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Used Kia Picanto 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 Kia Picanto on finance

Embarking on the journey to finance a used Kia Picanto can be streamlined with a good understanding of the options available and steps involved. Here's a guide to navigate through your purchasing journey:

Understanding Your Needs and Budget:

  • Evaluate Your Finances: Identify what you can afford as a down payment and monthly installments.
  • Selecting the Right Model: Pick a Kia Picanto variant that aligns with your requirements and budget.
  • Vehicle Inspection: Check the vehicle’s condition and confirm its history to avoid future issues.

Exploring Finance Options:

1. Bank Loan:
  • Advantages: Stable, potentially lower interest rates.
  • Disadvantages: Stricter eligibility criteria and possible lengthy approval processes.
2. Hire Purchase (HP):
  • Advantages: Simple structure, ownership upon last payment.
  • Disadvantages: Higher monthly payments compared to some other options.
3. Personal Contract Purchase (PCP):
  • Advantages: Lower monthly payments, flexible end-of-term options.
  • Disadvantages: Potentially more expensive in the long run, mileage limitations.
4. Dealer Financing:
  • Advantages: Convenient, potential promotions.
  • Disadvantages: May have higher interest rates than banks.
5. Peer-to-Peer Lending:
  • Advantages: Quick and possibly lenient with credit scores.
  • Disadvantages: Ensure the platform's credibility and understand associated terms.

Engaging in the Purchase Process:

a. Select a Reputed Seller:
  • Consider their reliability, customer reviews, and track record.
b. Negotiation:
  • Be prepared with market prices and data to effectively negotiate.
c. Finalizing the Deal:
  • Thoroughly go through all terms before signing the agreement.
d. Insurance:
  • Ensure you get an insurance policy that aligns with your needs before the car is driven.

Post-Purchase Considerations:

  • Maintaining the Car: Keep up with regular services and maintenance.
  • Managing Loan Payments: Ensure timely payments to avoid penalties and safeguard your credit score.

Additional Tips:

  • Depreciation: Keep in mind that cars depreciate, and choose a financing term that acknowledges this factor.
  • Loan Terms: Pay attention to the loan duration and total payable amount, ensuring it aligns with your financial stability.
  • Warranties: Inquire about existing warranties and consider purchasing additional coverage.

In Summary:

When financing a used Kia Picanto, attentiveness to details, a clear understanding of financial products, and mindful budgeting are vital. Ensure a balanced view of the total cost, affordability, and vehicle condition as you proceed, and consult a financial advisor if needed to navigate through the options available to you. This way, you can enjoy your Picanto while being financially savvy!

About the Kia Picanto

Size isn't always an indicator of substance, and the Kia Picanto stands as a testament to this. This compact city car, hailing from the stables of the South Korean automaker, Kia, packs a punch well above its weight class, making it an excellent choice for urban dwellers and first-time drivers alike.

Efficiently Compact:

Designed for the city, the Picanto's compact dimensions make navigating tight streets and squeezing into compact parking spaces a breeze. Yet, the car's interiors are surprisingly spacious, offering a comfortable ride even on longer journeys.

Stylish and Modern:

For a car of its size, the Picanto doesn't skimp on style. Its dynamic front grille, sleek headlights, and contemporary design language make it stand out in a crowd. The interior is equally impressive, with a well-laid-out dashboard and modern infotainment features, ensuring that drivers and passengers remain connected and entertained.

Performance:

Under its hood, the Picanto houses efficient engines tailored for city driving. While it might not be the fastest car on the road, its agility and nimbleness more than compensate. It responds eagerly to driver inputs, making it fun to drive in urban settings.

Safety First:

Despite its compact nature, the Picanto does not compromise on safety. It comes equipped with an array of safety features, including multiple airbags, anti-lock braking systems, and stability control. This ensures peace of mind for both the driver and passengers.

Conclusion:

The Kia Picanto is a shining example of how a small package can deliver big on promises. With its blend of style, efficiency, safety, and affordability, it's an ideal choice for those looking for a reliable and modern city car.

Buying Guide

Want to find out everything about all Picanto models, pros and cons, what to look out for and everything else you need to know? Check out our Kia Picanto buying guide here.

