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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
All1,387£19,185213,1584,091
Aberdeen City11£16,953220,68671
Aberdeenshire8£19,809111,35118
Angus2£19,99328,46214
Bedfordshire13£19,497212,27022
Belfast27£18,418112,83249
Berkshire8£22,71216,75922
Blaenau Gwent8£19,087213,31910
Bristol2£20,102312,5717
Bromley - Greater London4£16,069323,29722
Buckinghamshire19£20,15427,00527
Cambridgeshire13£15,113334,32341
Carmarthenshire1£15,990038,0009
Ceredigion11£19,022213,69448
Cheshire41£20,013211,605115
City of Edinburgh33£20,00217,61080
City of London - Greater London39£20,67029,50776
Clackmannanshire1£20,49813,1846
Conwy3£25,19526,0002
Cornwall1£16,041229,80812
County Durham32£18,422212,128154
Craigavon1£20,49515,0931
Croydon - Greater London18£16,344318,04035
Cumbria25£19,55219,88865
Derbyshire16£16,809316,58195
Devon12£17,827212,86926
Dorset5£24,45413,63913
Dumfries and Galloway1£21,29801,1902
Dundee City5£17,999214,61813
Dungannon1£14,990430,473-
East Riding of Yorkshire10£16,989320,49019
East Sussex2£14,683434,64810
Essex72£19,037211,471131
Falkirk4£23,12212,23619
Fermanagh3£24,95015,5471
Fife26£24,29802,01541
Glasgow City22£21,32627,855142
Gloucestershire23£22,011212,99217
Greater Manchester104£20,001110,700212
Hampshire11£17,674217,99778
Havering - Greater London18£19,92418,70026
Hertfordshire49£19,534212,34784
Highland7£19,740216,90215
Hillingdon - Greater London13£21,70017,80511
Isle of Wight4£21,040011,7752
Kent44£19,951110,917114
Lancashire50£19,275214,145175
Leicestershire5£16,987215,99934
Lincolnshire16£18,049213,07835
Merseyside78£21,02717,58490
Merthyr Tydfil2£15,103424,2941
Moray1£16,995317,0629
Newport7£17,465223,15145
Newry and Mourne8£19,57818,86512
Newtownabbey3£18,415314,5008
Norfolk19£19,532214,11545
North Down3£17,22514,0276
North Lanarkshire4£17,211215,59025
North Yorkshire18£16,965216,62242
Northamptonshire2£20,990210,7014
Northumberland13£18,88429,52936
Nottinghamshire10£18,226213,01336
Omagh2£17,144427,117-
Oxfordshire6£21,55815,47419
Perth and Kinross4£21,172212,19514
Renfrewshire14£19,64719,10667
Rhondda Cynon Taf1£16,999313,3211
Scottish Borders1£15,495420,346-
Shropshire17£20,592111,133226
Somerset8£22,34115,53631
South Ayrshire7£19,06928,67968
South Lanarkshire10£20,55717,28420
South Yorkshire17£17,854217,11476
Staffordshire28£17,702217,46591
Stirling10£20,21728,68734
Strabane5£24,90212,2813
Suffolk12£19,502213,21930
Surrey26£19,471213,48382
Swansea4£16,924324,71231
Tyne and Wear34£17,542213,45676
Waltham Forest - Greater London4£17,449214,21435
Warwickshire6£16,834212,70516
West Lothian1£14,800210,94410
West Midlands62£18,076212,912255
West Sussex7£19,93517,99732
West Yorkshire51£22,350213,955192
Wiltshire14£21,22228,69346
Worcestershire24£18,33619,23856
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