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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.

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
All1,934£13,468427,5683,670
Aberdeen City23£18,76701,93034
Aberdeenshire2£13,723618,8602
Antrim5£11,837542,2709
Ards3£8,710931,8236
Armagh1£6,2501073,2401
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire35£12,649538,16349
Belfast3£7,780867,13116
Berkshire24£8,772843,48566
Bexley - Greater London1£14,690214,554-
Blaenau Gwent1£16,999112,3112
Brent - Greater London1£6,4421192,6433
Bristol20£11,715633,27851
Bromley - Greater London1£18,49528,8312
Buckinghamshire16£11,662639,39756
Cambridgeshire41£13,339530,50272
Cardiff1£14,750315,0861
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Ceredigion1£19,99801007
Cheshire67£14,238420,405158
City of Edinburgh29£14,224321,03754
City of London - Greater London3£11,115655,49615
Clackmannanshire1£16,99813,7491
Conwy15£15,688325,87011
Cornwall12£15,361423,5079
County Durham34£12,673531,65293
Craigavon3£14,65838,6494
Croydon - Greater London11£18,59802,18013
Cumbria27£16,90129,12264
Derbyshire51£13,707423,04093
Devon27£14,380425,25176
Dorset12£14,744320,98549
Dumfries and Galloway1£14,99839,1521
Dundee City7£16,49639,23614
Dungannon1£20,999322,4376
East Ayrshire12£15,439314,92717
East Riding of Yorkshire12£18,10717,57615
East Sussex19£13,250527,17023
Essex43£13,841319,43450
Falkirk21£16,234210,57331
Fife13£13,625526,48320
Glasgow City89£15,61718,438117
Gloucestershire5£14,514227,16626
Greater Manchester87£13,159529,117159
Hampshire73£12,509532,156155
Havering - Greater London13£12,067642,22411
Herefordshire2£15,75027,33416
Hertfordshire45£13,043324,46679
Highland12£17,123112,06113
Hillingdon - Greater London12£6,269972,82715
Hounslow - Greater London1£5,1991178,0001
Inverclyde2£9,749932,8394
Isle of Wight3£10,496830,3014
Kent36£15,050217,79699
Lancashire46£12,574527,316106
Larne2£11,223530,0002
Leicestershire24£12,880529,66562
Lincolnshire47£13,955323,70286
Lisburn1£14,695210,3495
Magherafelt1£13,450422,0001
Merseyside13£12,033529,66724
Merthyr Tydfil2£20,249445,0121
Moray3£15,663219,6723
Neath Port Talbot1£7,4991059,2301
Newry and Mourne5£18,18913,2836
Newtownabbey4£9,076752,91710
Norfolk35£14,879320,78242
North Ayrshire5£10,597844,7025
North Down12£13,933424,62815
North Lanarkshire6£15,745311,16824
North Yorkshire42£15,404317,55583
Northamptonshire23£14,023333,18330
Nottinghamshire30£13,248424,10258
Omagh1£7,9501118,0001
Oxfordshire18£13,367424,48032
Renfrewshire8£13,311523,21971
Rhondda Cynon Taf16£11,113647,49919
Scottish Borders1£7,795944,0002
Shropshire13£15,122321,92938
Somerset41£16,683318,51943
South Ayrshire5£12,562418,4187
South Yorkshire37£10,926635,19083
Staffordshire36£13,978423,04985
Stirling12£20,53811,99727
Strabane1£12,895454,115-
Suffolk28£12,434431,95032
Surrey59£17,31429,43389
Swansea1£10,995731,182-
The Vale of Glamorgan2£8,573944,7821
Tyne and Wear57£14,709423,01175
Warwickshire20£12,654431,35953
West Lothian3£13,264532,01513
West Midlands127£13,700427,177250
West Sussex26£15,341317,23047
West Yorkshire87£13,165531,154154
Wiltshire35£15,384320,03445
Worcestershire15£13,421427,56345
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