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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
All296£20,136210,480391
Aberdeen City1£16,49822,9056
Barking & Dagenham - Greater London1£13,250315,268-
Bedfordshire3£19,780213,4996
Belfast1£21,75016,91610
Berkshire3£25,51711,7882
Blaenau Gwent1£19,79915,7041
Brent - Greater London1£13,509341,0001
Bristol1£22,50013,594-
Buckinghamshire4£20,21626,9093
Cambridgeshire10£17,547219,18210
Cardiff1£21,49513011
Carmarthenshire1£12,995318,700-
Ceredigion11£17,159212,22911
Cheshire12£19,92529,83716
City of Edinburgh4£20,36129,3322
City of London - Greater London9£17,979211,86423
Coleraine1£15,495312,984-
Conwy2£24,495319,148-
County Durham5£18,834211,14113
Cumbria1£25,9990103
Derbyshire2£19,44321,7757
Devon6£18,238217,8776
Dorset4£25,22211,2023
Dundee City2£19,10026,7311
East Riding of Yorkshire7£18,471218,0581
East Sussex5£14,272318,5834
Essex11£24,31014,18210
Falkirk2£18,497417,8731
Fermanagh1£28,95012,781-
Glasgow City1£13,998317,3509
Gloucestershire7£23,87826,3035
Greater Manchester9£20,998210,5687
Hampshire6£20,27629,0632
Havering - Greater London3£20,92122,5752
Hertfordshire8£21,79827,94313
Highland2£28,99811,6401
Hillingdon - Greater London9£19,498219,8432
Kent7£18,441216,9325
Lancashire5£21,60314,89426
Lincolnshire9£18,274213,00911
Merseyside1£14,870310,3365
Newport1£21,49513013
Newry and Mourne1£26,99503,5771
Norfolk5£21,494110,3326
North Lanarkshire3£16,50028,1662
North Yorkshire2£20,24729,6214
Northumberland4£20,91225,7225
Oxfordshire3£17,457213,0163
Pembrokeshire1£19,99512,0001
Perth and Kinross2£23,74519,048-
Renfrewshire2£24,24724,4431
Scottish Borders1£13,999356,474-
Shropshire3£20,50614,9144
Somerset10£21,87225,85711
South Lanarkshire2£16,498220,2672
South Yorkshire1£21,99015,04411
Staffordshire3£19,965110,03919
Stirling1£13,396327,0803
Strabane2£24,99011,3001
Suffolk5£21,059214,7963
Surrey3£25,49814,6674
Swansea1£14,999220,921-
Tyne and Wear9£19,598210,36712
West Midlands26£20,89926,94835
West Sussex1£22,50011,8472
West Yorkshire14£18,206213,68516
Wiltshire7£21,35029,8856
Worcestershire3£23,64714877
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