make it happen
MAKE IT HAPPEN. FINANCE AND INSURANCE.
08/2016.
95 38 0 000 024
MINI FINANCIAL SERVICES
CONTENTS. Overview.3 MINI Select.
4-5
MINI Hire Purchase.
6-7
MINI Contract Hire.
8-9
MINI Insurance Solutions.
10-13
Terms and Conditions.
14-15
BEYOND THE DRIVE. FINANCE THAT FOCUSES ON YOU. Has a MINI captured your eye? Then let’s sit down and work out a tailored finance solution for you. We offer three different types of finance agreement to choose from, as well as the guidance of a finance specialist at your local MINI Centre. We also offer insurance solutions to help protect you and your MINI should the unexpected ever happen. Read on to find out more.
2
3
MINI SELECT. KEEP YOUR OPTIONS OPEN. Having three options at the end of your agreement makes this our most popular finance product, for new or Approved Used MINIs. Make a smart move with MINI Select.
THREE DIFFERENT ENDINGS.
WHO’S IT FOR?
1. Pay that optional final payment and the MINI is yours to keep.*
It’s for all those who like lower monthly payments and keeping their options open. After all, when you take out an agreement, you don’t always know what you’re going to want to do two or three years down the line.
HOW IT WORKS. First, you need to take your pick from the MINI range. Then decide what you can put down as your deposit, how long you want your finance to last (between 24 and 60 months) and what your average annual mileage is likely to be. Next – and this is what really sets MINI Select apart – we take a portion of the cost of your MINI and freeze it until the end of your finance agreement. This becomes your optional final payment and it also reduces your monthly payments.^
When your MINI Select agreement comes to an end, you have the luxury of choice with three options:
2. Part-exchange your MINI for a brand new one.** 3. Return your MINI (unlikely we know, but still an option) and as long as it’s within your mileage allowance and has been well looked after, you’ll have nothing more to pay.***
WIN WIN. With options 1 and 3, if the market value of your car is more than what we predicted in the Guaranteed Future Value, you get the benefit. If the market value is lower than the GFV we set at the beginning of your agreement, you can choose to return the car to us with nothing further to pay other than any excess mileage or damage charges.
How do we work out the size of this optional final payment? We use our experience to predict what your MINI will be worth when your finance agreement ends – which is why we also refer to it as your MINI’s Guaranteed Future Value.
PAY LESS THAN YOU THINK.
TERMS AND CONDITIONS.
Deferring part of your MINI’s value until the end could make your monthly payments smaller than you think – giving you the flexibility to go for a higher spec model that will still fall within your budget.
*The optional final payment (and option to purchase fee) are payable at the end of the agreement if you decide to purchase the car. We remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments.
WANT TO KNOW MORE? DEPOSIT.
4
FIXED REGULAR PAYMENTS.
OPTIONAL FINAL PAYMENT.
Please speak to your local MINI Centre for more information on MINI Select, or visit minifs.co.uk
**If you part exchange the car for a new MINI, any surplus in the car’s part exchange value over the optional final payment (and option to purchase fee) can be used as a deposit towards a new MINI. ***Hand the car back to MINI without paying the optional final payment or option to purchase fee. Additional charges may be payable for both excess mileage (actual mileage higher than agreed contract mileage) and vehicle condition (using the standards set by the British Vehicle Rental and Leasing Association). If your agreement is regulated by the Consumer Credit Act, this contractual option will be in addition to your statutory right to end the agreement early. ^Although the total amount payable for ownership may be higher. Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Finance is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
5
MINI HIRE PURCHASE. OWNING YOUR MINI. The attraction of MINI Hire Purchase is that there are no mileage restrictions – so once you’ve picked up the keys there’s no stopping you. Better still, when you get to the end of your finance agreement, your MINI is all yours. Get in the fast lane with MINI Hire Purchase.
HOW IT WORKS.
WHO IS IT FOR?
With that agreed, all we need to do is add the interest and fees, and then we’ll do the sums to work out your monthly agreement.*
MINI Hire Purchase is for those who like to take the straightforward approach. They want to pay for their MINI month by month until they end up owning it.
Once you’ve settled on the MINI model that’s right for you, it’s time to decide what you can put down as your deposit and how long you want your finance agreement to last (between 24 and 60 months).
WANT TO KNOW MORE? Please speak to your local MINI Centre for more information on MINI Hire Purchase, or visit minifs.co.uk
TERMS AND CONDITIONS. *Please note, we remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments. Provided you have made all the monthly payments due under your agreement, including a purchase fee, the vehicle will be yours.
