Mini Select PCP finance HELP!!! - MINI Cooper Forum

General Discussion Use this forum to discuss MINI topics which are not related to other forums. Posts may be moved from here to alternative forums by the moderators without notice

LinkBack Thread Tools Rate Thread
post #1 of 2 (permalink) Old Feb 23rd, 2014, 08:21 PM Thread Starter
MINI2 Newbie
Join Date: Feb 2012
Local Time: 02:03 PM
Posts: 28
Mentioned: 0 Post(s)
Quoted: 0 Post(s)

United Kingdom
Mini Select PCP finance HELP!!!


I've recently agreed to the Mini Select finance Agreement and put down a 40% deposit.

Having returned home I've run through the calculations and I'd end up paying 5k more than the cars value.

They have not yet provided me with the finance documents but I wondered if I could change to HP finance? Is there a cooling off period?

I decided on the agreement yesterday.


samjacko123 is offline  
Sponsored Links
post #2 of 2 (permalink) Old Feb 24th, 2014, 06:52 AM
MINI2 Senior
Join Date: Apr 2012
Location: Suffolk - UK
Local Time: 03:03 PM
Posts: 569
Mentioned: 0 Post(s)
Quoted: 11 Post(s)

United Kingdom Male
Yes I believe there should be a cooling off period but I would contact the dealer first thing.

Renault dealer tried to get my 20 year old daughter to sign up for one of these on a new Twingo 4 years ago, she had enough deposit for half the car and just wanted to finance the rest over 3 years, he was very pushy so I guess they make plenty of money on the finance deal.

That was all he wanted to talk to her about - just put 1000 down, keep the other 3k in your account that sort of thing until I went in with her looked at the details and took a bank loan out for her in my name for the balance. 4 years later she has now owned the car fully for a year, had she gone down the dealers route she would she be having to find 4k and I would imagine that 3k he said keep in your bank would have been well gone.

See if you can get a bank loan, they are much cheaper than dealer finance unless you can truly get a 0% deal.

Mid Life Mini is offline  
Sponsored Links

Quick Reply

Register Now

In order to be able to post messages on the MINI Cooper Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Rate This Thread
Rate This Thread:

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mini HQ - Terrible ethics for the customer. jobforacowgirl Dealership Feedback 11 May 22nd, 2014 05:36 AM
Brooklands Mini Day Sunday, March 24, 2013 mab01uk Mini Events 11 Apr 5th, 2013 06:11 PM
Mini Countryman Select Finance MinatureMin Finance & Insurance 4 Oct 4th, 2012 09:46 PM
Mini Australia service chilld Dealership Feedback 4 Sep 4th, 2012 05:29 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome