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Best Car Deals & Incentives for May

Incentives have increased in May compard to April each of the last four years. This week, Cars.com and Kelly Blue Book took a look at the current offers and released their list of what they consider the best car deals for May.

KBB looked at deals available on vehicles for the entire month of May (most of these deals should be available through summer as well), while Cars.com looked at the 100 most popular vehicles and calculated which ones have the most inventory available coupled with the largest incentives.

As always, if you're shopping for a new car right now, I recommend you use TrueCar No Haggle and CarsDirect to quickly see what kind of deals are being offered in your area.

KBB Best Lease Deals

RankYearMakeModel MSRPKelley Blue Book® Fair Purchase Price3Lease Term (months)Monthly Payment4Amount Due at Signing
12016AcuraILX$30,840$26,89236 months$219/month$2,499 down
22016BuickEnclave$39,990$37,69939 months$331/month$1,831 down
32016FordFusion$24,960$22,80836 months$189/month$1,999 down
42016ToyotaCorolla$20,900$19,02336 months$149/month$1,999 down
52016LexusGS 200t$46,565$43,77136 months$399/month$2,299 down
62016ChevroletTrax$23,540$22,48339 months$199/month$1,619 down

KBB Best Car Deals in May

RankYearMakeModel MSRPKelley Blue Book®
12015Fiat500 Abarth$23,295$21,152
22015NissanVersa Note$16,265$14,692

Cars.com Best Car Deals in May

Ford Fiesta$1,000 cash back0 - 2.9%
Hyundai Sonata$1,000 - $2,250 cash back0 - 2.9%
Jeep Cherokee$500 - $2,500 cash back 
Ford Escape$250 - $2,000 cash back0 - 2.9%

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

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...

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About The Author

Gregg Fidan 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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