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Used Hyundai Ioniq on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Getting a Hyundai Ioniq on finance

  1. Research the Vehicle:

    • Explore the different versions of the Hyundai Ioniq, which include Hybrid, Plug-in Hybrid, and Electric.
    • Identify which variant and specifications fit your needs and preferences.
    • Check the approximate pricing for the chosen model.
  2. Finance Options:

    • Personal Contract Purchase (PCP): Pay a deposit, followed by monthly instalments. At the end, you have the option to make a balloon payment to own the car, return it, or start a new agreement.
    • Hire Purchase (HP): Pay a deposit, then repay the value of the car in monthly instalments. At the end, the car is yours.
    • Personal Loan: Borrow from a bank or lender to buy the car outright and then repay the loan in monthly instalments.
    • Leasing: Rent the car for a specified period (e.g., 2-4 years) and return it at the end.
  3. Quotes and Comparisons:

    • Obtain finance quotes from Hyundai dealerships and independent finance providers.
    • Compare the APR (Annual Percentage Rate) to understand the total cost of borrowing.
  4. Credit Score:

    • Your interest rate and finance terms may be influenced by your credit rating.
    • Review your score through UK credit agencies like Experian, Equifax, or TransUnion.
    • Address any inaccuracies before proceeding.
  5. Budgeting:

    • Determine a realistic monthly payment based on your financial situation.
    • Consider that a larger deposit generally results in lower monthly payments.
  6. Understand the Terms:

    • Familiarise yourself with potential mileage restrictions, especially for PCP or lease agreements.
    • Know any penalties for early repayment or going over the mileage limit.
  7. Negotiate:

    • Use your research to negotiate both the price of the Ioniq and the finance terms.
    • Focus on the total repayment amount, not just the monthly payments.
  8. Seal the Deal:

    • Once you're satisfied with the terms, complete the necessary paperwork.
    • Ensure you understand and agree to all conditions before signing.
    • Retain a copy of all documentation.
  9. Insurance:

    • Before collecting your Ioniq, ensure you have the required car insurance in place.
    • GAP insurance might be worthwhile, covering the difference between the remaining finance amount and the car's insurance valuation if it's written off.
  10. End-of-Agreement Decisions:

  • With PCP: Decide whether to make the balloon payment, hand the car back, or enter a new finance deal.
  • For HP: Once all payments are made, the car is yours.
  • If leasing, prepare to return the car in line with the agreed return standards.
  1. Additional Costs:
  • Budget for other costs like road tax, servicing, MOT (for cars over three years old), and potential charges for exceeding wear and tear allowances on a lease or PCP deal.

When considering car finance, it's essential to choose an option that aligns with your financial circumstances and future predictions. Always consult with financial advisors or professionals if in doubt.

About the Hyundai Ioniq

The Hyundai Ioniq is an innovative eco-friendly vehicle that offers a unique combination of efficiency, style, and advanced technology. Available in hybrid, plug-in hybrid, and fully electric powertrains, the Ioniq stands out as an attractive choice in the competitive green vehicle market. In this piece, we'll explore the key features of the Hyundai Ioniq and discuss the advantages of financing this appealing model for the UK audience.

Hyundai Ioniq: Features and Specifications

The Hyundai Ioniq offers a variety of features that make it an enticing option for drivers seeking an eco-friendly and stylish vehicle:

Efficient Powertrains: The Ioniq is available with a choice of hybrid, plug-in hybrid, and fully electric powertrains, ensuring excellent fuel efficiency and low emissions.

Aerodynamic Design: The Ioniq boasts a sleek and aerodynamic design, with its fluid lines, modern styling, and distinctive Hyundai grille.

Spacious Interior: The Ioniq offers a comfortable and roomy cabin, with ample passenger space, flexible seating configurations, and a range of practical storage solutions.

Advanced Technology: The Ioniq is equipped with a host of modern technology, including a touchscreen infotainment system, smartphone integration, and various driver assistance features.

Financing a Hyundai Ioniq

Opting to finance a Hyundai Ioniq can make this eco-friendly vehicle more accessible, with several key benefits:

Manageable Payments: Financing an Ioniq allows you to spread the cost over a set period, typically between 24 and 60 months, making the purchase price more manageable with smaller monthly payments.

Regular Upgrades: Financing a Hyundai Ioniq enables you to upgrade your vehicle more frequently, ensuring you always drive a model equipped with the latest features and technologies.

