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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
All1,918£13,250527,3063,514
Aberdeen City12£19,638083037
Aberdeenshire2£13,723618,8604
Antrim3£12,965536,60212
Ards4£8,213944,6186
Argyll and Bute1£9,4791015,000-
Armagh1£11,995452,000-
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire37£13,293530,92448
Belfast6£11,020541,45014
Berkshire24£10,253735,64769
Bexley - Greater London1£14,595214,554-
Blaenau Gwent1£19,49918,5863
Brent - Greater London1£6,4421192,6433
Bristol15£11,469729,18753
Bromley - Greater London1£18,49528,8312
Buckinghamshire25£13,096636,99353
Cambridgeshire45£13,454531,45567
Cardiff1£14,950315,086-
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Cheshire72£14,596419,639149
City of Edinburgh22£13,270529,27554
City of London - Greater London5£13,588435,75313
Clackmannanshire1£16,99813,7492
Conwy15£16,608321,4808
Cornwall9£16,054321,31711
County Durham37£13,193531,86294
Craigavon3£14,82538,6496
Croydon - Greater London12£19,00602,07014
Cumbria35£17,22627,43160
Denbighshire1£12,995414,456-
Derbyshire47£14,945321,22583
Devon34£11,952635,06568
Dorset25£13,995321,13435
Down1£12,495335,000-
Dumfries and Galloway2£15,99827,9361
Dundee City9£17,55313,49112
Dungannon1£21,995322,4377
Ealing - Greater London1£6,495770,0002
East Ayrshire9£16,03139,43617
East Lothian1£6,9951048,7001
East Riding of Yorkshire13£18,61815,56612
East Sussex17£13,713425,79024
Enfield - Greater London1£6,1951317,7561
Essex31£12,638529,40051
Falkirk20£16,046211,66233
Fife8£13,923525,57022
Glasgow City49£15,907214,32092
Gloucestershire6£15,717328,28526
Greater Manchester91£13,259528,067172
Hampshire75£12,100530,998131
Havering - Greater London10£10,993744,68611
Herefordshire1£15,70029,17617
Hertfordshire43£11,064634,01173
Highland15£16,631212,73011
Hillingdon - Greater London8£5,6821076,72116
Inverclyde3£8,2291031,6275
Isle of Wight2£12,247719,8825
Kent27£14,485316,32999
Lancashire62£12,789528,78195
Larne2£11,223530,0002
Leicestershire17£12,121635,74963
Lincolnshire52£13,723423,96377
Lisburn3£8,015852,1164
Magherafelt1£13,450422,0001
Merseyside16£12,426429,38223
Merthyr Tydfil2£20,249445,0122
Moray1£16,99525,8693
Neath Port Talbot1£9,290922,2711
Newry and Mourne6£18,15612,4657
Newtownabbey2£13,975315,46412
Norfolk39£14,041422,73639
North Ayrshire4£13,546522,8083
North Down12£14,566320,01015
North Lanarkshire8£15,624311,45824
North Yorkshire42£15,799215,79481
Northamptonshire17£14,206338,67235
Northumberland1£3,0001278,0008
Nottinghamshire31£12,764426,83259
Omagh1£7,9501118,0001
Oxfordshire15£13,399421,31233
Perth and Kinross2£12,249438,2956
Redbridge - Greater London1£1,4991786,0002
Renfrewshire11£14,498317,52868
Rhondda Cynon Taf15£9,741759,19217
Scottish Borders1£7,795944,0003
Shropshire24£15,694317,22825
Somerset27£16,083421,88241
South Ayrshire5£13,095417,7586
South Yorkshire40£11,867631,01779
Staffordshire44£13,765424,21382
Stirling15£20,07713,29922
Strabane1£12,895454,115-
Suffolk26£12,781430,57738
Surrey56£16,71229,17585
Swansea1£10,995731,182-
The Vale of Glamorgan2£8,698944,782-
Tyne and Wear46£13,782424,57974
Warwickshire27£14,323323,98146
West Lothian3£12,828621,95214
West Midlands126£13,451428,790230
West Sussex32£14,657319,67050
West Yorkshire82£13,489529,234136
Wiltshire30£15,924315,61049
Worcestershire20£13,529522,84343
Wrexham1£14,195323,679-
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