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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
All312£20,655211,415376
Bedfordshire2£19,245215,0014
Belfast3£20,12514,8998
Berkshire4£25,48011,3531
Blaenau Gwent1£19,99915,672-
Brent - Greater London1£13,809248,000-
Bristol1£23,40013,594-
Buckinghamshire2£23,65024,6523
Cambridgeshire9£18,008217,13612
Cardiff2£17,742214,5091
Ceredigion14£17,531211,16810
Cheshire11£20,89428,73117
City of Edinburgh1£31,7952111
City of London - Greater London13£17,864215,64319
Coleraine1£15,495312,984-
Conwy2£24,495319,148-
County Durham4£18,970211,79114
Croydon - Greater London2£14,100323,9472
Derbyshire2£18,82329,1147
Devon6£17,619319,6635
Dorset5£24,97712,3503
Dundee City1£24,25013,0003
East Riding of Yorkshire4£20,25027,8981
East Sussex5£16,092215,9266
Essex12£24,61216,69212
Fermanagh1£28,95012,781-
Fife1£14,498225,2206
Glasgow City2£17,89827,0628
Gloucestershire7£24,07826,3038
Greater Manchester9£21,031210,5327
Hampshire6£22,40914,9324
Havering - Greater London4£21,51624,3031
Hertfordshire11£19,293217,5647
Highland2£28,99811,640-
Hillingdon - Greater London5£20,898218,6123
Kent7£19,412216,9208
Lancashire8£18,445215,70326
Leicestershire3£18,456212,1454
Lincolnshire10£19,77128,85812
Merseyside2£17,933310,6396
Newport1£13,990315,2743
Newry and Mourne1£27,99501,0001
Norfolk6£20,57726,7308
North Down1£27,9900500-
North Lanarkshire4£17,170216,1291
North Yorkshire2£15,949315,9633
Northumberland5£19,369211,9034
Oxfordshire2£21,99011,5043
Perth and Kinross1£25,49513-
Renfrewshire1£30,9952101
Scottish Borders1£13,999354,525-
Shropshire3£21,37714,8944
Somerset13£22,34527,8958
South Lanarkshire1£20,99818,0472
South Yorkshire4£15,294330,07011
Staffordshire4£19,519210,71417
Stirling1£13,893327,0805
Strabane3£23,99012,555-
Suffolk5£21,794214,7094
Surrey5£22,21417,8663
Swansea1£15,999220,9212
Tyne and Wear12£19,862213,3207
West Midlands27£21,33526,38528
West Sussex1£22,65011,8472
West Yorkshire13£18,730214,63413
Wiltshire6£22,393211,52410
Worcestershire2£22,49521,3127
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