
Owners Choice Program
$239 per month Owners Choice on Cooper S Hardtop
Owners Choice payments based upon a 2010 Cooper S Hardtop with an MSRP of $23,000. For 36 months/10k miles per year. $2000 down, sales tax, doc, & plates due at signing. No sec. deposit or 1st month's payment due at signing. With approved credit. Available to IL. residents only. Expires Setp. 30, 2010.
OWNERSCHOICE: The best of both worlds.
(note: OwnersChoice is ONLY available for new MINIS in TX and IL.)
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:
- Return the MINI to us (as you would a lease) and perhaps get a new MINI.
- Refinance the balloon payment amount with BMW Bank.
- Complete your purchase by making the balloon payment.
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:
- Lower payments: In states where tax laws make leasing less advantageous, OwnersChoice allows you to make lower monthly payments for more MINI.
- Keep your cash: With approved credit, you don't have to make any down payment for your new MINI on purchase plans that extend through 60 months.
- 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.
- 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.
