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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
All274£20,43529,903362
Barking & Dagenham - Greater London1£12,900315,268-
Bedfordshire4£19,09529,0437
Berkshire2£22,75012,8014
Blaenau Gwent1£19,79915,7041
Brent - Greater London2£15,659231,5001
Bristol1£22,50013,594-
Buckinghamshire3£21,80115,7454
Cambridgeshire6£21,07826,33310
Cardiff2£17,99325,3291
Ceredigion11£17,131211,82011
Cheshire11£18,930210,32915
City of Edinburgh4£19,83629,3321
City of London - Greater London8£16,945220,61122
Coleraine1£14,995312,984-
Conwy2£24,495319,148-
County Durham7£15,996216,7458
Croydon - Greater London1£15,95022,6113
Derbyshire2£22,386317,0916
Devon6£16,449219,1505
Dorset4£25,22211,2022
Dundee City2£18,75026,731-
East Riding of Yorkshire2£23,50016,3565
East Sussex3£13,823318,3335
Essex10£23,65614,6009
Falkirk1£22,99501,5062
Fife2£31,3952106
Gloucestershire7£25,09711,8795
Greater Manchester7£21,025211,05211
Hampshire2£17,471214,9536
Havering - Greater London2£24,00012542
Hertfordshire7£20,950111,14317
Highland2£28,99811,6401
Hillingdon - Greater London11£21,36316,3443
Kent6£18,156220,3375
Lancashire12£19,674112,35421
Lincolnshire10£19,807214,63713
Newry and Mourne3£17,996215,3481
Norfolk5£22,29215,2656
North Down1£20,99018,5311
North Lanarkshire3£16,09928,1662
North Yorkshire1£21,99511,1035
Northumberland4£20,91225,7224
Oxfordshire3£17,587213,1322
Pembrokeshire1£16,99512,0001
Perth and Kinross2£23,745110,457-
Renfrewshire1£30,9952102
Scottish Borders1£13,999356,474-
Shropshire3£20,13014,9143
Somerset12£20,19127,6588
South Yorkshire3£20,07025,37710
Staffordshire3£17,77729,30314
Strabane2£23,99011,3001
Suffolk4£20,174417,0706
Surrey3£25,16414,6674
Swansea2£13,499328,831-
Tyne and Wear8£19,486212,73112
West Midlands25£20,61427,84929
West Sussex1£21,75011,8472
West Yorkshire11£18,083215,35522
Wiltshire5£23,73312,4389
Worcestershire2£25,7231756
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