All-Electric MINI Countryman: Lease or Finance?

So, you’ve done your research, and you think the electric MINI Countryman is the right car for you. 

Now comes the big question: should you lease or finance it?

On the one hand, if you take out finance to buy the car outright, you’ll own it once you’ve finished paying off the loan. But, if ownership isn’t a priority, leasing offers more affordable monthly payments and the option to upgrade to a new model at the end of the lease.

Still unsure which option is right for you? Read on to learn more about the pros and cons of each option.

Why choose an electric MINI Countryman?

The electric MINI Countryman blends the MINI’s iconic British charm with a bold SUV-inspired design. The result? A spacious family car that is both stylish and practical.

Inside, the Countryman comfortably seats the whole family, while the expandable boot provides plenty of room for luggage, perfect for your next big adventure. 

The Countryman is also equipped with MINI’s latest technology, including an intelligent personal assistant and advanced driver assistance technology, providing a smooth, comfortable, and enjoyable driving experience.

Financing an electric MINI Countryman

When you finance a car, you take out a loan to cover the cost of the purchase and pay it back over an agreed period. Once you’ve finished paying off the loan, the car is yours.

However, financing typically comes with a higher deposit and higher monthly payments than leasing, and you will also need to shoulder the cost of interest and APR on the loan and depreciation.

Leasing an electric MINI Countryman

Leasing is an affordable alternative to financing. Leasing allows you to drive around in a brand new MINI electric Countryman without the commitment of ownership. 

With fixed monthly payments that are typically lower than financing, leasing lets you enjoy all the benefits of a new car without the financial burden of depreciation. 

The initial deposit required when you take out a MINI Countryman electric lease is typically lower than the one required for financing. Most financing companies require a deposit of 10-20% of the total loan. In comparison, the deposit to lease MINI Countryman electric is usually the equivalent of between 3 and 9 months of payments.

By taking out an electric MINI Countryman lease, you are effectively paying to rent the car from the leasing company, so you will never own the car. This also means you don’t have to worry about its resale value or the hassle of selling it. 

If you want lower monthly payments, minimal commitment, and the flexibility to change cars regularly, leasing could be the right choice for you.

At LetsTalk Leasing, we are proud to be one of the UK’s leading car leasing companies. Our

MINI Countryman electric lease deals start at just £428.83 /month. Contact our team to find out more.