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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.

2,098 cars

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
All2,036£13,048529,7824,429
Aberdeenshire12£14,755420,10755
Angus8£14,058420,77618
Ayrshire15£12,240518,89440
Bedfordshire38£14,082529,44769
Berkshire28£10,844638,13952
Blaenau Gwent4£12,374540,9765
Borders1£7,795944,000-
Bridgend8£11,227735,61220
Bristol16£10,281740,91848
Buckinghamshire29£12,121543,11950
Caerphilly1£5,295891,0002
Cambridgeshire46£15,637318,75379
Cardiff5£15,640210,56927
Carmarthenshire3£9,227754,7211
Ceredigion2£14,49758,7764
Cheshire65£14,577322,233156
Conwy17£15,101426,1768
Cornwall14£14,791320,35922
County Antrim17£11,115637,31338
County Armagh14£14,535324,18310
County Down13£11,928525,65427
County Durham55£13,649421,10490
County Fermanagh2£8,743368,557-
County Londonderry4£14,095326,0619
County Tyrone5£9,538745,5865
Cumbria22£15,053318,57370
Derbyshire47£14,216318,644101
Devon24£13,981427,52274
Dorset20£12,657534,69343
East Riding of Yorkshire12£16,467212,84329
East Sussex29£12,929533,27348
Essex48£13,273423,15289
Falkirk14£16,568210,51136
Fife9£15,067316,73521
Flintshire3£5,6151184,1873
Gloucestershire15£13,280425,79122
Greater London100£12,246530,024152
Greater Manchester83£12,903529,604179
Hampshire85£11,758635,000182
Herefordshire3£10,232828,6879
Hertfordshire41£11,274534,900104
Highland6£14,414317,60727
Inverclyde2£9,249932,8392
Isle of Wight3£9,415926,2544
Kent46£13,805423,678142
Lanarkshire38£15,612210,540193
Lancashire53£12,641531,664118
Leicestershire19£12,329531,98563
Lincolnshire51£12,820428,19280
Merseyside20£12,914423,73637
Merthyr Tydfil2£19,749445,0121
Midlothian25£12,099530,25461
Monmouthshire1£6,8991046,0002
Moray1£16,99525,8694
Neath Port Talbot1£6,9991059,429-
Newport13£14,801318,66143
Norfolk33£13,306531,04258
North Yorkshire42£15,097319,10486
Northamptonshire20£11,941543,45443
Northumberland2£11,249629,2338
Nottinghamshire40£13,634425,67880
Oxfordshire15£13,934424,44033
Pembrokeshire1£5,9958102,5601
Perth & Kinross2£16,999210,0207
Renfrewshire12£13,831423,79784
Rhondda Cynon Taf10£11,808543,61626
Rutland1£22,450315,845-
Shropshire17£15,707314,29729
Somerset34£13,830524,14967
South Yorkshire34£13,060430,84276
Staffordshire26£12,372530,116103
Stirling10£18,04812,10340
Suffolk28£12,955433,51746
Surrey58£16,738213,717111
Swansea14£14,305322,35444
Tyne and Wear47£13,901428,54978
Vale of Glamorgan3£13,546411,5753
Warwickshire31£15,065320,13456
West Lothian7£9,749839,37813
West Midlands121£13,308426,321245
West Sussex22£14,922316,84032
West Yorkshire85£13,792427,453188
Wiltshire37£14,617422,81349
Worcestershire25£14,501321,59747
Wrexham1£11,990348,0172
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