Best Hyundai Deals & Lease Offers: August 2018

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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 - August 1, 2018

Special offers from Hyundai look nearly identical to last month. This month's biggest change is a $1,000 bonus on the 2018 Kona. However, the catch is that Limited & Ultimate versions are the only styles eligible; other versions get $500.

As before, the 2018 Elantra remains one of the best cars to finance, with 0% APR for 72 months plus $1,000 cash. Competitors have been taking rates up at an alarming rate, making this a rare deal worth taking advantage of.

Sonata shoppers should be aware that discounts vary greatly. Confusingly, "Plus" versions feature more equipment but are eligible for fewer discounts. For example, the Sonata Limited gets $3,500 off, $2,000 more than the Limited Plus.

Offers from Hyundai vary by region and are valid through September 4, 2018. Examples listed here assume a location in California. We may see some sort of holiday bonus closer to Labor Day.

Hyundai Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
Hyundai Elantra
Hyundai Elantra
Lease from $169/month Finance from 0%/72 months + Up to $1,000 Up to $2,500
Hyundai Elantra GT
Hyundai Elantra GT
Lease from $199/month Finance from 1.9%/60 months + $500 Up to $2,500
Hyundai Tucson
BMW 320
Lease from $199/month Finance from 0%/48 months + $500 Up to $3,000
Hyundai Sonata
Lease from $189/month Finance from 0%/60 months + Up to $1,000 Up to $3,500
Hyundai Santa Fe Sport
Hyundai Santa Fe Sport
Lease from $229/month Finance from 0%/60 months + $1,000 Up to $3,750 (2.0T styles)

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