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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
All1,787£13,233529,7493,847
Aberdeen City18£17,64714,28447
Aberdeenshire3£10,329735,8752
Angus1£19,99508551
Antrim6£13,386430,6089
Ards5£10,076830,2184
Armagh1£6,2501073,2401
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire37£13,691430,37554
Belfast5£8,877751,45915
Berkshire20£11,175637,64061
Bexley - Greater London1£14,240214,554-
Blaenau Gwent1£16,999112,3112
Brent - Greater London1£6,4421192,643-
Bristol17£13,021629,09549
Bromley - Greater London1£17,99528,8312
Buckinghamshire18£12,278536,82760
Cambridgeshire45£15,054322,85266
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Ceredigion1£19,99801004
Cheshire64£15,002316,490160
City of Edinburgh21£13,605322,49052
City of London - Greater London4£12,023548,22612
Clackmannanshire1£16,49813,7491
Coleraine1£5,00010110,0001
Conwy15£15,666325,8708
Cornwall8£16,936216,64613
County Durham42£12,306531,55690
Craigavon4£12,243532,9874
Croydon - Greater London9£17,44115,79611
Cumbria27£16,432211,48064
Derbyshire47£13,849423,75798
Devon27£14,142427,18478
Dorset22£14,337323,62544
Down1£7,995853,0001
Dumfries and Galloway1£14,49839,1521
Dundee City5£15,296313,10815
Dungannon1£19,999322,4376
East Ayrshire13£14,614311,26317
East Riding of Yorkshire14£18,01716,95114
East Sussex18£12,620535,80519
Essex44£14,405320,51856
Falkirk14£16,111211,86642
Fife11£15,112421,33219
Glasgow City30£14,999317,571171
Gloucestershire4£13,749336,57823
Greater Manchester85£13,508427,789154
Hampshire70£11,816634,399172
Havering - Greater London17£11,561641,00111
Herefordshire1£7,5001147,01211
Hertfordshire30£12,202427,77788
Highland11£16,044111,22721
Hillingdon - Greater London13£6,267969,89916
Hounslow - Greater London1£4,9991178,0001
Inverclyde2£8,999932,8394
Isle of Wight3£10,430825,9214
Kent29£14,486320,540103
Kingston upon Thames - Greater London3£9,547742,647-
Lancashire50£12,765530,384103
Larne1£12,9953-2
Leicestershire27£13,752524,32362
Lincolnshire47£14,554319,46587
Lisburn1£12,495315,8595
Magherafelt1£13,450422,0001
Merseyside14£12,654428,34023
Merthyr Tydfil2£19,999445,0121
Moray2£15,495325,4583
Newry and Mourne6£17,30015,4613
Newtownabbey1£6,950946,80911
Norfolk31£13,424527,50544
North Ayrshire4£8,622954,6406
North Down9£13,601421,93713
North Lanarkshire7£14,999311,83022
North Yorkshire40£15,604215,83991
Northamptonshire25£12,986437,61833
Northumberland1£22,480323,7455
Nottinghamshire32£13,360422,80458
Omagh1£7,9501118,0001
Oxfordshire9£14,494319,55635
Perth and Kinross2£14,998327,7036
Redbridge - Greater London1£1,50013133,9201
Renfrewshire7£13,069423,65779
Rhondda Cynon Taf10£10,864648,40525
Rutland1£22,750315,845-
Scottish Borders1£7,795944,0001
Shropshire23£15,251318,28731
Somerset41£15,481320,96056
South Ayrshire6£10,632629,6787
South Yorkshire34£10,943638,75378
Staffordshire27£12,398531,22382
Stirling5£18,29813,79539
Strabane1£12,895454,115-
Suffolk25£12,425538,16435
Surrey54£16,758210,79395
Sutton - Greater London1£8,495761,1334
The Vale of Glamorgan1£10,250823,9602
Tyne and Wear50£15,039322,48373
Warwickshire24£14,834319,77147
West Lothian5£12,776640,04611
West Midlands114£13,357429,467255
West Sussex23£15,748214,57146
West Yorkshire72£13,680427,111187
Wiltshire35£14,573424,96247
Worcestershire16£13,836425,01948
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