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Best Used Car Incentives for May
May 22, 2014
Memorial Day is just a few days away, and as the unofficial start of summer there's usually some great deals on used certified pre-owned vehicles. US News & World Report's Best Cars Blog has the low-down on some of these deals.Most of the used car incentives are in the form of low interest finacing, raning from 0% to 2.99% - for example, Cadillac is offering 0% financing on all CPO (certified pre-owned) models until June 2, while Nissan has 0% financing for 36 months on all CPO models. Nissan also has $500 cash back on some models, which is rare for used vehicles.
If you're considering buying a used car, you may also want to check out prices on the new versions, just to make you're not missing out on a great deal. I recommend using TrueCar No Haggle and CarsDirect to see the lowest prices on any new vehicle.
Current Incentives on Used Vehicles
Manufacturer | Financing | Term (Months) | Models | Expiration |
---|---|---|---|---|
Audi | 1.9%-2.9% | 72 | 2009-2014 CPO models | 07/01/14 |
BMW | 1.9% | N/A | All 2011 CPO models | 06/02/14 |
Buick | 1.9% | N/A | CPO Buick LaCrosse Models | 06/02/14 |
Cadillac | 0% | N/A | All CPO models | 06/02/14 |
Chevrolet | 1.9% | N/A | CPO Cruze, Equinox, Malibu; 2014 Impala | 05/30/14 |
Ford | 2.9% | N/A | All CPO models | 05/31/14 |
Infiniti | 0.9% | 36 | All CPO models | 06/30/14 |
Jaguar | 0.9%-3.9% | 24-72 | Most 2009-2014 CPO models | 06/30/14 |
Land Rover | 0.9%-3.9% | 24-60 | Most 2009-2014 CPO models | 06/30/14 |
Lincoln | 1.9% | 48 | All CPO models | 07/07/14 |
Mazda | 0.9% | N/A | Select 2011-2014 CPO models | N/A |
Mercedes-Benz | 2.99% | 66-72 | Select 2010-2011 CPO modes | 06/02/14 |
MINI | 0.9%; 1.9% | 60 | 2011 CPO models; 2012 CPO models | 06/02/14 |
Nissan | 0% | 36 | All CPO models; $500 cash on CPO Rogue, Maxima, Altima, Sentra | 06/30/14 |
Subaru | 0.99% | N/A | All 2011-2014 CPO models | 06/02/14 |
Toyota | 2.9% | 60 | Many CPO models | 08/04/14 |
Volkswagen | 0.9%; 1.79% | 36; 60 | 2013-2014 CPO models; all other CPO models | 06/30/14 |
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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
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