R55 Anyone using MINI financing for their Clubman?

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Feb 28, 2008 | 03:27 AM

#26

ClubmanS

6th Gear

Joined: Dec 2007

Posts: 2,972

Likes: 3

From: South Florida

Finally took delivery of our new Clubman last night!!!

Got a loan on 6.04% interest for 36 months with MINI Financial services. Not bad at all. Plus I am getting a $500+ rebate for using them (Thanks to my MINI Visa Platinum card points).

Very happy with the deal.

Feb 28, 2008 | 06:27 AM

#27

tim781996

Thread Starter

6th Gear

Joined: May 2006

Posts: 1,287

Likes: 0

From: Maine

Well I think I finally figured out how I'm going to pay for mine. My wife has decided to let us trade or sell the 04 Pepper White, and we will finance through Northeast Credit Union in Portsmouth, New Hampshire. It'll be 3.49% for 60 months. Can anyone be that?!

One catch though... the 04 is an auto, and the Clubman is a manual. My wife has never driven manual, and she hasn't driven with me in a manual Cooper before. So, I'll have to be on my best behavior for that initial test drive in order to make sure this all goes smoothly.

Feb 28, 2008 | 07:42 AM

#28

JeremyAZ

2nd Gear

Joined: Jan 2008

Posts: 89

Likes: 0

Manual is fun, but my wife doesn't know how to drive one. I bought a BMW Z4 (manual tranny) almost a year ago and she said she would learn. Well, that experiment failed, and I had to get rid of the car. The good result was that I decided to get the Mini Clubman-----automatic of course. Good luck!

Feb 28, 2008 | 07:50 AM

#29

ClubmanS

6th Gear

Joined: Dec 2007

Posts: 2,972

Likes: 3

From: South Florida

Wife does not drive manual either and not interested, so I am the only driver of the R53 manual. The automatic Clubman seems to be very good but I need more seat time in it to form my impressions..

Mar 1, 2008 | 06:45 AM

#30

kathyinasheville

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Joined: Feb 2008

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Quote:

Originally Posted by tim781996

If so, what are the going interest rates. I'm still trying to decide how I want to pay for mine. My wife suggested dimes, since they are the smallest coin, but I don't have enough of them.

I shopped around and found a 4.99% rate if I applied on-line with my credit union. When the MA asked about financing arrangements, and I told him the rate I'd gotten, he had the finance guy call me and to my great surprise was able to arrange a 4.29% loan for the same amount (I only partially financed put the rest down) through Bank of America. I didn't think they'd be able to better my rate, but if you have already secured a loan somewhere else let them know, and see if they can beat it!

--Kathy, proud new mom to Hermione the Hot Chocolate Clubman (pics to be posted later)

Mar 1, 2008 | 06:49 AM

#31

kathyinasheville

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Joined: Feb 2008

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Quote:

Originally Posted by ftttubrgcm

IUSAA, our insurer and bank, says they may give us a better rate but right now, my VIN doesn't even register in their computers so they can't even give me an insurance rate until tomorrow.

Although I didn't finance with USAA I do carry all my insurance with them and had to call and speak with a rep when I couldn't add the new Clubman to my auto policy on-line. Turns out it is so new the model doesn't appear in their system yet, so the rep had to manually add it!

--Kathy, proud mom to Hermione the Hot Chocolate Clubman