Buying a cheap car has become almost an impossible task, but there are still affordable alternatives in the new car market. One of them is the Hyundai i10, a humble car, simple but cheap and suitable for those who require a means of urban transport to go from A to B. To this we must add that the Hyundai utility can be ours for 90 euros per montha figure that, despite being associated with a trick, we believe will make you overlook it.
And it is that the Korean firmrequires us to finance to be able to take home the i10 for less than 100 euros a month. Thus, we must read the fine print and analyze if it really compensates us or, on the contrary, it is better to face a cash payment, a method that may be more interesting for those who want a battle car such as the Hyundai i10.
This is the Hyundai i10 that can be ours for 90 euros a month
But before talking about numbers, it is necessary to clarify that the Hyundai i10 that subscribes to this offer does so with a specific configuration. Thus, we must accept 1.0 MPI engine and the Essence finishthat is, the two access options, but perhaps more than enough to deal with the city on a daily basis.
This translates into modest standard equipment consisting of 14-inch wheels, rear fog light, black exterior mirrors, light sensor, LED brake light, front disc brakes, 3.5-inch screen, USB chargers and lock centralized among others.
In turn, the mechanics involves a 1.0-liter atmospheric three-cylinder engine that develops humble 66 hp and 96 Nm of torque. These figures are managed by means of a five-speed manual gearbox, and allow a 0 to 100 in 15.6 seconds and a top speed of 156 km/h. No, they are not overwhelming figures, but the high point of the i10 associated with this mechanics is found in a combined consumption of 4.9 liters per 100, although yes, under the WLTP cycle.
Now, what does Hyundai require of us to get the i10 for 90 euros a month? The first thing is an entry of 3,966 euros, a figure that will give us access to the payment of 47 installments of 90 euros and a last one of 6,169.83 euros. To all this we must add a TIN of 8.50%, an APR of 10.22% and a formalization commission of 299.40 euros -3.75%-.
Thus, the total interest amounts to 2,415.83 euros, a figure that causes the total price in installments for the Hyundai i10 be of€14,665.23. It is a figure that may seem high if we compare it with the 11,950 euros that an i10 of the same configuration costs but paid in cash. However, if we have the means to face the entry, it may be an advantage to pay 90 euros per month for a car that, most likely, will pay off quickly as it is a vehicle focused on urban use.
The Hyundai i10 in What car do I buy?
However, it is necessary to clarify that the Hyundai i10 is not the only interesting utility on the market, there are other options to consider. And to scrutinize them we can go to What car do I buy?the Diariomotor comparator where we will find the largest offer of new cars and secondhand.
Thus, we discovered that we can get hold of a Kia Picanto for 13,020 euros. Another alternative is the Fiat 500 Hybrid, a model that has the DGT ECO label. and that it can be ours for 13,545 euros. On the other hand, the Mitsubishi Space Star, which is positioned as one of the cheapest cars on the market. hand in hand with an offer of 12,750 euros. And we must not forget the Dacia Sandero, a car that offers a very good value for money thanks to the 13,040 euros that the Romanian brand asks for.
Now, if the Hyundai i10 is our favorite option but the budget for a new one does not reach us, we must know that there is a solution. And that is none other than the used marketwhere we can make the purchase cheaper, find better configurations and, above all, more powerful mechanics for less money.
