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Each year, May car deals are synonymous with Memorial Day sales. However, 2025 is full of challenges for automakers. With rising tariffs and economic uncertainty, some automakers are pulling back on promotions. Still, there are deals to be had if you know where to look. We’ve rounded up ten standout car deals in May 2025 featuring interest-free financing, cash incentives, and $0-down leases.
All May offers expire on June 2, 2025. Let’s dive in!
2024 Jeep Gladiator
Best Deal: $10,250 bonus cash or 2.9% APR for 72 months
This is one of the biggest cash incentives we’ve seen this year. With 1,255 2024 Gladiators left to sell, Jeep is motivated to clear out last year’s models before spring turns to summer.
Best Deal: 0% APR for 72 months or $7,500 customer cash
The Nissan Ariya is gaining in popularity, with CarEdge Insights showing that demand is rising. As the Ariya sales increase, this 0% APR offer may disappear in June.Nissan’s customer cash offer essentially matches the federal EV tax credit. With that incentive in limbo, it’s a great offer all-around.
Best Deal: 0% APR for 72 months or employee pricing plus $4,500 bonus cash
In May, Jeep continues to offer huge savings on this plug-in hybrid SUV. The Grand Cherokee 4xe is just as comfortable hauling a family as it is venturing off the beaten path. Most buyers would save the most with Jeep’s 0% financing offer.
Best Deal: 0% APR for 60 months, or lease the rear-wheel drive Model 3 for $349/month for 36 months with $0 due at signing before taxes and fees.
EV fans, take note. Tesla has only offered interest-free financing a few times in its history. This is also the first time Tesla has ever offered a zero-down lease deal. For buyers looking to finance a new car in 2025, this could save you thousands of dollars.
Tesla offers are subject to change at any time, so act fast if you’re interested!
This offer isn’t new, but it’s still a standout deal. Chrysler has been offering zero percent financing for the Chrysler PHEV minivan for months on end. According to CarEdge Insights, sales of the Pacifica are finally picking up. We wouldn’t be surprised if this is the final month for this APR incentive.
Best Deal: 0.9% APR for 60 months, plus $3,500 total cash allowance
The Silverado remains a favorite in the full-size truck segment, and this Memorial Day, it’s one of the few trucks offering low-APR financing incentives. Combine that with a generous $3,500 cash allowance, and you’ve got one of the best deals in May for a top-selling 2025 pickup.
GM has a few hundred 2024 Tahoes left to sell, and with an offer like this, they’ll be sold by Memorial Day. Full-size SUVs rarely see interest-free offers. This is a big win for families needing space and capability without a high finance cost.
Zero-percent financing is unheard of for the Chevy Suburban. This is a rare deal to say the least. The Suburban is unmatched in cargo space and passenger comfort, making it ideal for large families or anyone needing serious room. Don’t expect any 2024s to be left by the end of May. Act quickly if you’re serious about this offer!
Rivian has launched a limited-time lease deal on R1T and R1S electric vehicles, offering $0 down on models equipped with dual motors, the Max battery pack, and a performance upgrade. Available through May 31, 2025, this promotion includes a $6,500 credit toward the lease down payment, plus the built-in $7,500 federal EV credit for U.S.-made electric vehicles.
In select markets, Toyota is offering 2.99% APR for 72 months for 22 different trims of the Toyota Tundra. Rarely does Toyota offer such a great financing deal, since they typically don’t have any issues with demand. Each month, Toyota’s offers are more regional than we see from other OEMs. This APR special is available in certain parts of Texas, as well as other regions. See if this incentive applies to your area at Toyota.com.
Let CarEdge Take the Hassle Out of Your Journey
Despite a more challenging market in 2025, this year’s Memorial Day car deals still offer real savings for prepared buyers. From 0% APR financing to generous lease incentives and bonus cash, there are solid opportunities if you know where to look. Act quickly before these offers expire on June 2. Some of these offers apply to very limited inventory.
