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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
All1,495£18,900212,4724,044
Aberdeen City12£16,281218,66369
Aberdeenshire9£19,274212,27219
Angus3£17,92829,26016
Bedfordshire15£19,167211,96220
Belfast23£18,81219,25744
Berkshire11£21,66227,53823
Blaenau Gwent3£19,09919,04210
Bristol2£19,669312,1969
Bromley - Greater London9£17,050218,06821
Buckinghamshire21£20,57927,28324
Cambridgeshire11£16,168327,32846
Cardiff5£21,99514,6997
Carmarthenshire2£15,880027,6939
Ceredigion14£17,949215,61335
Cheshire43£20,13629,377119
City of Edinburgh42£20,62917,29772
City of London - Greater London35£21,05229,51278
Clackmannanshire1£20,69811,6066
Conwy3£25,19526,0002
Cornwall1£14,450216,9739
County Durham38£18,661211,391159
Craigavon1£20,49515,0841
Croydon - Greater London13£17,035212,30236
Cumbria23£19,18818,27569
Derbyshire15£15,992217,12691
Devon18£16,838215,09321
Dorset4£21,914213,31210
Dumfries and Galloway1£21,29801,1903
Dundee City6£17,832319,88410
Dungannon1£14,990430,473-
East Ayrshire1£16,49812,8203
East Riding of Yorkshire12£17,431319,67018
East Sussex2£14,683434,64812
Essex69£18,820212,811141
Falkirk2£18,34824,08720
Fermanagh3£24,95015,5471
Fife32£24,01702,18833
Glasgow City34£21,34326,705149
Gloucestershire22£22,036212,14244
Greater Manchester95£20,39619,510206
Hampshire13£17,976216,69276
Havering - Greater London12£20,63617,95328
Hertfordshire54£19,018211,26064
Highland5£20,637220,05915
Hillingdon - Greater London11£21,96418,17813
Isle of Wight4£21,365011,7752
Kent44£19,406210,532105
Lancashire59£19,140213,089174
Leicestershire7£18,410111,25933
Lincolnshire13£18,925211,06759
Lisburn1£13,99531637
Merseyside77£21,15517,13189
Merthyr Tydfil1£15,210411,2421
Moray1£16,995317,06210
Newport4£17,320325,61858
Newry and Mourne9£19,62419,23212
Newtownabbey4£18,560322,6257
Norfolk19£19,736215,68047
North Down5£17,07214,9784
North Lanarkshire5£16,299220,75024
North Yorkshire23£17,239214,64437
Northamptonshire2£21,207210,7014
Northumberland13£18,420211,50733
Nottinghamshire15£17,560217,12630
Omagh2£17,144427,117-
Oxfordshire6£19,77819,20020
Perth and Kinross5£20,476212,87714
Renfrewshire7£18,140210,49068
Scottish Borders1£15,495420,285-
Shropshire23£20,513110,184177
Somerset10£21,87014,62928
South Ayrshire11£18,34328,32856
South Lanarkshire12£20,08018,47224
South Yorkshire21£17,793215,13070
Staffordshire36£17,824215,89178
Stirling13£19,397111,66832
Strabane3£23,64213,7964
Suffolk13£19,532212,83631
Surrey18£19,220212,47991
Swansea2£14,749319,57232
Tyne and Wear42£17,292214,92174
Waltham Forest - Greater London5£16,046216,03335
Warwickshire6£17,777210,39016
West Lothian2£14,749317,3679
West Midlands86£17,995213,509245
West Sussex8£19,387110,22830
West Yorkshire60£21,630212,009190
Wiltshire17£21,85027,48567
Worcestershire26£18,32118,88555
Wrexham2£17,608212,4521
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