1. OWN A NEW MINI.
The simplest way to get into a new MINI is to part exchange your current one. If you part exchange the vehicle for a new MINI, any surplus in the vehicle's part exchange value over the optional final payment can be used as a deposit towards a new MINI.
2. KEEP YOUR CURRENT MINI.
If you want to keep your MINI, simply pay your final payment and you will own your car outright. The optional final payment is payable at the end of the agreement if you decide to purchase the vehicle. We remain the owner of the vehicle during the agreement and we may become entitled to recover the vehicle if you do not keep up your repayments.
If you would like to spread the costs of the final payment, please contact one of our finance specialists at your local MINI Centre or contact us directly on 0370 5050 123.3.
3. RETURN YOUR MINI AT THE END OF YOUR AGREEMENT.
With your MINI Select finance agreement you have the option to hand your vehicle back before the optional final payment falls due.
If the vehicle's value is less than the optional final payment, you can hand it back to us without paying the optional final payment. However additional charges may be payable for both excess mileage (actual mileage higher than agreed contract mileage) and vehicle condition (using the standards set by the British Vehicle Rental and Leasing Association BVRLA vehicle condition guide). If your agreement is regulated by the Consumer Credit Act, this contractual option will be in addition to your statutory right to end the agreement early.
You will need to pay all the regular monthly payments and the final part of your credit arrangement fee, if any.