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 25, 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.

We're already seeing new price cuts and chances to score 0% APR for up to 84 months. In some cases, limited-time incentives like cheaper leases, trade-in assistance, and holiday bonus cash may help boost your buying power.

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 25 at 2:42 pm

Best Memorial Day Truck Deals

Nissan Titan

On May 24, Nissan cut its best 84-month rate on the Nissan Titan and Titan XD from 2.9% APR to 0%. On a $50,000 truck, this effectively translates to a $5,300 price cut or a $63 decrease in its estimated monthly payment.

Meanwhile, the best rate on the Ford F-150 is 8.9%. This difference can potentially make a $50,000 Titan cheaper to buy than a $38,000 F-150. As a result, this could be a way to get the most truck for your money.

Ford Ranger

The Ford Ranger offers vary by region but feature some great opportunities to save. For example, starting May 20, Ford is offering buyers in Denver a whopping $5,000 discount on select Lariat models when trading-in a vehicle.

The catch is that only trucks in stock for over 60 days are eligible. To qualify, you'll need to trade-in a 1995 or newer vehicle. Perhaps more importantly, the offer can't be combined with other cash incentives and APR 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, you can opt to take a $750 national cash incentive instead. That's actually down from $1,000 earlier this month, lowering the total amount you can save to $2,750. Here, financing could end up being a better deal.

    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%.

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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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