Memorial Day is coming up quickly. While you’re hopping between barbecues and pool parties, be sure to hit up your local dealer. Car dealer that is! We’ve rounded up all of the best Memorial Day car sales of 2023 from top automakers across all of the most popular makes and models.
What Memorial Day car sales can I expect in 2023?
Historically, Memorial Day has been one of the best times of the year to buy a new car. That said, the new-car market for the past couple of years has been a little dire due in no small part to the global microchip shortage, supply chain issues, and the enduring effects of the pandemic. We saw a whole bunch of horrific markups that expectedly set off consumers.
This year, we can expect to see things pan out a little bit differently given the improved economic climate. Most manufacturers have shifted into reverse a bit. In a lot of ways, car dealerships are on their last few breaths. Now we have car subscription models beginning to surface along with companies like Volvo promising to start selling directly to consumers. Tesla has already laid the foundation for cutting out the middleman.
Toyota and Lexus
Who doesn’t love a good deal on a reliable, long-lasting Toyota? While you won’t find discounts on the slick new 2023 Prius, you can drive on the beach this summer with the Highlander FWD at 3.49% for 60 months. Toyota is also offering 3.99% for 48 months on the Camry, Corolla, Highlander, RAV4, and Tacoma. For those looking for something a bit more on the luxury side, Lexus has the ES at $519 per month ($589 for the hybrid) for 39 months with $3,999 due at signing.
Ford and Lincoln
The beloved American manufacturer has a ton of Memorial Day car sales but by far the strongest is the Ford Edge at 0% for 72 months plus you’ll get $3,000 in bonus cash. Along with that, the Mustang is going for 0% for 60 months, the Bronco Sport, Expedition, Explorer, and F-150 at 0.9% for 60 months (with $1,000 in bonus cash for the F-150), as well as the Escape for 1.9% at 60 months. On the luxury side, you can make like Matthew McConaughey and take home a Lincoln with 5.9% financing or as low as $468/month for a 2023 Corsair lease.
One of the more popular choices for Memorial Day sales, Kia is coming in hot with the EV6 at 2.75% for 60 months, the Niro EV for 2.9% for 72 months, the Forte and Soul at 2.9% for 48 months, and the Sorento at 3.25% for 48 months.
Honda and Acura
The CR-V has durability, storage, and the versatility to take whatever life throws at you. And right now, Honda is offering 3.9% for 48 months for the CR-V along with the CR-V Hybrid, HR-V, Odyssey, Pilot, and Civic. Other deals include 2.9% for 48 months on the Accord, Accord Hybrid, Passport and 0.9% for 36 months on the Ridgeline. Step it up to an Acura from Honda’s luxury division, and you can finance a 2023 Integra at 4.9% for up to 60 months.
Quite a bit of lease deals here, it’s easier to list them.
- 2 Series: $479/month for 36 months ($4,619 due at signing)
- 3 Series: $549/ month for 36 months ($4,999 due at signing)
- 4 Series: $589/month for 36 months ($4,769 due at signing)
- 5 Series: $629/ month for 36 months ($6,409 due at signing)
- X1: $549/month for 36 months ($4,849 due at signing)
- X3: $579/month for 36 months ($5,929 due at signing)
- X4: $729/month for 36 months ($5,209 due at signing)
- X5: $909/month for 36 months ($5,959 due at signing)
- i4: $489/month for 36 months ($4,239 due at signing)
- iX: $989/month for 36 months ($5,919 due at signing)
While we’ll probably never see the Golf-like Volkswagen ID.2 come stateside, the ID.4 is a well-rounded German SUV that won’t set you back a kidney. Like other carmakers who had their EV tax credits taken away as a financing incentive, VW is giving customers $7,500 back when they lease an ID.4. Military service members get a $500 bonus on top of that. By far, the most interesting Memorial Day car sale from Volkswagen, however, is a tantalizing 1.9% APR for 36 months on the Tiguan.
I amost bought a VW Tiguan last year, and if I hadn’t already put money down on the Alfa Romeo Tonale, I’d be tempted to pull the trigger. – Gabe
For a limited time, Audi is offering a $7,500 leasing bonus for EVs. This includes 2022 and 2023 e-tron models, the 2024 Q8 e-tron, and Q8 e-tron Sportsback. Plus, 0.99% for up to 60 months on the 2022 Audi e-tron GT or RS e-tron GT.
