Hyundai is once again offering its low auto loan rate and cash incentives through September. Shoppers who qualify can purchase a new 2010 or 2011 Hyundai with 1.9, 2.9, 3.9 or 4.9 percent car loan rates this month, which vary depending on the length of the auto loan and the model.
The Accent, Elantra, Elantra Touring, Genesis, Genesis Coupe, Santa Fe, Sonata, Tucson and Veracruz are all available with the low car loan rates. The car loans are available up to 60 or 72 months, which allows you to stretch out your payments, making them lower each month. On top of the low interest rate, the 2010 Santa Fe has $500 in bonus cash, while the 2010 and 2011 Accent and 2010 Elantra have $1,000 in bonus cash. Hyundai says the bonus cash must be used toward your down payment.
Customer cash back is different from bonus cash, and while most automakers don’t allow you to combine cash back with a low auto loan rate incentive, Hyundai is allowing you on certain models. But the cash back incentive can’t be used with a lease incentive. Hyundai is offering cash back of $500 to $2,500 in September on select 2010 and 2011 models.
The 2010 Hyundai Elantra has an extra $1,000 for your down payment on top of 3.9 or 4.9 percent financing this month.
Hyundai’s auto leases are all 36 months long, except for the Elantra and Elantra Touring, which are only 24 months. Hyundai has lease incentives on its Elantra, Elantra Touring, Genesis, Genesis Coupe, Sonata, Tucson and Veracruz. Monthly lease payments range from $159 to $399 and you’ll need a couple thousand dollars at signing.
Hyundai is still offering its valued owner coupon and competitive owner coupons in September.
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.