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Hyundai Continues Auto Lease Incentives Through April
Hyundai is promoting low auto loan rates, cash back incentives and auto lease deals on most new vehicles in April.
Hyundai is offering 0 percent auto loan rates again in April on its Genesis and Veracruz. New for April is the 0 percent rate on the 2011 version of the Genesis and Veracruz. Last month, it was only available on the 2010 version of these vehicles. The interest-free rate is good for 36 months. For up to 48 months, Hyundai is offering 0.9 percent on these models. The 2010 Veracruz’s 0 percent auto loan rate is good up to 48 months.
Hyundai’s auto loan rates on other vehicles in its lineup range from 0.9 to 2.9 percent in April on most 2010 and 2011 vehicles. These low auto loan rates are good on 36- and 48-month loans. Higher interest rates are still available if you prefer a longer auto loan. Hyundai is offering auto loans up to 72 months on most vehicles in April.
Related: How to Negotiate a Car Loan
Select Hyundai vehicles also have $500 or $1,000 in bonus cash in addition to their low auto loan rates in April. The bonus cash must be used toward your down payment when you finance through Hyundai Motor Finance.
The $14,830 2011 Hyundai Elantra can be leased for $169 a month in April.
Customer cash back is different from bonus cash, and Hyundai is allowing you to combine its 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 April on select vehicles.
Hyundai has nine auto lease deals in April. Most are 36 months long, but a few have a 24-month option. Monthly lease payments range from $169 for the 2011 Elantra to $739 for the 2011 Equus. You’ll need a couple thousand dollars at lease signing.
In April, Hyundai also has discounts for college graduates and members of the military.
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.