Hyundai Cuts Back on Some 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.
- 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.
- 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
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- 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