Hyundai Cuts Back on Some Incentives

Because of Hyundai's success this year, the company is cutting back on promotions, such as cash-back incentives.

The 2011 Hyundai Accent gets only a $500 cash-back incentive, compared with $2,500 cash back on Chevrolet's Aveo. The Hyundai Sonata has no cash back and a 2.9% financing deal for 60 months.

Overall, the usually generous Korean automakers are now pretty much in line with tightfisted Honda.

But Hyundai is offering some good leasing deals: The 2011 Sonata and the 2011 Elantra Touring both get a $199-per-month lease promotion for November.

For detailed information, continue reading below.

Financing

• 2010 Accent: $1,000 cash back and 3.9% financing for 60 months, or $1,000 and 0% financing for 72 with Hyundai Motors Financial
• 2010 Sonata: $2,500 cash back and 3.9% financing for 60 months
• 2010 Elantra: $1,500 cash back and 3.9% financing for 60 months, or $1,000 and 0% financing for 72 with Hyundai Motors Financial
• 2010/2011 Santa Fe: $1,000 and 3.9% financing for 60 months. Additional $500 cash back for financing with Hyundai Motors Financial
• 2010 Azera: $500 cash back and/or $1,500 loyalty cash back
• 2010 Veracruz: $1,500 cash back and 0.9% financing for 60 months.

Leasing

• 2011 Sonata (2.4-liter GLS with automatic transmission): $199 for 36 months with $2,399 due at signing
• 2011 Elantra Touring (GLS with automatic transmission): $199 for 24 months or 36 months with $1,999 due at signing
• 2011 Tucson (GLS with automatic transmission): $259 for 36 months with $2,499 due at signing
• 2011 Veracruz (GLS): $359 for 36 months with $2,599 due at signing
• 2011 Genesis sedan (3.8-liter V-6): $399 for 36 months with $2,698 due at signing

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