Best Hyundai Deals & Lease Offers: January 2019

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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 - January 14, 2019

Deals for buying & leasing a Hyundai are unimpressive in January. Nearly every 2018 model has sold out and deals on 2019 stock haven't ramped-up. For example, last month's best discount on the 2018 Sonata was worth up to $5,750. Now, the best deal you'll see on the Sonata is $2,000 off the 2019 model.

Leases are a mixed bag. Both the Elantra and Sonata, once among the cheapest cars to lease, are now relatively expensive. For example, the Sonata is listed at $219/month and requires $2,399 at signing. At that price, you could lease a 2018 Honda Accord LX for nearly the same amount of money.

If you can afford to wait, we think Presidents' Day may feature an opportunity to save. Hyundai typically introduces holiday bonus cash worth around $500 near major holidays, although it tends to be limited to higher-volume vehicles like the Elantra, Sonata and Santa Fe.

Offers from Hyundai vary by region and are valid through January 31, 2019. Examples listed here are for California.

Top Hyundai Lease Deals & Incentives

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
Hyundai Elantra
Hyundai Elantra
Lease from $189 for 36 months Finance from 1.9% for 60 months + $500 Bonus Up to $2,000 (SEL, Eco, Sport, Limited)
Hyundai Elantra GT
Hyundai Elantra GT
Lease from $199 for 36 months Finance from 1.9% for 60 months + $500 Bonus Up to $2,500
Hyundai Tucson
BMW 320
Lease from $249 for 36 months Finance from 1.9% for 60 months Up to $1,000 (Non-SE)
Hyundai Sonata
Lease from $219 for 36 months Finance from 0% for 48 months + Up to $500 Bonus Up to $2,000
Hyundai Santa Fe
Hyundai Santa Fe
Lease from $239 for 36 months Finance from 0% for 48 months + Up to $500 Bonus Up to $2,000 (Limited, Ultimate)

Explore the full Hyundai lineup »

Insider Tips for Hyundai Shoppers

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