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Used MG HS 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 MG HS on finance

Buying a used MG HS? Here’s a comprehensive guide to facilitate a smooth and informed purchase through adequate financing and wise decision-making.

1. Understand Your Budget

  • Fixed Spending Limit: Establish the maximum amount for both upfront and ongoing expenses.
  • Investigate Models: Examine various MG HS models and years to align with budget and requirements.

2. In-depth Vehicle Check

  • History Report: Ensure the vehicle has a clean history (accidents, ownership, etc.)
  • Expert Inspection: Employ a professional to check the vehicle's physical and mechanical state.

3. Assess Your Financial Health

  • Credit Score Check: A robust credit score will secure better loan terms.
  • Financial Stability: Confirm your budget can accommodate the potential monthly payments.

4. Explore Financing Alternatives

  • Bank Financing: Explore loan options and interest rates from various banks.
  • Hire Purchase: Pay an initial deposit, followed by fixed monthly payments for straightforward ownership.
  • Dealer Financing: Assess the financing plans offered by car dealerships.
  • Personal Contract Purchase (PCP): Offers lower monthly payments with various options at the contract's end.

5. Expert Negotiation

  • Knowledge Is Power: Familiarize yourself with market rates and specifications for informed bargaining.
  • Effective Dialogues: Harness clear and assertive communication to facilitate beneficial deals.

6. Scrutinize the Contract

  • In-depth Review: Ensure every detail, such as the interest rates and monthly payments, adheres to agreed terms.
  • Legalities: Confirm all aspects of the contract are clear and straightforward.

7. Pre-Ownership Arrangements

  • Optimal Insurance: Secure an insurance policy before finalizing the purchase.
  • Complete Documentation: Methodically process all required paperwork.

8. Sustaining Your Investment

  • Maintain Timely Payments: Regularly manage your payments to protect your credit score.
  • Upkeep and Maintenance: Regularly service the MG HS to retain its performance and value.

9. Forward Planning

  • End-of-Contract Strategy: Prepare for choices, such as refinancing or selling, as the contract concludes.
  • Preserve Resale Value: Maintain the vehicle in optimal condition for the best resale value.

Conclusion

Navigating through the financing of a used MG HS can be an uncomplicated process with meticulous planning, budgeting, and negotiation. Ensure consistent management of payments and maintenance throughout ownership to safeguard your investment and future resale value. With precise preparation, the pleasure of driving your MG HS will be matched by the satisfaction of a well-executed financial plan.

About the MG HS

Wading into the competitive arena of mid-sized SUVs, the MG HS presents itself as a compelling option, especially for the UK motorist. With a blend of modern styling, generous equipment levels, and a value-driven price tag, MG reiterates its commitment to offering quality vehicles that don't break the bank.

A Fresh Chapter for MG:

The MG HS, introduced in 2019, signifies the brand's evolution in the SUV segment. Building on the successes of previous MG models, the HS is designed to cater to families and individuals who seek space, comfort, and the latest in-car tech without the hefty price tag often associated with such offerings.

Stylish and Spacious:

Exterior aesthetics aside, the HS surprises many with its spacious and well-appointed interior. Soft-touch materials, a user-friendly infotainment system, and a plethora of safety features ensure a pleasant journey, whether it's city commuting or long-haul drives across the British countryside.

Position in the UK Market:

Within the bustling UK SUV segment, the MG HS squares off against rivals like the Nissan Qashqai, Kia Sportage, and Skoda Karoq. What sets the HS apart, however, is its unbeatable price-to-features ratio, making it an attractive proposition for value-conscious buyers.

In Conclusion:

The MG HS beautifully captures the brand's aspirations of delivering quality vehicles that resonate with the contemporary motorist. For those in the UK on the hunt for an SUV that's both feature-rich and affordable, the HS is a consideration that's hard to overlook.

MG HS Data by County

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

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All1,439£19,171212,9324,127
Aberdeen City9£17,442219,31672
Aberdeenshire7£20,42518,23819
Angus1£14,990316,48915
Bedfordshire13£19,428212,27022
Belfast22£18,60317,71552
Berkshire8£22,71216,75922
Blaenau Gwent6£18,116217,12712
Bristol2£20,102312,5717
Bromley - Greater London5£16,054323,83722
Buckinghamshire24£20,14229,51227
Cambridgeshire18£15,176335,53041
Carmarthenshire1£15,990038,0009
Ceredigion21£19,833212,46841
Cheshire42£20,108210,718115
City of Edinburgh37£19,61516,92581
City of London - Greater London40£20,51029,50976
Clackmannanshire1£20,49813,1846
Conwy3£25,19526,0002
Cornwall1£15,987229,80812
County Durham32£18,362212,128151
Craigavon1£20,29915,0931
Croydon - Greater London20£16,375319,24236
Cumbria23£19,68219,83567
Derbyshire17£16,606319,82794
Devon12£17,978212,86926
Dorset6£24,37813,23613
Dumfries and Galloway1£21,29801,1902
Dundee City2£20,125313,14816
East Riding of Yorkshire14£20,308213,60319
East Sussex3£18,788323,67910
Enfield - Greater London1£14,999310,122-
Essex71£18,906211,722134
Falkirk5£22,79612,44318
Fermanagh3£24,95015,5471
Fife27£23,91602,99841
Glasgow City22£21,47527,116142
Gloucestershire23£21,891213,78819
Greater Manchester102£19,881210,810217
Hampshire9£17,886219,60480
Harrow - Greater London1£13,995329,058-
Havering - Greater London18£19,86618,70025
Hertfordshire49£19,328212,54686
Highland7£19,740216,90215
Hillingdon - Greater London13£21,70017,80511
Isle of Wight4£21,040011,7752
Kent43£19,860110,521111
Lancashire52£19,309213,934180
Leicestershire7£16,664117,23334
Lincolnshire15£17,915214,34936
Lisburn2£18,49527,8706
Merseyside74£21,25116,93295
Merthyr Tydfil2£15,028424,2941
Moray1£16,995317,0629
Newport5£16,953328,06244
Newry and Mourne8£19,57818,86512
Newtownabbey3£18,415314,5008
Norfolk19£19,533212,66447
North Down3£17,22514,0276
North Lanarkshire4£17,199215,69425
North Yorkshire21£17,333215,58545
Northamptonshire2£20,890210,7014
Northumberland12£18,72429,72936
Nottinghamshire12£17,990212,24931
Omagh2£17,144427,117-
Oxfordshire7£20,82816,93818
Perth and Kinross4£21,172212,19514
Renfrewshire14£19,490110,15768
Scottish Borders1£15,495420,346-
Shropshire17£20,555111,137231
Somerset8£22,34115,53630
South Ayrshire8£18,93628,07568
South Lanarkshire9£20,95216,12021
South Yorkshire18£18,329215,26276
Staffordshire33£17,940216,03489
Stirling10£20,21728,68734
Strabane5£24,90212,2813
Suffolk17£19,352111,90033
Surrey25£19,470213,55179
Swansea5£16,939322,43331
Tyne and Wear36£17,495213,41276
Waltham Forest - Greater London4£16,883218,15735
Warwickshire8£16,541212,90215
West Lothian1£14,800210,94410
West Midlands59£18,176212,580255
West Sussex9£19,89218,31932
West Yorkshire61£21,931212,265197
Wiltshire20£22,06927,18946
Worcestershire26£18,32819,41257
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