DEPOSIT.
FIXED REGULAR PAYMENTS.
Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Finance is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
7
MINI CONTRACT HIRE. HASSLE-FREE LEASING. Available for both personal and business users, this is a truly effortless way to get the keys to a MINI.
WHO’S IT FOR? MINI Contract Hire is for those who want all of the exhilaration of driving a MINI but none of the hassle of ownership – things like depreciation and selling your car after your contract has ended.
HOW IT WORKS. Once you’ve chosen a MINI, decide how long you would like your agreement to last (between 24 and 48 months) and what your estimated annual mileage will be. With that agreed, we can work out your initial and ongoing monthly rentals. When your MINI Contract Hire agreement comes to an end, just hand your MINI back and, as long as you’ve stayed within your mileage allowance and your MINI has been well looked after, you’ll have nothing more to pay.* No ties, no worries. The best bit is you can then start all over again with a brand new MINI.
WANT TO KNOW MORE? Please speak to your local MINI Centre for more information on MINI Contract Hire, or visit minifs.co.uk
TERMS AND CONDITIONS. MINI Contract Hire is not available on used cars. We remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments. *Additional charges may be payable for both excess mileage (actual mileage higher than contract mileage) and vehicle condition (British Vehicle Rental and Leasing Association Standards). **Initial rental may be significantly higher than the ongoing rentals.
INITIAL RENTAL.
8
**
FIXED REGULAR RENTALS.
Hire is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Hire is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
MINI CAR INSURANCE. GIVE YOUR MINI THE COVER IT DESERVES. MINI Car Insurance is as well put together as your MINI and just as reliable. So if the unthinkable happens, there’s no need to worry. You’ll have a personal claims handler to drive your claim from start to finish.
BENEFITS OF MINI CAR INSURANCE. 99 5 Star Defaqto Rating. 99 MINI Centre Approved Bodyshop. 99 Genuine MINI Parts. 99 Courtesy Car.* 99 UK Claims Call Centre. 99 MINI Car Insurance Claims App. 99 Optional Benefits – so you only pay for the cover you want.
WANT TO KNOW MORE? Call MINI Car Insurance for a no obligation quote on 0330 102 2134, or for an online quote, visit mini.co.uk/insurance Lines are open 8am-8pm Monday to Friday and 9am-5pm on Saturdays.
MINI TYRE, COSMETIC REPAIR AND ALLOY WHEEL REPAIR INSURANCE. Extend your MINI’s protection with: • MINI Cosmetic Repair Insurance covers you against unsightly bumps and scratches. • MINI Alloy Wheel Repair Insurance makes those irritating scuffs disappear. • MINI Tyre Insurance helps towards the unexpected cost of repairs or replacement tyres, allowing you up to five claims during the period of cover.
WANT TO KNOW MORE? Speak to your local MINI Centre for a quote, or for more information, call MINI Protect Services on 0345 641 9736. Terms, conditions and exclusions apply. *Subject to availability.
Lines are open 9am-6pm Monday to Friday. 11
MINI INSURANCE SOLUTIONS. MINI SHORTFALL INSURANCE.
MINI INSURED WARRANTY.
If your MINI is written off due to an accident, theft or fire, your insurer is unlikely to give you back what you paid in the first place. MINI Shortfall Insurance offers you protection against losing out in any of these situations.
If the warranty on your new or Approved Used MINI is coming to an end, MINI Insured Warranty can help protect you against the unexpected cost of repairs and replacement parts.
MINI Shortfall Insurance covers you for the difference between the market value of your car at the time it is written off, and the higher amount of either:
WANT TO KNOW MORE?
• T he car insurer’s settlement figure and the invoice price* you paid for your MINI, or • T he car insurer’s settlement figure and the outstanding amount due under your finance agreement for the insured vehicle. Please note, you must not accept your motor insurer's settlement figure until you have contacted our claims department.
EXCESS PROTECTION INSURANCE. MINI Excess Protection Insurance can help protect you against costly excesses, depending on the level of cover selected. Choose your level of cover: 1. Excess Protection for motor policies. 2. Excess Protection for motor, home (buildings and contents, including accidental damage) and travel (annual multi-trip) policies. Choose your benefit level of £500 or £1,000 for motor only or £500, £1,000 or £1,500 for motor, home and travel.
WANT TO KNOW MORE? Speak to your local MINI Centre for a quote or visit miniprotect.co.uk for more information.
Terms, conditions and exclusions apply. *The maximum invoice price is £50,000.
