What Are the Best New-Car Deals for May 2020?

States may have started reopening businesses and public spaces as the COVID-19 pandemic continues to dominate the national discourse, but plenty of regions remain shuttered, with residents stuck at home. Consequently, the auto industry has adjusted to online sales to move vehicles. While overall new-car sales understandably collapsed in April, you still have options — and, it turns out, incentives on those options — when the pressing need for a new car arises.

Related: Coronavirus and Cars: Can I Buy a Car or Have One Repaired in My State?

For the most part, automakers are offering financing relief on payment options, but there are still a few cash deals to be had, too. Interested in which cars have the highest such discounts? Read on.

Buick Regal Sportback

2020 Buick Regal Sportback

How Much Cash Can I Save?

Anywhere from 12-19%, depending on trim level and options, for most examples. Now through June 1, GM’s semi-luxury brand is offering $5,500 off the slick-looking Regal Sportback for all but the base trim, called 1SV, which isn’t unusual for Buick.

What About Discount Financing?

Though Buick’s SUV lineup has a plethora of financing offers, none currently exists for the brand’s sole car.

What About the Regal TourX?

Interestingly, though Buick files the wagon variant of the Regal under SUVs and crossovers on its shopping site, there are also no discount financing options available for the TourX. Even so, you can still get a $5,500 discount on all but the base trim, just as you can with the Sportback. If you’re in the market for a value-oriented wagon, it may be worthwhile to investigate.

Ford EcoSport

2020 Ford EcoSport

How Much Cash Can I Save?

You’ll get anywhere from 7-11% off in most places, with as much as 20% off for some shoppers. Ford is offering $2,250 to $4,250 off the EcoSport, with the higher end of that reserved for those who finance with the automaker on slow-to-move inventory in certain regions. The good news is that the minimum $2,250 discount Ford is advertising covers all trim levels, so if you were eyeing the base trim, called S, that money still applies. The offer runs now through June 1.

What About Discount Financing?

Now through June 1, Ford is offering 0% financing for up to 72 months for qualified buyers. Additionally, under its Built to Lend a Hand program, eligible new-car buyers who finance through Ford Credit can have three months of payments covered by Ford, with an option to defer an additional three months.

Why Would I Buy an EcoSport Now?

If you’re looking for a car without much of a learning curve, the EcoSport’s cabin is about as straightforward as subcompact SUVs come. A tall seating position allows for good visibility, which is always helpful from a safety perspective, and a 4G LTE Wi-Fi hot spot is now standard, with all-wheel drive optional. But the class is an increasingly cluttered one, so be sure to shop competitors if saving money isn’t all you’re about.

Editor’s Choice: GMC Acadia

2020 GMC Acadia AT4

How Much Cash Can I Save?

Roughly 6-11%, depending on trim level. Now through June 1, GMC is offering $4,000 off all but the Acadia’s base trim level, called SL.

What About Discount Financing?

Now through June 1, qualified shoppers can get 0% financing for up to 84 months.

What’s the Advantage of Getting an Acadia?

What the mid-size Acadia lacks in cargo space, it makes up for in areas like technology and ride comfort. Currently in the fourth model year of its current generation, the Acadia got a number of updates for 2020, perhaps most crucially in the safety department — lane change alert with blind spot monitoring, rear cross-traffic alert and rear park assist are all standard now. If off-roading is your priority, the All Terrain Package was replaced by an AT4 edition that served to kick-start GMC’s sub-brand (in the same way that Denali is its luxury sub-brand). And, as ever, USB ports in all three rows are a selling point if your crew demands device charging.

More From Cars.com:

The Returnees

We focus on cars new to the list or ones we haven’t highlighted in the past few months. But a few cars from recent months still carry deep discounts in May:

How We Look for Deals

To look for May deals during the coronavirus pandemic, we surveyed relatively popular models for advertised factory cash discounts and low-interest-rate financing offers that are especially high for the price of the car. After all, $3,000 is a lot more on a Ford Escape than a Ford Expedition.

Incentives data come from automakers’ websites. Remember, our numbers are current as of publication for the markets we survey (generally Atlanta, Chicago, Denver, Houston, Los Angeles and New York). They reflect advertised customer discounts, not unadvertised factory-to-dealer cash. Discount financing typically requires qualifying credit, too, and incentives may vary by region and trim level; automakers may also change them later in the month. In sum: Your discounts may vary, so check with your local dealer for specifics.

Cars.com’s Editorial department is your source for automotive news and reviews. In line with Cars.com’s long-standing ethics policy, editors and reviewers don’t accept gifts or free trips from automakers. The Editorial department is independent of Cars.com’s advertising, sales and sponsored content departments.

 
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