Should I buy my '04 Cooper after PCP ends?
Hi guys - newbie here, just after a few opinions from you experienced MINI guys...
I love my car. Its a March 04 Cooper with 40,000 miles on the clock. (I only put about 5K on the clock each year) It's got all the toys - 17" alloys, xenon headlamps, air con, half leather seats etc, etc. and in excellent condition.
I have it on PCP finance with MINI. My PCP term comes to an end in a few months and I'm weighing up my options...
Should I buy it, run it for a few more years and enjoy the saving on not paying monthly... or should I go for a newer MINI and re-finance? (although I'm worried that I may struggle to find something that's the equivalent of mine only newer within budget)
I have the money saved to pay the GFV at the end of the term (£4K), and then it's mine. So is it worth buying a 7-year old car, or do I plump for an R56 Cooper and carry on paying?
Thanks for reading my ramblings, I appreciate any thoughts!