Dealers Giving away minis
Dealers Giving away minis
Author
Discussion

foreverme

Original Poster:

569 posts

207 months

Thursday 29th May 2014
quotequote all
SWMBO has always wanted a mini, got a flyer from a local dealer, brand new 210 down and 210 a month Inc 5 year TLC!!
That seems stupid cheap to me, new model due??

andy-xr

13,204 posts

233 months

Thursday 29th May 2014
quotequote all
Is it a 20k total miles lease though?

Dr Interceptor

8,183 posts

225 months

Thursday 29th May 2014
quotequote all
foreverme said:
SWMBO has always wanted a mini, got a flyer from a local dealer, brand new 210 down and 210 a month Inc 5 year TLC!!
That seems stupid cheap to me, new model due??
What model is it for?

New Hatchback model just released... The convertible, Clubman, Paceman and Countryman are still on sale, but previous gen cars, so there will be deals on those to keep them moving.

daemon

40,124 posts

226 months

Thursday 29th May 2014
quotequote all
foreverme said:
SWMBO has always wanted a mini, got a flyer from a local dealer, brand new 210 down and 210 a month Inc 5 year TLC!!
That seems stupid cheap to me, new model due??
8K miles per year.

£210 + 47 @ £210 = £10080

Optional payment £5738.50

Dealer contribution = £800

Option to purchase fee = £10

Total payable, £16618.50

Total payable by customer = £15818.50

Not spotting much of a bargain there for a poverty spec MINI?


daemon

40,124 posts

226 months

Thursday 29th May 2014
quotequote all
Dr Interceptor said:
foreverme said:
SWMBO has always wanted a mini, got a flyer from a local dealer, brand new 210 down and 210 a month Inc 5 year TLC!!
That seems stupid cheap to me, new model due??
What model is it for?

New Hatchback model just released... The convertible, Clubman, Paceman and Countryman are still on sale, but previous gen cars, so there will be deals on those to keep them moving.
Looks like the new one with the 1.2 engine

http://www.elmsdirect.com/mini/new-car-offers/mini...


Pixelpeep

8,925 posts

171 months

Thursday 29th May 2014
quotequote all
link/info?

Best i can find is £199 a month but with a £1500 deposit

daemon

40,124 posts

226 months

Thursday 29th May 2014
quotequote all
Pixelpeep said:
link/info?

Best i can find is £199 a month but with a £1500 deposit
The link is in my post above ^^^^^^^^^^^^

Pixelpeep

8,925 posts

171 months

Thursday 29th May 2014
quotequote all
daemon said:
Pixelpeep said:
link/info?

Best i can find is £199 a month but with a £1500 deposit
The link is in my post above ^^^^^^^^^^^^
Yeh sorry.. you hadn't posted when i minced around typing my question smile

ging84

9,548 posts

175 months

Thursday 29th May 2014
quotequote all
you call £210 a month for something being given away?

i have a fridge in my garage i was planning to give away
are you interested ?

anonymous-user

83 months

Thursday 29th May 2014
quotequote all
ging84 said:
you call £210 a month for something being given away?

i have a fridge in my garage i was planning to give away
are you interested ?
Shhhh, don't tell him! As long as there is a fresh supply of people willing to "give away" £210 a month there will be a plentiful supply of very cheap 3-5 year old cars for everyone else!


jonny996

2,715 posts

246 months

LukeR94

2,218 posts

170 months

Thursday 29th May 2014
quotequote all
I dont think he spotted the optional final payment laugh

foreverme

Original Poster:

569 posts

207 months

Thursday 29th May 2014
quotequote all
Yes i did see the final payment, i would just hand it back, TBH the amount its going to lose in those years is more than the payment, and TBH 210 a month is not a lot of cash really..

Pixelpeep

8,925 posts

171 months

Thursday 29th May 2014
quotequote all
foreverme said:
Yes i did see the final payment, i would just hand it back, TBH the amount its going to lose in those years is more than the payment, and TBH 210 a month is not a lot of cash really..
Minis residual value is through the roof, one of the best in the class i'm sure of it. Would be well worth the 5k final ? you could sell it for nearly double that i would imagine ?

J4CKO

46,821 posts

229 months

Thursday 29th May 2014
quotequote all
I think that is affordable for a lot of people, but cheap would be a £800 banger.

That said, a new car wont need an MOT for three years, wont need consumables for a while, will be pretty economical, shouldnt break down and will be under warranty if it does, will be as a rule lower on VED, looks like the servicing is included as well.

I suspect the £800 banger would be cheaper overall but involves a bit more luck, plus, a lot of people dont want to drive some old turder.

daemon

40,124 posts

226 months

Thursday 29th May 2014
quotequote all
foreverme said:
Yes i did see the final payment, i would just hand it back, TBH the amount its going to lose in those years is more than the payment, and TBH 210 a month is not a lot of cash really..
I think for your £210 a month there are better deals to be had - check out the lease deal thread if you plan on handing it back anyway you should look for a lease deal.

Also, that deal is reliant on you taking the "standard" car, any extras that you will want will add to the monthly payment as they rarely increase the residual value.


foreverme

Original Poster:

569 posts

207 months

Thursday 29th May 2014
quotequote all
thanks for the comments so far, tbh it would probably save me almost 200 if SWMBO did not take the D4 for every single trip smile, a mini would appeal, i have taken a look at the leasing thread nothing on there is really in the same category as the mini, plus the 1 month down on the mini is good as it does not use cash up...

Jasandjules

72,583 posts

258 months

Thursday 29th May 2014
quotequote all
I feel my definition of "give away" is somewhat different to yours.

iva cosworth

44,044 posts

192 months

Thursday 29th May 2014
quotequote all
No free Minis = Thread fails to deliver.......nono

Matt UK

18,084 posts

229 months

Thursday 29th May 2014
quotequote all
daemon said:
8K miles per year.

£210 + 47 @ £210 = £10080

Optional payment £5738.50

Dealer contribution = £800

Option to purchase fee = £10

Total payable, £16618.50

Total payable by customer = £15818.50

Not spotting much of a bargain there for a poverty spec MINI?
yes