2022 Hyundai Veloster N Gets 0% APR Before Black Friday

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Senior Pricing Analyst - November 10, 2021

Hyundai is offering a rare deal on the Veloster N ahead of Black Friday. According to a bulletin sent to dealers, the high-performance hatchback is now eligible for 0% financing. What's more, the company is offering the option to defer your first payment for 90 days, effectively requiring no interest and no payments till 2022.

Starting this month, all 2022 Veloster Ns are eligible for 0% APR for 48 months plus No Payments For 90 Days. That's the same holiday car sale you'll find on other Hyundai models. While there's no advantage for consumers looking to lease their new Veloster N, this marks an unusually good deal on this hard-to-find vehicle.

A month ago, the best rate was 1.9%. On a $35,000 car, that can equate to almost $1,400 in savings over the course of a 4-year loan. What sets this deal apart is the fact that it's available on the 2022 Veloster N. Traditionally, this would be a time in which many of the best incentives would be limited to outgoing models.

There are some catches worth knowing about. First, longer terms have higher rates. For example, Hyundai's best 60-month rate on the Veloster N is currently 1.9% APR, with a 72-month option at 2.9%. The new deferred payment incentive is also limited to 48-month loans, disqualifying buyers looking for a longer loan.

Next, the car's advertised lease prices remain completely unchanged, offering no advantage for Black Friday. Not factoring in the possibility of a dealer markup, the company's featured lease deal on the manual-transmission N is $459 for 36 months with $2,599 at signing, which equates to an effective cost of $531/month.

We're already seeing fewer Black Friday car sales than last year. Some can be misleading, but other pre-Black Friday deals can save money. If you're looking to buy a Veloster N, now may be a good time. Although Hyundai deals aren't due to end until January 3, an inventory shortage could it smart to buy sooner rather than later.

Explore Top Black Friday Car Deals

, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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