 5 Months.

We'll be updating this page with the latest offers as they're announced, so check back often!

Offers assume a Southern California location unless noted otherwise.

Last updated 1:56 pm Friday, May 26

Ford $199/mo, $0 Down Leases New!

On May 26, lease discounts surged on the 2017 Fusion sedan and Escape crossover. Both now feature $199/month deals with zero due at signing. However, the offers are only available for 6 days here in California. After that, they're gone.

Earlier this month, the Fusion SE leased from $219 with $2,719 due at signing. The Escape SE also leased from $219 but had a monstrous $3,089 due at signing. See Escape offers »

Not interested in leasing? On May 8, the Fusion received a huge $2,500 incentive for financing through Ford Credit. You can also get a $500 bonus when opting for a car with an EcoBoost engine. That's $3,000 PLUS 0% APR for 72 months. See Fusion offers »

Most offers from Ford expire July 5, but the ones listed above end May 31. Shop Ford models »

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20% Off Chevy Malibus & 10% Off Corvettes Updated!

Through May 31, you can get 20% off MSRP on select Malibus or 10% off all Corvettes. From May 16, you can also get GM Supplier Pricing on the Silverado 1500.

You can now get up to $6,370 off the 2017 Malibu Premier. Take note, however— the Malibu LT is no longer eligible after May 15. See Malibu offers »

On a fully-loaded Corvette Z06, it's now possible to save up to $10,000. We rarely see discounts this high without a lot of special conditions. See Corvette offers »

Silverado Crew Cabs are now eligible for Supplier Pricing. On an LT 4x4 with All Star Package, GM is touting up to $9,327 in savings with all available offers. But there's more. See Silverado offers »

Starting May 9, lessees of any 2008-or-newer Chevy can get $2,500 in addition to regular offers. On a 2017 Cruze, that equates to as much as $5,500 off MSRP. Other eligible models include the Malibu, Trax, Equinox and Traverse. Silverado Double Cabs get a larger $3,000 bonus. Shop Chevy models »

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Buick 16% Off Promotion New!

Beginning May 19, Buick is offering 16% Off MSRP on the LaCrosse luxury sedan. We've seen promos like this before on other models, but this is the first time we've seen it on the redesigned 2017 model.

However, shoppers should be aware that only the LaCrosse Premium is eligible. Still, that equates to as much as $6,718 in potential savings off the $42,990 vehicle. See LaCrosse offers »

Ongoing deals are pretty good too, like $6,955 off the Enclave w/Leather. You can also get 0% APR for 60 months plus $2,500 off Sport Touring versions of the Regal, Verano and LaCrosse. See Enclave offers » See Regal offers » See Verano offers »

Offers end May 31. Shop Buick models »

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VW Memorial Day Bonus Updated!

Earlier this month, VW announced a $750 Holiday Bonus on all versions of the 2017 Jetta and Passat. However, on May 16, the automaker doubled its offer on the Jetta to $1,500.

You can now get 0.9% APR for 72 months plus the $1,500 Holiday Bonus on any Jetta, including the sporty GLI. The Passat features the same rate but a smaller bonus worth $750. See Jetta offers » See Passat offers »

If you'd prefer another VW model, not to worry. Most now feature 0.9% APR for 60 months, including favorites like the Golf, GTI and all-new Golf Alltrack.

The Jetta now ranks as one of the cheapest leases at $169 for 36 months with $1,999 at signing. And that's before the $1,500 bonus. Offers end May 31. Shop VW models »

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Infiniti Spring Bonus Up To $2,000

This month, Infiniti is offering something it rarely does: a cash incentive. For a limited time, you can now enjoy up to $2,000 off the purchase of a 2017 Q50 sedan or QX60 SUV. See Q50 offers » See QX60 offers »

The sleek new Q60 is eligible for a $1,000 bonus, while the popular QX50 gets $500. Even better, the offers can be combined with financing as low as 1.9% APR. See Q60 offers » See QX50 offers »

Offers end May 31. Shop Infiniti models »

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Nissan Altima Holiday Bonus New!

Starting May 19, Nissan is offering a $500 bonus on the popular Altima sedan. That's not much, but the amount swells considerably when you stack different offers.

To start, all versions are eligible for at least $3,000 cashback. However, you can get an additional $500 for picking an SR model.

There's even a $1,300 discount when you choose the Midnight Package. With the holiday bonus, that's $5,300 in savings. See Altima offers »

Most offers end June 5, but the holiday bonus expires May 31. Shop Nissan models »

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Chrysler Memorial Day Bonus New!

Since May 23, most FCA brands (Chrysler, Dodge, Jeep, RAM and FIAT) have been offering a $500 Memorial Day Bonus. However, there's a catch, and it's a pretty big one.

The automaker lowered other rebates by the same amount, negating the advantage. That said, based on our analysis, there's one exception that SUV shoppers will love.

The only actual deal is the 2017 Grand Cherokee with $3,000 cashback. You can boost this to $4,000 if you or anyone in your house is leasing a non-FCA vehicle. See Grand Cherokee offers »

Offers end May 31, 2017. Shop Jeep models »

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Toyota Holiday Bonus Updated!

