If you’re thinking of financing a MINI, you may have heard of the MINI Financial Services Loan Protection plan. It helps protect MINI leases and loans in the event of a critical illness, involuntary loss of employment, disability, or death. MINI Financial Services also offers a Limited Debt Waiver, which protects customers from financial obligations when faced with a sudden occurrence such as bankruptcy or foreclosure. While the company’s loan protection plan does not cover the full cost of a MINI, it’s an excellent idea for people looking to secure an affordable car loan.
MINI Financial Services offers competitive interest rates and flexible contract terms for a variety of situations. You can also enjoy no-up-front administration fees or early termination charges. In addition to the benefits of a lease-type payment plan, MINI Financial Services offers the flexibility of a balloon payment for the remainder of the car loan. If you choose the payment option with a balloon payment, you’ll be able to pay off the car loan balance in full and keep the MINI.
MINI Financial Services offers three lease programs, including motoring and mileage adjustment, and a traditional lease. The motoring lease is for heavy drivers, while the mileage adjustment program allows you to buy the car after 100,000 miles. Mini leases last 36 months, and the exact amount varies depending on the model and the length of the term. The Mini Select financing program is another option that offers low monthly payments, with balloon payments at the end of the term. After completing the lease term, you can refinance the balloon payment with a lower interest rate or extend the loan term.
MINI Financial Services aims to make the process easier for customers and dealers by offering a Flipped Financing option. With Flipped Financing, the customer will enjoy a flat interest rate and no pressure salesmen. MINI Financial Services is dedicated to making the financing process as easy and transparent as possible for everyone. However, it’s important to remember that all offers and incentives are subject to change. If you’re planning to purchase a new MINI, contact your MFS adviser to learn more.
MINI Financial Services offers low APR financing and even a college grad program for new borrowers who have a job offer and a debt-to-income ratio of 20 or less. The USAA Program offers a $1,000 discount on a new MINI and can be combined with other incentives. And if you’re a military member, you’ll receive additional discounts, which can be combined with any other incentives. There’s no need to feel stuck in a rut when it comes to financing your MINI.
MINI Financial Services has teamed up with a leading e-commerce company and an OEM to create the Car & Ride Sharing Lease option. Available in select states, the Car & Ride Sharing Lease program helps MINI customers enjoy the car of their dreams. The Car & Ride Sharing Lease program is also available for new customers as an alternative to traditional financing. For more information, visit mini.com/mini financial services