MINI HP Calculator
Calculate your MINI HP monthly payments. Fixed payments, no balloon. Get instant quotes with our free calculator.
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MINI HP Calculator
MINI HP FAQs
What is MINI HP finance?
MINI HP (Hire Purchase) is a straightforward car finance option. You pay a deposit, make fixed monthly payments, and own the car at the end. No balloon payment required.
What is the typical APR for MINI HP?
MINI HP APR rates typically range from around 5.9% to 12.9% depending on model, credit profile, and current promotions.
How much deposit do I need for MINI HP?
Typically 10-20% of the car's value, though you can put down more to reduce monthly payments.
Do I own the car at the end of MINI HP?
Yes. With HP finance, you automatically own the car once you've made all monthly payments. There's no optional final payment like with PCP.
Can I settle my MINI HP early?
Yes, you can settle your HP agreement early. Contact your finance provider for a settlement figure, which will include the remaining balance.