Summer is only a few weeks away, which means family road trips are coming up. Additionally, a new convertible might look a lot better than being stuck in the office now that warm, sunny weather is here. Automakers tend to offer great car deals in May, and many dealerships heavily promote Memorial Day, hoping you’ll come to their showroom and take home a new vehicle. This month, automakers are offering interest-free financing, low interest rates, up to thousands in cash back incentives and low monthly lease payments. We compiled some of the best lease, cash back and finance deals to help you save money on your new vehicle this May.
Midsize car shoppers will find many lease deals with low monthly payments this May. The 2014 Ford Fusion is available for $129 to $199 a month for two to three years with $2,579 to $4,073 down, depending where you live. Mazda’s 2014 Mazda6 can be leased for $199 a month for three years with $1,999 to $2,359 due at signing. The 2014 Hyundai Sonata is $199 a month for three years with $2,199 down. Nissan’s 2014 Altima has a lease deal of $189 a month for three years with $1,999 to $2,699 down this May. The 2014 Subaru Legacy is $189 a month for three years with $1,989 due at signing.
Convertible shoppers should check out lease deals on models like the 2014 Mazda MX-5 Miata this month. The Sport trim with a manual transmission can be leased for $229 a month for three years with $2,999 due at signing. The Club trim with a manual transmission and a power retractable hardtop is $309 a month for three years with $2,999 down. Volkswagen’s 2014 Eos is available for $369 a month for three years with a $2,999 down payment. The 2014 BMW 428i Convertible can be leased for $479 a month for three years with $4,204 due at signing. The 2014 Lexus IS 250 C is $489 a month for 27 months with $4,719 down. The 2014 Mercedes-Benz SLK250 is available for $499 a month for three years with $4,459 due at signing.
If you’re in the market for a vehicle big enough for your family road trips, there are plenty of zero percent and low interest rate deals on minivans and three-row SUVs this May. Some even include cash incentives on top of the financing offer. The 2014 Honda Odyssey is available with 0.9 percent financing for three years or 1.9 percent for five years. The 2014 Chrysler Town & Country can be purchased with zero percent financing for five years, plus up to a $2,000 cash allowance. Kia’s 2014 Sedona is available with either $1,500 cash back or 0.9 percent financing for five years plus $1,000 cash. The 2014 Nissan Quest can be purchased this May with zero percent financing for three years, 0.9 percent for five years or 1.9 percent for six years, or buyers can choose $1,500 cash back. Toyota's 2014 Sienna is available with up to $2,500 cash back or zero percent financing for up to five years, depending where you live.
Three-row SUVs are also great for family getaways, and several have deals this month that will save you money. The 2014 Buick Enclave is being offered with $1,500 cash back or zero percent financing for five years. Chevrolet’s 2014 Tahoe can be purchased with zero percent financing for five years plus $1,000 bonus cash, or shoppers can take a $2,500 cash allowance. The 2014 Hyundai Santa Fe is available with either $750 cash or 2.9 percent financing for five years plus $750 cash. Ford’s 2014 Flex is being offered with zero percent financing for five years or $1,500 cash back this month.
Cash back deals are great if you’d rather pay cash or finance your new vehicle through your bank or credit union. Chevrolet is offering up to a $3,750 cash allowance on the 2014 Silverado 1500, $2,500 cash on the 2014 Suburban, Tahoe and Malibu and $2,000 cash on the 2014 Camaro and Traverse. Nissan is promoting up to $3,500 cash back on the 2014 Titan, $3,000 cash on the 2014 Maxima and $2,000 cash on the 2014 Murano. Hyundai is offering $2,500 cash on the 2014 Genesis and $2,000 cash on the 2014 Sonata this month.