McLEAN, Va. -

Just after reports of used-car deals and best lease offers for the holiday weekend came streaming in earlier this week, NADA released its own picks for top budget-friendly vehicles this Memorial Day Weekend.

According to NADA Used Car Guide, a trifecta of factors are impacting the market to create some impressive deals going into the holiday weekend: low interest rate financing, manufacturer-based incentives and strong trade-in values.

With credit readily available, manufacturers are offering buyers impressive financing rates. For example, NADA reported rates of zero to 19 percent are possible even in 60- to 72-month loan terms.

“This means buyers will pay relatively little over the lifetime of the loan when financing a new vehicle,” NADA UCG analysts asserted.

Furthermore, many OEMs are going the extra mile and adding cash allowances on top of special financing offers.

Exhibit A: GMC is offering zero percent APR for 60 months on its 2015 Sierra 1500 SLT pickup, plus an additional $2,000 cash allowance.

And NADA UCG echoed an analysis from Swapalease.com released Wednesday that stated lease options are impressive, as well.

NADA UCG pointed out shoppers can lease a 2015 Honda Civic LX sedan for just $149 per month, for 36 months, with a down payment of less than $1,900.

New-vehicle incentives ramped up by 6 percent in May on a monthly basis, according to NADA UCG data, and analysts expect this aggressive approach to continue over the course of the year. They also picked out the following deals being offered up by automakers for the Memorial Day holiday:

  • Acura is giving dealers $9,000 in cash incentives to put toward the sale of its underappreciated and technology-rich 2015 RLX sedan.
     
  • Chevy is putting $7,500 in cash incentives on the hood of 2015 Chevrolet Silverado models. Chevy is also giving 15 percent cash back on selected models that have been in stock the longest; as an example, this could mean up to $4,056 in cash savings on the brand's Equinox compact utility.  
     
  • Ford buyers who finance through Ford Credit can elect to defer their first payment for up to 90 days. The offer is good on any new light-duty Ford model, including the redesigned 2015 Mustang and F-150 pickup. Buyers can choose to save the cash, or put it toward summer vacation plans.
     
  • Hyundai is offering zero-percent financing for up to 75 months on the handsomely redesigned 2015 Sonata sedan. Similar to Ford, Hyundai is also offering a 90-day deferred payment option on all of its models.
     
  • Mazda is offering a 1.9 percent special finance rate for 72 months on 2015 Mazda3 and Mazda6 models. Both models underwent complete redesigns just a year ago, carry excellent visual appeal and their driving dynamics are among the best in class.

“With trade-in values still strong, interest rates incredibly low and gasoline prices $1 lower than last year, shoppers will have a tough time finding better conditions to buy new,” NADA UCG analysts said.