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Used Hyundai I20 on Finance

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

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Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Getting a Hyundai I20 on finance

Purchasing a used Hyundai i20 with finance is a practical way to drive away in this popular hatchback without paying the full price upfront. The following guide will provide a foundation to understand the essential steps and options available for financing a used i20.

1. Understand Your Financial Health:

  • Budgeting: Ensure that the monthly payments, insurance, and upkeep fit comfortably within your budget.
  • Credit Score: A solid score can grant you access to better interest rates and terms.

2. Exploring Financing Options:

a. Bank Financing:
  • Pros: Potentially lower interest rates and no mileage restrictions.
  • Cons: Might be stringent with credit score requirements.
b. Hire Purchase (HP):
  • Pros: Simple structure and clear path to ownership.
  • Cons: Monthly payments can be higher than other finance options.
c. Personal Contract Purchase (PCP):
  • Pros: Lower monthly payments and flexible end-of-term choices.
  • Cons: Large final payment if you wish to own the vehicle.
d. Dealership Financing:
  • Pros: Often more forgiving with credit histories and convenient.
  • Cons: Can come with higher interest rates.

3. Navigating the Car Purchase Process:

a. Selecting a Trustworthy Dealer:
  • Opt for dealerships with stellar reviews and possibly, a personal recommendation.
b. Negotiating:
  • Familiarize yourself with the average market price of a used Hyundai i20 for a favorable deal.
c. Reviewing the Contract:
  • Scrutinize every detail of the contract and ensure complete understanding before committing.
d. Securing Insurance:
  • Sort out your insurance to be in place from the moment you drive away.

4. Ongoing Vehicle and Loan Management:

  • Maintain Regularly: Regular maintenance enhances longevity and resale value.
  • Loan Management: Ensure adherence to your payment schedule to avoid detrimental hits to your credit score.

5. Pro Tips:

  • Vehicle Inspection: A thorough check of the vehicle’s condition and history report is pivotal.
  • Depreciation Acknowledgment: Cars depreciate, and it’s vital to factor this into your financial planning.
  • Extended Warranty Consideration: Evaluate the merits of acquiring an extended warranty for long-term peace of mind.

Conclusion:

Embarking on the journey to finance a used Hyundai i20 involves meticulous planning and astute decision-making. A thorough examination of your financial standing, coupled with a detailed understanding of available finance options, forms the roadmap to a judicious purchase. Combining a well-maintained vehicle with sound financial management will pave the way for an enjoyable and stress-free ownership experience.

About the Hyundai I20

The Hyundai i20, a stylish and practical hatchback, has made its mark on British roads as a popular choice for drivers who seek affordability, efficiency, and modern design in their vehicles. In a country where compact size and urban convenience are highly valued, the i20 has earned a reputation as a reliable companion for city living. In this article, we'll explore the standout features of the Hyundai i20, introduce its competitors in the UK market, and discuss the appealing financing options available for this versatile hatchback.

Hyundai i20 Key Features:

  • Compact and Nimble: The i20's small size and nimble handling make it perfect for navigating crowded city streets, making parking a breeze, and ensuring convenience for urban dwellers.
  • Fuel-Efficient Engines: The i20 is known for its fuel efficiency, with a range of petrol engines that provide excellent mileage, reducing running costs for daily commutes.
  • Modern Design: With its contemporary styling, including a distinctive front grille and sleek lines, the i20 adds a touch of sophistication to city driving.
  • Advanced Technology: Inside, you'll find a user-friendly infotainment system and available driver assistance features that enhance safety and convenience.

Rivals in the UK Market:

The Hyundai i20 faces competition from other compact hatchbacks in the UK's city car segment:

  • Ford Fiesta: The Fiesta is known for its fun-to-drive nature, stylish design, and a wide range of engine choices, making it a popular choice among urban drivers.
  • Volkswagen Polo: Volkswagen's Polo offers a comfortable ride, a well-crafted interior, and advanced tech features, appealing to those seeking a premium hatchback.
  • Toyota Yaris: The Yaris combines practicality with efficiency, offering a comfortable cabin and a range of hybrid powertrains for eco-conscious drivers.
  • Renault Clio: Renault's Clio provides a blend of style and affordability, with a modern design and a range of engines to suit different preferences.

