Purchasing a new vehicle is a significant investment, and you likely want to find the best deal you can on your new car. Many people choose to buy Hyundai vehicles because of their reliability and affordable price. In addition, Hyundai also offers various incentives, such as rebates and reimbursements, to help drivers save money on their vehicle purchase. Here’s how you can take advantage of Hyundai’s incentive programs to help you put some money back into your pocket when purchasing or leasing a new car.
What Are Hyundai Incentive Programs?
Hyundai provides various incentive programs, which are special deals the auto manufacturer offers to drivers who meet specific criteria. Some of these incentive programs give drivers a rebate toward the lease or purchase of a Hyundai vehicle. Other programs provide reimbursements for equipment or electric charging costs. These incentives differ from Hyundai’s other offers, such as sales or special finance offers.
If you’re planning to buy or lease a Hyundai vehicle, it’s worth checking out these incentive programs to see if you’re eligible for one. You can often save hundreds of dollars by qualifying for one of these incentives.
College Grad Program
If you’re a recent college graduate, you can get rewarded for your academic achievements. This program offers a $400 bonus toward the lease or purchase of a brand-new Hyundai vehicle. To qualify for the bonus, Hyundai requires you to provide the following:
- A copy of your diploma or a letter from your school’s registrar’s office verifying your graduation date.
- Proof of employment, such as a pay stub or an offer letter from a prospective employer.
You’re eligible for this incentive program if you’ve graduated with your master’s, bachelor’s, or associate degree in the last two years. This program is also open to current college students who will graduate within the next six months, as long as you can prove you’re on track to complete your degree.
Hyundai has a long history of honoring service members, and its military incentive program highlights this appreciation. This program offers a $500 incentive for purchasing or leasing a Hyundai vehicle. It’s open to active duty members, reservists in the National Guard, veterans, and retired U.S. Military personnel. This eligibility includes customers who are serving or have served in the U.S. Air Force, Army, Coast Guard, Marine Corps, Navy, National Guard, or Reserves. The program is also open to military spouses. To qualify, you must provide proof of your active duty, retired, or veteran military status.
First Responders Program
First responders do so much to keep our communities safe, and Hyundai rewards those professionals with an incentive program. Under this program, active first responders can receive $500 toward purchasing or leasing a new or unused Hyundai vehicle. The program is open to the following first responders and their spouses:
- Police officers.
- Sheriffs and sheriff deputies.
- Correctional officers.
- State troopers.
- Federal law enforcement officers.
- Paid or volunteer firefighters.
- EMTs and paramedics.
- 911 dispatchers.
If you work in one of these roles, you can qualify for the program by submitting proof of your employment or service. You must also qualify for credit approval to execute a finance or lease agreement through a participating Hyundai dealership.
Hyundai vehicles offer many advantages for people with limited mobility. If you require adaptive equipment for your vehicle, Hyundai will reimburse you for those costs. The mobility program provides up to $1,000 toward the price of adaptive equipment for your car. This reimbursement is suitable for equipment and labor costs for new or unused Hyundai vehicles. This equipment includes:
- Aftermarket alterations or equipment installation that help you access or drive the vehicle.
- Equipment not related to a specific medical need, such as pedal extensions or swivel seats, if you provide original medical documentation of a physical disability or impairment.
- Mobility equipment is installed by an authorized company, not a Hyundai dealership, within six months of the vehicle purchase or lease.
- Labor for equipment is transferred from your old vehicle into the new Hyundai vehicle, as long as the labor cost is clearly stated in the invoice.
After you purchase your car and install the necessary adaptive equipment, you can submit documents to Hyundai for reimbursement. These documents include the purchase agreement or sales contract, the itemized invoice from the adaptive equipment company, your vehicle registration, and medical documentation, if necessary. Once you have those items, you can complete a claim form and submit it to Hyundai for reimbursement. You can find more detailed instructions on the Hyundai website.
Electric Vehicle Charging Program
Not only do Hyundai electric vehicles (E.V.s) help you save money at the pump, but now you can get free charging when you’re on the road. This incentive program will provide free charging at any Electrify America fast-charging station for up to 250 kilowatt-hours or about 1,000 miles of driving. You’re eligible for this program if you’ve purchased or are leasing a 2021 Ioniq Electric or 2021 or 2022 Kona Electric. To qualify, you can follow these steps:
- Create an account by downloading the Electrify America app and follow the instructions.
- Charge your vehicle at one of many fast-charging stations in the Electrify America nationwide network.
- Use your charging credits for up to three years.
Electrify America offers a vast network of direct current (D.C.) fast-charging stations across the U.S., including major highways and cross-country routes. Go online to locate a charger near you.
Find Other Hyundai Specials in McKinney, Texas
When you want to find the best price on your next Hyundai vehicle, head to Huffines Hyundai McKinney. We offer competitive prices and affordable financing options to help make your dream car a reality. In addition, we also offer a variety of new vehicle specials and deals on quality pre-owned vehicles to help you save money on your new car. Browse our current inventory and take a look at these deals to learn how much you could save on your next vehicle purchase.
At Huffines Hyundai McKinney, we’re committed to providing honest and transparent service to help you understand the price of a new vehicle. Our team of experts can help you explore the special deals, incentives, and financing we offer so you can drive home in your new car. For more information, visit our dealership in McKinney, Texas, or contact us online today. We look forward to welcoming you soon.