Does anyone know and recommend a finance option for a mini?

Question

I have enough to put down a £2000 deposit, but does anyone know how much, roughly, monthly installments would be and how long a time I can spread these over? Its just a basic mini one model that i'm looking into. Any help would be much appreciated!! x

Answer 1

Why a mini, they look rubbish and i've heard they blow up and stuff.

Not good..

Answer 2

Hi, for info on how much finance would be, and ANYTHING to do with money visit moneysavingexpert.com The guy who runs it,  Martin Lewis, is the one who goes on GMTV and Radio 2's jeremy vine show and has his own money saving prog on Channel 5. He is a genius and there are loads of tips on saving money getting the best deals on things and general consumer advice.

Here is a link to the "loan calculator" on his website. Have a look on the site for his recommended cheapest interest rate loans and use the calculator to work out the monthly repayments: http://www.moneysavingexpert.com/loans/c...

I am currently paying off an £8000 loan on my new car over two years at 6.9% and its costing me about £360 per month.

If you need any more help give me a shout.

ps. defineitly worth signing up to the MSE newsletter while on his site because it gives u upto date offers and discounts at shops, services (gas, leccy), leisure (eating out, cinema, alton towers etc)

hope this helps :)