2015 Hyundai Sonata Sport 2.0T Starts at $29,385

May 26, 2014 04:15 PM EDT | Matt Mercuro

Hyundai has announced that its redesigned 2015 Hyundai Sonata sedan will be sold for a base price of $21,960, including an $810 shipping fee, once it goes on sale later this month.

The new price reflects a $300 price cut compared to the current 2014 model.

The top-of-the-line 2015 Hyundai Sonata Sport 2.0T has been listed for a base price of $29,385, including shipping, according to a company press release.

Standard equipment found on the base model includes:

-2015 Sonata SE includes seven airbags

-LED daytime running lights

-16-inch alloy wheels

-rear lip spoiler

Standard equipment on the Sonata Sport 2.0T includes:

-a sport shift knob

-18-inch alloy wheels

-HID xenon headlights

-a sport-tuned suspension

-paddle shifters

-leather-wrapped steering wheel

Hyundai's Ultimate package, available for the Sonata Sport 2.0T, adds a number of items, like a smart cruise control, an Infinity premium audio system with 10 speakers, panoramic sunroof, rear parking assistance system, and heated rear seats.

The package is available for $4,950, according to the automaker.

The Sonata competes with a number of vehicles, including the 2014 Ford Fusion, Honda Accord, and Nissan Altima, among others.

Interested customers can expect the 2015 Sonata to reach dealerships by the end of May.

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