12
Call MINI Insured Warranty Services for more info or a quote on 0345 641 9721. Lines are open 8am-6pm Monday to Friday and 9am-1pm on Saturdays.
MINI TRAVEL INSURANCE. Wherever you’re going, and for however long, make sure you have the reassurance of knowing you’re covered with MINI Travel Insurance. Visit mini-travelinsurance.co.uk for a quote.
MINI HOME INSURANCE. On top of our standard Buildings and Contents cover, you can include a number of options, like personal possessions and accidental damage cover.
WANT TO KNOW MORE? Call MINI Home Insurance for a quote on 0330 102 2144. Lines are open 8am-8pm Monday to Friday and 9am-5pm on Saturdays.
INSURANCE TERMS AND CONDITIONS. MINI CAR INSURANCE AND HOME INSURANCE. MINI Car and Home Insurance is sold, underwritten and administered by Allianz Insurance plc registered in England number 84638. Registered office: 57 Ladymead, Guildford, Surrey GU1 1DB.
MINI SHORTFALL, TRAVEL, TYRE, EXCESS PROTECTION, COSMETIC REPAIR AND ALLOY WHEEL REPAIR INSURANCE. MINI Shortfall, Travel, Tyre, Excess Protection, Cosmetic Repair and Alloy Wheel Repair Insurance are administered by Mondial Assistance (UK) Ltd. Registered in England, No 1710361. Registered Office 102 George Street, Croydon CR9 6HD and is underwritten by AWP P&C SA, trading from the above address. Mondial Assistance (UK) Ltd is authorised and regulated by the Financial Conduct Authority No 311909.
MINI INSURED WARRANTY AND EMERGENCY SERVICE. MINI Insured Warranty and Emergency Service is sold by Mondial Assistance (UK) Limited, trading as MINI Insured Warranty Services. MINI Insured Warranty and Emergency Service is administered by Mondial Assistance (UK) Ltd. Registered in England, No 1710361. Registered Office 102 George Street, Croydon CR9 6HD and is underwritten by AWP P&C SA, trading from the above address. Mondial Assistance (UK) Ltd is authorised and regulated by the Financial Conduct Authority No 311909. All MINI Insurance products are optional and do not affect your application for finance.
15
08/2016.
95 38 0 000 024
MINI FINANCIAL SERVICES
CONTENTS. Overview.3 MINI Select.
4-5
MINI Hire Purchase.
6-7
MINI Contract Hire.
8-9
MINI Insurance Solutions.
10-13
Terms and Conditions.
14-15
BEYOND THE DRIVE. FINANCE THAT FOCUSES ON YOU. Has a MINI captured your eye? Then let’s sit down and work out a tailored finance solution for you. We offer three different types of finance agreement to choose from, as well as the guidance of a finance specialist at your local MINI Centre. We also offer insurance solutions to help protect you and your MINI should the unexpected ever happen. Read on to find out more.
2
3
MINI SELECT. KEEP YOUR OPTIONS OPEN. Having three options at the end of your agreement makes this our most popular finance product, for new or Approved Used MINIs. Make a smart move with MINI Select.
THREE DIFFERENT ENDINGS.
WHO’S IT FOR?
1. Pay that optional final payment and the MINI is yours to keep.*
It’s for all those who like lower monthly payments and keeping their options open. After all, when you take out an agreement, you don’t always know what you’re going to want to do two or three years down the line.
HOW IT WORKS. First, you need to take your pick from the MINI range. Then decide what you can put down as your deposit, how long you want your finance to last (between 24 and 60 months) and what your average annual mileage is likely to be. Next – and this is what really sets MINI Select apart – we take a portion of the cost of your MINI and freeze it until the end of your finance agreement. This becomes your optional final payment and it also reduces your monthly payments.^
When your MINI Select agreement comes to an end, you have the luxury of choice with three options:
2. Part-exchange your MINI for a brand new one.** 3. Return your MINI (unlikely we know, but still an option) and as long as it’s within your mileage allowance and has been well looked after, you’ll have nothing more to pay.***
WIN WIN. With options 1 and 3, if the market value of your car is more than what we predicted in the Guaranteed Future Value, you get the benefit. If the market value is lower than the GFV we set at the beginning of your agreement, you can choose to return the car to us with nothing further to pay other than any excess mileage or damage charges.
How do we work out the size of this optional final payment? We use our experience to predict what your MINI will be worth when your finance agreement ends – which is why we also refer to it as your MINI’s Guaranteed Future Value.