Beginning May 17, San Francisco shoppers get an extra $500 off any 2017 Corolla. That equates to a total of $2,500 cash or 0% APR for 72 months plus $500, a stellar value for this model. See Corolla offers »

In Los Angeles, cash on the popular 2017 Camry and Camry Hybrid has been increased to $2,750, the most we've seen to date. Alternatively, you can opt for 0% APR for 72 months plus $500 cash. See Camry offers »

As before, the $149/month lease on the 2017 Corolla SE is one of this month's best leases. Scion owners should be sure to ask about an unadvertised $500 loyalty discount on the all-new 2018 C-HR. See C-HR offers »

Expect to be able to negotiate an outstanding price this month on any Corolla. Offers end May 31. Shop Toyota models »

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Mazda Memorial Day Bonus Updated!

Mazda offers vary by region, but starting May 26, western states like California get a $500 Memorial Day Bonus on the Mazda3, Mazda6 and MX-5 Miata (excluding the Miata RF).

Combined with existing offers, that's $2,000 off the 2017 Mazda3 and $2,500 off the 2017 Mazda6. If you can find one, the 2016 Miata now features $2,000, which is extremely rare.

As always, current Mazda owners & lessees can also get a $500 loyalty bonus on any model. See Mazda3 offers » See Mazda6 offers » See Miata offers »

Offers end May 31, 2017. Shop Mazda models »

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Kia No Payments for 5 Months Updated!

Starting May 2, Kia is offering 0% APR for 66 months plus No Payments for 5 Months on the 2017 Forte, Optima, Soul and Sorento. See Optima offers » See Soul offers » See Sorento offers »

As part of the deal, your first 2 payments will be waived, plus you'll be eligible for a 90-day deferral. That's a total of 5 months before having to make your first payment. But there's more.

Starting May 23, you can also get a $500 Memorial Day Bonus on the above models. The deal can be combined with special financing rates and rebates, but leases aren't eligible.

At $139/month, the Forte LX ranks as one of the cheapest leases at the moment. With an effective cost of $195, it's one of the few truly sub-$200 leases. See Forte offers »

Most offers end July 10, but the Memorial Day Bonus ends May 31. Shop Kia models »

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Volvo Sign & Drive Leases

This month, Volvo is offering rare Sign & Drive leases on the S60 sedan and V60 wagon. These are stellar values for luxury cars with up to 36 mpg and low-speed emergency braking.

You can now lease a 2017 S60 T5 Inscription from just $385 for 36 months with $0 due at signing. Unlike typical "zero at signing" offers, this has the added benefit of waiving your first payment. See S60 offers »

Prefer the sporty V60 wagon? The T5 Premier starts at $415 for 36 months with $0 due at signing. Both rank among the best luxury car leases at the moment. See V60 offers »

Offers end May 31. Current Volvo owners should be sure to ask about a loyalty bonus worth $500 toward leases and $1,000 toward purchases. Shop Volvo models »

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All Top Memorial Day Deals

Manufacturer Offer Description Featured Deal Expiration
Ford $199/mo, $0 down leases New! $199/mo, $0 down leases on 2017 Fusion SE and Escape SE in California 5/31/17
Chevy 20% off Malibu, 10% off Corvette, Supplier Pricing on Silverado Trucks Updated! Up to $6,370 off Malibu Premier 5/31/17
Buick 16% off Redesigned LaCrosse New! Up to $6,718 off 2017 LaCrosse 5/31/17
Volkswagen Up to $1,500 Memorial Day Bonus Updated! 0.9% APR for 72 months + $1,500 Holiday Bonus on 2017 Jettas 5/31/17
Infiniti Up to $2,000 Spring Bonus $2,000 Bonus + 1.9% APR for 60 months on Q50 sedans 5/31/17
Nissan $500 Holiday Bonus on Altimas New! Up to $5,300 in savings on select 2017 Altima models 5/31/17
Chrysler $500 Memorial Day Bonus New! Up to $4,000 off 2017 Jeep Grand Cherokees 5/31/17
Toyota $500 Regional Holiday Bonus Updated! Up to $2,500 Cashback on 2017 Toyota Corolla 5/31/17
Mazda $500 Regional Memorial Day Cash Updated! $2,000 Customer Cash on 2017 Mazda3 5/31/17
Kia No Payments for 5 Months + Memorial Day Bonus Updated! 0% APR for 66 months + $500 Holiday Bonus + No Payments for 5 Months on Forte, Optima, Soul and Sorento 5/31/17
Volvo Sign & Drive Leases S60 Lease from just $385 with $0 due at signing 5/31/17

Updated May 26

Additional Resources

Doing your homework in advance can save you time (and money). Explore the following topics to make an informed decision when buying a new car this month.

When do new car incentives come out?

Are holidays really a good time to buy?

What are the best new car deals right now?

What are the best lease deals?

What are the absolute cheapest cars to lease?

What are the top vehicles in each segment?

Shop Ford models »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website