Best New Car Deals for Memorial Day 2022
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 because of limited new car inventory caused by the pandemic and 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’s car ratings.)
The deals highlighted here are currently available and last until May 31.
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
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, members can compare in-stock vehicles, see what others paid for the car they want, and customize their payments online. Once they find the vehicle they’re interested in, members can get up-front price offers online from local certified dealers. On top of national incentives, Consumer Reports members are eligible for additional incentive offers from select manufacturers through the Build & Buy Car Buying Service. Plus, members can get an instant trade-in value for their current vehicle to use toward their next car purchase.
Chevrolet Equinox: 8% Off
Chevrolet Blazer: 8% Off
Nissan Murano: 7% Off
Ram 1500: 7% Off
GMC Acadia: 7% Off
Chevrolet Traverse: 7% Off
Chrysler 300: 6% Off
Cadillac XT5: 6% Off
Dodge Charger: 6% Off
Toyota Prius Prime: 5% 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.