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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.

2,038 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
All1,987£13,219529,4114,398
Aberdeenshire14£15,254316,44158
Angus8£14,683315,12617
Ayrshire17£12,711518,69539
Bedfordshire32£14,003427,30169
Berkshire22£10,660641,42963
Blaenau Gwent4£12,422535,4765
Borders1£7,795944,000-
Bridgend9£11,229637,75819
Bristol12£10,928642,18651
Buckinghamshire20£12,670535,48655
Caerphilly1£5,295891,0002
Cambridgeshire39£15,047321,20374
Cardiff10£14,520317,28324
Carmarthenshire1£15,990110,9961
Ceredigion1£19,99801004
Cheshire63£14,311419,989160
Conwy17£15,163425,73310
Cornwall12£15,440316,45221
County Antrim19£11,585535,29334
County Armagh12£14,732323,53510
County Down14£11,622625,55226
County Durham44£12,995426,88683
County Fermanagh1£11,495343,476-
County Londonderry5£12,676429,8708
County Tyrone3£10,613641,3725
Cumbria23£15,448317,21066
Derbyshire42£14,107319,48297
Devon29£13,513428,81971
Dorset20£12,559540,31243
East Riding of Yorkshire16£17,16719,89425
East Sussex27£12,568536,33850
Essex51£13,711421,86986
Falkirk17£16,379212,02039
Fife11£15,935316,33119
Flintshire3£5,6151184,5903
Gloucestershire14£14,166322,77923
Greater London99£12,337530,162145
Greater Manchester82£13,186527,718175
Hampshire78£11,755637,497188
Herefordshire2£9,998832,80813
Hertfordshire41£11,470532,10698
Highland6£14,165321,57526
Inverclyde2£8,999932,8393
Isle of Wight3£10,430825,9213
Kent45£13,850424,917140
Lanarkshire34£15,062313,654189
Lancashire49£12,230534,399116
Leicestershire24£12,519528,54366
Lincolnshire46£13,059427,60486
Merseyside21£12,056525,50233
Merthyr Tydfil2£19,749445,0121
Midlothian22£12,876427,25364
Monmouthshire1£6,8991046,0002
Moray1£16,99525,8694
Neath Port Talbot1£7,4991059,429-
Newport7£14,123418,14348
Norfolk33£13,693527,52156
North Yorkshire44£15,443317,97185
Northamptonshire23£12,993442,01538
Northumberland3£15,259430,4217
Nottinghamshire45£13,664424,97078
Oxfordshire11£14,535317,59833
Pembrokeshire1£5,9958102,5601
Perth & Kinross3£14,765323,9846
Powys1£8,3951051,6351
Renfrewshire13£12,921529,60183
Rhondda Cynon Taf10£12,829533,80828
Rutland1£22,450315,845-
Shropshire20£16,793212,55428
Somerset39£14,375522,97963
South Yorkshire34£11,398640,23978
Staffordshire30£12,461528,269106
Stirling11£18,95115,80637
Suffolk26£11,952540,29948
Surrey65£16,354214,890106
Swansea9£12,898436,13545
Tyne and Wear46£13,912428,14576
Vale of Glamorgan2£13,445513,5924
Warwickshire25£14,146425,86857
West Lothian6£9,458943,52914
West Midlands117£13,432427,142251
West Sussex20£14,155319,85434
West Yorkshire90£13,966427,900180
Wiltshire34£14,584424,78852
Worcestershire25£14,138320,78343
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