Mini?

ronan.barton

Looking at getting a Mini, and was wondering what kinda results people have had with the finance?

How do they calculate whether they will offer you finance or not?

k3lvc

New/used
From Mini dealership/non-franchised dealer


Is there something major in your history that concerns you re acceptance ?

ronan.barton

Hi will be New and from a Mini Dealer, Not really just I live at home and not had much credit

Mercdriver

ronan.barton wrote: »

Hi will be New and from a Mini Dealer, Not really just I live at home and not had much credit

By at home do you mean living with parents?

If so as far as finance companies are concerned you have little to lose so are considered a higher risk. They do have the car as a means of a surety, but countered against that since you have no real responsibilities, is consideration whether you will take care of their asset (as it is theirs until you make the final payment).

angrycrow

Recommend hiring one for a while first to see if it lives up to your expectations. I known several people who bought them because they liked the idea but found the reality to be impractical, cramped and awful to drive. They all sold them on after about a year.

parking_question_chap

How much payment can you put down?

reeac

angrycrow wrote: »

Recommend hiring one for a while first to see if it lives up to your expectations. I known several people who bought them because they liked the idea but found the reality to be impractical, cramped and awful to drive. They all sold them on after about a year.

I don't know how general that feeling is. My son and his wife had a secondhand mini as a second car and after a few years replaced it with a new Mini Cooper. They are now planning to replace their Zafira with a Mini Cooper estate so clearly they like them.

EmmyLou30

It's not a car for a family, that's for sure, or if you like a lot of boot space (talking about the standard mini here, not those ugly Countryman/Clubman things). It's also a very rough hard ride (worse so with the Cooper S), but that's why it handles like a go kart! I guess you either like that or you don't. I have a lot of friends who own or have owned them and have gone on to buy another.

As far as finance goes I had no issues but then I have a good credit rating. I also paid it straight off to get the £900 'incentive' from Mini without the interest charges....if they want to play games with rewarding those who buy a car a certain way and punish those who don't then you have to play the game.

Mercdriver

EmmyLou30 wrote: »

It's not a car for a family, that's for sure, or if you like a lot of boot space (talking about the standard mini here, not those ugly Countryman/Clubman things). It's also a very rough hard ride (worse so with the Cooper S), but that's why it handles like a go kart! I guess you either like that or you don't. I have a lot of friends who own or have owned them and have gone on to buy another.

As far as finance goes I had no issues but then I have a good credit rating. I also paid it straight off to get the £900 'incentive' from Mini without the interest charges....if they want to play games with rewarding those who buy a car a certain way and punish those who don't then you have to play the game.

Even firmer ride on (expensive) runflats.

wymondham

Real mini or a little BMW?

facade

The OP says new, and they stopped making proper minis in 2000, the last one went to the Heritage Trust IIRC.