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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
All1,434£19,118213,7274,184
Aberdeen City3£16,731221,32271
Aberdeenshire6£21,65615,63319
Angus2£14,243336,39511
Ards1£13,499335,8781
Bedfordshire11£19,420212,80325
Belfast22£19,41216,57653
Berkshire8£22,92815,86421
Blaenau Gwent5£19,879112,16112
Bristol4£18,109318,0425
Bromley - Greater London4£15,411323,62521
Buckinghamshire20£19,429210,48030
Cambridgeshire23£15,624331,50635
Carmarthenshire1£15,990038,0009
Ceredigion17£21,21918,83442
Cheshire42£19,401210,663114
City of Edinburgh29£20,35616,50988
City of London - Greater London42£19,857210,54868
Conwy3£25,19526,0002
Cornwall1£15,848229,80815
County Durham37£18,419211,809139
Croydon - Greater London14£17,208316,80136
Cumbria22£19,741111,33761
Derbyshire15£17,440216,68592
Devon22£17,636212,86224
Dorset5£25,55411,41514
Dumfries and Galloway1£21,29801,1901
Dundee City2£20,125313,14814
East Riding of Yorkshire19£19,484217,87517
East Sussex3£18,788323,6797
Enfield - Greater London1£16,699330,3071
Essex82£18,718212,257138
Falkirk7£18,95329,72818
Fermanagh3£24,95015,547-
Fife27£23,90003,43641
Glasgow City15£22,33614,230141
Gloucestershire20£22,259210,23023
Greater Manchester94£20,166110,278223
Hampshire13£18,746118,41783
Harrow - Greater London1£13,995329,058-
Havering - Greater London17£19,655110,01325
Hertfordshire65£18,430214,01187
Highland5£19,297219,74915
Hillingdon - Greater London11£22,10918,63411
Isle of Anglesey1£15,945325,985-
Isle of Wight6£19,857011,7831
Kent49£19,981110,444118
Lancashire52£19,410211,769178
Leicestershire8£16,854216,71334
Lincolnshire15£18,872214,34136
Lisburn2£14,995311,2834
Merseyside72£21,21117,095100
Merthyr Tydfil2£15,771319,7502
Moray1£16,995317,0628
Newport5£17,715324,29038
Newry and Mourne9£19,442110,58314
Newtownabbey2£20,873213,7509
Norfolk23£18,589213,68747
North Down2£16,84314,6497
North Lanarkshire4£18,88728,31726
North Yorkshire17£17,490217,10345
Northamptonshire2£20,679210,7014
Northumberland14£18,45828,80139
Nottinghamshire13£18,278111,25738
Omagh2£17,144427,117-
Oxfordshire7£21,51314,90520
Perth and Kinross3£21,163314,85010
Renfrewshire7£22,26702,56570
Scottish Borders1£15,495420,346-
Shropshire21£20,152211,576267
Somerset7£22,38517,92631
South Ayrshire8£18,87329,36568
South Lanarkshire6£22,67914,72422
South Yorkshire15£18,244216,49773
Staffordshire32£17,638217,82293
Stirling6£22,16316,97435
Strabane6£25,06812,0253
Suffolk19£19,424110,72434
Surrey32£20,009213,25184
Swansea4£17,124323,87928
Tyne and Wear28£17,331214,14978
Waltham Forest - Greater London2£15,999111,82935
Warwickshire7£17,147213,57619
West Lothian2£14,649317,3708
West Midlands59£17,906213,123254
West Sussex3£21,495210,13738
West Yorkshire61£22,095212,035201
Wiltshire20£22,28425,29748
Worcestershire31£18,04219,85562
Wrexham1£15,99517,1002
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