Zero percent finance scheme now offered for MG6 models

Article by Anita Panait, on April 12, 2012

Consumers who are aching to acquire one of the entry-level MG6 models could now get one from dealers on a zero percent deal under MG’s finance scheme. The financing package allows MG customers to get an MG6 by choosing one of the payment options offered by the company. Under the finance scheme, a customer who wants to acquire a S-trimmed MG6 GT model could deposit any amount they want, as long as it is equivalent or more than the floor deposit of 40% of the £15,455 on-the-road price.

This means that if a customer deposits a down-payment of 50% of the on-the-road price, he would pay a little as £128.79 monthly over 60 months. The customer could also settle the balance on any deals at an earlier time without paying any penalty.

Aside from the zero percent deals on S-trimmed MG6 GT models, there’s also a finance package with a 3.7 percent APR scheme for all MG6 GT and MG6 Magnette models, with the customer shelling out a 10 percent first-time deposit, equivalent to £1,544.50, and £249 succeeding monthly payments for 60 months. The MG finance scheme works by lowering the monthly repayment amounts if the customer downs higher deposits.

The sweet deal for the scheme is that the customer does not have to worry about a balloon payment at the end of the term, since he would own the car outright. According to Guy Jones, MG Motor UK’s Sales and marketing Director, the deals offered have great degree of flexibility to ensure that customers secure a package that suits him. Jones added that the MG6 range represents an outstanding value for money, as evidenced by low insurance group ratings and class-leading levels of standard specification.

MG6, a sporty five seat fastback, is designed to embody the MG brand character and to bring a different offering to the volume market. The MG 6 is the first brand new MG since the MG F sports car launch.

This is a milestone for both the UK’s automotive sector and for the quintessential MG brand. MG started the global launch of a completely new UK designed and engineered model. Currently, the mid-engine MG TF sports car is built and sold only in the UK, but MG is looking to expanding its range.

The 2009 Guangzhou Auto show in China was the location for the launch and for the beginning MG’s exciting new worldwide future. Launching in China, the world's largest automotive market, marks the beginning of the MG 6 international sales roll out, including the UK. China sales will begin in January and plans for the UK and other markets will be announced in 2010.

Another announcement was that MG 6 production for China will start at the new state-of-the-art facility in Lingang, China, in December 2009. MG 6 production is also planned to begin at the Birmingham, UK, plant before the end of 2010.

The globally renowned MG brand sees a new glowing future as it begins its global sales expansion with a stirring new product range.

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