Skip Navigation

MINI Financial Services

Purchase Programs

MINI Select & Owners Choice

MINI SELECT:

(note: MINI Select is available for 2007 MINIs only, and is NOT available in IL, MD, NC, NH, NV, PA and TX.)

MINI Select is subject to the following limitations: amount financed must exceed $10,000 in HI and NJ; contracts entered into in ME must be for 48 or more payments; contracts entered into in WV must have an amount financed greater than $45,000.

Want to own your MINI but make low monthly payments like a lease? The unique and flexible MINI Select program may be for you.

HOW IT WORKS:

Similar to a lease, you make low monthly payments for a time period that you establish up front. At the end of that term a balloon payment is due and you'll have two choices:

  1. Refinance the balloon payment amount with BMW Bank
  2. Complete your purchase by making the balloon payment.
ADVANTAGES OF MINI SELECT:
  1. Lower payments: in states where tax laws make leasing less advantageous, our MINI Select plan allows you to make lower monthly payments for more MINI.
  2. Keep your options open: you make lower monthly payments for a set term, like a lease, but still have flexible end-of-term options.
  3. The bond of ownership: Your MINI is yours to you-ify and customize any way you like.
  4. No lease return process to worry about. It's your MINI.
  5. There are no mileage restrictions, so you can motor on. And on. And on.

OWNERSCHOICE: The best of both worlds.

(note: OwnersChoice is ONLY available for 2007 MINIs in TX and IL.)

By combining the lower monthly payments of leasing with the security of ownership, our MINI OwnersChoice program is a unique and flexible option.

HOW IT WORKS:

You make low monthly payments for a time period that you establish up front. At the end of that term, a balloon payment is due and you have three options:

  1. Sell yours back to us at a predetermined price and perhaps finance a 2007 MINI.
  2. Refinance the balloon payment amount with BMW Bank.
  3. Complete your purchase by making the balloon payment.

You can choose from flexible payment terms similar to a lease.

Standard mileage allowance per year is 15,000 with an excess mileage charge of 20 cents per mile (same as our Motoring Lease program). OwnersChoice customers have the same vehicle maintenance requirements as lease customers.

ADVANTAGES OF OWNERSCHOICE:
  1. Lower payments: in states where tax laws make leasing less advantageous, OwnersChoice allows you to make lower monthly payments for more MINI.
  2. Keep your cash: with approved credit, you don't have to make any down payment for your 2007 MINI on purchase plans that extend through 60 months.
  3. Keep your options open: you make lower monthly payments for a set term, as in a lease, and have similar flexible end-of-term options.
  4. The bond of ownership: the title is in your name. Plus, if you finalize your purchase at the end of your monthly payment period by paying your final balloon payment, you'll own your MINI outright.