Best Car Deals in May 2024

Spring is in full bloom, and so are the car deals. In May 2024, automakers are offering competitive deals on new cars, trucks, SUVs, and vans to entice buyers. For the best deals, check out the list of new-car rebates, incentives, and discounted loan finance rates below.

We’ve grouped them into five main types:

• Cash offers. These are available to nearly everyone and can apply to a purchase or a lease.
• Customer loyalty cash offers. These are available to people who already own or lease a model produced by the automaker offering the incentive. They are usually applicable to a loan or a lease.
• Conquest cash offers. These are available to people who own or lease a model produced by a rival automaker. They are generally applicable to a loan or a lease.
• Discounted financing rates. These are typically available to people with excellent credit who obtain a loan through a specific financial institution.
• Federal income tax credit for electric vehicles. This is typically available to anyone who qualifies for the federal tax credit and purchases an eligible vehicle. With leases, automakers will often find a way to apply this amount as an incentive to lower the lease payments on models that otherwise would be ineligible for the credit.

Below is a summary of the best new car deals in May 2024 listed alphabetically by brand. The information was as complete and accurate as possible on May 3, 2024. We strongly recommend visiting the automaker’s website or your local dealership for more details and clarification.

Acura - Find the best Acura deals!

This month, the best Acura deals in May 2024 include:

• Customer loyalty cash offers of up to $2,000
• Conquest cash offers of up to $1,000 to owners of competitive models
• Discounted financing rates as low as 3.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle (PHEV) or electric vehicle (EV)

The deals vary by model, may change at any time, and may expire at any time. See the Acura website or your local dealership for more details.

Alfa Romeo - Find the best Alfa Romeo deals!

This month, the best Alfa Romeo deals in May 2024 include:

• Cash offers of up to $1,750
• Customer loyalty cash offers of up to $500
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Alfa Romeo website or your local dealership for more details.

Audi - Find the best Audi deals!

This month, the best Audi deals in May 2024 include:

• Cash offers of up to $10,000
• Discounted financing rates as low as 0.99 % APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Audi USA website or your local dealership for more details.

BMW - Find the best BMW deals!

This month, the best BMW deals in May 2024 include:

• Cash offers of up to $9,900
• Customer loyalty cash offers of up to $5,000
• Conquest cash offers of up to $1,000 to owners of competitive models
• Discounted financing rates as low as 3.99% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the BMW USA website or your local dealership for more details.

Buick - Find the best Buick deals!

This month, the best Buick deals in May 2024 include:

• Cash offers of up to $3,500
• Conquest cash offers of up to $750 to owners of competitive models
• Discounted financing rates as low as 0.9% APR

The deals vary by model, may change at any time, and may expire at any time. See the Buick website or your local dealership for more details.

Cadillac - Find the best Cadillac deals!

This month, the best Cadillac deals in May 2024 include:

• Cash offers of up to $1,250
• Customer loyalty cash offers of up to $1,500
• Conquest cash offers of up to $3,000 to owners of competitive models
• Discounted financing rates as low as 3.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Cadillac website or your local dealership for more details.

Chevrolet - Find the best Chevrolet deals!

This month, the best Chevy deals in May 2024 include:

• Cash offers of up to $5,750
• Customer loyalty cash offers of up to $750
• Discounted financing rates as low as 1.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Chevrolet website or your local dealership for more details.

Chrysler - Find the best Chrysler deals!

This month, the best Chrysler deals in May 2024 include:

• Cash offers of up to $2,750
• Discounted financing rates as low as 6.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Chrysler website or your local dealership for more details.

Dodge - Find the best Dodge deals!

This month, the best Dodge deals in May 2024 include:

• Cash offers of up to $5,750
• Discounted financing rates as low as 6.9% APR
• Up to $3,750 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Dodge website or your local dealership for more details.

Fiat - Find the best Fiat deals!

This month, the best Fiat deals in May 2024 include:

• Cash offers of up to $2,500
• Discounted financing rates as low as 1.9% APR

The deals vary by model, may change at any time, and may expire at any time. See the Fiat USA website or your local dealership for more details.

Ford - Find the best Ford deals!

This month, the best Ford deals in May 2024 include:

• Cash offers of up to $12,500
• Conquest cash offers of up to $1,500 to owners of competitive models
• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Ford website or your local dealership for more details.

Genesis - Find the best Genesis deals!

This month, the best Genesis deals in May 2024 include:

• Customer loyalty cash offers of up to $3,000
• Conquest cash offers of up to $3,000 to owners of competitive models
• Discounted financing rates as low as 2.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Genesis website or your local dealership for more details.

GMC - Find the best GMC deals!

This month, the best GMC deals in May 2024 include:

• Cash offers of up to $2,750
• Customer loyalty cash offers of up to $2,500
• Discounted financing rates as low as 0.9% APR

The deals vary by model, may change at any time, and may expire at any time. See the GMC website or your local dealership for more details.

Honda - Find the best Honda deals!

This month, the best Honda deals in May 2024 include:

• Customer loyalty cash offers of up to $1,250
• Conquest cash offers of up to $1,000 to owners of competitive models
• Discounted financing rates as low as 1.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Honda website or your local dealership for more details.

Hyundai - Find the best Hyundai deals!

This month, the best Hyundai deals in May 2024 include:

• Cash offers of up to $2,500
• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Hyundai USA website or your local dealership for more details.

Infiniti - Find the best Infiniti deals!

This month, the best Infiniti deals in May 2024 include:

• Cash offers of up to $4,000
• Customer loyalty cash offers of up to $1,500
• Conquest cash offers of up to $1,000 to owners of competitive models
• Discounted financing rates as low as 0.9% APR

The deals vary by model, may change at any time, and may expire at any time. See the Infiniti USA website or your local dealership for more details.

