posted 5 years ago

New Hyundai ix20 Classic 0% Finance

Hyundai ix20 Classic 1.4 Conditional Sale Plan

How exciting - the Hyundai ix20 Classic 1.4 is available via a 0% Interest Conditional Sale Plan and a low cost Personal Contract Purchase Plan. Terms for the former – that relate to the company's representative example - include the £6,346 deposit that equates to roughly fifty percent of the list price. This is followed by thirty-six monthly payments of £169. So, the total cost of this practical town car is £12,430 including delivery, the registration fee, number plates, and a twelve month tax disc. At the end of the contract the motorist owns the car outright so continues to benefit from its numerous strengths. These include the spacious cabin and the very large (for the class) 440-litre boot. Furthermore, cargo capacity can be increased to 1,486-litres by folding the rear seats flat which is comparable to a small estate car. It also has a respectable equipment specification that includes: air-con, electric windows, remote locking and an electronic stability program that makes cornering safer. Not bad considering the ix20 Classic is the entry-level trim. This workhorse is also easy to drive thanks to its light steering, sure-footed handling, and refined 89bhp petrol engine that propels it to 62mph in 12.9 seconds. The ix20 Classic also averages 47.1mpg which is fair considering its low price tag.

Hyundai ix20 Classic 1.4 PCP

And that brings us to the Personal Contract Purchase Plan. How exciting. Terms include the £3,115.25 deposit of which the manufacturer contributes £250. This precedes thirty-six monthly payments of £189. Once again these figures include delivery, the registration fee, number plates and a tax disc. However, unlike the Conditional Sale Plan the motorist has three options at the end of the term. One, pay the £3,888.75 final payment to own the car outright. This totals £13,808 including £1,378 interest (representative 5.9%). Option two is to return it whereby there is nothing further to pay assuming it is in fair condition and is within the 10,000 mile annual allowance. Excesses are charged at 14.9 pence per-mile and unreasonable damage on a point by point basis. Not so exciting. Option three is to part exchange via a new Personal Contract Purchase Plan. Here, any value beyond the final payment contributes toward the newer car's deposit. Both this Personal Contract Purchase plan and the 0% Interest Conditional Sale Plan are available until December 31st 2013 to those over eighteen in the UK. How exciting.