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Ford’s Weak Memorial Day Sales Reveal a Struggling Automaker

Key Takeaways

  • Ford raised prices up to $2,000 on key models like the Mach-E and Maverick in May, citing tariffs and rising costs.

  • Despite having 44% more inventory than the market average, Ford is offering weaker Memorial Day incentives than GM and Stellantis.

  • Ford’s pricing and sales strategy suggest the automaker is under more pressure from tariffs than its major competitors.

As Memorial Day car sales heat up across the country, most automakers are pulling out all the stops to move inventory. Not Ford. While competitors like Chevrolet, Jeep, and Ram are offering thousands off in cash allowances and low-APR financing, Ford’s incentives are noticeably absent—or underwhelming at best. At the same time, Ford is raising prices on three of its most popular models, all while sitting on one of the highest inventories in the market.

It’s a bold move, and not a good sign.

New tariffs imposed by the Trump administration are beginning to ripple through the auto market, and Ford’s latest actions suggest it’s feeling the pressure more than most. From new price hikes to a disappointing Memorial Day sales strategy, the evidence is piling up: Ford is hurting.

Ford Raises Prices as Tariffs Hit Home

Effective May 2, Ford began raising prices on three of its most in-demand, Mexico-built vehicles: the Mustang Mach-E, Maverick, and Bronco Sport. The hikes—up to $2,000 on select trims—arrived just days after Ford warned investors that tariffs would add $2.5 billion in costs this year and suspended its earnings guidance.

A Ford spokesperson claimed the move was part of “usual” mid-year adjustments, “combined with some tariffs we are facing.” But calling this business-as-usual is a stretch. Ford is among the first major automakers to increase sticker prices in response to the tariffs, and it likely won’t be the last.

What’s especially notable is who hasn’t raised prices yet: General Motors. GM says it will also face billions in additional costs from tariffs, but so far, it has not raised MSRPs. That puts Ford in a uniquely precarious position—caught between bloated inventory and rising production costs, with few appealing offers to draw in buyers.

Ford’s Memorial Day Deals Fall Flat

Ford Memorial Day sales

Ford’s Memorial Day incentives are lackluster to say the least. In contrast to Chevrolet, Jeep, and Ram, which are offering steep discounts and compelling APR financing, Ford is mostly sticking to the basics during a prime time for selling cars. For shoppers hoping for big Memorial Day deals from the Blue Oval, it’s slim pickings.

Here’s how Ford’s incentives stack up against rival brands for top models:

Offers for the Ford F-150 are no where near the deals available for other full-size trucks.

APR OfferCash OfferLease Offer
F-150None advertisedEmployee pricing ($3,000 – $5,000 savings est.)Lease the XLT from $619/mo for 48 months with $5,388 due
Silverado 15000.9% APR for 60 months$3,500 cash allowanceLease the LT 2FL from $409/mo for 36 months with $5,289 due
Ram 15001.9% APR for 72 months$7,000 cash for FCA lessees, and employee pricing ($3,000 – $5,000 savings est.)Lease the Big Horn from $369/mo for 42 months with $4,519 due

The Explorer is Ford’s #2 seller, after the F-Series truck. The absence of lease specials and noteworthy cash offers is telling during a top month for incentives.

APR OfferCash OfferLease Offer
Ford Explorer5.9% APR for 72 monthsEmployee pricing ($2,000 – $4,000 savings est.)None advertised
Chevrolet TraverseNone advertisedNone advertisedLease from $429/mo for 24 months with $5,539 due
Jeep Grand Cherokee6.9% APR for 72 months$4,500 cash for FCA lessees, and employee pricing ($2,000 – $4,000 savings est.)Lease from $259/mo for 24 months with $3,769 due

The Chevrolet Blazer, GMC Terrain, and Jeep Compass all have better offers for Memorial Day.

