Hyundai August 2020 Lease Deals
The latest lease numbers got released for August 2020 on new Hyundai models. Please check the Hyundai website yourself with your local zip code for more accurate prices as these numbers change depending on your location. The prices listed below are for North Carolina, the worst place to lease a car, so you can assume prices can be better in your area. Let me know how the rates I have listed align with what you see in your area.
August 2020 Hyundai Lease Deals
Hyundai August 2020 Lease Deal Changes & Terms
A lot of the numbers listed are similar to the numbers from last month. The fundamental changes include the addition of specific 2021 model years, and about nine models that were available last month for lease are no longer included in this list. I’m sure you can lease those specific models if you find one on a dealer lot like the 2020 Kona Electric and 2020 Ioniq Electric, but the deal won’t be as good.
Like always, the numbers listed do not include tax, fees, etc. Most of the deals listed are for 36 months and 10,000 miles, and these deals end on 9/8/2020. It’s still great to see some new 2021 models making an appearance like the Kona, Tucson, and Veloster. But I must say, out of all the deals displayed on the chart, the 2019 Sonata Plug-In Hybrid seems most enticing. At $179 a month and $2599 down, that’s a pleasant, efficient car for a commuter with a low monthly investment.
Hyundai August 2020 Lease Deals Conclusion
My best suggestion is to never put any money down on a lease, not even the first month’s payment. Always roll in the amount due at signing into your lease payment. Hyundai still has some great finance deals like 0% for 60-72 months and three months deferred payments, but double-check what incentives you are eligible for if you do decide to take a 0% interest rate loan, and always try to be below MSRP. Hyundai continues to offer affordable lease deals that are worth taking advantage of, making it an excellent time to be in the new car market.
Read about how Hyundai continues to set sales records in 2020 here.
Kevin Meyn is an automotive journalist for Torque News concentrating on Hyundai content. Kevin is the founder of Exhaust Sports Auto Youtube channel, where he does professional car reviews on new and used vehicles. Through the use of various resources and extended Automotive expertise, Kevin documents the latest in automotive news revolving around Hyundai. Kevin graduated from NC State University studying Supply Chain Management but has had a passion for cars since he was a child. Follow Kevin on Twitter and Instagram @exhaustsports.