With the program, Hyundai offers each qualifying student a $400 bonus cash offer that can only be used on a down payment towards a new vehicle. The bonus money can also be applied to the amount due at a lease signing. Your monthly payments and fees will be calculated after that bonus cash is applied. In addition to the bonus cash, grads will also have their first payment deferred for 90 days. No down payment is required, and you can design your payment to create a payment that is best for your budget. Unfortunately, the deferred payment and no down payment offers will not be applicable to leases. Also, certified pre-owned vehicles and used vehicles do not qualify for this program at all.
This offer is available to students from an accredited college or registered nurses school in the United States. Your eligibility for this offer starts six months before graduation and ends two years after graduation. You are required to provide proof of your graduation date with either a copy of your diploma or a letter from the school’s registrar’s office stating when you graduated. You will need to provide proof of employment or an offer letter from a prospective employer.
Also, in order to get the grad offer, you will have to finance your vehicle through Hyundai Motor Finance, which means that financing through your trusted bank or credit union with a potentially lower interest rate will not be an option. Lastly, and most importantly, your credit must be in good standing.
Is it time for you to get a new vehicle, college grad? Well, make your way to one of World Car’s Hyundai locations in San Antonio to claim your deal. You have earned it! The offer is valid through January 2016, so make sure you find the perfect vehicle for you and your budget.
Have you benefited from Hyundai’s College Grad Program? Tell us about your experience with the program in the comments below.