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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.

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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
All1,988£13,026530,1794,414
Aberdeenshire12£14,881419,17958
Angus9£14,496314,67317
Ayrshire17£12,711518,69538
Bedfordshire38£14,395528,76269
Berkshire22£10,995638,95757
Blaenau Gwent3£11,598543,3015
Borders1£7,795944,000-
Bridgend9£11,166637,75819
Bristol15£10,085744,69450
Buckinghamshire26£12,491544,45054
Caerphilly1£5,295891,0002
Cambridgeshire39£15,039321,94476
Cardiff7£15,353214,61826
Carmarthenshire3£9,227754,7211
Ceredigion2£14,49758,7764
Cheshire65£14,644318,502155
Conwy17£15,132426,0129
Cornwall14£14,698419,44121
County Antrim17£11,302538,03036
County Armagh13£14,500325,63512
County Down14£11,435626,70426
County Durham38£12,994527,06591
County Fermanagh2£8,743368,557-
County Londonderry5£12,676429,8708
County Tyrone3£10,580641,3725
Cumbria23£15,394318,20268
Derbyshire37£14,015420,619100
Devon30£13,147529,82670
Dorset21£12,611535,98541
East Riding of Yorkshire15£16,799210,60025
East Sussex25£13,119532,61051
Essex48£13,540422,41888
Falkirk14£16,582210,51141
Fife10£15,824317,26220
Flintshire3£5,6151184,1873
Gloucestershire18£13,664423,53222
Greater London95£12,005531,589148
Greater Manchester87£12,577530,396172
Hampshire87£12,151534,720187
Herefordshire2£9,998832,80811
Hertfordshire42£11,731530,65098
Highland6£15,248213,18927
Inverclyde2£8,999932,8392
Isle of Wight2£11,997719,8824
Kent52£13,842424,255134
Lanarkshire34£15,279213,205189
Lancashire46£11,943636,105119
Leicestershire22£12,712530,42961
Lincolnshire46£12,740427,72987
Merseyside23£12,290524,49235
Merthyr Tydfil2£19,749445,0121
Midlothian24£12,314529,95264
Monmouthshire1£6,8991046,0002
Moray1£16,99525,8694
Neath Port Talbot1£6,9991059,429-
Newport7£13,578419,40046
Norfolk31£13,444530,74458
North Yorkshire44£14,969319,29087
Northamptonshire19£12,849439,03642
Northumberland2£11,750625,4609
Nottinghamshire43£13,496426,47777
Oxfordshire12£14,270320,35635
Pembrokeshire1£5,9958102,5601
Perth & Kinross2£16,999210,0207
Renfrewshire13£12,921529,60182
Rhondda Cynon Taf8£12,700537,17629
Rutland1£22,450315,845-
Shropshire19£16,037214,47329
Somerset35£13,431525,39268
South Yorkshire26£12,395534,86876
Staffordshire28£11,758533,086112
Stirling10£19,34712,05638
Suffolk27£12,142538,60147
Surrey63£16,390215,393111
Swansea12£12,910433,71841
Tyne and Wear50£13,706429,16572
Vale of Glamorgan3£13,546411,5753
Warwickshire22£14,384422,03658
West Lothian7£9,821839,37814
West Midlands120£13,098428,183247
West Sussex20£14,711318,01935
West Yorkshire94£13,917426,955179
Wiltshire33£14,650422,72552
Worcestershire24£13,793324,62444
Wrexham1£12,230348,0172
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