Hyundai Incentives and Lease Deals for July 2020
Hyundai is now offering 90-day payment deferrals on your first payment, and a Job Loss Program that will cover 6 months of payments if you lose your job due to coronavirus cutbacks. Sales had been a bit slow compared to other manufacturers already, which is why Hyundai had 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 $1,900.
July offers a good opportunity for deals - there is up to $3,250 cash back on the 2020 Hyundai Santa Fe and 2019 Hyundai Ioniq Plug-in Hybrid (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 RydeShopper (They both have good pre-negotiated prices)
Hyundai Dealers With the Lowest Prices
Best Hyundai Lease Deals for July 2020
| Vehicle | Monthly Payment / $0 Down | ||
|---|---|---|---|
| MSRP | Payment | Value | |
| 2019 Hyundai Ioniq Electric | $31,245 | $105 | Excellent |
| 2019 Hyundai Ioniq Plug-in Hybrid | $26,270 | $174 | Excellent |
| 2020 Hyundai Ioniq Electric | $34,020 | $264 | Excellent |
| 2019 Hyundai Sonata Plug-in Hybrid | $34,330 | $269 | Excellent |
| 2020 Hyundai Ioniq Plug-in Hybrid | $27,475 | $257 | Excellent |
| 2020 Hyundai Elantra | $20,275 | $190 | Excellent |
| 2020 Hyundai Santa Fe | $27,415 | $267 | Excellent |
| 2020 Hyundai Tucson | $24,670 | $252 | Good |
| 2020 Hyundai Sonata | $24,555 | $255 | Good |
| 2019 Hyundai Kona Electric | $38,045 | $399 | Good |
| 2020 Hyundai Kona | $22,840 | $241 | Good |
| 2019 Hyundai Sonata | $23,580 | $253 | Good |
| 2020 Hyundai Sonata Hybrid | $28,725 | $317 | Good |
| 2019 Hyundai Tucson | $24,445 | $275 | Okay |
| 2020 Hyundai Kona Ev Electric | $38,330 | $431 | Okay |
| 2019 Hyundai Sonata Hybrid | $26,680 | $307 | Okay |
| 2019 Hyundai Elantra Gt | $21,380 | $249 | Okay |
| 2020 Hyundai Ioniq Hybrid | $24,175 | $282 | Okay |
| 2019 Hyundai Ioniq Hybrid | $23,330 | $274 | Okay |
| 2020 Hyundai Veloster | $19,755 | $239 | Okay |
| 2020 Hyundai Palisade | $34,815 | $430 | Okay |
| 2020 Hyundai Veloster N | $28,575 | $480 | Terrible |
Best Hyundai Rebates for July 2020
| Vehicle | Min Rebate | Max Rebate | 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 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 | 2020 Hyundai Accent | $1,000 | $1,000 | 2020 Hyundai Elantra | $1,250 | $2,000 | 2020 Hyundai Elantra Gt | $1,000 | $1,000 | 2020 Hyundai Ioniq Hybrid | $1,000 | $1,000 | 2020 Hyundai Ioniq Plug-in Hybrid | $1,500 | $1,500 | 2020 Hyundai Kona | $2,000 | $2,250 | 2020 Hyundai Santa Fe | $2,000 | $3,250 | 2020 Hyundai Sonata | $1,000 | $1,500 | 2020 Hyundai Sonata Hybrid | $1,000 | $1,000 | 2020 Hyundai Tucson | $1,750 | $2,000 | 2020 Hyundai Veloster | $1,500 | $1,500 | 2020 Hyundai Veloster N | $500 | $500 | 2020 Hyundai Venue | $1,500 | $1,500 |
Hyundai Dealers With the Lowest Prices
Other Car Incentives for July 2020
- Best Acura Deals
- Best Audi Deals
- Best BMW Deals
- Best Chrysler Deals
- Best Ford Deals
- Best GM Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Infiniti Deals
- Best Jeep Deals
- Best Kia Deals
- Best Lexus Deals
- Best Mazda Deals
- Best Mercedes Benz Deals
- Best Nissan Deals
- Best Toyota Deals
- Best Volkswagen Deals
- Best Volvo Deals
My Recommendation for Car Shoppers
TrueCar and RydeShopper 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
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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.
Latest Weekly Car Buying Tips
RSS Feed