The reason I don't want to buy outright is because I am just assuming I'd love a Mini (and am sure this will prove true!) but what if I buy my first ever car as a brand new driver and it turns out I hate SUVs or love VWs or don't get on with something or other. So I thought that for this first instance, leasing would be better. I keep hearing 'wouldn't you love having a brand new car every 3 years?' etc.
I am now at the point of agreeing to a lease deal. It about £250 p/m and £2.3K deposit for 3 yrs. Comes with manufacturer warranty and includes maintenance.
It's a Countryman 2017 2.0 Sport Manual with Chili Pack & privacy glass.
If you decide you don't like it you're stuck with it in a lease for the term costing you £££'s still with no car at the end. If you buy one you can sell it on a whim. Even if on finance.
Really the way I would advise, is work out the total cost of the lease or PCP, say £11.3k right, with no car at the end (ouch), if you have that money in the bank, go and find a car you like that isn't quite new, and buy it. If you kept it a year you may not have lost £5.3k which is the cost of your first year in a lease. Yes? If you get a very low finance agreement, would you get a car you like for the same monthly payment? (I don't know) Is the lease covering maintenance? I suspect not.
So, buy the car, sell it when you want, use the deposit you'd have paid, and put it in a savings account, and save an additional £100 pcm for maintenance. Don't touch it, but use it for any unexpected costs. There won't be many if you buy a recent car I guess. What you have left at the end if anything (save more if you can) is yours at the end to start again, and you can use the car as a deposit, adding to it if you want right?
You'll like the car, because people do haha, at the end you'll have a car. In either case you may have dents and dings, but the car if yours, won't require you to make them good or penalise you. You'll never have a mileage penalty, and you'll never worry about those things so much when it's yours. You will feel sad if it gets bumped though, but it's unconditional. Own it and love it, look after your investment which you'd possibly not if leased. The view tends to be, oh well it's not mine, let them deal with it for some people.
Just my2p ok ;O)