The trade-in value for a vehicle is based on prices currently being paid by dealers for vehicles that match its age, mileage, and condition.
In general, the trade-in value allows a dealer to earn a reasonable profit on the resale after covering expenses for repair, advertising, and sales commissions. The trade-in value reflects the variability of used car prices and indicates the dealer's risk of selling at a loss.
Classified ads in your local newspapers can give you an idea of retail prices in your area. To estimate a trade-in or wholesale value for your vehicle, you may need to subtract 30 percent or more from the retail price. Sources such as the NADA Web site (NADA.com) provide retail and wholesale prices for late model used cars.
You can enter the taxes rate specific to your locality as a percent. You may enter any rate between 0% and 20%.
Accessories are defined as any item installed at a MINI Dealer and not at the factory. For purposes of a lease, MINI Select balloon financing, or OwnersChoice balloon financing payment, this amount will be added to the total sales price of the vehicle, but not to the residual value of the car at the end of the financing term. For specific details please see your MINI Dealer.
Want to drive your MINI 5,000 miles? 50,000? Even further? The Motoring Lease might be the ideal option for you.
One of the best things about this lease is the flexibility it provides. If, at the end of your lease, you want a new and different MINI – no problem. You can even structure your lease according to your individual needs. If you have a limited down payment or no trade-in, leasing allows you to motor on with reasonable monthly payments. Talk to your MINI Dealer for more details.
When you buy your MINI (as opposed to leasing), there are no restrictions on the number of miles or years you can enjoy with your MINI. So simply let us know which MINI you've been eyeing, and we'll give you a range of flexible financing plans to help you take it home. We offer multiple options, with low competitive rates, that will help us customize your purchase to your exact financing needs. Talk to your MINI Dealer for details.
Get the best of both worlds by combining the lower monthly payments of leasing with the security of ownership. Our MINI OwnersChoice balloon financing program is a unique, flexible option available for new MINIs for Texas and Illinois residents.1 You make low monthly payments for a time period established up front. At the end of that term, a balloon payment is due and you have three options:
1. Standard mileage allowance per year is 15,000 with an excess mileage charge of 25 cents per mile (same as our Motoring Lease program). OwnersChoice customers have the same vehicle maintenance requirements as lease customers.
Want to own your MINI but make low monthly payments, like you would on a lease? The unique and flexible MINI Select balloon financing program1 may be for you. Similar to a lease, you make low monthly payments for a time period that you establish up front. At the end of that term, a balloon payment is due and you’ll have three choices:
1. Note: MINI Select balloon financing is available for new MINIs only, and is NOT available in IL, MD, NC, NH, NV, PA and TX. MINI Select balloon financing is subject to the following limitations: amount financed must exceed $10,000 in HI and NJ; contracts entered into in ME must be for 48 or more payments; contracts entered into in WV must have an amount financed greater than $45,000.
Want to drive your MINI 5,000 miles? 50,000? Even further? The Motoring Lease might be the ideal option for you.
One of the best things about this lease is the flexibility it provides. If, at the end of your lease, you want a new and different MINI – no problem. You can even structure your lease according to your individual needs. If you have a limited down payment or no trade-in, leasing allows you to motor on with reasonable monthly payments. Talk to your MINI Dealer for more details.
When you buy your MINI (as opposed to leasing), there are no restrictions on the number of miles or years you can enjoy with your MINI. So simply let us know which MINI you've been eyeing, and we'll give you a range of flexible financing plans to help you take it home. We offer multiple options, with low competitive rates, that will help us customize your purchase to your exact financing needs. Talk to your MINI Dealer for details.
Get the best of both worlds by combining the lower monthly payments of leasing with the security of ownership. Our MINI OwnersChoice balloon financing program is a unique, flexible option available for new MINIs for Texas and Illinois residents.1 You make low monthly payments for a time period established up front. At the end of that term, a balloon payment is due and you have three options:
1. Standard mileage allowance per year is 15,000 with an excess mileage charge of 25 cents per mile (same as our Motoring Lease program). OwnersChoice customers have the same vehicle maintenance requirements as lease customers.
Want to own your MINI but make low monthly payments, like you would on a lease? The unique and flexible MINI Select balloon financing program1 may be for you. Similar to a lease, you make low monthly payments for a time period that you establish up front. At the end of that term, a balloon payment is due and you’ll have three choices:
1. Note: MINI Select balloon financing is available for new MINIs only, and is NOT available in IL, MD, NC, NH, NV, PA and TX. MINI Select balloon financing is subject to the following limitations: amount financed must exceed $10,000 in HI and NJ; contracts entered into in ME must be for 48 or more payments; contracts entered into in WV must have an amount financed greater than $45,000.
The rates provided are for sample purposes only and are based on the creditworthiness of the client. Not all clients will qualify for the lowest rate. You and your MINI Center will determine your actual rate.
The default down payment is $2500. You may input any value 0 or greater.
The term is the number of months you would like to finance your vehicle.
The rates provided are for sample purposes only and are based on the creditworthiness of the client. Not all clients will qualify for the lowest rate. You and your MINI Dealer will determine your actual rate.
Select the estimated number of miles that you expect to drive each year.
Estimated payments exclude applicable taxes, title, registration, license, and documentary fees, and will vary depending upon the final price and terms agreed upon between you and your MINI Dealer. Calculation of this estimated payment may include a credit or rebate. The availability and amount of credits and rebates are subject to changes in law and subject to MINI Dealer participation, which could affect the estimated payment. Consult your selected MINI Dealer for more information regarding the availability of a credit or rebate on your chosen vehicle.