For May 2010, Hyundai is offering cash back incentives and low price leases along with low interest car loans. Hyundai’s interest rate incentives for most cars aren’t as impressive as the ones you’ll get from other brands, but if you qualify, the rates are lower than most non-incentive loan rates and some models combine cash back with financing deals. All Hyundai cars and SUVs come with the Assurance program, through which Hyundai will buy back your vehicle if you experience an economic hardship such as the loss of a job.

The 2010 Hyundai Sonata is the only model Hyundai is offering a 0% interest rate car loan on during May. The Sonata can be financed with no interest for up to 60 months.

The 2010 Hyundai Accent, which is one of America’s least expensive cars, comes with between $500 and $1,00 off (depending on the trim level) or low interest rate car loan incentives. Buyers financing through Hyundai can choose between a 3.9% interest rate for up to 60 months or a 4.9% loan for 72 months.

2010 Hyundai Accent

The 2010 Hyundai Elantra is being offered this month for $159 a month on a 24-month lease, which makes it competitive with the Nissan Sentra. If you’re leasing a small car this month, check out the Corolla, which is just $119 a month. Elantra buyers who finance through Hyundai can choose between 3.9% financing for up to 60 months or 4.9% for 72 months, plus $2,000 cash back.

The Santa Fe has a similar incentive this month to the Elantra. Buyers who choose Hyundai financing will get $1,500 cash back in addition to the staggered low interest rate loans.

The Hyundai Azera comes with a $500 cash back incentive this month, with an additional $1,500 off if you currently own another Hyundai model.

The 2010 Hyundai Veracruz can be leased during May for $359 a month on a 36-month lease.