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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
All306£20,274211,424409
Barking & Dagenham - Greater London1£13,500315,268-
Bedfordshire4£15,308231,7604
Belfast2£21,75017,7249
Berkshire3£25,51711,7882
Brent - Greater London1£13,809248,000-
Bristol1£23,40013,594-
Buckinghamshire3£22,99315,7453
Cambridgeshire10£17,582219,02210
Cardiff2£17,742214,509-
Carmarthenshire1£12,995318,7001
Ceredigion12£17,187211,61212
Cheshire11£21,00319,64417
City of Edinburgh5£20,17928,2691
City of London - Greater London13£18,287212,81621
Coleraine1£15,495312,984-
Conwy2£24,495319,148-
County Durham4£18,820211,79113
Croydon - Greater London3£16,733216,2982
Derbyshire2£19,99328,6167
Devon6£18,448217,7387
Dorset5£24,97712,3503
Dundee City1£23,50013,0003
East Riding of Yorkshire5£18,459215,2231
East Sussex5£16,092215,9264
Essex11£25,55814,18212
Fife1£20,99813,8417
Glasgow City2£17,148312,2069
Gloucestershire7£24,07826,3038
Greater Manchester9£20,421213,1868
Hampshire6£22,15114,9324
Havering - Greater London4£21,25324,3031
Hertfordshire10£17,935215,61112
Highland2£28,99811,640-
Hillingdon - Greater London6£18,940228,5672
Kent7£19,341216,9327
Lancashire5£22,25416,21130
Leicestershire2£20,689210,6645
Lincolnshire9£18,586212,34913
Merseyside2£17,584310,6396
Newry and Mourne2£20,99729,549-
Norfolk7£19,56629,2986
North Down1£27,9900500-
North Lanarkshire4£16,700216,1301
North Yorkshire2£18,99729,6214
Northumberland4£21,01225,7225
Oxfordshire1£21,49011,0084
Pembrokeshire1£19,99512,0002
Perth and Kinross1£25,49513-
Renfrewshire1£30,9952101
Scottish Borders1£13,999354,525-
Shropshire4£19,72327,7664
Somerset12£21,17428,2188
South Lanarkshire1£20,99818,0472
South Yorkshire2£17,395218,15213
Staffordshire3£18,632211,17819
Stirling1£13,893327,0805
Strabane2£24,99011,3001
Suffolk5£21,794214,7094
Surrey3£25,49813,6675
Swansea1£14,999220,9212
Tyne and Wear11£19,399210,7469
West Midlands25£21,51125,87832
West Sussex1£22,50011,8472
West Yorkshire14£18,600212,62219
Wiltshire7£21,70729,88510
Worcestershire3£23,81314877
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