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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
All1,795£13,403428,7953,830
Aberdeen City20£17,48213,85645
Aberdeenshire3£10,329735,8752
Angus1£19,99508551
Antrim6£13,386430,60810
Ards5£10,076830,2184
Armagh1£6,2501073,2401
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire37£13,691430,37554
Belfast4£7,598960,41016
Berkshire22£10,923638,44160
Bexley - Greater London1£14,240214,554-
Blaenau Gwent1£16,999112,3112
Brent - Greater London1£6,4421192,643-
Bristol17£13,025629,09549
Bromley - Greater London1£17,99528,8312
Buckinghamshire19£11,805638,09960
Cambridgeshire46£14,801423,95966
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Ceredigion1£19,99801005
Cheshire66£15,046316,118160
City of Edinburgh21£13,613322,49054
City of London - Greater London4£12,111548,22612
Clackmannanshire1£16,49813,7491
Coleraine1£5,00010110,0001
Conwy15£15,688325,8708
Cornwall9£16,792215,80012
County Durham41£12,470530,70991
Craigavon3£11,325541,2485
Croydon - Greater London9£17,44115,79611
Cumbria27£16,617210,22863
Derbyshire47£13,877423,64398
Devon26£14,192427,23178
Dorset22£14,337323,62544
Down1£7,995853,0001
Dumfries and Galloway1£14,99839,1521
Dundee City5£15,296313,10815
Dungannon1£19,999322,4376
East Ayrshire14£14,713310,45917
East Riding of Yorkshire14£18,02016,95114
East Sussex18£12,620535,80522
Essex42£14,239321,20656
Falkirk17£16,077210,80639
Fife12£14,352427,10620
Glasgow City33£15,138316,769167
Gloucestershire4£13,749336,57823
Greater Manchester81£13,577427,339157
Hampshire69£11,948533,831173
Havering - Greater London16£11,890640,74011
Hertfordshire30£12,518427,48087
Highland12£16,207111,21920
Hillingdon - Greater London13£6,267969,89916
Hounslow - Greater London1£4,9991178,0001
Inverclyde2£9,499932,8394
Isle of Wight3£10,430825,9215
Kent29£14,505320,540104
Kingston upon Thames - Greater London3£9,547742,647-
Lancashire49£12,828529,238102
Larne1£12,9953-2
Leicestershire28£13,313527,98359
Lincolnshire48£14,393320,74886
Lisburn1£12,495315,8596
Magherafelt1£13,450422,0001
Merseyside14£12,654428,34023
Merthyr Tydfil2£19,999445,0121
Moray2£15,495325,4584
Newry and Mourne6£17,30015,4613
Newtownabbey2£9,635634,40510
Norfolk32£13,333528,03443
North Ayrshire4£8,622954,6406
North Down9£13,601421,93713
North Lanarkshire7£14,999311,83022
North Yorkshire39£15,900215,70190
Northamptonshire22£12,466542,31233
Northumberland1£22,480323,7456
Nottinghamshire30£13,190423,69958
Omagh1£7,9501118,0001
Oxfordshire9£14,517319,55635
Perth and Kinross3£13,832331,2555
Renfrewshire11£14,043316,78375
Rhondda Cynon Taf11£11,021648,06925
Rutland1£22,750315,845-
Scottish Borders1£7,795944,0001
Shropshire23£15,251318,28731
Somerset40£15,687320,15856
South Ayrshire5£10,762628,6578
South Yorkshire34£11,166638,00278
Staffordshire27£12,418531,21382
Stirling5£18,29813,79540
Strabane1£12,895454,115-
Suffolk26£12,419537,69534
Surrey53£16,881210,13295
Sutton - Greater London1£8,495761,1334
The Vale of Glamorgan2£8,573944,7821
Tyne and Wear51£15,070321,99572
Warwickshire24£14,834319,77147
West Lothian5£12,776640,04611
West Midlands117£13,377429,111255
West Sussex23£15,748214,57147
West Yorkshire72£13,604427,699188
Wiltshire35£14,573424,96248
Worcestershire14£14,653319,86148
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