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Used MG HS on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Getting a MG HS on finance

Buying a used MG HS? Here’s a comprehensive guide to facilitate a smooth and informed purchase through adequate financing and wise decision-making.

1. Understand Your Budget

  • Fixed Spending Limit: Establish the maximum amount for both upfront and ongoing expenses.
  • Investigate Models: Examine various MG HS models and years to align with budget and requirements.

2. In-depth Vehicle Check

  • History Report: Ensure the vehicle has a clean history (accidents, ownership, etc.)
  • Expert Inspection: Employ a professional to check the vehicle's physical and mechanical state.

3. Assess Your Financial Health

  • Credit Score Check: A robust credit score will secure better loan terms.
  • Financial Stability: Confirm your budget can accommodate the potential monthly payments.

4. Explore Financing Alternatives

  • Bank Financing: Explore loan options and interest rates from various banks.
  • Hire Purchase: Pay an initial deposit, followed by fixed monthly payments for straightforward ownership.
  • Dealer Financing: Assess the financing plans offered by car dealerships.
  • Personal Contract Purchase (PCP): Offers lower monthly payments with various options at the contract's end.

5. Expert Negotiation

  • Knowledge Is Power: Familiarize yourself with market rates and specifications for informed bargaining.
  • Effective Dialogues: Harness clear and assertive communication to facilitate beneficial deals.

6. Scrutinize the Contract

  • In-depth Review: Ensure every detail, such as the interest rates and monthly payments, adheres to agreed terms.
  • Legalities: Confirm all aspects of the contract are clear and straightforward.

7. Pre-Ownership Arrangements

  • Optimal Insurance: Secure an insurance policy before finalizing the purchase.
  • Complete Documentation: Methodically process all required paperwork.

8. Sustaining Your Investment

  • Maintain Timely Payments: Regularly manage your payments to protect your credit score.
  • Upkeep and Maintenance: Regularly service the MG HS to retain its performance and value.

9. Forward Planning

  • End-of-Contract Strategy: Prepare for choices, such as refinancing or selling, as the contract concludes.
  • Preserve Resale Value: Maintain the vehicle in optimal condition for the best resale value.

Conclusion

Navigating through the financing of a used MG HS can be an uncomplicated process with meticulous planning, budgeting, and negotiation. Ensure consistent management of payments and maintenance throughout ownership to safeguard your investment and future resale value. With precise preparation, the pleasure of driving your MG HS will be matched by the satisfaction of a well-executed financial plan.

About the MG HS

Wading into the competitive arena of mid-sized SUVs, the MG HS presents itself as a compelling option, especially for the UK motorist. With a blend of modern styling, generous equipment levels, and a value-driven price tag, MG reiterates its commitment to offering quality vehicles that don't break the bank.

A Fresh Chapter for MG:

The MG HS, introduced in 2019, signifies the brand's evolution in the SUV segment. Building on the successes of previous MG models, the HS is designed to cater to families and individuals who seek space, comfort, and the latest in-car tech without the hefty price tag often associated with such offerings.

Stylish and Spacious:

Exterior aesthetics aside, the HS surprises many with its spacious and well-appointed interior. Soft-touch materials, a user-friendly infotainment system, and a plethora of safety features ensure a pleasant journey, whether it's city commuting or long-haul drives across the British countryside.

Position in the UK Market:

Within the bustling UK SUV segment, the MG HS squares off against rivals like the Nissan Qashqai, Kia Sportage, and Skoda Karoq. What sets the HS apart, however, is its unbeatable price-to-features ratio, making it an attractive proposition for value-conscious buyers.

In Conclusion:

The MG HS beautifully captures the brand's aspirations of delivering quality vehicles that resonate with the contemporary motorist. For those in the UK on the hunt for an SUV that's both feature-rich and affordable, the HS is a consideration that's hard to overlook.

MG HS Data by County

MG HS data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All1,465£19,068213,5904,152
Aberdeen City4£16,798220,98174
Aberdeenshire5£21,65615,76021
Angus1£14,990316,48913
Ards1£13,499335,8781
Bedfordshire11£18,827211,55123
Belfast27£18,898110,58152
Berkshire9£22,14016,39720
Blaenau Gwent5£18,839114,84111
Bristol3£18,063324,0385
Bromley - Greater London4£15,306324,96021
Buckinghamshire23£19,49329,89429
Cambridgeshire20£16,018333,22738
Carmarthenshire1£15,990038,0009
Ceredigion16£20,79519,20543
Cheshire43£19,715210,459115
City of Edinburgh31£20,10616,24185
City of London - Greater London43£20,84628,53270
Conwy3£25,19526,0002
Cornwall1£15,763229,80814
County Durham43£18,288211,517140
Craigavon1£20,29915,0931
Croydon - Greater London18£16,494319,79734
Cumbria22£19,92319,94558
Derbyshire14£17,220217,63191
Devon21£17,929213,26225
Dorset5£25,55411,41514
Dumfries and Galloway1£21,29801,1901
Dundee City2£20,125313,14814
East Riding of Yorkshire16£20,678214,73518
East Sussex3£18,788323,6797
Enfield - Greater London1£16,699330,3071
Essex76£18,770211,468137
Falkirk5£20,37607,25419
Fermanagh3£24,95015,5471
Fife27£23,95603,43642
Glasgow City20£21,63117,055139
Gloucestershire19£22,204210,63923
Greater Manchester102£19,978110,405225
Hampshire15£18,626112,30982
Harrow - Greater London1£13,995329,058-
Havering - Greater London17£19,181210,45824
Hertfordshire54£18,300215,23290
Highland6£20,248218,22815
Hillingdon - Greater London11£22,10917,48812
Isle of Wight6£19,857011,7831
Kent51£19,582110,601113
Lancashire49£19,309213,301179
Leicestershire9£17,275215,59033
Lincolnshire14£18,183215,37837
Lisburn1£14,99536,7335
Merseyside76£21,07117,25496
Merthyr Tydfil3£15,702423,6451
Moray1£16,995317,0628
Newport5£17,654323,74538
Newry and Mourne11£18,906110,60412
Newtownabbey2£20,373314,5008
Norfolk22£18,542212,95046
North Down2£16,84314,6497
North Lanarkshire4£18,92428,31726
North Yorkshire17£17,320216,56345
Northamptonshire2£20,691210,7014
Northumberland10£19,75126,85240
Nottinghamshire15£17,975111,02534
Omagh2£17,144427,117-
Oxfordshire8£20,15516,83118
Perth and Kinross3£21,163314,85014
Redbridge - Greater London1£16,699333,709-
Renfrewshire9£20,70716,45370
Scottish Borders1£15,495420,346-
Shropshire20£20,230211,726254
Somerset10£22,62715,27729
South Ayrshire9£18,77628,75168
South Lanarkshire7£21,82515,34821
South Yorkshire19£17,906215,01772
Staffordshire35£17,523218,64292
Stirling7£21,35326,99935
Strabane6£25,06812,0253
Suffolk19£19,052111,29836
Surrey18£19,673214,42483
Swansea5£16,939322,43328
Tyne and Wear31£17,313213,90679
Waltham Forest - Greater London3£16,766115,00134
Warwickshire8£17,004213,49317
West Lothian2£14,649317,3708
West Midlands71£17,873213,114248
West Sussex3£21,495210,13738
West Yorkshire62£21,972211,930203
Wiltshire20£22,18426,24347
Worcestershire31£18,03319,20360
Wrexham1£15,99517,1003
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