PAY LESS THAN YOU THINK.
TERMS AND CONDITIONS.
Deferring part of your MINI’s value until the end could make your monthly payments smaller than you think – giving you the flexibility to go for a higher spec model that will still fall within your budget.
*The optional final payment (and option to purchase fee) are payable at the end of the agreement if you decide to purchase the car. We remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments.
WANT TO KNOW MORE? DEPOSIT.
4
FIXED REGULAR PAYMENTS.
OPTIONAL FINAL PAYMENT.
Please speak to your local MINI Centre for more information on MINI Select, or visit minifs.co.uk
**If you part exchange the car for a new MINI, any surplus in the car’s part exchange value over the optional final payment (and option to purchase fee) can be used as a deposit towards a new MINI. ***Hand the car back to MINI without paying the optional final payment or option to purchase fee. Additional charges may be payable for both excess mileage (actual mileage higher than agreed contract mileage) and vehicle condition (using the standards set by the British Vehicle Rental and Leasing Association). If your agreement is regulated by the Consumer Credit Act, this contractual option will be in addition to your statutory right to end the agreement early. ^Although the total amount payable for ownership may be higher. Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Finance is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
5
MINI HIRE PURCHASE. OWNING YOUR MINI. The attraction of MINI Hire Purchase is that there are no mileage restrictions – so once you’ve picked up the keys there’s no stopping you. Better still, when you get to the end of your finance agreement, your MINI is all yours. Get in the fast lane with MINI Hire Purchase.
HOW IT WORKS.
WHO IS IT FOR?
With that agreed, all we need to do is add the interest and fees, and then we’ll do the sums to work out your monthly agreement.*
MINI Hire Purchase is for those who like to take the straightforward approach. They want to pay for their MINI month by month until they end up owning it.
Once you’ve settled on the MINI model that’s right for you, it’s time to decide what you can put down as your deposit and how long you want your finance agreement to last (between 24 and 60 months).
WANT TO KNOW MORE? Please speak to your local MINI Centre for more information on MINI Hire Purchase, or visit minifs.co.uk
TERMS AND CONDITIONS. *Please note, we remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments. Provided you have made all the monthly payments due under your agreement, including a purchase fee, the vehicle will be yours.
DEPOSIT.
FIXED REGULAR PAYMENTS.
Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Finance is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
7
MINI CONTRACT HIRE. HASSLE-FREE LEASING. Available for both personal and business users, this is a truly effortless way to get the keys to a MINI.
WHO’S IT FOR? MINI Contract Hire is for those who want all of the exhilaration of driving a MINI but none of the hassle of ownership – things like depreciation and selling your car after your contract has ended.
HOW IT WORKS. Once you’ve chosen a MINI, decide how long you would like your agreement to last (between 24 and 48 months) and what your estimated annual mileage will be. With that agreed, we can work out your initial and ongoing monthly rentals. When your MINI Contract Hire agreement comes to an end, just hand your MINI back and, as long as you’ve stayed within your mileage allowance and your MINI has been well looked after, you’ll have nothing more to pay.* No ties, no worries. The best bit is you can then start all over again with a brand new MINI.
WANT TO KNOW MORE? Please speak to your local MINI Centre for more information on MINI Contract Hire, or visit minifs.co.uk
TERMS AND CONDITIONS. MINI Contract Hire is not available on used cars. We remain the owner of the car during the agreement and we may become entitled to recover the car if you do not keep up your repayments. *Additional charges may be payable for both excess mileage (actual mileage higher than contract mileage) and vehicle condition (British Vehicle Rental and Leasing Association Standards). **Initial rental may be significantly higher than the ongoing rentals.
INITIAL RENTAL.
8
**
FIXED REGULAR RENTALS.
Hire is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Hire is provided by MINI Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
MINI CAR INSURANCE. GIVE YOUR MINI THE COVER IT DESERVES. MINI Car Insurance is as well put together as your MINI and just as reliable. So if the unthinkable happens, there’s no need to worry. You’ll have a personal claims handler to drive your claim from start to finish.
BENEFITS OF MINI CAR INSURANCE. 99 5 Star Defaqto Rating. 99 MINI Centre Approved Bodyshop. 99 Genuine MINI Parts. 99 Courtesy Car.* 99 UK Claims Call Centre. 99 MINI Car Insurance Claims App. 99 Optional Benefits – so you only pay for the cover you want.
WANT TO KNOW MORE? Call MINI Car Insurance for a no obligation quote on 0330 102 2134, or for an online quote, visit mini.co.uk/insurance Lines are open 8am-8pm Monday to Friday and 9am-5pm on Saturdays.
