Best Hyundai Deals & Lease Offers: May 2018

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - May 3, 2018

Specials from Hyundai are largely unchanged in May. As before, leases start at $169/month on the fuel-efficient Elantra Sedan. However, the spacious Sonata SE benefits from a $10 price cut and now starts at just $189/month.

Unlike a lot of competitors, you can still find 0% financing from Hyundai on a number of vehicles. For example, the 2018 Elantra is eligible for 0% APR for 72 months plus a $1,000 bonus. You won't see a deal like that from Honda or Toyota.

SUV shoppers may appreciate a $20/month price cut on the versatile Santa Fe Sport, plus a $700 lower amount due at signing compared to April. It now starts at $229/month, the best price we've seen to date.

Members of the military should be aware that Hyundai is planning to double its military discount between May 18 and May 31. It will offer a $1,000 bonus on all models, instead of just $500.

Offers from Hyundai vary by region and are valid through May 31, 2018. Examples listed here assume a location in California. Check back for updates as we approach Memorial Day.

Editor's Update: Hyundai has cut lease prices on the Tucson. Please see our continuously updated Memorial Day coverage for more information.

Hyundai Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive Details
Hyundai Elantra
Hyundai Elantra
Lease from $169/month Finance from 0%/72 months + Up to $1,000 Up to $2,500 Learn More »
Hyundai Elantra GT
Hyundai Elantra GT
Lease from $199/month Finance from 1.9%/60 months + $500 Up to $2,500 Learn More »
Hyundai Tucson
BMW 320
Lease from $219/month Finance from 0%/48 months + $500 Up to $2,000 Learn More »
Hyundai Sonata
Lease from $189/month Finance from 0%/60 months + Up to $1,000 Up to $3,000 Learn More »
Hyundai Santa Fe Sport
Hyundai Santa Fe Sport
Lease from $229/month Finance from 0%/60 months + $1,000 Up to $3,750 Learn More »

See the full Hyundai lineup »

Tips on Hyundai Financing, Lease Specials and Rebate Offers

Hyundai reliably offers a large selection of deals, whether it's cashback, low rates or lease incentives. Holidays can also be a nice time to take advantage of modest bonus cash offers worth around $500 on select models.

Expect to see the best discounts on models like the Elantra, Sonata and Santa Fe Sport at any given time. That said, most shoppers may not know that some of the best savings can be had when financing.

Oftentimes, shoppers have to choose between Retail Bonus Cash and low APR. However, with some models Hyundai actually offers a bonus for financing at standard, non-promotional rates. In cases like that, you're actually able to stack both the Retail Bonus with the finance bonus for maximum savings.

Leasing is often appealing, but shoppers should be aware that advertised offers typically assume extra incentives you may not be eligible for. Most commonly, these include so-called conquest bonuses for coming from a competitor. That's fine if those apply to you, but if not you may be in for a shock when you see your price.

Recent college grads should be aware that they may be eligible for the Hyundai College Graduate Program. It features a $400 bonus that can be combined with most other incentives, although you'll have to finance or lease in order to get it.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website