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Hyundai Incentives and Lease Deals for January 2020

January 2020 Hyundai IncentivesHyundai sales have been a bit slow compared to other manufacturers, which is why Hyundai has stepped up its incentives game. They began offering large cash back rebates this year - after months of lease-only deals, with average incentives coming in at $2,000.

January offers a good opportunity for deals - there is up to $4,000 cash back on the 2019 Hyundai Santa Fe XL (down $500 from previous months).

When it comes to lease deals, the 2019 Hyundai Ioniq Electric has the best bang for your buck, followed by the Hyundai Ioniq Plug-in Hybrid. Hyundai is also offering loyalty and conquest bonus rebates of up to $1,000 on some models and also offering hidden rebates as high as $2,000 on the Equus and $1,000 on the Genesis. You'll want to avoid leasing the 2020 Hyundai Veloster N right now as it offers a poor lease deal.

Here are the maximum incentives available nationwide. (Note: incentives can vary greatly by region; these figures may not be accurate in your local area. Always verify with your local dealers) Tip: Be sure to use TrueCar and Edmunds Price Promise (They both have good pre-negotiated prices)

Hyundai Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Best Hyundai Lease Deals for January 2020

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2019 Hyundai Ioniq Electric$31,245$105Excellent
2019 Hyundai Ioniq Plug-in Hybrid$26,280$225Excellent
2020 Hyundai Elantra$19,880$212Good
2019 Hyundai Sonata Plug-in Hybrid$34,330$364Good
2020 Hyundai Santa Fe$26,995$291Good
2019 Hyundai Sonata$23,580$253Good
2019 Hyundai Santa Fe$26,845$291Good
2019 Hyundai Elantra$19,130$212Good
2019 Hyundai Tucson$24,445$275Okay
2019 Hyundai Kona Electric$38,045$428Okay
2019 Hyundai Sonata Hybrid$26,680$307Okay
2019 Hyundai Kona$22,895$263Okay
2020 Hyundai Tucson$24,445$285Okay
2019 Hyundai Ioniq Hybrid$23,330$274Okay
2020 Hyundai Kona Electric$38,045$448Okay
2020 Hyundai Sonata$24,330$288Okay
2019 Hyundai Veloster$19,430$228Okay
2020 Hyundai Kona$22,995$273Okay
2020 Hyundai Veloster$19,530$238Okay
2020 Hyundai Palisade$32,645$424Poor
2020 Hyundai Venue $19,545$318Terrible
2020 Hyundai Veloster N$28,330$471Terrible

Best Hyundai Rebates for January 2020

Vehicle Min Rebate Max Rebate
2019 Hyundai Accent$1,000$1,000
2019 Hyundai Elantra$1,750$2,250
2019 Hyundai Elantra GT$2,000$2,000
2019 Hyundai Ioniq Hybrid$1,250$1,750
2019 Hyundai Ioniq Plug-in Hybrid$2,250$3,250
2019 Hyundai Kona$500$2,000
2019 Hyundai Santa Fe$2,000$3,250
2019 Hyundai Santa Fe XL$4,000$4,000
2019 Hyundai Sonata$2,750$3,000
2019 Hyundai Sonata Hybrid$2,000$2,000
2019 Hyundai Sonata Plug-in Hybrid$2,000$2,000
2019 Hyundai Tucson$2,000$2,750
2019 Hyundai Veloster$1,750$1,750
2020 Hyundai Accent$750$750
2020 Hyundai Elantra$1,250$1,500
2020 Hyundai Elantra GT$1,000$1,000
2020 Hyundai Kona$1,000$1,250
2020 Hyundai Santa Fe$1,000$1,750
2020 Hyundai Tucson$1,500$2,250
2020 Hyundai Veloster$1,500$1,500
2020 Hyundai Veloster N$500$500

Hyundai Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Other Car Incentives for January 2020

My Recommendation for Car Shoppers

TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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Gregg Fidan

About: Gregg Fidan

Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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