Memorial Day sales always bring the deals, but May 2025 arrived with some unique challenges. Following the tariff-induced buying spree of March and April, there are far fewer new cars on the lot right now. As new inventory tightens, automakers are targeting slower-selling models — and pricing them accordingly.

We’ve rounded up the best Memorial Day lease deals for 2025 based on manufacturer-advertised offers. As always, lease deals vary by region, credit score, and availability, and not all dealers participate. These offers expire no later than June 2, 2025.

Here are the best Memorial Day lease specials available in May 2025.

Memorial Day Lease Deals – Sedans

2025 Tesla Model 3

$349/month for 36 months with $0 down at signing with all incentives applied. 

The Model 3 is not just a great EV, it’s an excellent sedan with a very low cost to operate.  See offer details.

2025 Hyundai IONIQ 6 SEL

$199/month for 24 months with $3,999 down at signing
Offer includes $7,500 lease bonus applied.
One of the best EV lease deals available right now — sleek styling, long range resulting from extreme efficiency, and in May, an ultra-low cost. See offer details. 

Browse IONIQ 5 listings with local market insights

2025 Toyota Corolla LE

$219/month for 36 months with $3,999 due at signing
The Corolla remains a top pick for affordability, fuel efficiency, and reliability — and this lease makes it even more appealing. See offer details. 

Browse Toyota listings with local market insights

2025 Kia K4

$229/month for 24 months with $3,499 due at signing
Kia’s replacement for the Forte comes packed with major upgrades, from modern tech to head-turning styling. This price undercuts the competition, even in the budget sedan segment. See offer details.

Browse Kia listings with local market insights

2025 Hyundai Sonata SEL Sport

$269/month for 36 months with $3,499 due at signing
A midsize sedan with modern looks, good power, and comfort — for under $300/month? That’s a solid deal. See offer details.

Browse Sonata listings with local market insights

2025 Honda Accord LX

$279/month for 36 months with $3,699 due at signing
The Accord offers legendary resale value, a roomy interior, and great efficiency. This is a reliable choice at a fair monthly cost. See offer details.

Browse Accord listings with local market insights

Memorial Day SUV Lease Deals

2025 Buick Encore GX (FWD Preferred)

$296/month for 39 months with $0 due at signing
Returning lessees of 2020+ GM vehicles get one of the only $0-down leases this Memorial Day. Compact, upscale, and practical. See offer details.

Browse Buick listings with local market insights

2025 Chevrolet Equinox

$299/month for 36 months with $2,449 due at signing (current lessees)
Reliable, family-friendly, and freshly redesigned. A safe bet if you’re looking for a mainstream compact SUV. See offer details.

Browse Chevrolet listings with local market insights

2024 Jeep Grand Cherokee

$259/month for 24 months with $3,769 due at signing (current FCA lessees)
Still one of the best midsize SUV leases if you qualify. Great ride quality, upscale interior, and off-road ability. See offer details.

Browse Jeep listings with local market insights

2025 Kia Sportage Plug-In Hybrid X-Line AWD

$279/month for 24 months with $3,999 due at signing
A unique offering: all-wheel drive, plug-in hybrid range, and a stylish design — all for under $300/month. See offer details.

Browse Kia listings with local market insights

The Best Memorial Day Truck Lease Deals

2025 Toyota Tacoma SR5

$269/month for 36 months with $3,999 due at signing (select markets)
This deal is regional, but if it applies to your area, it’s one of the cheapest truck leases this May. Redesigned and more capable than ever. See offer details.

Browse Tacoma listings with local market insights

2025 Ram 1500 Big Horn Crew Cab (V6)

$369/month for 42 months with $4,519 due at signing (current FCA lessees)
A great deal on one of America’s top full-size trucks. If you qualify for loyalty and don’t mind a longer lease, it’s hard to beat. See offer details.

Browse Ram listings with local market insights

2025 GMC Sierra 1500 Crew Cab Elevation 4WD

$399/month for 24 months with $3,019 due at signing (current GM lessees)
Short-term lease on a well-equipped, full-size truck. However, beware the high cost of ownership for the Sierra 1500. Leasing is a great way to avoid steep depreciation. Limited to GM lessees. See offer details.

Browse Sierra listings with local market insights

2025 Toyota Tundra SR5

$489/month for 36 months with $4,999 due at signing (select markets)
Rare to see lease offers on the Tundra. High upfront, but lower monthly than a loan — great if you want a newer truck more often. See offer details.

Browse Tundra listings with local market insights

Memorial Day EV Lease Deals

2025 Tesla Model 3

$349/month for 36 months with $0 down at signing with all incentives applied. 

The Model 3 is the best-selling electric sedan for lots of reasons, including intuitive tech, fast charging, and the ease of locating one of Tesla’s thousands of Superchargers. In May, we can add affordability to the list of reasons to love the Model 3. See offer details.

2025 Kia Niro EV Wind

$129/month for 24 months with $3,999 due at signing
In terms of monthly payment, the Kia Niro EV is the most affordable lease on this list. However, the Niro EV isn’t as advanced or fast-charging as the Model 3 or IONIQ 6, so this may not be the best option for road trippers. If you’re EV-curious and qualify, this is an incredible value for getting around town with big fuel savings. See offer details.

Browse Kia listings with local market insights

2025 Hyundai IONIQ 5 SEL

$249/month for 24 months with $3,999 due at signing (with $7,500 lease bonus)
Award-winning design and charging speed — now at a great lease price. See offer details.

Browse IONIQ 5 listings with local market insights

2025 Chevrolet Equinox EV LT (2WD)

$289/month for 24 months with $2,399 due at signing (current lessees)
GM’s new EV crossover has been a hot seller, but with affordable lease offers like this, there must be plenty of inventory to sell. See offer details.

Browse Equinox EV listings with local market insights

2025 Subaru Solterra Premium

$249/month for 36 months with just $249 due at signing
You read that right. Subaru’s electric SUV comes with a near-zero upfront cost — extremely rare in today’s market. It doesn’t support fast charging, and its range falls short of class leaders, but with just a few hundred dollars due at signing, this is a deal worth a test drive. See offer details.

Browse Subaru listings with local market insights

Final Thoughts: Lease Smarter This Memorial Day

Whether you’re after an affordable sedan, SUV, or pickup, Memorial Day 2025 lease deals offer something for every driver — and every budget. But act fast: these offers expire by June 2, and lease incentives are always subject to availability and market demand.

Need help deciding what works best for you?

• Let us find your car, negotiate your price, and prepare the paperwork with CarEdge Concierge, or
  
• Compare local deals and market conditions with CarEdge Insights to find the best opportunities to save big.

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