Best Memorial Day Truck Deals For 2021

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - May 10, 2021

We're offering continuously updated coverage of the best Memorial Day truck deals for 2021. Unlike past Memorial Day truck sales, shoppers should expect to encounter higher prices as a result of a growing inventory shortage in the U.S.

That said, the latest offers will be announced in the days and weeks ahead and could offer the chance to score 0% APR financing, cheaper truck leases, and incentives for a limited time like trade-in assistance and holiday bonus cash.

We'll be updating this page as the latest info is released. Be sure to also check out our ongoing coverage of the best Memorial Day car & SUV deals.

Updated May 10, 8:58 am

Best Memorial Day Truck Deals

Jeep Gladiator

In California, Jeep is offering a rare deal on the well-equipped Gladiator Mojave and Rubicon. Typically, these range-topping styles are excluded from the best deals. Through June 1, both configurations offer 0% APR for 36 months plus a Memorial Day Bonus worth $2,000.

However, if a 3-year loan isn't going to cut it for you based on your priorities, you can opt to take a $1,000 national cash incentive instead. Altogether, that's $3,000 in potential savings up for grabs. We've never seen a deal this good on either one of these highly sought-after styles.

    GMC Sierra

    The Sierra offers the exact same rate as last month. Normally that wouldn't be impressive, but it's surprising considering Chevy has totally eliminated 0% financing on every vehicle in its lineup. As a result, the cost to buy a $56,000 Sierra with 0% financing could be cheaper than a $50,000 Silverado at 4% APR.

    GMC is continuing to blow away Ford when it comes to financing. With 0% APR for 72 months, the Sierra is a stellar deal if you're looking to score a low monthly payment. In contrast, the best 6-year rate on the F-150 XLT remains unchanged at 6.9%.

    Having a hard time finding the truck you want? GMC is one of a handful of brands that are offering a way to lock-in rates for models not yet in stock. Be sure to ask your dealer for details on how that works. Current offers end June 1.

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    Is Memorial Day A Good Time To Buy A Truck?

    Lousy availability. Memorial Day can often be a stellar time to take advantage of truck incentives like 0% financing as well as lease deals. However, an ongoing inventory shortage has caused prices to increase in many parts of the country.

    In some cases, trucks like the Toyota Tacoma are a lot more expensive to buy. Don't expect to get much relief by buying a used truck instead of a new one. In the case of the Tacoma, you may find extremely high prices.

    Good time to sell? That said, high prices could make now a good time to sell your current truck. Just keep in mind that Memorial Day truck sales are already looking quite a bit different when compared to promotions we saw just a year ago.

    Lock current rates. Fortunately, some manufacturers are offering ways to lock-in current rates if the truck you want doesn't happen to be in stock. Rules can vary depending on which brand you're planning to buy, so check with your local dealer.

    Finding the best deals. In the case of the new Ford F-150, expect to see the best deals on XL and XLT styles. Ford likes to introduce trade-in assistance cash before holidays, and there's a possibility we may see deals like this in the days ahead.

    With truck shortages at most dealers, you may find it wise to snag the model you want while you still can. Supply chain issues aren't expected to be resolved soon and could put a damper on things for bargain hunters.

    As usual, look for fine print that limits the best truck deals to certain styles. For example, RAM's best APR deals on the RAM 1500 are generally limited to Big Horn & Lone Star models equipped with a Crew Cab.

    More ways to save. In some cases, you may be able to take advantage of loyalty discounts for coming from another lease. For example, Chevy often advertises cheap leases that include bonuses for coming from another GM lease.

    Explore The Cheapest Truck Leases »

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    , Senior Pricing Analyst

    As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

    Follow On: Twitter

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