Hyundai Holidays Event Continues Low Auto Loan Rates Through DecemberBy Liz Opsitnik
Thursday, Dec 02 2010 16:55
Hyundai is offering low auto loan rates, auto loan bonus cash, cash back and discounted lease deals on most 2010 and 2011 models in December during its Hyundai Holidays event.
Hyundai's low auto loan rate incentives range from 1.9 to 4.9 percent on most 2010 and 2011 models in December. The 2010 Veracruz is available at 0.9 percent for up to 60 months. Auto loan rates vary depending on the model and length of the car loan. Hyundai's low car loan rate deals are available up to 60 or 72 months, which allows shoppers to stretch out their payments.
Select models in December also have $500 to $1,000 in bonus cash in addition to their low auto loan rates. The bonus cash must be used toward your down payment when you finance through Hyundai Motor Finance.
The $199 monthly lease incentive is still available in December on the 2011 Hyundai Sonata sedan for 36 months.
Customer cash back is different from bonus cash, and Hyundai is allowing you to combine the cash back with the low auto loan rate incentive on certain models. The cash back can't be used with a lease incentive though. Hyundai is offering cash back of $500 to $2,500 in December on select models.
Hyundai's December auto lease incentives are all 36 months long, except for the 2010 Elantra and 2011 Elantra Touring, which have a 24-month lease option. Monthly lease payments range from $159 to $399 and you'll need a couple thousand dollars at signing.
If you're interested in certified pre-owned Hyundai vehicles, the automaker is offering auto loan rates starting at 2.9 percent for up to 36 months on all 2006 to 2011 Hyundai certified pre-owned models for qualified buyers. If you need a longer auto loan, 3.9 percent is available for 37 to 48 months, 4.9 percent for 49 to 60 months or 5.9 percent for 61 to 72 months.
Incentives listed are for the southeast region. They may differ depending on where you live. Check Hyundai's site to find the incentives in your area.
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