Last updated May 20, 2024
Justin Fischer
As we approach Memorial Day weekend (May 25 – May 27), car shoppers have a golden opportunity to take advantage of significant discounts on SUVs and crossovers. Traditionally a hotbed for great car deals, 2024’s Memorial Day sales are shaping up to be especially big. This year, elevated levels of new car inventory and hefty floorplanning costs faced by dealers are creating the perfect storm for big bargains. It’s a buyer’s market! Here are the best Memorial Day SUV deals for May 2024.
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1 2024 Hyundai Palisade
2 2024 Jeep Grand Cherokee
3 2024 Kia EV6
4 Mazda SUVs
5 Subaru SUVs
6 2024 Volkswagen Taos
7 Tesla Model Y
8 Tired of Car Shopping? Let Us Do It For You
2024 Hyundai Palisade
Financing offer: 3.99% APR for 60 months
Cash offer: $1,250 cash savings
Lease offer: Lease the Palisade SEL from $379/month for 36 months with $3,999 due. See offer details.
The Hyundai Palisade is a favorite among families, offering a blend of comfort, space, and technology. Plus, it earns the ‘Top Safety Pick’ crash test rating from the IIHS. This Memorial Day, Hyundai is sweetening the deal with a competitive financing offer and a decent cash discount.
👉See Hyundai Palisade listings with the power of local market data
2024 Jeep Grand Cherokee
Financing offer: 6.9% APR for 72 months
Cash offer: $5,500 cash (conquest cash offer for owners of competitive brand vehicles)
Lease offer: Lease from $399/month for 36 months with $4,509 due. See offer details.
Jeep’s Grand Cherokee remains a top choice for those wanting rugged capability combined with luxury. This Memorial Day, Jeep is offering a conquest cash offer, making it an attractive option for owners of competitive brand vehicles. Despite the higher APR, the big cash discount can make this deal work. Check out the latest on Jeep reliability before you decide.
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2024 Kia EV6
Financing offer: 0% APR for 60 months.
Cash offer: $9,000 cash discount
Lease offer: Lease for $209/month for 24 months with $3,870 due. See offer details.
The Kia EV6 is one of the best electric vehicles on the market, combining fast charging with sporty looks, despite the family-sized interior. This Memorial Day, Kia is offering one of the best deals with 0% APR financing and a massive $9,000 cash discount. If you’re considering going electric, the EV6 is a compelling option with these generous incentives.
Not sure you want an EV for the long-term, or simply want to avoid depreciation? This EV6 lease offer is as good as it gets. Need a 3-row electric SUV? The all-new Kia EV9 qualifies for similarly great Memorial Day deals.
👉See Kia EV6 listings with the power of local market data
Mazda SUVs
Financing offer: 0% APR for 36 months for the 2024 Mazda CX-50, CX-30, CX-5, CX-90
Lease offer: Lease a 2024 Mazda CX-30 for 36 months for $199/month with $4,309 due at signing. See offer details.
Mazda’s lineup of SUVs is known for modern design and peppy driving dynamics. This Memorial Day, Mazda is offering 0% APR for 36 months across several models, including the CX-50, CX-30, CX-5, and CX-90. With attractive lease offers, particularly on the CX-30, Mazda provides excellent value for those seeking a fun-to-drive family SUV.
By the way, Mazda’s all-new CX-70 just arrived on dealer lots. Check them out here.
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Subaru SUVs
Financing offer: 2.9% APR for 72 months for the 2024 Outback, Forester, and 2.9% APR for 48 months for the 2024 Ascent. See offer details.
Subaru is a brand synonymous with reliability and all-wheel drive capability. This Memorial Day, Subaru is offering competitive financing rates on its popular SUV models, including the Outback, Forester, and Ascent. With 2.9% APR available for extended terms, Subaru provides a solid deal for those seeking a durable and capable SUV.
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2024 Volkswagen Taos
Financing offer: 0% APR for 60 months
Lease offer: Lease a 2024 Taos S for $229/month for 36 months with $3,999 due at signing. See offer details.
The Volkswagen Taos is a compact SUV that offers a premium feel at an affordable price. This Memorial Day, Volkswagen is offering 0% APR financing for 60 months, a rarity in today’s market. There’s also a stellar lease offer at just $229/month.
👉See VW Taos listings with the power of local market data
Tesla Model Y
Financing offer: 0.99% APR for up to 72 months
Lease offer: Lease from $399/month with $2,999 due at signing. See offer details.
The Tesla Model Y is the best-selling EV in America, and one of the top-selling luxury vehicles, period. Rarely does the EV behemoth offer huge incentives like this. For Tesla’s Memorial Day sale, Tesla is offering an impressive 0.99% APR financing rate for up to 72 months, along with attractive lease terms. The Model Y’s long range, over-the-air updates, and extensive Supercharger network make it a top contender for EV fans and newbies alike.
👉See used Tesla listings with the power of local market data
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