Ready to take the next step? Whether you want expert help negotiating your deal or prefer to go the DIY route, CarEdge has you covered. Use CarEdge’s car buying service for hands-on support from auto experts, or tap into CarEdge Insights to compare local deals, track pricing trends, and uncover negotiable listings near you. No matter your budget, we’ve got the tools and services to make car buying easy, once and for all.
As we roll into May 2025, the used car market is heating up — and fast. Between rising prices, a shortage of low-mileage vehicles, and renewed demand driven by economic uncertainty, it’s officially a seller’s market. But that doesn’t mean buyers are out of luck. Here’s what’s driving the shift, how used car prices are trending, and what shoppers can do to stay ahead of the game this summer.
Why Used Car Prices Are Rising Again
CarEdge’s own Ray Shefska recently checked how much his 2020 MINI Clubman was worth on the used market. Just six weeks after receiving a $16,600 offer, that same car was valued at $19,000 — a 15% increase in value. While Ray’s experience may sound extreme, it perfectly illustrates the broader trends driving up used car prices this spring.
So what’s going on? Several forces are converging this spring to push prices higher:
Used car demand is rising. Auto tariffs and fears of continued inflation have consumers acting fast. Many shoppers are buying now to avoid potentially higher prices later.
Seasonality is back. Warmer weather has always brought car buyers out in droves — and this year is no different. Think of it as the “spring rush” for cars, a trend that skipped only one year in recent memory: 2020.
The chip shortage echo. The pandemic-era production slump from 2021–2022 wiped out about 15 million new vehicles. Four years later, that shortfall is hitting the used market hard. With fewer gently-used cars in circulation, buyers are competing for a smaller pool of desirable inventory.
One result? The average age of a used car for sale is now 6.7 years — a 26% increase from 2020, when the average was just 5.3 years according to Manheim. However, many buyers still prefer a more gently-used vehicle, so younger pre-owned cars are selling for a steep premium in 2025.
After peaking above $28,000 in 2022, average used car prices dipped to just under $25,000. But now, prices are bouncing back.
Cox Automotive reports that the supply of used cars under $15,000 — often the most in-demand by budget-conscious buyers — is at its lowest level since 2021. These affordable vehicles are also selling the fastest.
Wholesale price data from Black Book shows that used car values are up 2.75% over the past two months — but that’s just the average. Zoom in on the most desirable vehicles, and the price increases are even sharper.
Younger Used Cars Are Gaining Value Fastest
Vehicles that are 0 to 2 years old are appreciating much faster than older cars. Buyers have caught on to the sharp depreciation that hits new cars as soon as they leave the lot — and they’re now prioritizing lightly-used vehicles instead.
That’s creating a perfect storm: low supply, high demand, and rapidly climbing prices for newer used cars. Meanwhile, older vehicles — especially those over 6 years old — are either holding steady or even losing value.
The takeaway? The younger the used car, the stronger its market value right now.
If you’re thinking about selling a car that’s less than five years old — especially one with low mileage — now is the time. Dealers and private buyers are paying top dollar for clean, late-model vehicles.
The average used car sells with about 70,000 miles on the odometer. If yours has under 30,000 miles, it’s a standout — and worth a serious premium.
The hottest vehicles on the market are 2021–2024 models with clean histories and relatively low mileage.
It’s Officially a Seller’s Market — But Smart Buyers Can Still Win
Yes, prices are rising. But used car shoppers still have a chance to land a great deal — especially if new car incentives dry up due to tariff pressures or reduced inventory. Here’s how to stay ahead:
✅ Find Aging Inventory
Use CarEdge Car Search to locate used cars that have sat on dealer lots the longest. These units are often the most negotiable.
✅ Know How to Negotiate
Arm yourself with free negotiation cheatsheets and walk into the dealership with confidence. A well-informed buyer is a powerful buyer.