Conclusion:

The Hyundai i20, with its compact agility, efficiency, and modern styling, has become a trusted and affordable hatchback for British drivers who demand economical city motoring. In a country where compact size and affordability matter, the i20 delivers a compelling package. With flexible financing options, owning this reliable hatchback becomes an accessible and attractive proposition for those who seek an economical and stylish vehicle for their UK journeys.

Buying Guide

Want to find out everything about all I20 models, pros and cons, what to look out for and everything else you need to know? Check out our Hyundai I20 buying guide here.

Hyundai I20 Data by County

Hyundai I20 data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All2,308£13,293429,0834,414
Aberdeenshire11£16,725212,52650
Angus10£12,742429,39819
Ayrshire27£15,302311,08038
Bedfordshire42£13,283530,17060
Berkshire45£12,351530,45160
Blaenau Gwent5£11,539541,7505
Bridgend7£11,697628,53618
Bristol16£11,506630,81739
Buckinghamshire23£14,174434,00056
Caerphilly1£5,295891,0002
Cambridgeshire44£15,272321,70391
Cardiff5£15,146210,98028
Carmarthenshire3£9,227754,7211
Ceredigion1£13,49539,1886
Cheshire85£14,192323,332149
Conwy17£15,382425,8737
Cornwall11£14,226423,75619
County Antrim19£12,326433,66143
County Armagh10£13,701328,04215
County Down16£12,298522,87826
County Durham74£14,335317,57785
County Fermanagh1£11,495343,4761
County Londonderry3£13,110436,25610
County Tyrone4£8,673847,0293
Cumbria20£14,339418,18950
Derbyshire48£14,160317,730101
Devon46£14,667319,62264
Dorset20£12,944527,52444
Dumfries & Galloway1£4,995979,2822
Dunbartonshire1£14,995314,669-
East Riding of Yorkshire20£14,481324,41226
East Sussex33£13,464427,27450
Essex50£14,013318,48394
Falkirk20£17,84016,54045
Fife6£16,481211,91421
Flintshire4£9,083974,1404
Gloucestershire17£15,163318,16722
Greater London111£12,470529,635175
Greater Manchester79£12,777529,687184
Hampshire72£12,972429,798197
Herefordshire3£8,562668,2759
Hertfordshire35£11,146534,628101
Highland5£18,8980231
Inverclyde1£7,0001148,0002
Isle of Wight4£8,921843,6425
Kent77£15,344216,405140
Lanarkshire52£15,622212,036181
Lancashire57£12,704531,039120
Leicestershire37£12,254529,87260
Lincolnshire51£12,693429,46582
Merseyside15£11,653632,55248
Merthyr Tydfil2£18,999445,0121
Midlothian17£13,583324,50161
Monmouthshire1£6,8991046,0002
Moray1£16,99525,8692
Newport39£14,015318,81646
Norfolk30£13,956423,52257
North Yorkshire41£14,686419,88379
Northamptonshire30£13,188436,38036
Northumberland2£11,199629,2339
Nottinghamshire42£13,176427,39473
Oxfordshire18£15,347214,71135
Pembrokeshire1£5,4958102,560-
Perth & Kinross1£19,49803,4945
Renfrewshire33£16,025210,49345
Rhondda Cynon Taf14£12,563534,80819
Rutland1£22,000315,845-
Shropshire26£16,744313,17334
Somerset38£14,256524,45674
South Yorkshire48£13,145425,98082
Staffordshire33£13,523422,68992
Stirling9£16,165214,57041
Suffolk29£14,204322,28641
Surrey61£15,314321,785106
Swansea23£15,270218,34141
Torfaen1£5,495897,9862
Tyne and Wear49£13,584427,86279
Vale of Glamorgan1£9,250823,9605
Warwickshire35£14,753321,86149
West Lothian3£13,489525,76215
West Midlands126£14,213320,969260
West Sussex22£15,079315,89238
West Yorkshire106£14,311323,331192
Wiltshire35£14,115422,27454
Worcestershire24£13,668320,27349
Wrexham1£11,880348,0171
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