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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
All1,974£12,948529,2453,561
Aberdeen City15£18,15714,33324
Aberdeenshire2£13,245720,6606
Angus2£16,99024,3742
Antrim5£12,967330,9928
Ards7£9,734836,3356
Argyll and Bute1£9,4791015,000-
Banbridge1£12,950332,822-
Barnet - Greater London1£8,5951218,000-
Bedfordshire29£12,338636,18257
Belfast11£12,833430,72922
Berkshire31£8,953942,23970
Bexley - Greater London2£12,495612,7774
Blaenau Gwent5£10,564633,0428
Bridgend1£4,2951278,085-
Bristol20£10,933733,51440
Bromley - Greater London2£16,644214,7501
Buckinghamshire27£14,001530,49858
Caerphilly1£8,995769,0009
Cambridgeshire43£13,311533,91968
Cardiff2£16,24429,14514
Carmarthenshire1£15,990110,996-
Carrickfergus1£12,895421,000-
Ceredigion5£8,896959,78416
Cheshire74£14,082421,356131
City of Edinburgh31£13,623419,68647
City of London - Greater London29£12,914627,98059
Conwy12£15,945321,1377
Cornwall12£15,791426,22210
County Durham46£14,242425,112100
Craigavon4£16,04329,5282
Croydon - Greater London6£14,629427,57517
Cumbria23£16,313312,57939
Denbighshire1£12,995414,456-
Derbyshire46£13,328425,721105
Devon27£12,979532,11473
Dorset23£13,929417,87341
Down1£13,495335,0002
Dumfries and Galloway3£16,297313,4203
Dundee City3£18,56515,42316
Dungannon6£14,139431,6913
East Ayrshire11£15,761314,73621
East Dunbartonshire1£14,49836,5773
East Riding of Yorkshire9£17,12527,40437
East Sussex14£12,936629,86027
Enfield - Greater London1£4,8001349,1491
Essex37£11,736632,86468
Falkirk17£15,964317,48527
Fife8£15,493323,01627
Glasgow City26£14,425316,42663
Gloucestershire17£13,796427,59529
Greater Manchester74£12,989630,681178
Gwynedd1£6,4951171,000-
Hampshire56£12,419633,273128
Havering - Greater London5£9,202759,5213
Herefordshire3£16,200217,28616
Hertfordshire38£11,637627,21297
Highland6£17,215210,55120
Hillingdon - Greater London8£6,9341060,15916
Inverclyde4£13,374520,2547
Isle of Wight3£14,064515,0416
Kent45£14,329321,20799
Lancashire51£13,677423,92075
Larne2£9,893759,4991
Leicestershire22£13,785419,65256
Lincolnshire50£14,813324,63782
Magherafelt1£16,450422,000-
Merseyside17£12,600533,47529
Merthyr Tydfil3£17,166543,3041
Merton - Greater London1£9,495739,1442
Monmouthshire3£9,282934,9057
Moray2£10,243850,4412
Newport2£12,273540,29215
Newry and Mourne4£16,814118,6289
Newtownabbey4£9,381846,22616
Norfolk38£14,402420,37339
North Ayrshire5£13,826424,0084
North Down15£16,682318,75921
North Lanarkshire9£15,511423,38819
North Yorkshire53£14,982419,34578
Northamptonshire20£13,611431,92543
Northumberland4£8,637843,63810
Nottinghamshire35£15,016316,63165
Omagh1-1562,000-
Oxfordshire12£14,033426,23942
Pembrokeshire2£8,895766,5731
Perth and Kinross2£17,24425,2064
Redbridge - Greater London1£4,9501641,0001
Renfrewshire14£14,177419,47026
Rhondda Cynon Taf14£12,776531,59713
Scottish Borders1£4,9951075,0002
Shropshire22£16,070318,72317
Somerset29£11,375736,49141
South Ayrshire6£11,729625,4346
South Lanarkshire5£13,937422,8494
South Yorkshire45£12,964532,25276
Staffordshire51£15,464316,18082
Stirling14£19,52516,90314
Strabane1£12,895454,115-
Suffolk30£13,833427,54252
Surrey61£15,623318,94374
Sutton - Greater London1£10,249749,4003
Swansea2£10,200548,700-
Tyne and Wear45£13,726430,22867
Waltham Forest - Greater London1£10,695963,000-
Warwickshire27£15,033323,65750
West Lothian5£11,897631,08312
West Midlands131£14,030424,366191
West Sussex25£12,939527,25648
West Yorkshire88£14,777425,209125
Wiltshire31£15,835316,84453
Worcestershire19£14,303422,67339
Wrexham1£5,2501335,9553
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