Kia Picanto Data by County

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

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All2,023£10,302631,5644,085
Aberdeen City13£9,289629,60121
Aberdeenshire3£16,66716,47413
Angus5£10,515527,57014
Antrim2£8,097832,75013
Ards7£9,717536,06212
Armagh1£10,495331,228-
Barking & Dagenham - Greater London1£2,49014100,0001
Barnet - Greater London2£15,11829,605-
Bedfordshire23£8,875842,98270
Belfast1£6,999832,00010
Berkshire21£9,133732,03669
Bexley - Greater London1£7,295766,8621
Blaenau Gwent5£12,879323,6871
Brent - Greater London4£4,7241286,2503
Bristol17£7,329953,85633
Bromley - Greater London10£13,55549,60312
Buckinghamshire20£9,651629,04844
Cambridgeshire50£11,638521,887100
Cardiff2£11,975320,8014
Carmarthenshire8£9,006638,0521
Cheshire59£10,980522,846108
City of Edinburgh20£9,842635,61531
City of London - Greater London14£10,989631,25311
Coleraine2£10,645611,4253
Conwy3£13,395429,088-
Cornwall8£10,677627,73518
County Durham36£10,141529,18283
Croydon - Greater London8£13,170311,95821
Cumbria10£12,639429,25416
Denbighshire1£4,395973,0002
Derbyshire57£10,453524,588108
Devon47£11,026629,49781
Dorset23£11,205625,57745
Down1£11,99535,358-
Dumfries and Galloway3£11,148523,5378
Dundee City6£8,261837,54727
Ealing - Greater London4£3,9431350,7502
East Ayrshire5£10,813532,3377
East Riding of Yorkshire4£8,678636,7615
East Sussex22£11,411525,19143
Enfield - Greater London5£13,54927,29225
Essex46£10,950627,72483
Falkirk7£8,697742,0435
Fife24£12,273418,05852
Glasgow City39£12,378419,870106
Gloucestershire14£9,203740,03914
Greater Manchester131£9,621729,795314
Gwynedd3£7,662861,333-
Hampshire57£10,731628,292123
Harrow - Greater London4£8,134820,1107
Havering - Greater London25£11,451527,15437
Herefordshire29£13,097317,06224
Hertfordshire61£11,521525,022128
Highland7£11,611529,94314
Hillingdon - Greater London2£3,9951071,98614
Hounslow - Greater London5£7,409935,71017
Inverclyde3£7,999745,2134
Isle of Wight11£9,159836,65013
Kent71£11,178525,443130
Kingston upon Thames - Greater London1£10,000439,138-
Lancashire57£9,776635,857135
Leicestershire60£11,112529,88885
Lincolnshire43£10,744532,00478
Merseyside16£12,554426,98553
Merthyr Tydfil2£11,986534,4293
Merton - Greater London1£1,99019131,0001
Moray2£11,245320,5506
Neath Port Talbot1£7,990932,153-
Newry and Mourne4£15,57029,4914
Newtownabbey4£9,410647,87913
Norfolk44£11,165524,82275
North Ayrshire2£9,072733,4266
North Lanarkshire8£11,578525,00424
North Yorkshire50£11,253425,05299
Northamptonshire20£10,665529,98838
Northumberland13£10,867429,26111
Nottinghamshire33£11,773421,02790
Oxfordshire10£11,282624,51329
Perth and Kinross5£11,965418,78915
Redbridge - Greater London1£11,99549,225-
Renfrewshire24£10,686529,53433
Rhondda Cynon Taf14£8,678745,08117
Rutland1£10,000617,8192
Scottish Borders1£7,149828,3161
Shropshire20£12,824413,97347
Somerset21£11,324525,82442
South Ayrshire9£11,862524,92424
South Yorkshire54£12,085423,194134
Staffordshire34£10,639531,63762
Stirling12£12,950313,88230
Suffolk29£11,155523,63448
Surrey47£11,981421,99783
Tyne and Wear35£9,664636,66051
Warwickshire3£9,613749,21611
West Dunbartonshire4£11,036520,7941
West Lothian8£11,453524,86330
West Midlands96£10,040630,973210
West Sussex29£10,076631,25961
West Yorkshire80£10,252628,007184
Wiltshire22£9,640729,80359
Worcestershire30£11,574524,46139
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