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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
All1,701£19,410212,9233,737
Aberdeen City1£17,998113,23638
Aberdeenshire7£20,561213,35917
Bedfordshire18£16,723224,79623
Belfast24£19,18519,43172
Berkshire10£21,284210,46314
Blaenau Gwent4£19,87413,80618
Bristol1£18,521112,8528
Bromley - Greater London11£20,70117,80021
Buckinghamshire20£19,345212,21342
Cambridgeshire32£15,714230,46426
Cardiff4£19,48217,2585
Carmarthenshire3£21,99518,8334
Ceredigion32£20,923110,52041
Cheshire36£19,917110,87080
City of Edinburgh17£22,22601,66266
City of London - Greater London27£19,630210,43873
Conwy3£27,79527,9161
Cornwall1£15,064229,80817
County Durham20£18,468112,209107
Croydon - Greater London16£16,586321,02149
Cumbria15£20,32318,47457
Denbighshire1£17,799217,819-
Derbyshire20£17,312218,56872
Devon25£18,037110,62734
Dorset4£23,12329,94512
Down2£15,895313,664-
Dundee City2£22,375212,80911
East Riding of Yorkshire16£19,694213,15330
East Sussex4£17,405323,8723
Enfield - Greater London1£18,199312,0912
Essex79£18,723212,277136
Falkirk3£19,263415,67525
Fermanagh2£26,45014,2121
Fife27£22,34712,82339
Glasgow City19£20,65017,23085
Gloucestershire16£22,424211,61027
Greater Manchester106£19,949111,654213
Hampshire12£17,256215,56472
Harrow - Greater London1£13,995239,6191
Havering - Greater London18£19,23519,06823
Herefordshire4£14,973327,246-
Hertfordshire66£18,406213,500116
Highland4£19,697216,89412
Hillingdon - Greater London9£20,589210,33916
Isle of Wight5£20,290012,5001
Kent74£18,792110,530110
Lancashire52£19,284210,361145
Leicestershire10£19,02908,76630
Lincolnshire12£19,23728,41735
Merseyside76£21,23216,726100
Merthyr Tydfil1£15,995437,6983
Moray3£16,662323,4628
Newport7£18,924213,99917
Newry and Mourne7£18,826112,13312
Newtownabbey4£17,536217,0165
Norfolk21£18,717213,32246
North Down3£18,15816,5918
North Lanarkshire2£18,165219,90918
North Yorkshire18£18,001212,46248
Northamptonshire6£20,291214,0704
Northumberland6£18,74828,31446
Nottinghamshire16£17,252314,54848
Omagh1£14,290435,535-
Oxfordshire8£20,15816,38613
Pembrokeshire3£20,49527,2881
Perth and Kinross4£22,99626,0376
Redbridge - Greater London1£15,499321,0142
Renfrewshire15£19,324111,00549
Rhondda Cynon Taf1£19,490219,000-
Shropshire19£19,036110,492234
Somerset3£23,92417,04920
South Ayrshire4£22,24815,98255
South Lanarkshire6£23,32913,73817
South Yorkshire12£19,908211,89055
Staffordshire26£17,363219,75186
Stirling151£25,639030223
Strabane5£22,42316,1424
Suffolk11£20,25818,54138
Surrey46£19,526212,68973
Swansea5£16,938211,50514
Tyne and Wear140£24,819010,194113
Waltham Forest - Greater London2£16,292313,35319
Warwickshire8£18,520219,33721
West Lothian1£19,99804,1506
West Midlands53£18,463113,848198
West Sussex5£18,65026,92423
West Yorkshire51£18,825210,944179
Wiltshire21£20,80729,66237
Worcestershire27£19,395110,41255
Wrexham6£16,995211,3893
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