Memorial Day Jeep sales are a Jeep thing, you wouldn’t understand. Take control of the road in the Grand Cherokee, going for 2.9% for 36 months this coming weekend. Jeep is also offering $2,000 in bonus cash for the Compass (at 0% for 36 months) and the Renegade (at 1.9% for 36 months).
Hyundai has its Nexo Fuel Cell for 0% for 72 months plus a whopping $25,000 off. And apparently they’ll still offer you the deal regardless of whether you pronounce it “Hyundai” or “Hyundai” (it’s “Hyundai”). Other Memorial Day weekend deals include 0.9% for 48 months on the Tucson, 1.9% for 48 months on the Elantra, Santa Fe, and Sonata. On the luxury end, the Genesis G70 can be leased for $470 per month for36 months and the G80 at $619 for 36 months.
I can’t hear of the word Nissan without thinking of that classic Vine, Liam Neeson’s knees on his niece on E’s on a Nissan. But if you hear the word Nissan and think, “I’d like to drive one of those,” good news. This weekend, the Titan is going for 0% for 60 months, the Murano and Rogue are at 0% for 36 months, and the Altima and Pathfinder are at 2.99% for 36 months.
Drive off into the woods in a brand new Subaru thanks to some great Memorial Day savings. The WRX is going for 2.9% with the Ascent, BRZ, Crosstrek, Forester, Outback, and more all going for 3.9%.
I’ve driven a Mazda CX-5 and I’ve got no plans on changing that. You can lease one yourself for $299 a month for 36 months ($2,999 at signing) as well as the Mazda 3 for $348 a months for 36 months ($2,999 at signing) or the CX-9 for $390 a months for 24 months ($3,999 at signing).
Some great lease deals from the folks at Dodge. The Charger is going for $461 per month for 36 months with $4,249 due at signing, the Challenger for $410 per month for 36 months with $4,249 due at signing, the Durango for $448 per month for 36 months with $3,999 due at signing, and the Hornet for $449 per month for 36 months with $4,249 due at signing.
Got another big list for ya. Here’s what Mercedes-Benz has to offer for this coming Memorial Day weekend.
- GLA: $649/month for 36 months ($4,923 due at signing)
- GLB: $679/month for 36 months ($5,033 due at signing)
- GLC: $639/ month for 36 months ($4,553 due at signing)
- GLE: $859/ month for 36 months ($5,583 due at signing)
- C-Class: $579/month for 36 months ($4,573 due at signing)
- E-Class: $789/month for 36 months ($5,863 due at signing)
- CLA: $669/month for 36 months ($5,193 due at signing)
- EQB: $689/month for 24 months ($5,753 due at signing)
- EQE: $689/month for 24 months ($6,673 due at signing)
- EQS: $1,049/month for 24 months ($9,283 due at signing)
- EQS SUV: $1,049/month for 24 months ($9,283 due at signing)
In addition to its evergreen military incentives for those in the service, Volvo is promoting its top-selling SUVs, such as the XC40 and XC90 across trim levels at 5.99% APR for up to 72 months. Certain sedan and wagon models in the Swedish carmaker’s lineup are also eligible for the same offer. EVs, on the other hand, qualify for a $7,500. Presumably, this means Volvo will pass the savings along from the federal EV tax credit, for which most leases still qualify.
Chevy trucks and SUVs
General Motors is another one with generous military discounts, so check in with your nearest dealership if you’re an active military service member. The same likely goes for everyone else since the Memorial Day sales vary depending on your location.
If you’re shopping around for a new Cadillac, existing lessees of a 2018 model or newer might be able to claim $2,250 toward their purchase of a 2023 XT4 for a limited time. Not only that, but you could lock down a $379/month payment for your Cadillac XT4 over 36 months. Meanwhile, those who finance an XT4 can do so at 2.9% APR for 36 months in addition to receiving a $500 purchase allowance.
SUVs wearing GM’s Buick nameplate can be financed for 2.49% APR and no monthly payments for 90 days across the board. What’s more, Encore GX and Envision models come with a $750 signing bonus. At this rate, don’t be surprised to see more Buicks on the road after this.