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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
All2,086£10,205630,9793,725
Aberdeen City16£11,029521,22315
Aberdeenshire4£13,248315,02014
Angus2£5,895855,18313
Antrim5£10,817510,10711
Ards6£10,367535,04512
Armagh1£10,495331,228-
Ballymena1£3,4001339,3154
Ballymoney1£4,4501030,5672
Barking & Dagenham - Greater London1£2,49014100,0001
Barnet - Greater London2£15,12029,605-
Bedfordshire31£8,229838,44360
Belfast3£8,049833,9848
Berkshire19£11,594522,18966
Bexley - Greater London2£9,143641,5761
Blaenau Gwent4£13,849318,5801
Brent - Greater London3£5,233990,0004
Bristol10£6,7361063,08431
Bromley - Greater London9£12,93458,36711
Buckinghamshire21£9,409632,05742
Cambridgeshire52£11,317524,04492
Cardiff1£11,899314,0554
Carmarthenshire4£8,370740,7651
Cheshire58£11,804419,291104
City of Edinburgh21£9,490634,58829
City of London - Greater London14£12,144525,66412
Coleraine1£11,495411,1993
Conwy3£13,395429,0881
Cornwall10£11,968423,82513
County Durham41£10,133526,42370
Croydon - Greater London12£13,127313,33616
Cumbria11£10,393643,36813
Denbighshire1£4,395973,0002
Derbyshire51£10,257523,467102
Derry1£12,99525,700-
Devon33£10,730631,39276
Dorset22£12,264521,90342
Down1£11,99535,358-
Dumfries and Galloway6£11,182520,1006
Dundee City8£10,058530,77323
Ealing - Greater London4£3,9431350,7502
East Ayrshire4£9,233545,5486
East Riding of Yorkshire4£8,803636,7614
East Sussex24£11,635524,48539
Enfield - Greater London8£13,150323,36822
Essex48£11,746525,65086
Falkirk5£10,239636,0726
Fife25£11,773419,23544
Glasgow City47£12,007421,71497
Gloucestershire14£8,129746,09611
Greater Manchester143£9,730729,656279
Gwynedd3£7,662861,333-
Hampshire52£11,270525,398120
Harrow - Greater London6£6,4301037,6374
Havering - Greater London28£11,098625,05333
Herefordshire29£12,913320,35021
Hertfordshire62£11,722525,422118
Highland7£10,511640,63311
Hillingdon - Greater London3£4,8931163,99015
Hounslow - Greater London5£7,488935,71017
Inverclyde6£8,748639,9512
Isle of Wight12£9,713835,07412
Kent63£11,684523,719118
Kingston upon Thames - Greater London1£10,000439,138-
Lancashire52£9,017738,293132
Larne1£10,950429,000-
Leicestershire59£11,343528,33287
Lincolnshire43£10,820430,37869
Merseyside17£12,153424,32047
Merthyr Tydfil2£11,986534,4293
Merton - Greater London1£1,99019131,0001
Moray2£11,495320,5506
Neath Port Talbot1£7,990932,153-
Newry and Mourne4£14,249310,7823
Newtownabbey4£12,148431,59412
Norfolk50£11,755423,27763
North Ayrshire3£9,213629,4215
North Down2£9,495523,6011
North Lanarkshire9£13,013520,54819
North Yorkshire48£11,167524,05495
Northamptonshire18£11,863521,99137
Northumberland11£11,754425,4009
Nottinghamshire40£11,742419,07470
Oxfordshire12£11,882520,95625
Perth and Kinross8£11,458524,96815
Redbridge - Greater London1£11,99548,695-
Renfrewshire32£10,020631,18224
Rhondda Cynon Taf10£8,220748,91915
Richmond upon Thames - Greater London1£3,9851238,5622
Rutland2£12,225410,4341
Scottish Borders1£7,149828,3161
Shropshire24£12,820318,28943
Somerset24£11,864526,58536
South Ayrshire9£11,951523,69220
South Yorkshire59£11,661425,371119
Staffordshire38£11,103524,62551
Stirling8£13,366311,64732
Suffolk33£11,376418,27938
Surrey53£12,364420,17173
Sutton - Greater London2£2,6931579,5004
Tyne and Wear35£8,905737,70654
Warwickshire2£9,673627,65511
West Dunbartonshire3£12,382415,2241
West Lothian11£10,288626,65327
West Midlands95£10,574626,898185
West Sussex34£9,956631,94354
West Yorkshire73£11,159524,361174
Wiltshire28£10,982625,24747
Worcestershire26£11,530526,03442
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