Mini USA is offering 1.9% or 3.9% + bonus option up to $1750 for free until April 30. Anyone know if this is on a pourchase only or it can be applied to leases as well? Thank you.

 

Purchase only. Any leasing special offers will be listed separately.

 

Depending on how bad your dealer wants to make a sale you can get them to give you the option credit on a purchase through other banks. I didnt qualify for MINI/BMW special interest rates but the dealer still gave me my option credit.

 

option freebies come from mini usa,low apr loans come from mini financial.

two seperate companys

 

Very frustrating to me. I asked the dealer if that also apply to custom order MINI, they said yes as long as the car arrives and the deal still going on. However they said ordering one usually take 2 months, which is after Apr 30th even if I order today.
But this deal has been extended once already, wondering if they will further extend it.

 

Good luck with that. There's no bank on the planet that's going to do a car loan at 1.9% or even 2.9%.

 

There's almost certainly going to be SOME deal in place then... heck, it might even be better. I got mine at 2.9% in December. They've since done 1.9%. I don't see them going higher than 2.9%, unless business suddenly takes off and demand exceeds supply. And that ain't happening.

 

Yup.

A bank will NEVER give you simple interest, either.

 

I never said the bank would give you that kind of rate. I just said that unlike some other dealer incentives you can still get the option credit even if you do not qualify for the finance rate special with/through BWM/MINI.Chase is who holds my note and I still got my option credit.

 

The MINI loan is not "simple interest".

 

In Florida all autoloans are SIMPLE INTEREST

 

I just ordered an MCS the other day... The salesman told me that you can get the option credit with a lease. He also told me that if I want the current promo offer now I can do the credit app now and it will be good for when the car arrives in May, otherwise I could wait to see what the offers are then. He said the rates are usually more aggressive earlier in the year... That was at Herb Chambers Mini in Boston...

 

(post deleted by MiniClubman)

 

You are wrong ,no bank or company offers a flat dollar amount for the life of the loan unless no intrest is charged.loans that are 0% only have a one time bankfee/contract fee.

simple interest is based on a apr (annual percentage rate) I should know because I own a new car dealership .

 

You're right, and I'm wrong. Thanks for the correction.