 Another fast food chain is rolling out a meal deal. Sonic's new value meal costs just $1.99. Restaurants have been battling over customers by offering discounts and affordable options. McDonald's, Taco Bell, Burger King, and Wendy's have all announced meal deals recently. Sonic calls its value menu the Fun 99 menu. Items you can get for $1.99 include a quarter pound double cheeseburger, small tots, or a 16 ounce Sonic shake.