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Old 04-03-2007, 08:42 PM
iDriveS iDriveS is offline
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Join Date: Mar 2007
Location: Boston
Posts: 156
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I like to be as careful and in control of my finances as possible and this just strikes me as far too similar to an A.R.M. for a house (and we're all seeing/suffering the effects of these). Personally, I think this is just a way that MINI is getting people to buy a car that they can't really afford. FWIW I think you should save up for a downpayment that will reduce your monthly payment to an affordable level. I decided I wanted to get a new car four months months ago but saved up as much as I could and held off from buying anything and just put in my order tonight on an R56 MCS with more options than I need and after putting 10k down on it the monthly payments will not be a problem. Not to mention you will actually have some instant equity.
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