APR OfferCash OfferLease Offer
Ford Bronco SportNone advertisedEmployee pricing ($2,000 – $3,000 savings est.)None advertised
GMC Terrain0.9% APR for 36 months$3,000 cashNone advertised
Chevrolet Blazer1.9% APR for 36 months$1,000 cashLease from $309/mo for 24 months with $3,399 due
Jeep Compass6.9% APR for 72 monthsEmployee pricing ($1,500 – $2,500 savings est.), & FCA owners get $2,000 bonus cashFCA lessees can lease from $279/mo for 42 months with $4,159 due

Chevrolet is looking to dominate Memorial Day SUV sales with 0% financing on last year’s Tahoe and Suburban models. Ford’s Expedition will be a serious underdog with GM’s May incentives. 

APR OfferCash OfferLease Offer
Ford ExpeditionNone advertisedEmployee pricing ($3,000-$5,000 savings est.), & $2,000 cashNone advertised
Chevrolet Suburban0% APR financing for 60 months (2024s)None advertisedLease from $879/mo for 39 months with $9,619 due
Chevrolet Tahoe0% APR financing for 60 months (2024s)None advertisedLease from $779/mo for 36 months with $10,359 due
Jeep Grand Wagoneer3.9% APR for 72 months (2024s)Employee pricing ($3,000-$5,000 savings est.), & $2,500 in cashNone advertised

The Ford Escape sells in great numbers — Ford sold 147,000 copies in 2024. This Memorial Day, competitors are looking to take back market share. With offers like this, they’re likely to succeed. 

APR OfferCash OfferLease Offer
Ford EscapeNone advertisedEmployee pricing ($1,500-$2,500 savings est.), & $3,000 cashNone advertised
Dodge Hornet0% APR for 72 monthsFCA lessees get $7,500 cashLease from $259/mo for 36 months with $4,469 due (for FCA lessees)
Chevrolet Equinox2.9% APR for 36 monthsNone advertisedLease from $299/mo for 36 months with $2,449 due
Toyota RAV44.99% APR for 60 monthsNone advertisedLease from $329/mo for 36 months with $3,999 due

Clearly, Ford’s offers pale in comparison to GM, Stellantis, and others. This isn’t a normal Memorial Day playbook—it’s a sign that Ford may not be in a position to offer better deals, even if it wants to.

Inventory Levels Signal a Bigger Problem

Ford’s pricing strategy becomes even more puzzling when you look at its inventory. As of early May 2025, the overall new car market has about 73 days of supply. Ford? 105 days. That’s 44% higher than average, with 496,328 new Ford vehicles sitting on dealership lots. Lincoln, Ford’s luxury arm, is in similar shape with 107 days of supply.

Any automaker with this much unsold inventory would normally be slashing prices, not raising them.

Let’s compare Ford’s inventory to its competitors. All numbers reflect Market Day Supply:

Only Jeep has more bloated inventory than Ford. This underscores just how much trouble Ford may be in.

What It All Means for Shoppers and the Industry

Ford’s latest moves—raising prices while letting inventory swell—paint the picture of an automaker caught off guard. While other brands use Memorial Day to clear out excess stock, Ford appears unable or unwilling to match their deals.

It’s not just a missed opportunity—it’s a warning sign.

Rising costs from tariffs are impacting the whole industry, but Ford’s early price hikes and weak incentive strategy show it may be struggling more than its peers. And if the 25% tariff on imported vehicles remains in place, analysts say the U.S. auto market could shrink by over 1 million vehicles a year. Ford’s aggressive pricing shifts could be a signal of what’s to come.

Final Thoughts

Ford’s Memorial Day playbook is unlike anything we’ve seen from the company in years—and not in a good way. The combination of rising prices, massive inventory, and timid incentives suggests Ford is under significant pressure. While other automakers are absorbing tariff-related costs or offering buyers compelling reasons to act now, Ford is sending mixed signals.

For shoppers, it’s a reminder to compare deals carefully. If you’re in the market for a new vehicle this Memorial Day, Ford might not be the best place to start.

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Last updated May 9, 2025

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