Hyundai i20 running costs: what UK ownership really costs

Hyundai i20 UK running costs: fuel or electric, insurance group, road tax, servicing and depreciation.

Hyundai i20
Image via Wikipedia, CC-licensed.

The Hyundai i20 is an economical choice for drivers in the UK, with low running costs that include competitive fuel efficiency, affordable insurance premiums, reasonable tax rates, and manageable servicing costs. Its depreciation is typical for the segment, making it a sensible option for budget-conscious buyers.

Fuel Costs

The Hyundai i20 offers impressive fuel efficiency, with petrol variants averaging around 50 to 60 miles per gallon, depending on the engine size and driving conditions. The diesel models can achieve even better figures, often exceeding 60 mpg. This makes the i20 an economical choice for both city driving and longer journeys, helping to keep fuel costs low.

For electric versions, the i20 is not currently available as a fully electric model, but the hybrid options provide a good compromise between fuel efficiency and performance. Overall, the fuel costs for the i20 are competitive within its class, appealing to those looking to minimise their spending at the pump.

Insurance Group

Insurance costs for the Hyundai i20 are generally affordable, with most models falling into insurance groups 10 to 15. This makes it an attractive option for younger drivers and those looking for a budget-friendly car. The lower the insurance group, the cheaper the premiums, which can significantly affect overall ownership costs.

When considering insurance, it is essential to shop around for the best deals. Many insurers offer competitive rates for the i20, particularly for models with smaller engines. Additionally, the car’s safety features and reliability can contribute to lower premiums, making it an appealing choice for those prioritising insurance affordability.

Tax Band

The Hyundai i20 is typically classified within the lower tax bands, which helps to keep annual road tax costs manageable. Depending on the engine type and emissions, the tax band can vary, but many models fall into Band B or C, resulting in lower annual fees. This is particularly beneficial for those who want to keep their overall running costs down.

The tax implications are especially relevant for drivers in urban areas, where congestion charges may also apply. With lower emissions, the i20 can help drivers avoid additional costs associated with higher-polluting vehicles, making it a practical choice for city dwellers.

Servicing Intervals

Hyundai recommends servicing the i20 every 12 months or 10,000 to 20,000 miles, depending on the specific model and engine type. Regular servicing is crucial for maintaining the vehicle’s performance and reliability, and Hyundai’s competitive servicing costs make it an appealing option for owners.

Additionally, Hyundai offers a five-year warranty on new vehicles, which can provide peace of mind regarding servicing and repairs. This warranty can help reduce unexpected costs, as many issues may be covered during the initial ownership period. Regular maintenance can also help preserve the car’s resale value, ensuring that it remains a sound investment.

Typical Depreciation

The Hyundai i20 experiences typical depreciation rates for its class, losing approximately 50 to 60 percent of its value over the first three years. Factors such as mileage, condition, and market demand can influence the resale value, but the i20’s reputation for reliability helps it retain value better than some competitors.

When considering depreciation, it is essential to factor in the overall ownership experience. The i20’s strong build quality and low running costs can make it an attractive option for those looking to minimise long-term expenses. Buyers who maintain their vehicles well can often see a better return when it comes time to sell or trade in their i20.

Conclusion

Overall, the Hyundai i20 stands out as a cost-effective choice for UK drivers, with low fuel costs, affordable insurance, reasonable tax rates, manageable servicing intervals, and typical depreciation. Its combination of practicality and economy makes it an appealing option for those seeking a reliable and budget-friendly vehicle.

Hyundai i20 MOT record

From 131,599 recorded MOT tests, 20.8% failed.

MOT pass and failure rates by year of first registration
RegisteredTestsFailedMedian mileage
20233457.0%17,781 mi
20227,45210.2%20,122 mi
20215,8798.4%25,338 mi
20204,1338.8%29,830 mi
20197,26610.6%35,567 mi
20188,56911.7%42,553 mi
201711,57014.5%49,860 mi
201613,63016.4%55,634 mi

Most common reasons for failure

  1. Tyre tread depth not in accordance with the requirements27.0%
  2. A tyre seriously damaged23.5%
  3. Brake pipe damaged or excessively corroded20.3%
  4. A suspension pin, bush or joint excessively worn14.7%
  5. Brake disc or drum excessively weakened, insecure or fractured14.6%

Figures cover every Hyundai i20 tested in the DVSA dataset, not this specific car. Check a registration for the actual history of one vehicle.

Hyundai i20 official figures

Median across 29 variants on sale, petrol, petrol electric.

Combined economy
51.4 mpg
WLTP median across variants
CO2 emissions
124 g/km
Sets the first-year tax rate

Official figures for new cars. Real economy varies with driving, load and conditions.

Frequently asked questions

What are the typical fuel costs for a Hyundai i20?

The Hyundai i20 generally offers good fuel efficiency, with the 1.0-litre turbo petrol engine achieving around 50-55 mpg. This means that for average UK driving, you can expect to spend approximately £1,200 to £1,500 annually on fuel, depending on your driving habits.

How often does the Hyundai i20 need servicing?

The Hyundai i20 typically requires a service every 12 months or 10,000 miles, whichever comes first. Regular servicing helps maintain the vehicle's performance and can prevent more costly repairs down the line, such as issues with the timing belt or brake pads.

What are the insurance costs for a Hyundai i20?

Insurance costs for the Hyundai i20 can vary significantly based on the model year and your personal circumstances. Generally, it falls into insurance groups 10 to 15, making it relatively affordable to insure compared to other vehicles in its class.

Are there any common repairs needed for the Hyundai i20?

Owners often report needing to replace the front brake pads and discs, especially on models from 2015 onwards. Regular checks can help identify wear and tear early, preventing more extensive damage and ensuring safety on the road.

What is the road tax band for the Hyundai i20?

The road tax for the Hyundai i20 varies by engine size and emissions. For example, the 1.2-litre petrol model typically falls into Band B, which means a lower annual tax cost due to its lower CO2 emissions, making it economical for owners.

How reliable is the Hyundai i20 in terms of running costs?

The Hyundai i20 is known for its reliability, with many owners reporting minimal issues over several years. Regular maintenance, such as oil changes and checking the battery, can help keep running costs low and ensure the vehicle remains dependable.

What are the tyre replacement costs for a Hyundai i20?

Tyre replacement for the Hyundai i20 can vary based on the tyre brand and specifications. Typically, you might need to replace tyres every 20,000 to 30,000 miles, depending on driving style and conditions, with costs for a full set ranging widely.

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Sources