OK - paperwork has arrived from Mini.
Total price of car - £13,212. £2.5 down. Balance - 10,712 + interest (£2,391.78) + other bits making the total charge for credit £2,541.78,
The APR based on the full amount including the residual is 10.4%, remove the residual and it's apparently a flat rate of 3.2%???
So ... did i get a good deal? |