Hyundai Offering Discounts to VW Owners
If you're one of the VW owners affected by the diesel scandal, here's something you should know: Hyundai is introducing a friends-and-family program for Volkswagen owners and lessees affected by the scandal. The program offers potentially thousands of dollars off a new Hyundai.
The program offers a flat discount plus additional incentives. To qualify, a VW owner must have bought or leased their VW or Audi A3 before Sept. 18, 2015, and show their official settlement letter.
The overall incentive is worth about $1,200 to $2,000 depending on which vehicle you buy. Cars.com has more details on the offer, with an example deal that goes over the calculation to determine how you figure out the exact incentive.
Before jumping on these deals however, I recommend waiting to see what other manufacturers offer, and see what VW offers these owners. There are over 400,000 VW owners affected by this, and they will need to buy a new car, so everyone is chomping at the bits to get this market share.
As always, if you're shopping for a new car right now, I recommend you use TrueCar and Edmunds Price Promise to quickly see the best deals being offered in your area.
My Recommendation for Car Shoppers
TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show 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.California Residents - Important:
There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.- Gregg Fidan
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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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