Hyundai Incentives and Lease Deals for February 2012
Hyundai sales have been on fire, and for good reason - the carmaker continues to offer sweet incentives on cars that are generally priced below the competition.
The big problem for Hyundai shoppers right now is lack of inventory.
Shoppers are reporting difficulty finding a decent variety of colors and trims - especially on the 2012 Elantra models.
Yet Hyundai continues offering incentives such as $1,000 cash back on the 2011 Santa Fe and Veracruz, and up to $500 cash back on most of the remaining 2011 models including the Genesis, Geneis Coupe, Sonata, and Tucson.
Hyundai is also offering 0% to 2.9% financing on almost all 2011 and 2012 models.
As for lease deals, Hyundai has some great offerings such as $259/month with $2,699 down on the 2011 Genesis Coupe, $179/month with $1,999 down for the 2012 Elantra, and $169/month with $1,699 down for the Accent.
To make matters more complicated, industry analysts are expecting an incentives war to heat up during the first quarter of 2012. Will Hyundai increase their incentives to keep up with competitors or will they sit on the sidelines?
We're not sure at this point, but if Hyundai does increase incentives, inventory shortages are going to be a huge problem.
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