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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
All1,962£13,007528,3313,484
Aberdeen City14£18,51114,22835
Aberdeenshire2£13,723618,8605
Antrim4£13,647429,57811
Ards4£8,213944,6186
Argyll and Bute1£9,4791015,000-
Armagh1£11,995452,000-
Barking & Dagenham - Greater London1£1,9951391,010-
Bedfordshire36£13,142534,03348
Belfast7£11,001540,83013
Berkshire23£9,523838,09871
Bexley - Greater London1£14,595214,554-
Blaenau Gwent1£18,19907822
Brent - Greater London1£6,4421192,6433
Bristol18£10,851735,55452
Bromley - Greater London1£18,49528,8312
Buckinghamshire27£12,986537,23751
Cambridgeshire45£13,638528,89464
Cardiff1£14,950315,0861
Carmarthenshire1£15,990110,996-
Carrickfergus1£11,995317,2001
Cheshire78£14,604419,017145
City of Edinburgh22£12,369533,80851
City of London - Greater London6£13,707433,94712
Coleraine1£7,995769,0002
Conwy15£16,608321,4808
Cornwall9£16,054321,31711
County Durham38£13,359531,07097
Craigavon3£14,82538,6496
Croydon - Greater London12£19,00602,07014
Cumbria35£17,34026,83860
Denbighshire1£12,995414,456-
Derbyshire50£14,613322,47481
Devon38£12,128633,05065
Dorset25£14,379316,79033
Down1£12,995335,000-
Dumfries and Galloway2£15,99827,9361
Dundee City8£17,43513,92612
Dungannon1£21,995322,4377
Ealing - Greater London1£6,495770,0002
East Ayrshire9£16,03139,43618
East Lothian1£6,9951048,7002
East Riding of Yorkshire13£18,54115,51712
East Sussex18£13,117530,69124
Enfield - Greater London1£6,1951317,7561
Essex32£12,403531,10653
Falkirk21£15,776212,16132
Fife8£13,930525,57022
Glasgow City51£15,766214,99190
Gloucestershire7£16,198224,24625
Greater Manchester93£13,242526,975166
Hampshire77£12,193530,835128
Havering - Greater London10£10,997744,68611
Herefordshire2£16,00027,33416
Hertfordshire44£10,993633,79579
Highland16£16,686212,64711
Hillingdon - Greater London9£5,7831077,15915
Hounslow - Greater London1£7,4991036,0002
Inverclyde3£8,2291031,6275
Isle of Wight2£12,247719,8825
Kent28£14,147319,998100
Lancashire62£13,131425,76496
Larne2£11,223530,0002
Leicestershire19£11,821632,54662
Lincolnshire54£13,657424,60077
Lisburn3£8,015852,1164
Magherafelt1£13,450422,0001
Merseyside17£13,057427,45523
Merthyr Tydfil3£16,832543,3041
Moray1£16,99525,8693
Neath Port Talbot1£9,290922,2711
Newry and Mourne7£17,275110,6726
Newtownabbey3£13,975215,63111
Norfolk40£14,061422,48438
North Ayrshire4£13,546522,8083
North Down12£14,566320,01016
North Lanarkshire9£14,721416,11223
North Yorkshire47£15,994215,99677
Northamptonshire19£13,441439,86435
Northumberland1£3,0001278,0008
Nottinghamshire27£13,011427,27161
Omagh1£7,9501118,0001
Oxfordshire12£13,295422,88134
Perth and Kinross2£12,249438,2956
Redbridge - Greater London1£1,4991786,0002
Renfrewshire19£15,893210,14860
Rhondda Cynon Taf11£8,640865,78517
Scottish Borders1£7,795944,0003
Shropshire25£15,708316,93026
Somerset23£15,838423,02642
South Ayrshire4£12,370522,1976
South Yorkshire42£12,146630,21880
Staffordshire43£14,044423,72286
Stirling17£19,62613,53721
Strabane1£12,895454,115-
Suffolk23£12,751432,74042
Surrey61£16,491210,11681
Swansea2£9,747747,0781
The Vale of Glamorgan2£8,698944,782-
Tyne and Wear40£13,841426,64472
Warwickshire24£14,039326,43045
West Lothian4£13,120621,74213
West Midlands122£13,664427,514232
West Sussex32£14,657319,67050
West Yorkshire87£13,443529,162136
Wiltshire29£16,127317,49750
Worcestershire19£12,743626,37841
Wrexham1£14,195323,679-
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