Here are 5 of the Best Car Deals for May 2020

Car shopping has been on hold for many consumers since the beginning of the coronavirus pandemic but with international markets and businesses reopening, car buying is starting to pick back up. If you are looking to purchase a new car this month, we have gathered some of the coolest vehicles with attractive buying incentives right now. Keep in mind that additional deals might be available based on the state you live in. 

2020 Porsche 911

Starting price: $97,400

Purchase Incentive: 1.95% financing for 60 months, 90-day first payment deferral

If you have had your eye on getting a brand-new sportscar, now might be the right time to splurge on the classic Porsche 911. The Porsche 911 is considered as one of the best luxury cars you can buy. This model features a striking exterior, exceptional handling, grace, and power. It was also completely redesigned for 2020 to offer enhanced technology and potency.  The entry-level Carrera model has a 379-horsepower and 331 lb-ft of torque. 

2020 Dodge Challenger 

Starting price: $28,095

Purchase Incentive: Up to $7,970 in cashback, 90-first payment deferral

Dodge offers a pretty clever deal on its legendary Challenger. The carmaker will give you back $10 per horsepower on the Challenger with its Power Dollars program. The bigger the horsepower, the bigger the deal. The base model Challenger comes with a 305 hp and the top trim goes all the way up to a 797 hp. Another enticing offer here is the 0 percent financing option for 36 months which is available on all Challenger models except the SRT Hellcat versions.

2020 Volkswagen GTI

Starting price: $28,595

Purchase Incentive: 0% financing for 72 months, 120-day first payment deferral

Purchase incentives are a rarity on Volkswagen models like the GTI. The GTI is an exceptional hot hatch that’s versatile and powerful. This hatchback comes with a turbocharged 228-hp four-cylinder and manual transmission; the dual-clutch automatic is optional. The GTI is special because it uniquely blends predictability with fun.

2020 Kia Stinger

Starting price: $33,090

Purchase Incentive: 0% financing for 66 months, 120-day first payment deferral

The Kia Stinger is now one of the best small cars that offer luxury with a relatively affordable price tag. This car has two engine options: the standard 2-liter and the spunkier twin-turbo V6. The Stinger offers a pleasant driving experience and is complemented by a lush interior cabin. Car cabin features include delicate trimmings and easy-to-use in-car electronics. The safety and predicted reliability ratings are also high marks for the Stinger.  

2020 Chevrolet Equinox

Starting price: $23,800

Purchase Incentive: 0% financing for 84 months, 120-day first payment deferral

When it comes to comfort and style, the Chevy Equinox fits the bill. The safety and technology features also make the Equinox SUV special. It has a ton of advanced driver-assist features that come standard, including automatic emergency braking and a rear-seat reminder so you don’t forget important items. The infotainment system in this SUV is also nice and user-friendly and comes with a wifi hotspot.