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Looking to get a Clubman on PCP - how does this deal sound?

MINI Clubman Cooper Classic 1.5 petrol, Black with Comfort pack £20,642.46 minus £1000 contribution.

Then minus £2000 my contribution.

3.9% APR

£261 a month over 48 months

8000 miles per year.
 

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Looking to get a Clubman on PCP - how does this deal sound?

MINI Clubman Cooper Classic 1.5 petrol, Black with Comfort pack £20,642.46 minus £1000 contribution.

Then minus £2000 my contribution.

3.9% APR

£261 a month over 48 months

8000 miles per year.
i had new bmw 3 series 10 years ago on a different way of doing it, basically they financed half the value over 3 years with a agreed 8k mileage limit, so after the 3 years i could buy the car at what the balloon payment figure was or finance the second half or hand car back have another new one, car was 20k and to be honest i got nailed with the interest rate and the 8k mileage limit is a royal pain in but my job changed and ended up travelling to work 30 miles each way 6 days a week so went over the 8k by a lot and the small print mileage penalty is heavy, i handed car back 1 month before the end of agreement as per rules for finance,, which prevented them coming after me fore the mileage ie car ended up with just over 100k on it, they tried to get £2800 in mileage penalty back, until i pointed out the EU laws with a regulated agreement and they were breaking the law by even asking me for it, i have never loaned a penny since.. its the small print the add on's at end of agreements to be careful with, i would get any agreement looked at by a CAB finance specialist to protect your self, i was luck done this when i already had got myself in the poo
 

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Timewarp I would keep looking. Do some price comps on various sites such as car gurus, autotrader and autolist. Be very careful with the fine print in the dealers contracts, they can be tricky.
 
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