✅ Don’t Skip the Inspection
A pre-purchase inspection can save you thousands down the road. It’s your best defense against buying a lemon.
✅ Be Flexible
Keep your options open. If one deal falls through or a dealer won’t budge on price, move on. Also, don’t get talked into paying for overpriced add-ons or junk fees. Here’s what’s legit, and what’s a ripoff.
✅ Use a Car Buying Expert
Feeling overwhelmed? Let a professional handle the hard part. CarEdge’s Car Buying Service offers expert help — and now features our most affordable option ever.
Final Thoughts
The 2025 used car market is undergoing rapid changes heading into May. Values are rising, inventory is tightening, and shoppers are rushing to lock in deals before prices rise further. Whether you’re selling a low-mileage car for top dollar or hunting for a well-priced used vehicle, the key is to do your homework, whether you’re buying or selling.
Car buyers are eagerly anticipating Memorial Day sales, traditionally a prime time for deep discounts and attractive incentives. However, early indicators suggest that 2025’s deals may fall short of expectations. This year, several headwinds—including ongoing tariff uncertainty, persistently high auto loan rates, and shrinking vehicle inventories—are clouding the outlook for May promotions. These factors are likely to dampen the kind of aggressive incentives shoppers have come to expect from Memorial Day car sales.
Here’s why some auto industry analysts are bracing for a quieter sales weekend in 2025.
Inventory Is Falling As Buyers Get Ahead of Tariffs
According to Cox Automotive, the industry-wide new vehicle supply dropped to just 70 days at the start of April, a 23% decline from March. CarEdge Insights reports that inventory levels remained similarly tight in late April. This spring rush has been fueled in part by buyers trying to get ahead of potential price hikes tied to looming tariff concerns.
As Memorial Day approaches, inventory constraints are particularly pronounced at brands like Lexus, Toyota, Honda, and Subaru. With fewer cars on the lot, these automakers are unlikely to offer standout holiday deals this year.
But there’s still hope for deal hunters—if you know where to look. Several brands are sitting on inventory levels well above the industry average heading into May. These brands have over 90 days of market supply, and are likely to have the best Memorial Day car sales in May 2025:
Ford, Lincoln
Nissan, Infiniti
Stellantis brands (Jeep, Ram, Dodge, Chrysler)
Hyundai
Mazda
Luxury brands like Jaguar and Land Rover
These car brands will have more flexible pricing and stronger incentives as they look to catch up to the competition. Many are also still working through large volumes of unsold 2024 models—more on that below.
Manufacturers are under pressure to clear out 2024 models, four months into the new year. In April 2025, 348,000 of the 3.1 million new cars for sale in America were 2024 models. Many of them are trucks like the Ford F-150 and Ram 2500. There are also plenty of last year’s electric vehicles that remain unsold. These are prime targets for zero percent financing Memorial Day specials.
Here’s a look at cars and trucks with the most remaining 2024 inventory as Memorial Day 2025 approaches:
Make
Model
Unsold 2024s (in April 2025)
Ford
F-150
32,189
Ford
Bronco
18,555
Ram
Ram 2500
10,080
Ford
Expedition
8,699
Acura
ZDX
4,238
Jeep
Grand Cherokee
3,709
Lincoln
Nautilus
2,375
Lincoln
Corsair
2,049
Unsold 2024 models will be the most negotiable cars in May 2025. You should be able to confidently negotiate at least 15% off MSRP for any remaining 2024 model, even those impacted by auto tariffs. Use CarEdge Insights to find aging car inventory in your city.
Low APR Incentives: A Closer Look
Low APR deals are a win-win for both dealers and buyers. For dealers, it’s about liquidating stock without slashing sticker prices dramatically, which can devalue the brand. For buyers, these subsidized rates lower the monthly payment, making an upgrade more feasible. Expect to see APR offers as low as 0% for qualified buyers on select models, alongside generous cash-back offers and lease deals.
