Best New Car Deals for Memorial Day 2023
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 widely advertised. But the new-car market remains challenging this year due to the continued effects of the pandemic and the global microchip shortage. Yet there are still some good deals available now, if you 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 potential savings well 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 at least May 31.
You’re likely to see ads for other models, but they may have come up short in Consumer Reports’ testing. It is important that shoppers to do their research and not be swayed by the savings alone.
Learn more about car buying and pricing.
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: 10% Off
Chevrolet Blazer: 8% Off
Chevrolet Traverse: 7% Off
Dodge Charger: 7% Off
Mazda CX-9: 7% Off
Lincoln Corsair: 7% Off
Ford Edge: 7% Off
Ram 1500: 6% Off
Cadillac XT5: 6% Off
GMC Acadia: 6% 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.
