The 5 Best Presidents’ Day Car Deals in 2024

Many people wonder whether it’s the right time to buy a car as Presidents’ Day nears. The year-end sales have traditionally offered the best discounts. However, 2024 may be close to breaking that tradition. 

Due to an oversupply in new cars, all the attractive offers for financing, leases, and cashback have been extended into February. 

This makes Presidents’ Day one of the best times to buy a vehicle, but only if it’s done with this month’s specials. Here are the top 5 offers available to drivers who want to lease or finance a car this month.

The Best Presidents’ Day Financing Offers 2024

Nissan: 

• The 2023 Ariya EV shines with 0% APR for 72 months plus $1,000 in total savings. 
• The 2023 Titan and Titan XD for truck enthusiasts come with 0% APR for 60 months and $2,000 in actual savings.

Subaru: 

• 1.9% APR for 48 months: 2024 Subaru Outback

Hyundai: 

• The 2024 Tucson and 2023 Santa Fe are available at 0% APR for 36 months, with a bonus of $1,000 off MSRP.

Ford: 

• Finance a new 2023 F-150 at 1.9% APR (exclusive CarEdge offer)

Mazda: 

• This month, there’s a 0% APR offer for the 2024 CX-30 and the 2024 CX-50 (most trims). 
• The 2024 CX-5 qualifies for 0.9% APR (exclusive CarEdge offer)

The Best Presidents’ Day Lease Deals

Jeep Compass Latitude Lux 4×4 (2024): 

• Get a sign-and-drive lease for $399/month for 39 months, which includes a $1,500 loyalty incentive for returning Jeep lessees. 
• This exclusive offer is brought to you by CarEdge.

Dodge Hornet R/T AWD (2024): 

• Get a sign-and-drive lease for $449/month for 24 months with a $4,500 loyalty incentive for returning Dodge lessees. 
• CarEdge provides this exclusive offer.

Ram 1500 Quad Cab Night Edition 4×4 (2024): 

• Get a $3,000 loyalty incentive on your Ram lease and sign and drive for only $479/month for 42 months with the exclusive CarEdge offer.

Chevrolet Trax LS (2024): 

• Get a Sign-and-drive lease for just $359/month for 48 months with the exclusive CarEdge offer. 
• A second lease in the household is required.

Chevrolet Silverado 1500 2FL (2024): 

• Get a car with our exclusive CarEdge offer: Sign and Drive lease for $499/month for 36 months, requiring another lease in the household.

The Best Presidents’ Day Cash Discounts

GMC: 

• The 2023 or 2024 Sierra 1500 model has a cash incentive of up to $3250 with a trade-in. There are no payments for 90 days and 0.9% APR.

Ram: 

• The 2023 Ram 1500 Classic can be purchased at a 15% discount off the MSRP. All other 2023 Ram 1500s qualify for a $4,000 discount.

Hyundai: 

• New Hyundais are available at invoice pricing, which means significant savings below MSRP (exclusive CarEdge offer).

Hyundai: 

• Cash offers include $1,750 for the 2023 Sonata, $1,750 for the 2023 Santa Fe and $1,500 for the 2024 Tucson.

Chevrolet: 

• The 2024 Silverado 1500 offers either 2.9% APR for 72 months or a $5,000 total cash offer with a trade-in.

Is Presidents’ Day a Good Time to Buy a Car?

It’s worth noting that Presidents’ Day car deals in 2024 are particularly advantageous due to the excess supply of new vehicles in the market.

 This situation has prompted manufacturers to offer more attractive discounts, making it an excellent time to consider purchasing a new car. 

Surprisingly, many of the best deals from the previous year have carried over into the new year. However, if you plan to take advantage of the best offers, you may avoid paying high-interest rates, making it an expensive time to buy a car.