In fact, there are already several 0% APR offers on the market today…
As we inch closer to Memorial Day, certain vehicles stand out for their negotiability. While the specific models and deals will be confirmed as the holiday approaches, here are some categories to watch:
Last Year’s Inventory: Memorial Day car sales are the manufacturer’s best chance to clear out the last of 2024’s remaining inventory. Expect crazy deals on these, especially trucks, Jeeps and electric vehicles.
Truck Deals: Automakers have simply priced new trucks too high, and buyers are pushing back. This has led to an oversupply of new trucks on dealer lots. Expect big deals on Ram trucks, and the Ford F-150. In fact, there are already some great low APR offers out there. Check out the truck deals.
Brands with High Inventory: As we outlined above, several popular car and truck brands have more than 90 days of market supply heading into May. Expect Ford, Jeep, Ram, Dodge, Hyundai, and Mazda to have the best deals due to high supply.
Gear Up for the Deals
This Memorial Day, CarEdge is your go-to resource for navigating these sales. Not only will we provide a one-stop resource for the best car sales, we’ll also share car market insights that you won’t find anywhere else. 👉 Bookmark this page and check back in early May to see what automakers have to offer!Head to this page for the best deals right now, no matter when you’re reading this.
Spring is usually a strong season for car sales, and automakers are feeling the pressure to move aging inventory as tariff uncertainty mounts. Even as some brands are making progress, others — like Ram, Nissan, and Infiniti — still have plenty of unsold vehicles. That means buyers can expect another round of aggressive financing offers, employee pricing programs, and big discounts on leftover models when May deals are announced.
Here are five automakers on track to offer the biggest discounts in May 2025.
Ram: Cash Savings > Employee Pricing
Ram’s inventory is stuck in neutral with over 144 days of supply. That’s twice the industry average of 74 days of supply in April 2025. Ram dealers still have more trucks than they can sell, including plenty of aging inventory:
117,992 Ram trucks remain on dealer lots, including 24,101 leftover 2024s.
Over 10,000 2024 Ram 2500s are still unsold.
Dealerships in the Interior West and Pacific Northwest have the highest supply of Ram trucks.
Ram’s “Freedom of Choice” program is back, offering buyers either employee pricing or traditional cash incentives. In most cases, employee pricing isn’t the better deal. In April, current lessees could get up to $10,500 off a 2025 Ram 1500, or $4,000 in brand loyalty cash on the 2024 Ram 2500.
Expect those same offers to continue in May — especially since inventory hasn’t budged. With tariffs already impacting Ram 2500s built in Mexico, there’s extra urgency to sell them now.
Ford is keeping the pressure on with its “From America, For America” employee pricing offer extended through May. And while the campaign helped lower inventory from 139 to 109 days of supply, Ford still has more to sell.
High supply remains for the Escape, Bronco, F-150, and Mustang Mach-E.
Ford dealerships in the Interior West, Pacific Northwest, and Southwest are most overstocked.
In April, Ford’s best APR offers were replaced by employee pricing. We expect some of the more conventional offers to return for May.
Even with employee pricing, shoppers should compare deals carefully. Some traditional APR offers or cash discounts may offer better savings than the flat-rate pricing Ford advertises. Here’s our full review of Ford’s employee pricing offer.
In recent months, Nissan’s financial struggles have been in the spotlight. Unless sales improve, Nissan could be headed for serious trouble. However, Nissan’s situation has improved in April, but they’re far from out of the woods. Inventory levels remain high enough to justify continued deals in May.
98-day supply of new Nissan vehicles.
7,200 leftover 2024 models still unsold.
High supply of the Altima, Pathfinder, and Frontier.
Nissan dealerships in Texas and the Western U.S. are the most overstocked.
Incentives are still aggressive. Expect low-APR offers (perhaps 0% APRs) on models like the Rogue and Altima, lease specials on the refreshed Armada and Murano, and clearance pricing on aging stock. And for fans of the discontinued Nissan Titan pickup, this is your last chance — just 399 new Titans remain on sale.
