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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
All1,472£18,934212,7254,085
Aberdeen City12£16,281218,66369
Aberdeenshire9£19,274212,27219
Angus2£19,99328,46217
Bedfordshire15£19,167211,96220
Belfast22£18,66719,56645
Berkshire11£21,66227,53823
Blaenau Gwent3£19,09919,04210
Bristol2£20,102312,1969
Bromley - Greater London7£17,165318,82023
Buckinghamshire21£20,57927,28324
Cambridgeshire10£16,445325,68847
Cardiff5£21,99514,6997
Carmarthenshire1£15,990038,00010
Ceredigion14£17,949215,61335
Cheshire42£20,20729,241119
City of Edinburgh41£20,74217,19273
City of London - Greater London34£21,23029,50379
Clackmannanshire1£20,69811,6066
Conwy3£25,19526,0002
Cornwall1£14,450216,9739
County Durham35£18,722211,357162
Craigavon1£20,49515,0841
Croydon - Greater London15£17,280212,00135
Cumbria22£19,29118,61670
Derbyshire12£15,924215,90994
Devon16£16,901214,90523
Dorset5£20,637110,80611
Dumfries and Galloway1£21,29801,1903
Dundee City6£17,832319,88410
Dungannon1£14,990430,473-
East Ayrshire1£16,49812,8203
East Riding of Yorkshire11£17,716219,52118
East Sussex2£14,683434,64812
Essex70£18,780213,256141
Falkirk2£18,34824,08720
Fermanagh3£24,95015,5471
Fife31£24,27601,77134
Glasgow City32£21,71726,250146
Gloucestershire22£22,020212,14244
Greater Manchester102£20,08119,626205
Hampshire12£18,057217,05877
Havering - Greater London12£20,63617,95328
Hertfordshire51£19,044211,50667
Highland5£20,637220,05915
Hillingdon - Greater London11£21,96418,17813
Isle of Wight4£21,365011,7752
Kent45£19,571210,400106
Lancashire58£19,196213,204173
Leicestershire7£18,410111,25933
Lincolnshire15£18,688211,59059
Lisburn1£13,995313,6917
Merseyside80£20,97927,30890
Merthyr Tydfil1£15,210411,2421
Moray1£16,995317,06210
Newport4£17,320325,61858
Newry and Mourne9£19,62419,23211
Newtownabbey4£18,560322,6257
Norfolk21£19,370215,80447
North Down5£17,07214,9784
North Lanarkshire6£16,665220,87624
North Yorkshire23£17,239214,64436
Northamptonshire2£21,198210,7014
Northumberland14£18,676210,90333
Nottinghamshire12£17,617216,76433
Omagh2£17,144427,117-
Oxfordshire6£19,77819,20020
Perth and Kinross5£20,476212,87714
Renfrewshire11£17,634210,49068
Scottish Borders1£15,495420,285-
Shropshire25£20,284111,170181
Somerset9£22,10115,03229
South Ayrshire11£18,34328,32856
South Lanarkshire12£20,08018,47224
South Yorkshire20£17,802215,69870
Staffordshire35£17,821216,12880
Stirling12£19,639211,60533
Strabane3£23,64213,7964
Suffolk13£19,532212,83631
Surrey17£19,174212,59791
Swansea1£15,499422,17233
Tyne and Wear41£17,246214,94277
Waltham Forest - Greater London5£16,046216,03334
Warwickshire6£17,756210,39016
West Lothian2£14,749317,3679
West Midlands76£18,076212,979253
West Sussex8£19,387110,22830
West Yorkshire60£21,687212,167189
Wiltshire16£21,49727,57868
Worcestershire24£18,13918,64357
Wrexham2£17,608212,4521
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