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Used MG MG5 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 MG5 on finance

Thinking about the MG MG5? If you're in the UK and considering getting a used one on finance, here's a simple guide for you.


Quick Guide: Used MG MG5 on Finance


Why the MG MG5?

  • Electric estate with decent range, making it eco-friendly.
  • Roomy interior and a sizeable boot for all your stuff.
  • Modern tech features and connectivity options.
  • Affordable running costs due to electric powertrain.

Where to Look:

  • Start with MG's official UK used car website.
  • Browse online car marketplaces, local dealerships, and classified ads.

Finance Options:

  1. PCP (Personal Contract Purchase): Pay a deposit, then monthly instalments. At the end, keep, return, or exchange the MG5.
  2. HP (Hire Purchase): Deposit followed by regular payments. Once all payments are done, the car's yours.
  3. Leasing: Pay monthly, use the MG5 for a set time, and return it at the end.

Check Your Credit Score: See your credit score before looking at finance. It can influence the terms you're offered. There are several UK platforms to help with this.

Set a Budget: Determine a monthly amount that fits your finances. Generally, a bigger upfront deposit can mean lower monthly payments.

Remember:

  • With PCP or leasing, watch out for mileage limits.
  • Understand any fees for ending the agreement early.

Negotiation Tips: Always be ready to haggle—on the car price, interest rate, or extras. You might snag a better deal!


So, that's a quick overview of getting a used MG MG5 on finance in the UK. All the best with your car hunt!

About the MG MG5

The MG MG5, particularly known for its electric variant, is an interesting proposition in the compact estate market, particularly in regions where MG has intensified its focus on electric vehicles (EVs). Here's a quick overview:

Features and Specifications:

  • Electric Powertrain: The MG5 EV stands out as one of the few all-electric estate cars available. The electric powertrain offers swift acceleration, silent operation, and zero emissions, making it both fun and eco-friendly.

  • Range: Depending on the variant and model year, the MG5 EV provides a competitive range on a single charge, suitable for daily commutes and longer drives.

  • Practical Design: Being an estate, the MG5 offers a spacious interior and a generous boot, making it practical for families and those needing additional cargo space.

  • Technology and Infotainment: MG has equipped the MG5 with modern tech features, including a touchscreen infotainment system with smartphone integration, navigation, and more.

  • Safety: The car comes with several safety features typical of modern vehicles, such as ABS, airbags, and electronic stability control. Some models also include advanced driver assistance systems.

  • Affordability: One of the MG5 EV's key selling points is its affordability. It's priced lower than many other electric vehicles, offering good value for those looking to make the transition to electric without breaking the bank.

Conclusion:

The MG MG5, especially its electric version, offers a blend of practicality and eco-friendly driving. For buyers seeking an affordable and spacious electric vehicle, the MG5 EV emerges as an enticing choice, emphasizing MG's commitment to broadening the reach of electric mobility.

MG MG5 Data by County

MG MG5 data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All299£20,679211,625388
Aberdeen City1£13,498344,2995
Angus1£13,499312,4241
Bedfordshire2£21,44527,4665
Belfast3£15,16339,4936
Berkshire5£24,55215,2131
Blaenau Gwent1£19,99915,672-
Bristol1£23,40012,145-
Buckinghamshire2£24,27524,6523
Cambridgeshire12£17,459217,55510
Cardiff4£19,81828,7034
Ceredigion6£19,595212,14111
Cheshire13£21,14729,60916
City of London - Greater London10£19,099213,73323
Coleraine1£15,495312,984-
Conwy2£24,495319,148-
County Durham5£19,738210,91910
Croydon - Greater London1£11,450345,2832
Cumbria1£22,10323,9863
Derbyshire2£18,82329,1149
Devon3£21,088213,0039
Dorset5£25,57612,3503
Dundee City1£25,50013,0003
East Riding of Yorkshire7£18,356221,7131
East Sussex6£16,660214,5767
Essex13£22,894212,2258
Fermanagh1£28,95012,781-
Fife3£33,1622503
Glasgow City3£19,49829,77812
Gloucestershire6£23,38425,39311
Greater Manchester5£23,157213,0347
Hampshire4£23,44613,8457
Havering - Greater London4£22,07024,3031
Hertfordshire8£21,91128,63011
Highland2£28,99811,890-
Hillingdon - Greater London5£20,958218,6122
Kent5£20,177219,9779
Lancashire12£19,535211,37823
Leicestershire3£15,158337,9273
Lincolnshire9£19,610213,72812
Merseyside2£18,584310,6398
Newport1£14,970315,2743
Newry and Mourne1£27,99501,0001
Norfolk5£22,54424,93410
North Yorkshire1£14,899318,1394
Northumberland6£19,116211,1273
Nottinghamshire1£21,68916,2602
Oxfordshire1£22,19011,0083
Perth and Kinross1£25,49513-
Renfrewshire2£22,497210-
Scottish Borders1£13,999353,949-
Somerset13£22,51427,8047
South Lanarkshire1£21,99818,0472
South Yorkshire4£15,844228,41410
Staffordshire4£19,27927,77517
Stirling3£18,429215,8333
Strabane3£24,97512,135-
Suffolk5£19,893221,7676
Surrey6£23,11316,6332
Swansea1£15,999220,9212
Tyne and Wear10£20,860210,3988
Waltham Forest - Greater London1£15,99919,089-
West Midlands27£21,09026,86822
West Sussex1£22,65011,8472
West Yorkshire11£19,804211,69414
Wiltshire7£21,394211,00012
Worcestershire2£21,82321,9206
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