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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
All1,986£12,964528,2323,172
Aberdeen City16£18,45315,71833
Aberdeenshire2£13,723618,8605
Antrim4£13,660429,57811
Ards4£8,213944,6186
Argyll and Bute1£9,4791015,000-
Armagh1£11,995452,000-
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire41£14,076529,39242
Belfast7£11,653540,65512
Berkshire23£10,299732,49768
Bexley - Greater London1£14,695214,554-
Blaenau Gwent1£18,19907822
Brent - Greater London2£6,2711272,9222
Bristol25£10,033842,62345
Buckinghamshire26£13,008534,44149
Cambridgeshire53£13,795430,22355
Cardiff1£14,950315,0861
Carmarthenshire1£15,990110,996-
Carrickfergus2£12,445419,100-
Ceredigion2£15,997218,2158
Cheshire70£14,719418,481140
City of Edinburgh27£12,723527,56443
City of London - Greater London5£12,058544,68814
Coleraine1£7,995769,0002
Conwy15£14,968321,4808
Cornwall8£15,436423,79511
County Durham42£13,834426,06186
Craigavon4£15,71827,0845
Croydon - Greater London13£19,02802,07814
Cumbria39£17,06127,85654
Denbighshire1£12,995414,456-
Derbyshire56£14,422322,26065
Derry2£17,99315,6951
Devon31£13,320527,36253
Dorset24£14,080320,56928
Down1£12,995335,000-
Dumfries and Galloway2£15,99827,9361
Dundee City10£17,34715,39510
Dungannon1£14,367323,9396
Ealing - Greater London1£6,495770,0002
East Ayrshire10£16,32839,03414
East Lothian1£6,9951048,7002
East Riding of Yorkshire11£17,66117,01512
East Sussex13£13,080534,05925
Enfield - Greater London1£6,1951317,7561
Essex31£12,060532,54148
Falkirk22£16,074313,37230
Fife10£12,994527,65220
Glasgow City52£15,581216,38979
Gloucestershire8£15,634323,79824
Greater Manchester96£13,577527,291151
Gwynedd1£6,4951171,000-
Hampshire67£12,274530,215127
Havering - Greater London11£10,309846,80010
Herefordshire3£16,961222,69714
Hertfordshire44£11,864528,64868
Highland16£17,123211,3458
Hillingdon - Greater London9£6,6291067,95111
Hounslow - Greater London1£7,4991036,0002
Inverclyde3£8,3291031,6275
Isle of Wight2£12,247719,8825
Kent32£14,043419,16594
Lancashire62£12,728527,08481
Larne2£11,223530,0002
Leicestershire20£12,021631,37856
Lincolnshire51£14,143321,62675
Lisburn4£7,724858,8373
Magherafelt1£13,450422,0001
Merseyside16£12,613532,30619
Merthyr Tydfil2£20,249445,0122
Monmouthshire1£3,2001748,400-
Moray1£16,99525,8693
Neath Port Talbot1£9,290922,2711
Newry and Mourne7£17,532117,7796
Newtownabbey5£9,649733,1868
Norfolk37£14,240422,35733
North Ayrshire4£13,671522,8082
North Down12£14,566318,59717
North Lanarkshire12£15,315419,19817
North Yorkshire45£16,437213,64074
Northamptonshire18£13,740439,52534
Northumberland2£8,375846,2908
Nottinghamshire32£13,108426,97150
Omagh1£7,9501118,0001
Oxfordshire13£13,175526,58627
Perth and Kinross2£14,949222,5465
Renfrewshire25£15,438212,61453
Rhondda Cynon Taf11£10,411749,77414
Scottish Borders1£7,795944,0003
Shropshire24£16,010315,88026
Somerset22£15,076424,66634
South Ayrshire5£11,395627,8555
South Yorkshire48£14,008423,21371
Staffordshire39£14,591421,97285
Stirling18£19,95212,82418
Strabane1£12,895454,115-
Suffolk26£12,627531,07238
Surrey55£16,398211,31879
Sutton - Greater London1£5,1951190,0004
Swansea3£9,414839,464-
The Vale of Glamorgan1£10,500823,960-
Tyne and Wear36£12,946529,50064
Warwickshire20£15,015322,48243
West Lothian5£13,236522,36012
West Midlands127£13,560427,440209
West Sussex30£14,403320,11449
West Yorkshire79£13,489530,508122
Wiltshire29£16,017316,45447
Worcestershire17£12,544626,12739
Wrexham1£14,350323,679-
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