Question:
am looking to buy a new mini (in the UK) and am wondering how to finance the car, and which of these options would be the best, financially. I currently own a Renault clio and am hoping to part-ex. Its worth about £3500.
1. Bank loan?
2. mini lease purchase (big payment at the end)
3. lease
What happens if you don't make the final large payment...would I lose out financially?
Answers:
Were to find used cop car in dallas tx?
If you take option 2, you have the opportunity to just hand the car back in, and walk away after the three years. Or you can part exchange it against another new car, and carry on paying as you will have been.When buying a used car is it better to buy it from a public auction or int he paper?
If you are 25 or under, have a look at this site for another option.
https://www.marmaladegroup.co.uk/clubs/a...
Would you buy this Jetta for 400.00?
Hope this helps you.
Bank loan, with the lowest A.P.R. you can find. Try Uswitch.com to find a good loan rate.
Is there a good car dealership in atlanta that excepts people with bad credit?
A bank loan would make most sense as then the garage/finance company wouldnt own the car meaning you could sell it whenever you liked without first having to pay it off. Many garages will now match banks apr rates though. Leasing is dead money as you pay for years then give it back! Option 2 is basically same as leasing but when you take it back after a few years you shouldnt need another deposit to get a new one. P.S I have a few Mini's and think they are fantastic!More Questions & Answers ...
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