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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
All1,419£19,260213,3034,140
Aberdeen City8£19,548112,87665
Aberdeenshire6£20,70517,03820
Angus1£13,495356,30013
Ards1£12,999335,8781
Bedfordshire15£19,029216,20624
Belfast22£19,26917,10753
Berkshire9£21,14716,17721
Blaenau Gwent10£19,89915,50913
Bristol4£18,222318,1484
Bromley - Greater London4£15,314323,70419
Buckinghamshire18£19,238210,93934
Cambridgeshire18£16,297230,58833
Carmarthenshire3£22,660113,8338
Ceredigion13£22,88015,66344
Cheshire36£19,727210,945115
City of Edinburgh28£20,49216,56690
City of London - Greater London44£19,420212,46466
Conwy3£25,19526,0002
Cornwall1£15,679229,80817
County Durham34£18,178211,957134
Croydon - Greater London17£17,306215,60834
Cumbria22£19,694110,64060
Derbyshire14£17,486216,50190
Devon26£17,919112,48027
Dorset6£23,44715,77413
Dumfries and Galloway1£21,29801,1901
Dundee City6£19,792210,99512
East Ayrshire1£16,498311,9274
East Riding of Yorkshire22£18,091220,46220
East Sussex2£20,687323,6727
Enfield - Greater London1£16,699330,3071
Essex85£18,720212,750140
Falkirk6£19,99629,34021
Fermanagh2£23,45028,3161
Fife30£23,26104,39639
Glasgow City17£20,65028,525130
Gloucestershire21£21,870212,17621
Greater Manchester77£20,109110,009237
Hampshire9£16,541216,39490
Havering - Greater London15£19,259210,80523
Hertfordshire73£18,439213,68187
Highland5£19,297221,58613
Hillingdon - Greater London13£21,30818,97513
Isle of Anglesey1£15,945325,985-
Isle of Wight6£19,857011,7831
Kent45£20,14319,827117
Lancashire45£19,161211,363179
Leicestershire4£17,441215,57435
Lincolnshire16£18,927213,68634
Lisburn2£14,995315,6174
Merseyside68£21,23327,460103
Merthyr Tydfil2£15,771319,7502
Moray4£16,620321,2478
Newport5£16,953328,06233
Newry and Mourne7£19,784111,24915
Newtownabbey3£19,048217,3288
Norfolk19£18,967213,22048
North Down1£15,69514,8908
North Lanarkshire3£18,49927,90424
North Yorkshire22£17,535215,35542
Northamptonshire2£29,85015,9635
Northumberland10£18,54518,94844
Nottinghamshire16£18,459112,06235
Omagh2£17,144427,117-
Oxfordshire7£21,17315,46020
Pembrokeshire2£26,74512,5503
Perth and Kinross3£23,06323,8709
Redbridge - Greater London1£16,49935,5061
Renfrewshire12£20,38817,39068
Scottish Borders1£15,495420,346-
Shropshire20£19,569212,109288
Somerset9£22,15216,96026
South Ayrshire6£18,83128,43169
South Lanarkshire7£22,01116,23722
South Yorkshire13£18,865212,44470
Staffordshire25£17,726218,65599
Stirling6£22,32913,30832
Strabane6£25,06812,0253
Suffolk18£19,202212,19236
Surrey31£19,614214,06680
Swansea5£16,499323,14224
Tyne and Wear24£17,917214,01380
Warwickshire9£17,888211,63920
West Lothian2£14,649317,3708
West Midlands64£17,667214,379236
West Sussex3£20,229211,18339
West Yorkshire63£21,840212,253198
Wiltshire20£22,07825,23643
Worcestershire29£18,115110,76959
Wrexham1£15,99517,1002
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