you'll find many people buy on MINI select (a PCP payment scheme)
Mine is on it, the GF's is on it.
The idea is that you pay less per month than a full finance sheme and at the end of the scheme you either hand the car back, or you have a difference in the value of the car and the final payment, which should in an ideal world be your next deposit for a new MINI.
I have brought cars on PCP many times now, and only with MINI have I ever had a deposit at the end of it (as in the car is valued at more than the final repayment), this is partly due to the MINI retaining a high value, but this is again something that cannot be predicted, especially with the new model been released in November, as it could hit residuals on the current car.
The only problem I have is knowing which one to drive?  |