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Hyundai Incentives and Lease Deals for October 2019

October 2019 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.

October 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 Sonata. 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 October 2019

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2019 Hyundai Ioniq Electric$31,245$281Excellent
2019 Hyundai Sonata$26,845$253Excellent
2019 Hyundai Sonata Plug-in Hybrid$34,330$360Good
2020 Hyundai Santa Fe$26,995$290Good
2019 Hyundai Santa Fe$26,845$290Good
2020 Hyundai Elantra$19,880$214Good
2019 Hyundai Kona Electric$38,045$424Good
2019 Hyundai Elantra$19,130$214Okay
2019 Hyundai Tucson$24,445$277Okay
2019 Hyundai Sonata Hybrid$26,680$306Okay
2019 Hyundai Ioniq Hybrid$23,330$274Okay
2019 Hyundai Kona$22,895$273Okay
2019 Hyundai Santa Fe XL$31,995$380Okay
2019 Hyundai Veloster$19,430$230Okay
2019 Hyundai Ioniq Plug-in Hybrid$26,270$311Okay
2018 Hyundai Ioniq Plug-in Hybrid$26,270$311Okay
2020 Hyundai Veloster$19,530$240Okay
2020 Hyundai Palisade $32,645$421Poor
2020 Hyundai Veloster N $28,330$491Terrible

Best Hyundai Rebates for October 2019

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 Electric$1,500$1,500
2019 Hyundai Ioniq Hybrid$1,250$1,750
2019 Hyundai Ioniq Plug-in Hybrid$1,250$1,250
2019 Hyundai Kona$500$1,750
2019 Hyundai Santa Fe$1,500$2,750
2019 Hyundai Santa Fe XL$4,000$4,000
2019 Hyundai Sonata$2,750$3,000
2019 Hyundai Sonata Hybrid$1,750$1,750
2019 Hyundai Sonata Plug-in Hybrid$1,750$1,750
2019 Hyundai Tucson$2,000$2,750
2019 Hyundai Veloster$1,750$1,750
2020 Hyundai Elantra$1,250$1,500
2020 Hyundai Santa Fe$1,000$1,750
2020 Hyundai Veloster$1,000$1,000

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 October 2019

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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