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, CarsDirect and NADAGuides 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

My Recommendation for Car Shoppers

TrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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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