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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
All2,163£10,276630,2104,014
Aberdeen City15£10,645520,09422
Aberdeenshire5£12,548420,30315
Angus8£13,620310,0667
Antrim2£9,443532,50012
Ards4£12,140325,24213
Ballymena3£6,697928,4302
Barking & Dagenham - Greater London1£3,1441280,000-
Barnet - Greater London1£15,69019,0002
Bedfordshire39£8,643838,07759
Belfast2£3,3001479,00011
Berkshire29£9,600732,87373
Bexley - Greater London2£9,545641,5761
Brent - Greater London3£4,6661087,3333
Bristol14£8,097943,15327
Bromley - Greater London12£13,887410,5117
Buckinghamshire18£8,315833,75539
Cambridgeshire62£11,376522,24984
Carmarthenshire4£8,120835,1114
Ceredigion5£9,195830,0395
Cheshire64£11,802418,851111
City of Edinburgh16£8,847737,09438
City of London - Greater London16£10,586732,43814
Coleraine2£13,14525,8505
Conwy2£13,745529,0453
Cornwall8£12,177521,94719
County Durham45£10,715525,98775
Craigavon1£10,995419,542-
Croydon - Greater London6£12,338520,83720
Cumbria15£10,201639,61117
Denbighshire2£7,847652,8501
Derbyshire53£9,575626,880106
Derry1£12,99525,7002
Devon42£11,693524,20386
Dorset20£11,353523,62839
Dumfries and Galloway8£9,972623,2968
Dundee City12£10,488527,63422
Ealing - Greater London3£3,4251460,3334
East Ayrshire4£9,449536,4948
East Dunbartonshire1£11,998320,734-
East Lothian2£11,249327,8843
East Riding of Yorkshire5£8,266744,74610
East Sussex23£10,206627,62436
Enfield - Greater London13£13,997314,80920
Essex46£12,109422,61494
Falkirk6£10,345633,1717
Fermanagh1£8,950821,5301
Fife24£11,810418,72462
Glasgow City31£11,511520,33479
Gloucestershire12£9,197640,63918
Greater Manchester133£9,515731,100288
Gwynedd3£7,662861,3332
Hampshire62£10,842625,306135
Harrow - Greater London4£6,9231333,2135
Havering - Greater London32£12,901414,20344
Herefordshire28£12,968419,49719
Hertfordshire53£11,556527,267126
Highland10£12,887425,28611
Hillingdon - Greater London6£6,4541041,47813
Hounslow - Greater London7£11,112523,86723
Inverclyde2£9,649537,5104
Isle of Wight12£9,104836,08713
Kent76£11,018523,105119
Kingston upon Thames - Greater London1£10,000439,1382
Lancashire68£9,581731,166119
Larne1£10,950429,000-
Leicestershire56£10,120631,79878
Lincolnshire48£10,926528,75780
Merseyside20£11,636521,59965
Merthyr Tydfil2£11,454521,3083
Merton - Greater London1£1,99019131,0002
Midlothian1£9,995337,000-
Moray2£11,495320,5502
Neath Port Talbot1£8,4909-2
Newport1£4,4951060,2874
Newry and Mourne3£13,363310,5706
Newtownabbey6£10,757430,91815
Norfolk45£11,337524,57671
North Ayrshire3£8,863540,2708
North Down2£8,345660,576-
North Lanarkshire10£13,788417,29424
North Yorkshire39£11,231522,130104
Northamptonshire16£10,457626,99033
Northumberland11£11,269425,15712
Nottinghamshire37£11,337420,42876
Oxfordshire14£14,00639,46526
Pembrokeshire2£11,997548,9912
Perth and Kinross6£12,512417,65615
Redbridge - Greater London1£12,49548,6951
Renfrewshire20£11,098525,32027
Rhondda Cynon Taf12£7,367855,06215
Richmond upon Thames - Greater London1£4,4851238,5624
Rutland2£12,225410,4342
Scottish Borders2£5,8221124,6581
Shropshire21£13,265311,29046
Somerset24£12,374418,93542
South Ayrshire15£12,083420,07614
South Lanarkshire9£15,36229,55124
South Yorkshire52£9,937628,149127
Staffordshire42£11,380524,45173
Stirling15£12,823315,56730
Suffolk31£11,390519,60639
Surrey54£12,529423,19478
Sutton - Greater London1£2,9951749,0003
Torfaen1£2,9951281,4461
Tyne and Wear35£9,891632,76065
Warwickshire13£12,830417,99619
West Dunbartonshire4£11,285426,418-
West Lothian16£9,775624,33921
West Midlands94£10,131632,312190
West Sussex30£10,512634,79746
West Yorkshire82£10,757527,063179
Wiltshire21£11,810518,96770
Worcestershire28£10,965524,81852
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