Jaguar - Find the best Jaguar deals!

This month, the best Jaguar deals in May 2024 include:

• Discounted financing rates as low as 2.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Jaguar USA website or your local dealership for more details.

Jeep - Find the best Jeep deals!

This month, the best Jeep deals in May 2024 include:

• Cash offers of up to $8,000
• Customer loyalty cash offers of up to $2,000
• Discounted financing rates as low as 3.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Jeep website or your local dealership for more details.

Kia - Find the best Kia deals!

This month, the best Kia deals in May 2024 include:

• Cash offers of up to $750
• Customer loyalty cash offers of up to $500
• Discounted financing rates as low as 1.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Kia USA website or your local dealership for more details.

Land Rover - Find the best Land Rover deals!

This month, the best Land Rover deals in May 2024 include:

• Customer loyalty cash offers of up to $3,000
• Discounted financing rates as low as 3.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Land Rover USA website or your local dealership for more details.

Lexus - Find the best Lexus deals!

This month, the best Lexus deals in May 2024 include:

• Cash offers of up to $22,500
• Customer loyalty cash offers of up to $1,500
• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Lexus website or your local dealership for more details.

Lucid

This month, the best Lucid deals in May 2024 include:

• Cash offers of up to $5,000
• Discounted financing rates as low as 2.99% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Lucid website or your local dealership for more details.

Lincoln - Find the best Lincoln deals!

This month, the best Lincoln deals in May 2024 include:

• Cash offers of up to $3,000
• Discounted financing rates as low as 1.9% APR
• Up to $3,750 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Lincoln website or your local dealership for more details.

Maserati - Find the best Maserati deals!

This month, the best Maserati deals in May 2024 include:

• Conquest cash offers of up to $15,000 to owners of competitive models
• Discounted financing rates as low as 3.99% APR

The deals vary by model, may change at any time, and may expire at any time. See the Maserati USA website or your local dealership for more details.

Mazda - Find the best Mazda deals!

This month, the best Mazda deals in May 2024 include:

• Cash offers of up to $1,500
• Customer loyalty cash offers of up to $2,500
• Conquest cash offers of up to $1,000 to owners of competitive models
• Discounted financing rates as low as 0% APR

The deals vary by model, may change at any time, and may expire at any time. See the Mazda USA website or your local dealership for more details.

Mercedes-Benz - Find the best Mercedes-Benz deals!

This month, the best Mercedes-Benz deals in May 2024 include:

• Customer loyalty cash offers of up to $5,000
• Discounted financing rates as low as 4.9% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Mercedes-Benz USA website or your local dealership for more details.

Mini - Find the best Mini deals!

This month, the best Mini deals in May 2024 include:

• Discounted financing rates as low as 2.99% APR
• Up to $10,900 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Mini USA website or your local dealership for more details.

Mitsubishi - Find the best Mitsubishi deals!

This month, the best Mitsubishi deals in May 2024 include:

• Cash offers of up to $1,000
• Customer loyalty cash offers of up to $1,000
• Discounted financing rates as low as 0% APR

The deals vary by model, may change at any time, and may expire at any time. See the Mitsubishi Cars website or your local dealership for more details.

Nissan - Find the best Nissan deals!

This month, the best Nissan deals in May 2024 include:

• Cash offers of up to $2,000
• Customer loyalty cash offers of up to $1,500
• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Nissan USA website or your local dealership for more details.

Polestar

This month, the best Polestar deals in May 2024 include:

• Cash offers of up to $2,100
• Discounted financing rates as low as 1.99% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Polestar US website or your local dealership for more details.

Porsche - Find the best Porsche deals!

This month, the best Porsche deals in May 2024 include:

• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Porsche USA website or your local dealership for more details.

Ram - Find the best Ram deals!

This month, the best Ram deals in May 2024 include:

• Cash offers of up to $8,750
• Customer loyalty cash offers of up to $3,000

The deals vary by model, may change at any time, and may expire at any time. See the Ram Trucks website or your local dealership for more details.

Rivian

This month, the best Rivian deals in May 2024 include:

• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Rivian website or your local dealership for more details.

Subaru - Find the best Subaru deals!

This month, the best Subaru deals in May 2024 include:

• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Subaru website or your local dealership for more details.

Tesla - Find the best Tesla deals!

This month, the best Tesla deals in May 2024 include:

• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Tesla website or your local dealership for more details.

Toyota - Find the best Toyota deals!

This month, the best Toyota deals in May 2024 include:

• Cash offers of up to $2,000
• Customer loyalty cash offers of up to $3,000
• Discounted financing rates as low as 0% APR
• Up to $11,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Toyota website or your local dealership for more details.

Volkswagen - Find the best Volkswagen deals!

This month, the best Volkswagen deals in May 2024 include:

• Cash offers of up to $2,500
• Discounted financing rates as low as 0% APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Volkswagen website or your local dealership for more details.

Volvo - Find the best Volvo deals!

This month, the best Volvo deals in May 2024 include:

• Cash offers of up to $7,500
• Customer loyalty cash offers of up to $1,000
• Discounted financing rates as low as 4.99 % APR
• Up to $7,500 for the purchase or lease of a plug-in hybrid electric vehicle or electric vehicle

The deals vary by model, may change at any time, and may expire at any time. See the Volvo Cars US website or your local dealership for more details.

Jeff Youngs has over 25 years of experience in the auto industry, including 19 years with JD Power in marketing and editorial management roles. He also spent nearly six years as a media relations pro with General Motors. As a freelance automotive journalist, his work has appeared on JDPower.com, CarGurus, Kelley Blue Book, Autotrader, Autolist, and iSeeCars.

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