MINI TYRE, COSMETIC REPAIR AND ALLOY WHEEL REPAIR INSURANCE. Extend your MINI’s protection with: • MINI Cosmetic Repair Insurance covers you against unsightly bumps and scratches. • MINI Alloy Wheel Repair Insurance makes those irritating scuffs disappear. • MINI Tyre Insurance helps towards the unexpected cost of repairs or replacement tyres, allowing you up to five claims during the period of cover.
WANT TO KNOW MORE? Speak to your local MINI Centre for a quote, or for more information, call MINI Protect Services on 0345 641 9736. Terms, conditions and exclusions apply. *Subject to availability.
Lines are open 9am-6pm Monday to Friday. 11
MINI INSURANCE SOLUTIONS. MINI SHORTFALL INSURANCE.
MINI INSURED WARRANTY.
If your MINI is written off due to an accident, theft or fire, your insurer is unlikely to give you back what you paid in the first place. MINI Shortfall Insurance offers you protection against losing out in any of these situations.
If the warranty on your new or Approved Used MINI is coming to an end, MINI Insured Warranty can help protect you against the unexpected cost of repairs and replacement parts.
MINI Shortfall Insurance covers you for the difference between the market value of your car at the time it is written off, and the higher amount of either:
WANT TO KNOW MORE?
• T he car insurer’s settlement figure and the invoice price* you paid for your MINI, or • T he car insurer’s settlement figure and the outstanding amount due under your finance agreement for the insured vehicle. Please note, you must not accept your motor insurer's settlement figure until you have contacted our claims department.
EXCESS PROTECTION INSURANCE. MINI Excess Protection Insurance can help protect you against costly excesses, depending on the level of cover selected. Choose your level of cover: 1. Excess Protection for motor policies. 2. Excess Protection for motor, home (buildings and contents, including accidental damage) and travel (annual multi-trip) policies. Choose your benefit level of £500 or £1,000 for motor only or £500, £1,000 or £1,500 for motor, home and travel.
WANT TO KNOW MORE? Speak to your local MINI Centre for a quote or visit miniprotect.co.uk for more information.
Terms, conditions and exclusions apply. *The maximum invoice price is £50,000.
12
Call MINI Insured Warranty Services for more info or a quote on 0345 641 9721. Lines are open 8am-6pm Monday to Friday and 9am-1pm on Saturdays.
MINI TRAVEL INSURANCE. Wherever you’re going, and for however long, make sure you have the reassurance of knowing you’re covered with MINI Travel Insurance. Visit mini-travelinsurance.co.uk for a quote.
MINI HOME INSURANCE. On top of our standard Buildings and Contents cover, you can include a number of options, like personal possessions and accidental damage cover.
WANT TO KNOW MORE? Call MINI Home Insurance for a quote on 0330 102 2144. Lines are open 8am-8pm Monday to Friday and 9am-5pm on Saturdays.
INSURANCE TERMS AND CONDITIONS. MINI CAR INSURANCE AND HOME INSURANCE. MINI Car and Home Insurance is sold, underwritten and administered by Allianz Insurance plc registered in England number 84638. Registered office: 57 Ladymead, Guildford, Surrey GU1 1DB.
MINI SHORTFALL, TRAVEL, TYRE, EXCESS PROTECTION, COSMETIC REPAIR AND ALLOY WHEEL REPAIR INSURANCE. MINI Shortfall, Travel, Tyre, Excess Protection, Cosmetic Repair and Alloy Wheel Repair Insurance are administered by Mondial Assistance (UK) Ltd. Registered in England, No 1710361. Registered Office 102 George Street, Croydon CR9 6HD and is underwritten by AWP P&C SA, trading from the above address. Mondial Assistance (UK) Ltd is authorised and regulated by the Financial Conduct Authority No 311909.
MINI INSURED WARRANTY AND EMERGENCY SERVICE. MINI Insured Warranty and Emergency Service is sold by Mondial Assistance (UK) Limited, trading as MINI Insured Warranty Services. MINI Insured Warranty and Emergency Service is administered by Mondial Assistance (UK) Ltd. Registered in England, No 1710361. Registered Office 102 George Street, Croydon CR9 6HD and is underwritten by AWP P&C SA, trading from the above address. Mondial Assistance (UK) Ltd is authorised and regulated by the Financial Conduct Authority No 311909. All MINI Insurance products are optional and do not affect your application for finance.
15