Infiniti has quietly become one of the most overstocked luxury brands. Nissan’s luxury nameplate is even making appearances on the list of slowest-selling cars today. With 131 days of supply, dealers are eager to make sales — especially on slow-moving models. Only Jaguar has slower-selling luxury cars right now.
The QX50, QX55, and QX80 are among the most overstocked.
April offers included 1.9% APR on several SUVs and up to $4,000 in cash savings on the QX80. We expect these deals to continue in May.
High inventory at dealerships in the Southeast, Midwest, and Pacific Northwest gives car buyers in these regions the upper hand in price negotiations.
While the QX60 is made in Tennessee, other Infiniti models built in Mexico and Japan may face price hikes. That makes May a good time to buy before those increases take effect.
Jeep’s Freedom of Choice employee pricing offer seems to be working — inventory dropped slightly in April — but it’s still 62% above the industry average.
120 days of supply heading into May.
20,297 leftover 2024 Jeeps still remain.
Jeep oversupply is highest in the Southwest, Interior West, and Pacific Northwest.
Expect Jeep to continue its low-APR financing and patriotic marketing through May. Whether you’re eyeing a Grand Cherokee, Gladiator, or Wagoneer, there’s still plenty of room to negotiate, especially on leftover 2024s.
May 2025 is shaping up to be a great month for car shoppers, especially if you’re flexible about the brand or model. Jeep, Nissan, Infiniti, Ram, and Ford are all under pressure to move vehicles quickly. That gives you the upper hand in negotiations.
For car buyers, that means:
Lower interest rates on financing deals
Hefty cash discounts on slow-selling models
More negotiability as dealers work to clear out old stock
🚗 Before you buy, make sure you’re getting the best deal possible. Use CarEdge’s Free Car Buyer’s Guide to compare offers, track inventory trends, and negotiate with confidence. We’re simply here to help!
Amid a volatile market and looming auto tariffs, a new consumer survey conducted by CarEdge reveals that most Americans are unwilling—or unable—to tolerate further increases in car prices and monthly payments. The Spring 2025 Car Buyer Survey, which gathered over 400 responses from prospective new and used car shoppers, shows just how sensitive demand is to monthly payment hikes.
Key Findings: New Car Buyers
Even without any additional price increase, 42% say they’ve already canceled their car purchase plans due to high prices.
65% of new car buyers say they would exit the market entirely if monthly payments rose by just 5%.
78% would be out if payments rose by 15%, and more than 83% would stop shopping entirely if payments climb 25%.
“These numbers make it clear: new car affordability is reaching a breaking point,” said Zach Shefska, Co-Founder and CEO of CarEdge. “If monthly payments increase even slightly, automakers are going to lose a huge chunk of their customer base.
From 2022 to 2024, incentives were increasing. Now, that trend is reversed, with incentives making up just 7% of the average transaction price. With auto loan rates averaging 9% APR for new cars, any decline in manufacturer incentives could spell trouble for buyers and sellers alike.”
Key Findings: Used Car Buyers
37% of used car shoppers report they’ve already given up on buying due to high prices.
Used car shoppers show similar price sensitivity, with 60% saying they’d be out of the market if prices rose 5%.
That figure climbs to 74% at a 15% price increase, and 82% of buyers say they’d walk away if payments rose 25%.
Income Breakdown: Even High Earners Are Walking Away
The latest CarEdge Car Buyer Survey highlights a striking reality: car buyers at all income levels are reaching their breaking point.
Lower income buyers are hit hardest: Among new car buyers with household incomes below $50,000, a staggering 51% have already canceled their purchase plans due to high prices.
For used car shoppers in the same income bracket, the figure is nearly identical at 49%.
Even middle-income households are feeling the pressure:
43% of new car shoppers earning $50,000–$100,000 have also exited the market.
