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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
All1,909£13,344527,5893,550
Aberdeen City11£20,188088037
Aberdeenshire2£13,723618,8604
Angus1£13,995224,2691
Antrim3£12,915536,60212
Ards3£8,867931,8237
Armagh1£11,250452,000-
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire37£13,058533,01749
Belfast6£9,653646,75215
Berkshire25£10,063737,06168
Bexley - Greater London1£14,595214,554-
Blaenau Gwent1£19,49918,5863
Brent - Greater London1£6,4421192,6433
Bristol15£11,467729,18752
Bromley - Greater London1£18,49528,8312
Buckinghamshire27£12,604636,41051
Cambridgeshire43£13,420530,49469
Cardiff1£14,950315,086-
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Cheshire75£14,248420,798158
City of Edinburgh24£13,215427,75251
City of London - Greater London5£13,588435,75313
Clackmannanshire1£16,99813,7491
Conwy15£16,608321,4808
Cornwall10£15,098426,54111
County Durham39£13,201530,57894
Craigavon3£14,82538,6496
Croydon - Greater London13£19,00602,23114
Cumbria34£17,20327,65060
Denbighshire1£12,995414,456-
Derbyshire47£14,685322,22684
Devon30£12,601532,35870
Dorset20£14,151319,71940
Down1£12,495335,000-
Dumfries and Galloway1£16,49816,7202
Dundee City7£17,14024,49313
Dungannon1£21,995322,4377
Ealing - Greater London1£6,495770,0002
East Ayrshire9£16,00939,43616
East Lothian1£6,9951048,7001
East Riding of Yorkshire13£17,80828,65113
East Sussex17£13,713425,79023
Essex32£12,817526,49752
Falkirk21£16,032211,50632
Fife9£12,764631,61021
Glasgow City48£15,996213,43591
Gloucestershire5£14,016231,75626
Greater Manchester89£13,448527,003171
Hampshire80£12,283530,296132
Havering - Greater London11£11,887743,36710
Herefordshire3£12,432431,98916
Hertfordshire42£10,898634,69071
Highland13£17,075110,19013
Hillingdon - Greater London8£5,6191076,72116
Inverclyde2£9,749932,8396
Isle of Wight2£12,247719,8825
Kent27£14,924315,83099
Lancashire63£12,420529,77197
Larne2£11,223530,0002
Leicestershire18£12,244631,89462
Lincolnshire53£13,670424,80778
Lisburn3£8,015852,1164
Magherafelt1£13,450422,0001
Merseyside16£12,463429,59222
Merthyr Tydfil2£20,249445,0122
Moray1£16,99525,8693
Neath Port Talbot1£9,290922,2711
Newry and Mourne6£18,15612,4656
Newtownabbey2£13,975315,46412
Norfolk39£14,375321,39039
North Ayrshire4£13,546522,8083
North Down14£15,020318,80615
North Lanarkshire8£15,470310,85024
North Yorkshire41£15,800215,92182
Northamptonshire17£14,206338,67235
Northumberland2£6,1561056,4458
Nottinghamshire30£12,550527,87760
Omagh1£7,9501118,0001
Oxfordshire16£13,162422,15233
Perth and Kinross2£12,249438,2956
Redbridge - Greater London1£1,4991786,0002
Renfrewshire8£15,123314,53771
Rhondda Cynon Taf15£9,741759,19217
Scottish Borders1£7,795944,0002
Shropshire22£16,208317,70727
Somerset26£16,184420,79043
South Ayrshire7£12,238523,1686
South Yorkshire37£11,438633,74084
Staffordshire37£14,170422,49687
Stirling15£20,06313,30023
Strabane1£12,895454,115-
Suffolk25£12,788431,05438
Surrey55£16,78429,24184
Swansea1£10,995731,182-
The Vale of Glamorgan2£8,573944,782-
Tyne and Wear49£13,788425,23174
Warwickshire26£13,991326,54147
West Lothian4£12,496532,66114
West Midlands133£13,480428,811229
West Sussex30£14,913318,21248
West Yorkshire83£13,885426,935140
Wiltshire27£16,010314,66951
Worcestershire19£14,337423,30145
Wrexham1£14,195323,679-
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