Exclusive Offers: Hyundai dealerships and finance partners often present special offers and incentives, such as low-interest rates or deposit contributions, to make financing a new or used Ioniq even more enticing.

Conclusion

The Hyundai Ioniq is an exceptional choice for drivers seeking an eco-friendly and stylish vehicle that offers a unique blend of efficiency, design, and advanced technology. By financing an Ioniq, you can enjoy the benefits of this popular model while taking advantage of manageable payments and flexible finance options. As a symbol of modern eco-friendly automotive design and performance, the Hyundai Ioniq is undoubtedly worth considering.

Hyundai Ioniq Data by County

Hyundai Ioniq data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All773£16,038436,7262,073
Aberdeenshire1£8,995777,0001
Angus1£14,499414,6201
Ards3£11,896465,6663
Barking & Dagenham - Greater London1£14,995576,3531
Barnet - Greater London1£13,690550,80010
Bedfordshire13£16,507443,31428
Belfast8£14,402429,26628
Berkshire5£14,812336,33914
Blaenau Gwent2£12,699420,2262
Brent - Greater London3£14,176467,6678
Bristol11£12,614440,13227
Bromley - Greater London2£19,105320,561-
Buckinghamshire8£14,745329,79620
Cambridgeshire33£12,792442,69951
Cardiff8£14,340430,15014
Ceredigion2£14,677434,1515
Cheshire25£15,105430,45751
City of Edinburgh12£16,313429,88237
City of London - Greater London26£14,493336,806130
Conwy3£15,995531,544-
Cornwall1£6,895783,8896
County Durham4£13,991472,76915
Croydon - Greater London2£13,295539,5009
Cumbria2£24,495316,9005
Derbyshire11£14,062333,98837
Devon8£16,128438,20813
Dorset3£15,551562,4623
Down2£16,495330,131-
Dundee City1£11,690560,5153
Dungannon6£34,348219,6006
East Ayrshire1£12,992445,4848
East Riding of Yorkshire23£16,761330,31259
East Sussex3£11,495639,7089
Essex12£14,360439,74831
Falkirk6£14,173434,76410
Fermanagh1£29,99516,2786
Fife2£24,499323,20711
Glasgow City1£15,840416,83117
Gloucestershire4£14,370543,99817
Greater Manchester59£15,947439,496164
Hampshire14£13,239547,24044
Harrow - Greater London5£14,144445,2787
Havering - Greater London6£13,639451,84710
Herefordshire7£14,437535,93020
Hertfordshire22£13,327441,64360
Hillingdon - Greater London5£10,996650,2586
Hounslow - Greater London3£9,397679,78013
Inverclyde2£17,648418,3375
Kent31£15,318328,12993
Lancashire32£14,326432,70496
Leicestershire8£15,007527,34723
Limavady1£14,990349,000-
Lincolnshire23£16,324324,68837
Lisburn1£15,995429,036-
Merseyside9£14,844323,85558
Newport5£15,388331,1018
Newry and Mourne9£23,644326,9992
Newtownabbey1£11,495448,6011
Norfolk14£16,943327,51432
North Ayrshire1£10,699624,688-
North Lanarkshire1£16,698524,5084
North Yorkshire14£25,273221,07422
Northamptonshire3£13,981443,64821
Northumberland1£14,498360,8983
Nottinghamshire10£13,677434,64225
Oxfordshire6£12,469440,1056
Pembrokeshire2£13,295540,1552
Redbridge - Greater London2£11,098684,5004
Renfrewshire2£15,498424,78312
Rhondda Cynon Taf2£16,221325,5836
Rutland1£13,750729,822-
Shropshire5£16,298436,7779
Somerset14£22,020222,90118
South Yorkshire12£15,989431,63060
Staffordshire13£12,759433,20476
Stirling1£15,498354,3317
Suffolk4£13,211529,42018
Surrey12£15,597329,01530
Swansea3£22,58339,6839
Tyne and Wear10£19,053327,99847
Warwickshire8£34,476210,81810
West Dunbartonshire3£16,631420,6922
West Lothian1£18,998315,7334
West Midlands51£20,404324,121135
West Sussex3£13,395544,56528
West Yorkshire37£24,638325,72682
Wiltshire27£33,603210,14027
Worcestershire5£14,212437,06230
Wrexham1£15,495345,9241
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