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Cars With the Largest Rebates
July 18, 2024
This week, I sifted through all of the incentives available nationwide on new models to see which ones are currently offering the largest cash-back rebates this month. We're finally starting to see a lot of large cash back incentives across the board as new car inventories have been increasing.
There are some vehicles that are offering cash back rebates up to $7,500 in some regions, such as the Genesis GV60
Keep in mind, however, these incentives are the maximum available nationwide. Your local region may not have these
same incentives or these may be applicable only to a specific trim or style, so check with your local dealers to
confirm.
As always, I recommend you use TrueCar No Haggle and CarsDirect
to quickly see the lowest lease prices you can
get on any of these vehicles in your local area.
Largest Cash Back Rebates
| Rank | Vehicle | Max Rebate | Location | Get Price |
|---|---|---|---|---|
| 1 | 2024 Genesis GV60 Electric | $7,500 | Nationwide | |
| 2 | 2024 Lexus RZ Electric | $7,500 | Nationwide | |
| 3 | 2023 Kia Niro EV Electric | $7,500 | Nationwide | |
| 4 | 2024 Kia EV9 Electric | $7,500 | Nationwide | |
| 5 | 2024 Hyundai Ioniq 6 Electric | $7,500 | Nationwide | |
| 6 | 2023 Kia EV6 Electric | $7,500 | Nationwide | |
| 7 | 2024 Hyundai Ioniq 5 Electric | $7,500 | Nationwide | |
| 8 | 2023 Ford F-150 Lightning Electric | $7,500 | Nationwide | |
| 9 | 2024 Genesis GV70 Electric | $7,500 | Nationwide | |
| 10 | 2024 Kia EV6 Electric | $7,500 | Nationwide | |
| 11 | 2023 Ford E-Transit | $7,500 | Nationwide | |
| 12 | 2023 Ford F-150 | $7,000 | West Coast | |
| 13 | 2024 Ram 1500 | $6,500 | Nationwide | |
| 14 | 2023 Ford Explorer Hybrid | $5,750 | Los Angeles | |
| 15 | 2024 Jeep Grand Cherokee L | $5,500 | Multiregion | |
| 16 | 2024 Kia Niro EV Electric | $5,000 | Nationwide | |
| 17 | 2024 Jeep Grand Cherokee | $5,000 | Multiregion | |
| 18 | 2024 Chevrolet Silverado 1500 | $4,750 | Nationwide | |
| 19 | 2024 Jeep Grand Cherokee 4xe Plug-in Hybrid | $4,000 | Detroit | |
| 20 | 2023 Ford Mach-E Electric | $3,000 | Multiregion | |
| 21 | 2024 Jeep Wrangler 4xe Plug-in Hybrid | $3,000 | Texas | |
| 22 | 2025 Ram 1500 | $3,000 | Southeast | |
| 23 | 2024 GMC Sierra 1500 | $2,750 | Multiregion | |
| 24 | 2023 Ford F-250 | $2,500 | Nationwide | |
| 25 | 2024 Mazda CX-50 | $2,500 | Nationwide | |
| 26 | 2023 Ford F-350 | $2,500 | Nationwide | |
| 27 | 2023 Ford F-450 | $2,500 | Nationwide | |
| 28 | 2024 Jeep Compass | $2,500 | Southeast | |
| 29 | 2024 Ford F-150 | $2,500 | Multiregion | |
| 30 | 2024 Chevrolet Malibu | $2,250 | Nationwide | |
| 31 | 2023 GMC Acadia | $2,000 | Multiregion | |
| 32 | 2024 Ford Expedition | $2,000 | Southeast | |
| 33 | 2024 Ford Bronco Sport | $2,000 | Pacific NW | |
| 34 | 2024 Ford Edge | $2,000 | Nationwide | |
| 35 | 2023 Lincoln Aviator | $2,000 | Nationwide | |
| 36 | 2024 Toyota Tundra i-FORCE MAX Hybrid | $2,000 | Nationwide | |
| 37 | 2024 Ford Mustang | $2,000 | Texas | |
| 38 | 2023 Ford Bronco | $2,000 | Nationwide | |
| 39 | 2024 Hyundai Santa Cruz | $2,000 | Nationwide | |
| 40 | 2024 Jeep Gladiator | $1,500 | Texas | |
| 41 | 2024 Hyundai Elantra Hybrid | $1,500 | Nationwide | |
| 42 | 2024 Mazda CX-90 | $1,500 | Multiregion | |
| 43 | 2024 Toyota Tundra | $1,500 | Multiregion | |
| 44 | 2024 Dodge Hornet | $1,500 | Multiregion | |
| 45 | 2024 Buick Enclave | $1,250 | Nationwide | |
| 46 | 2023 Mitsubishi Outlander PHEV Plug-in Hybrid | $1,000 | Nationwide | |
| 47 | 2023 Mitsubishi Outlander | $1,000 | Nationwide | |
| 48 | 2023 Fiat 500X | $1,000 | Nationwide | |
| 49 | 2024 Chevrolet Equinox | $1,000 | Nationwide | |
| 50 | 2024 Mitsubishi Outlander | $1,000 | Nationwide | |
| 51 | 2024 Mitsubishi Outlander PHEV Plug-in Hybrid | $1,000 | Nationwide | |
| 52 | 2024 Ford Escape Hybrid | $1,000 | Los Angeles | |
| 53 | 2024 Mini Countryman | $1,000 | Nationwide | |
| 54 | 2024 Jeep Wrangler | $1,000 | Texas | |
| 55 | 2024 Mini Clubman | $1,000 | Nationwide | |
| 56 | 2024 Mini Cooper | $1,000 | Nationwide | |
| 57 | 2024 Mazda Mazda3 | $1,000 | Nationwide | |
| 58 | 2024 Mazda CX-5 | $1,000 | Nationwide | |
| 59 | 2024 Mazda CX-30 | $1,000 | Nationwide |
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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
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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