37% of used car shoppers in this income range say they’ve given up their purchase plans.
And while some might assume high earners are unaffected by today’s car prices, the data says otherwise:
Higher-income households are slightly more resilient in the used market, but even among those earning $150,000 or more, 44% say they would be out of the market if used car prices rise by 5%.
Among households earning over $200,000 annually, 32% of prospective new car buyers say they’ve already walked away. In the used market, 25% of shoppers in this high-income bracket report the same.
While only 9% of all new car buyers said they wouldn’t change their plans regardless of price, that number jumps to 24% among households earning $150,000 or more.
“Car affordability impacts all households,” said Shefska. “Even six-figure earners are pushing back. That should be a wake-up call to automakers who have spent years increasing MSRPs and abandoning affordable (sub $25,000) vehicles.”
Across the board, households making over $100,000 per year are more price-sensitive than expected, with many drawing firm lines as affordability concerns mount. It’s not just new car shoppers who are reconsidering making a vehicle purchase. We see similar trends among used car buyers:
Shockingly, among households earning over $200,000 per year considering a used vehicle, one quarter say they’ve already canceled their purchasing plans. That’s the same percentage as those in the same income bracket who say they wouldn’t change their plans even if used car prices rose by 25%.
Market Implications
These findings come at a time when tariffs are threatening to push car prices even higher. The Trump administration’s recent pause on some trade duties does not include the automotive sector, where tariffs on imported vehicles remain in place.
“Any further price increases—whether from tariffs, panic buying, or other pressures—are likely to trigger a significant drop in demand,” noted Ray Shefska, CarEdge Co-Founder and used car sales veteran with 43 years of experience. “Automakers should think twice before pushing through further price hikes without offering offsetting incentives.”
The average new car transaction price is $47,962, according to Cox Automotive. A 5% increase in new car prices would send average transaction prices above $50,000 for the first time. Our data suggests that if that were to happen, 65% of would-be new car buyers would be out of the market.
Used Car Prices Are Not Immune
While the average used car is more affordable than a new one, used car prices are not insulated from the effects of rising new car prices. If tariffs or production constraints push new car prices even higher, many buyers will inevitably turn to the used car market—increasing demand and potentially driving up prices for pre-owned vehicles.
As of April 2025, the average used vehicle listing price stands at $25,180, well below the 2022 peak of over $28,000—but still high by historical standards.
“As demand shifts into the used market, we will see a second wave of price inflation,” Zach Shefska warned. “That could squeeze budget-conscious buyers even further and delay car ownership for many. We have already seen material price increases at dealer wholesale auctions, and we anticipate price increases to show up on the showroom floor quickly.”
About CarEdge
Founded in 2019 by father-and-son team Ray and Zach Shefska, CarEdge is a leading platform dedicated to empowering car shoppers with free expert advice, in-depth market insights, and tools to navigate every step of the car-buying journey. From researching vehicles to negotiating deals, CarEdge helps consumers save money, time, and hassle. Join the hundreds of thousands of happy consumers who have used CarEdge to buy their car with confidence. With trusted resources like the CarEdge Research Center, Vehicle Rankings and Reviews, and hundreds of guides on YouTube, CarEdge is redefining transparency and fairness in the automotive industry. Follow us on YouTube, TikTok, X, Facebook, and Instagram for actionable car-buying tips and market insights.Contact for Media Inquiries: [email protected] | www.CarEdge.com
States eligibile for below invoice pricing and 100% free delivery:
Alabama, Arkansas, Texas, Oklahoma, Florida, Georgia, Kentucky, Louisiana, Maryland, Delaware, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
What if I don’t live in these states? If you're outside these areas, don't worry! We're committed to making sure everyone can enjoy our deals. Although the delivery fee will not be waived, you can still purchase from CarEdge and either pay for shipping or coordinate pickup at a participating dealer.
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