Not yet an owner... but will be soon!

[dan_emmanuel]

Hi Mini community,

I'm new on this so I thought I get the first post out of the way. I live in Kent, UK and I'm going to buy a Mini JCW in Lightning Blue, Black alloys with all the packs included(Media, Vision, and Chili) on a finance agreement. I configured it on the website and looks fit. It works out to about £26k with the TLC pack included. I'm looking to pay £5k down and pay monthly for 5 years. Easy!

Just a couple of questions I need to ask.

1. Does anyone know what the APR rates range from? I was told its between 9-12% but has anyone had a better quote than that. My credit file/score is excellent so surely I would get a better deal, right?

2. How much can they go down in price/what is the most they will knock off a brand new Mini JCW?

Your opinions, views and advice would be greatly appreciated.

Regards

[Bmont82]

9-12% with excellent credit?!?!? Walk away!!! Maybe it works different over there but in California I got financed for a used '08 MCS from mini/bmw for 2.9% with mediocre credit $5K usd down. At your apr you're paying a huge amount just in interest. Find another lender!!!