Best Truck Deals for May 2026 (Memorial Day + Ongoing)
Full-size and mid-size truck incentives for May 2026: Memorial Day lease and cash programs, low-APR offers, and which trucks have the most room to negotiate.

May is historically one of the better months for truck deals. Memorial Day weekend is the industry's biggest spring sales event, and manufacturers front-load their best lease rates and cash programs to capture the traffic. Below is every current truck program worth knowing, organized by segment.
Programs run through May 31, 2026. Lease examples assume 36 months / 10,000 miles per year unless noted.
Full-size trucks: the headlines
Ford F-150
Ford's Employee Pricing For All program — the headline incentive of spring 2026 — continues through May 31 and delivers the most aggressive full-size truck deals on the market right now.
| Trim | Deal | Notes |
|---|---|---|
| XL SuperCrew 4x2 | $589/mo lease | $3,299 due at signing |
| XLT SuperCrew 4x4 | $649/mo lease | $3,499 due at signing |
| F-150 Lightning Standard Range | 0% APR / 60 mo | Plus $2,000 conquest cash for non-Ford trade-in |
| Lariat | class="relative z-10",500 customer cash + 2.49% APR / 60 mo | |
| King Ranch / Platinum | No lease/cash; conquest cash only | |
| Raptor | No current incentives | Expect MSRP |
Verdict: The F-150 XLT lease ($649/mo) is the best full-size truck lease deal available in May. The Lightning APR deal is the best EV truck financing available anywhere this month.
Chevrolet Silverado 1500
GM isn't matching Ford's program volume, but the Silverado has its own Memorial Day cash:
| Trim | Deal | Notes |
|---|---|---|
| WT Regular Cab | $3,000 customer cash | |
| LT Crew Cab 4x4 | $2,500 customer cash + 3.49% APR / 60 mo | |
| LTZ | $2,000 customer cash | |
| Trail Boss | class="relative z-10",500 customer cash | Limited inventory in many regions |
| High Country | No cash, 3.99% APR / 48 mo | |
| Silverado EV RST | 1.9% APR / 60 mo | Production limited; limited availability |
Verdict: The Silverado LT with $2,500 cash is the practical deal. GM's APR rates are less competitive than Ford's Employee Pricing structure this month, but cash-in-hand on a Silverado LT is legitimate savings.
Ram 1500
Stellantis has been running aggressive programs since Q1 to clear 2025 carry-over stock. May programs:
| Trim | Deal | Notes |
|---|---|---|
| Tradesman Quad Cab | $4,000 customer cash OR 0% APR / 48 mo | Can't combine cash + 0% |
| Big Horn / Lone Star | $3,500 customer cash OR 1.9% APR / 60 mo | |
| Rebel | $2,500 customer cash | |
| Laramie | $2,000 customer cash + 2.99% APR / 60 mo | |
| Limited | No cash; 3.49% APR / 60 mo | |
| TRX | No incentives | |
| Ram 1500 REV (EV) | 0% APR / 48 mo | Production volumes still limited |
Verdict: The Ram Tradesman's choice of $4,000 cash or 0% APR is the best raw deal in the full-size segment this month for fleet-adjacent buyers. On a $45,000 financed amount, 0% over 48 months saves approximately $3,700 in interest versus a typical 6.5% market rate. For most buyers, take the APR.
GMC Sierra 1500
GMC shares platforms with Silverado but typically carries less incentive. May programs:
| Trim | Deal | Notes |
|---|---|---|
| Pro / SLE | $2,000 customer cash | |
| SLT | class="relative z-10",500 customer cash + 3.49% APR / 60 mo | |
| AT4 / Denali | No customer cash | 3.99% APR / 48 mo |
Verdict: Sierra buyers get less cash than Silverado buyers this month. If you're cross-shopping Sierra vs Silverado and the programs matter, the Silverado is the better May deal.
Toyota Tundra
Toyota's programs remain limited as inventory stays tight in many regions:
| Trim | Deal | Notes |
|---|---|---|
| SR5 Crew Max | $500 conquest cash (non-Toyota trade-in only) | |
| TRD Off-Road | No cash; 3.49% APR / 60 mo | |
| Limited / Platinum | No incentives | Expect MSRP |
| Tundra Hybrid | No cash; 2.99% APR / 60 mo | Better than the gas APR |
| TRD Pro | No incentives | Above MSRP in some markets |
Verdict: Tundra is the weakest program in the full-size segment this month. The Tundra Hybrid APR deal is the one exception. If you're cross-shopping Tundra vs F-150 and the current pricing is a tie-breaker, the F-150's programs win.
Mid-size trucks
Ford Ranger
As noted in our Ranger vs Tacoma comparison, the Ranger is carrying Ford's best mid-size deal:
| Trim | Deal | Notes |
|---|---|---|
| XL SuperCrew | $392/mo lease | Employee Pricing For All; best mid-size lease in May |
| XLT | class="relative z-10",500 cash + 3.49% APR / 60 mo | |
| Lariat | $2,500 cash + 4.49% APR / 60 mo | |
| Raptor | No incentives | MSRP |
Toyota Tacoma
| Trim | Deal | Notes |
|---|---|---|
| SR / SR5 | ~$429/mo lease on Double Cab | Limited cash |
| TRD Sport | ~$499/mo lease on 36/10K | |
| TRD Off-Road | $750 conquest cash | |
| Trailhunter | No incentives | MSRP or above in some markets |
Chevy Colorado / GMC Canyon
Both GM mid-size trucks have light incentives this month:
| Model / Trim | Deal |
|---|---|
| Colorado LT | class="relative z-10",500 customer cash |
| Colorado Trail Boss | class="relative z-10",000 cash + 3.49% APR / 60 mo |
| Canyon Elevation | class="relative z-10",000 cash |
| Canyon AT4 | No cash; 3.99% APR |
How to use these numbers at the dealer
Don't lead with the incentive. Negotiate the vehicle price first — dealer cost, market adjustments, add-ons. Then apply the manufacturer incentive. The factory cash comes regardless of what the dealer charges for the vehicle itself; don't let the dealer use it to offset their own margin.
Compare cash vs APR programs. When a brand offers a choice (Ram is the clearest example), run the math for your situation. If you're putting 10–20% down and financing 60 months at market rate, the 0% APR usually wins. If you're putting 40%+ down, the cash may be more valuable.
Memorial Day pressure. Programs are scheduled to run through May 31. Some dealers will tell you the deal expires May 26 (the Monday of the holiday). The actual factory program continues through month-end. Confirm the factory incentive end date at your brand's official site before accepting urgency pressure.
For more context on specific models, see the F-150 vs Silverado comparison and the full Memorial Day deals roundup covering all categories.
Deal details change frequently. Always confirm terms with the dealer before purchase.
From the Buying Guide
Negotiating with dealers
OTD pricing, the email-only playbook, and the four dealer-side tricks to expect.
Read more →OTD price calculator
Verify the real total on any quoted deal before you sign.
Read more →Leasing primer
Money factor, residual, MSDs — the math that decides whether the headline number is real.
Read more →Related articles

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