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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
All1,418£19,123213,3934,100
Aberdeen City11£16,953220,68671
Aberdeenshire7£20,42518,23819
Angus1£14,990316,48915
Bedfordshire13£19,463212,27022
Belfast26£18,523110,40350
Berkshire8£22,71216,75922
Blaenau Gwent7£18,670215,10311
Bristol2£20,102312,5717
Bromley - Greater London4£15,819323,29722
Buckinghamshire20£19,599211,41327
Cambridgeshire16£15,480333,59341
Carmarthenshire1£15,990038,0009
Ceredigion21£19,833212,46841
Cheshire42£20,163211,154116
City of Edinburgh34£19,77017,51580
City of London - Greater London39£20,75029,29977
Clackmannanshire1£20,49813,1846
Conwy3£25,19526,0002
Cornwall1£16,020229,80812
County Durham32£18,422212,128153
Craigavon1£20,29915,0931
Croydon - Greater London20£16,400319,19336
Cumbria24£19,67519,54666
Derbyshire19£16,466319,06893
Devon12£17,990212,86926
Dorset6£24,37813,23613
Dumfries and Galloway1£21,29801,1902
Dundee City2£20,250313,14816
Dungannon1£14,990430,473-
East Riding of Yorkshire14£20,308213,62919
East Sussex2£14,683434,64810
Essex70£18,969211,416133
Falkirk4£23,12212,23618
Fermanagh3£24,95015,5471
Fife27£23,91602,99841
Glasgow City22£21,47627,116142
Gloucestershire23£21,897213,78819
Greater Manchester102£19,960210,794213
Hampshire11£17,588217,99778
Harrow - Greater London1£13,995329,058-
Havering - Greater London18£19,92418,70025
Hertfordshire49£19,575212,12385
Highland7£19,740216,90215
Hillingdon - Greater London13£21,70017,80511
Isle of Wight4£21,040011,7752
Kent43£20,015110,862113
Lancashire52£19,160214,614178
Leicestershire7£16,664117,23334
Lincolnshire12£18,72129,86438
Merseyside78£21,02217,48791
Merthyr Tydfil2£15,028424,2941
Moray1£16,995317,0629
Newport5£16,753328,06244
Newry and Mourne8£19,57818,86512
Newtownabbey3£18,415314,5008
Norfolk19£19,436213,48446
North Down3£17,22514,0276
North Lanarkshire4£17,211215,59025
North Yorkshire17£17,453216,59145
Northamptonshire2£20,990210,7014
Northumberland13£18,57029,52935
Nottinghamshire11£18,262212,91831
Omagh2£17,144427,117-
Oxfordshire7£20,82816,93818
Perth and Kinross4£21,172212,19514
Renfrewshire14£19,490110,15768
Rhondda Cynon Taf1£16,999313,3211
Scottish Borders1£15,495420,346-
Shropshire17£20,592111,137229
Somerset8£22,34115,53630
South Ayrshire7£19,06928,67968
South Lanarkshire9£20,95216,12021
South Yorkshire17£18,574215,16176
Staffordshire31£17,961216,80490
Stirling10£20,21728,68734
Strabane5£24,90212,2813
Suffolk18£19,498212,26532
Surrey26£19,471213,49279
Swansea4£16,924324,71231
Tyne and Wear37£17,468214,07075
Waltham Forest - Greater London5£16,946216,34534
Warwickshire8£16,541212,90216
West Lothian1£14,800210,94410
West Midlands61£17,972213,479254
West Sussex6£20,21018,22132
West Yorkshire53£22,339213,429195
Wiltshire16£21,21228,98546
Worcestershire25£18,26018,81956
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