There are lots of perks to buying a Certified Pre-Owned MINI Cooper. However, financing a pre-owned vehicle isn’t always an option. We’re reviewing the ins and outs of MINI Certified Pre-Owned financing at Orlando MINI.
How Does Financing Work?
When you purchase a vehicle, you’re responsible for paying the total amount upfront. If you can’t, you can apply for a loan from a lending institution, and then pay back the loan in comfortable monthly payments. This is referred to as auto financing.
How Does it Differ for a Pre-Owned Vehicle?
To get approved for an auto loan, we’ll review your income, debt, credit history, and more. Lenders also look carefully at the vehicle you’re buying and can be hesitant to extend a loan for a pre-owned vehicle. They don’t want to run the risk of you abandoning your loan if your vehicle ends up having issues.
Is it Easier to Get Approved for a Certified Pre-Owned Vehicle?
A MINI Certified Pre-Owned (CPO) vehicle is meticulously inspected and thoroughly reconditioned, which helps to eliminate the risk. This gives lenders peace of mind and typically makes it much easier to secure financing for a MINI CPO vehicle, as opposed to a pre-owned one.
What are the Other Perks of a MINI CPO Vehicle?
The meticulous inspection is just one of the many perks of a MINI CPO vehicle. Their other perks include:
- Remainder of the four-year/50,000-mile MINI New Passenger Car Limited Warranty
- One-year/unlimited-mileage MINI CPO Limited Warranty
- Up to five years of 24/7 Roadside Assistance
Apply for Certified Pre-Owned MINI Financing in Orlando, FL
When you want to purchase a Certified Pre-Owned MINI vehicle, there’s no better place to turn. We have an extensive selection at Orlando MINI and a convenient financing process. Stop in to get started today!
