R50/R53 :: Hatch Talk (2002-2006) Cooper (R50) and Cooper S (R53) hatchback discussion.

R50/53 Financing

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Old Sep 27, 2002 | 05:57 PM
  #1  
Allybrit's Avatar
Allybrit
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2nd Gear
Joined: Sep 2002
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From: Virginia Beach VA USA
HI

I was approved for online financing, but being the thrifty Scot I am, I am shopping around......what kind of rates are MINI offering for someone with excellent credit, married, homeowner etc,

Cheers !!
 
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Old Sep 27, 2002 | 10:55 PM
  #2  
HighAnxiety's Avatar
HighAnxiety
4th Gear
Joined: Feb 2002
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From: Salt Lake City Utah
Whoops... looks like your question accidently got in the audio section.

I don't know what MINI is currently offering... but back in mid August it was just over 7%. Not so good. The majority of people are going through credit unions and getting about 5-6% depending on the loan term.
 
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Old Sep 27, 2002 | 11:17 PM
  #3  
Gidget's Avatar
Gidget
3rd Gear
Joined: Jul 2002
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From: SoCal
Allybrit -

I saw a thread that mentioned Peoples First - i went there and they gave me 5.24% and i even had a 'questionable' remark on my report but otherwise it was spotless.
Needless to say, I love them since they listened to my situation and did not penalize me like everyone else.

MINI has some of the highest rates and they know it. My finance guy says he sends people to other banks just because MINI is so high and won't budge

DOH ops:
 
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Old Sep 27, 2002 | 11:28 PM
  #4  
jceviche's Avatar
jceviche
2nd Gear
Joined: Aug 2002
Posts: 104
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From: SoCal
>>HI
>>
>>I was approved for online financing, but being the thrifty Scot I am, I am shopping around......what kind of rates are MINI offering for someone with excellent credit, married, homeowner etc,
>>
>>Cheers !!

Have you inquired for home equity loan to finance your car?. It has some advantages like being federal tax deductable and low rate.

Good luck,
jceviche
 
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Old Sep 28, 2002 | 12:35 AM
  #5  
Sfiveten's Avatar
Sfiveten
5th Gear
Joined: Feb 2002
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From: Birmingham, AL
Moving to MINI Talk....

SW
 
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Old Sep 28, 2002 | 05:18 AM
  #6  
Allybrit's Avatar
Allybrit
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2nd Gear
Joined: Sep 2002
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From: Virginia Beach VA USA
Thanks very much to everyone who replied, it is much appreciated. Sorry for posting in the audio section...duh...just trying to get the hang of this site,

You guys have been so helpful to me, and it makes the waiting a little bit easier...

Regards to all
 
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