If you’re looking for a deal on a vehicle, long holiday weekends such as Memorial Day are typically good times to shop.
U.S. News & World Report recently listed some of the best car deals for this Memorial Day weekend. People looking for a deal may find better financing terms and/or cash back bonuses now than at other times of the year.
But make sure to read this article to the end. Money expert Clark Howard explains why things have changed — a lot — in the car buying process.
Looking for a New Vehicle? Check Out These Memorial Day Car Deals
These 2021 models include an array of SUVs, compact cars and more, but dealers near you may have other models for a bargain.
U.S. News & World Report says the deals are all valid through at least May 31, 2021.
Here Are the Best Car Deals for Memorial Day
|Chevrolet Silverado 1500||$4,000 cash back|
|Hyundai Elantra||0% financing for 60 months plus
$500 bonus cash and no payments for 90 days
|Kia Sportage||0% financing for 66 months|
|Mazda CX-9||0% financing for 60 months|
|Ram 1500||0% financing for 72 months|
|Subaru Ascent||0% financing for 63 months|
Important Information To Know Before You Buy a Car in 2021
“This is not the year to buy a vehicle, new or used,” says money expert Clark Howard. “If you can at all avoid it, don’t replace your car. Keep your current car. The market is so terribly distorted right now.”
The COVID-19 pandemic has affected vehicle production worldwide, and that has affected prices.
For more information on buying a car in 2021, read Team Clark’s deep dive into Clark’s unprecedented warning and the times of year when you may find a deal if you really need a new vehicle.