Best New Car Deals for Memorial Day
Big savings can still be found on select cars and SUVs
Memorial Day weekend is traditionally one of the best times of the year to buy a new car, with deep discounts and low finance rates readily available.
Things are a bit different this year, due to limited new car inventory caused by the pandemic and most recently the global microchip shortage. There are still some great deals available now through the end of May, but you need to know where to look. That's where we come in.
To identify standout deals, Consumer Reports’ analysts studied nationwide new car incentives and discounts that represent savings below the sticker price.
To make sure the featured cars represent smart buys, we concentrated on models with a strong Overall Score, which factors in road-test performance, owner satisfaction, reliability, and safety. (Learn more about CR car ratings.)
The deals highlighted here are currently available and last until at least June 1.
Some models that have come up short in Consumer Reports’ testing are being advertised with tempting deals. That underscores the need for shoppers to do their research and not be swayed by the savings alone.
CR's Build & Buy Car Buying Service
When buying a car, in addition to research and reviews, Consumer Reports offers members access to the Build & Buy Car Buying Service at no additional cost. Through this service, a nationwide network of over 12,000 participating dealers provide upfront pricing information and a certificate to receive guaranteed savings off MSRP (in most states).
The pricing information and guaranteed savings include eligible incentives. Consumer Reports members have saved an average of $3,218 off MSRP with the Build & Buy Car Buying Service.
Nissan Leaf: 22% Off
Buick Encore: 20% Off
Buick Enclave: 16% Off
GMC Acadia: 15% Off
Nissan Altima: 15% Off
Hyundai Kona: 14% Off
Nissan Maxima: 13% Off
Toyota Avalon: 13% Off
Toyota Camry: 13% Off
Kia Sportage: 12% Off
Tips for Buying a New Car
There are a lot of things to consider when buying a new car. On the "Consumer 101" TV show, Consumer Reports expert Kelly Funkhouser explains to host Jack Rico what to look for before taking a test-drive.