There are no model year requirements for loyalty right? I mean can be a 1998 excel :)? proof of ownership is just registration?
from edmunds
" Loyalty for Retail or Lease
Requirements and Restrictions:
Current Hyundai owners may receive loyalty offer. Offer may require HMF financing/lease. Trade-in not required. Cannot be combined with conquest offers and Employee purchase, Circle Plans. Proof of Hyundai ownership required."
I do not see a model year requirement, but it looks like you need to be the registered owner when the program started.
$2500 - Hyundai Valued Owner Coupon
DETAILS: #2308VC004 Customers must be the registered owner of a Hyundai vehicle at the commencement of the program period. Customers must purchase an eligible new Hyundai vehicle from a participating Hyundai dealership. Customers must be currently living with an immediate family member who is the registered owner of a Hyundai vehicle at the commencement of the program period. An immediate family member is defined as follows: Father/Mother, Spouse, Daughter/Son, Brother/Sister Valued Owner Coupon may not be combined with Competitive Owner Incentive Vehicle must be sold during program period. Previously purchased Hyundai vehicle must be distributed by HMA. Previously purchased Hyundai vehicle may only be used once towards the purchase of a new Hyundai vehicle. Valued Owner incentive may not be combined with Competitive Owner incentive. Valued Owner coupon must be filled out and submitted.
Are there similar deal structures on the Ioniq 6 Limited model as well? Open to 24 or 36 months. I have a Kona EV lease that is ending in May 2024 but may consider early termination if this is attractive.
As in pay the one pay amount using two different type of payments, such as using a credit card for part of the amt and the rest with a cashier’s check?
Pay tax/fees in one transaction, can be cash check etc
Pay the rest of the onepay. Depreciation and interest etc in another transaction, can be cash check etc.
Dealers can split the total payment into two different forms of payment. For example I will pay $3000 on a credit card and the rest with a check. Not sure if that works for your scenario.
What happens if let’s say the car gets totalled? GAP insurance protects you from no longer paying the lease payments? If you do one pay lease you loose all your money?
That is not a true statement per our understanding. It all depends on the total loss value paid by insurance vs your payoff. However we are not the expert so call the bank for verification.
@AutoCompanion I know that you said that this is available in almost any state, but is the pick up only in the NorthEast? I know that you work with CA dealers for some brands. Asking specifically about the Ioniq 6 SEL RWD one pay with loyalty. TIA