Mini PCP Finance

Are you after the very best Mini PCP deals? Stop looking, grab a quick cup of tea and read on. We are Car Money, one of the UK’s leading car finance provider, and we can steer you in the right direction for fantastic Mini PCP deals. Moreover, our impartial, quick and easy car finance service can help get you behind the driving seat of a new car in no time.

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Does not affect credit score
HP Finance
Estimate your credit score and how much you'll pay based on the amount you want to borrow.
PCP Finance
PCP consists of paying an initial deposit, followed by monthly payments.

Representative Example: Borrow £7,000 with £1,000 deposit over 48 months with a representative APR of 15.9%, monthly payment would be £166.52, with a total cost of credit of £1,992.92 and a total amount payable of £7,992.92.

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Mini PCP Finance

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What is personal contract purchase (PCP)?

Along with hire purchase, PCP is yet another way for you to finance a car. You start off by paying an initial deposit, followed by ongoing monthly payments. It differs from HP in that you only pay for the depreciation of the car. And when the finance contract term is up, you don’t own the car.

This is the ideal method for drivers that want a bit of flexibility when it comes to changing their car. With PCP, you can opt to switch to a newer car quickly and easily, every 2-4 years.

We’re guessing that you’ve already settled on a PCP finance loan, and perhaps you have an idea of what car you’d like to purchase… A flashy, fun to drive Mini by any chance? In that case, the team at Car Money can help you get some great Mini PCP finance deals.

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What are the benefits of Mini PCP finance?

As we mentioned before, personal contract purchase agreements are perfect for drivers that want to change cars fairly regularly. So if you think that you might keep your car for longer than 4 years, or even plan to buy the car outright, then you should consider a hire purchase agreement.

Here are some more benefits of opting for a Mini PCP finance agreement:

  • Take advantage of a low initial deposit & lower monthly repayments. You could drive away a better car than you would if you choose a HP finance agreement.
  • A specified Guaranteed Minimum Future Value (GMFV), therefore protecting you from market fluctuations.
  • It’s a very flexible method of car finance, leaving you with a few options at the end of the agreement, with the option to buy the car outright if you’ve grown to love it.
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Your Mini PCP finance deal finishes. What happens next?

If you enter into a Mini PCP finance agreement, you’ll have 3 options to consider once the term of the agreement reaches an end. Perhaps you’ve fallen in love with the car and can’t bear to hand the keys back… no problem, you can buy the car outright with a balloon payment. Or maybe your love affair with the car is over, and you found that a PCP agreement wasn’t right for you. Simply hand the keys back and clear up any outstanding payments that may arise, such as damages and over-mileage charges. You are then free to walk away.

Finally, the most common option is to enter into another PCP deal to get another car. This is by far the most favourable option and means you can upgrade to another Mini or change make and model completely. That’s the versatility that comes with a Mini PCP finance deal. Contact us today and see how we can get the best Mini PCP deals for you. Take our Mini PCP calculator for a spin and drive away a brand new Mini!

We compare the best deals from over 20 lenders

  • BNP Paribas
  • Alphera
  • Blue Motor Finance