Friday, July 6, 2012

Hyundai - Great Deals for July 2012!

Hyundai is surely feeling the heat, with its sales up a modest 2.4 per cent in June, while its Kia sibling brand – and arch-rival – saw sales jump 10 per cent. So along comes a deal on the Sonata midsize car that should not be overlooked: up to $5,000 is cash discounts that can be combined with 2.9 per cent financing for up to 84 months.

That quote comes from the Globe and Mail.  Of course when discounts are being offered you have to watch out for the interest rates creeping up to bridge the gap.  In this case, Hyundai has gone from 0% financing to 2.9% for five years.  But they are offering $4,000 off the GLS model which results in the monthly payment dropping from $530 to $490 ..... over 60 months that adds up.  No matter how you slice it, Hyundai`s are a great deal right now!

Of course there is a reason for that, seriously who would buy a Sonata over a beautiful Kia Optima...

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