21 Best American Cars To Shop For This Memorial Day Weekend
If you’re in the market for a new car this Memorial Day weekend, then you picked a good year to shop for one. Memorial Day has traditionally been a “hotbed” for great car deals, according to a recent blog on the CarEdge website. It will be even hotter in 2024 because of what’s been happening in the car market.
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The total U.S. supply of available unsold new vehicles stood at 2.77 million units at the beginning of April, according to the latest data from Cox Automotive. That represented a gain of 870,000 units from the previous year, or a whopping 46% increase.
The reason inventory is so much higher this year is because sales have slumped amid ongoing economic uncertainty, high interest rates and disproportionately high sticker prices for certain vehicles, CarEdge noted.
The upshot for car buyers is that dealers are offering promotions and deep discounts to move cars off the lot and make room for newer inventory. These dynamics mean you should find plenty of good deals on cars this Memorial Day weekend, including for U.S. brands.
“Manufacturers are under pressure to clear out 2023 models, four months into the new year,” CarEdge noted. “In late April, 300,000 of the nearly 3.1 million new cars for sale in America were 2022 or 2023 models … Memorial Day car sales are the manufacturer’s best chance to clear out the last of 2023’s remaining inventory. Expect crazy deals on these.”
Here are the 21 best American cars to shop for over Memorial Day weekend, based on deals reported by CarFax and Cars Direct.
Best Memorial Day Financing Deals on American Cars
Buick Encore GX: Memorial Day deals include a 0.9% annual percentage rate for 36 months plus no payment for 90 days, according to CarFax. Expires June 3.
Buick Enclave: Same Memorial Day deal as the Encore GX
Cadillac XT Series: Memorial Day deals include 3.9% APR for 48 months, plus up to $1,500 purchase allowance. Expires June 3.
Cadillac CT Series: Same Memorial Day deal as the XT series
Chevrolet Blazer: Memorial Day deals include 1.9% APR for 36 months plus no payments for 90 days. Expires June 3.
Chevrolet Equinox: Same Memorial Day deal as the Blazer
Chevrolet Silverado: Same Memorial Day deal as the Blazer
Chevrolet Trailblazer: Same Memorial Day deal as the Blazer
Chevrolet Silverado: Same Memorial Day deal as the Blazer
2024 Ford Edge SE: Memorial Day deals include 0% APR for 60 months. Expires July 8.
Ford Explorer: Memorial Day deals include 3.9% APR for 60 months. Expires July 8.
Ford Expedition: Same Memorial Day deal as the Explorer
Ford Mustang: Same Memorial Day deal as the Explorer
Ford Escape: Same Memorial Day deal as the Explorer
GMC Terrain: Memorial Day deals include 0.9% APR for 36 months, plus $1,500 bonus cash and no payments for 90 days. Expires June 3.
GMC Acadia AT4 (2023): Memorial Day deals include 1.9% APR for 36 months. Expires June 3.
GMC Sierra 1500: Memorial Day deals include 1.9% APR for 72 months, plus no payments for 90 days. Expires June 3.
Best Memorial Day Discount Deals on American Cars
Chrysler 300: Discount up to $2,750 off the manufacturer’s suggested retail price. The Chrysler 300 is going out of production after this year, and the automaker is offering all consumers a $2,000 cash bonus. S trim models with a V6 engine are eligible for up to $750 in additional discounts.
Dodge Durango: Discount up to $3,600 off MSRP. The national deal on a new 2023 Durango R/T with rear wheel drive is good for nearly $4,000 off of financing with Chrysler Capital.
Dodge Charger: Discount up to $6,700 off MSRP. This deal and certain cash offers vary by trim and by location, so CarsDirect recommends seeing your local dealer for deals in your area.
Dodge Challenger: Discount up to $6,750 off MSRP.
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