Enter Honest John's Kit Competition An awesome prize is up for grabs every week | No thanks

MINI Sold Out Until Next Year

Sat, 14 Jul 2001
Apart from the three that got burned out in the Bradford riots last weekend, the new MINI has been a sell-out. BMW has issued a press release stating that none will be delivered before October. And Quentin Willson's column in The Daily Mirror on Friday told us that orders for MINI Coopers are so high that fresh orders cannot be met until 2002.

This will inevitably mean speculation. Many of last Saturday's orders will have been made by speculators hoping to turn a £2,000 - £3,000 profit on delivery. And, as I predicted on LBC Radio last Saturday, the car is such a hugely wanted little number, they'll probably get it.

Not only that, it appears to be difficult to buy a MINI One without various option packs which inevitably jack the price up way past the list price of £10,300.

So though BMW honourably came in with sensible list prices, it wouldn't surprise me in the least if the huge surfeit of supply over demand forced up the list prices of these cars within the next few months. It could be that even the speculators will be caught out by this.

Let's just wait and see.

More at www.mini.co.uk

Comments

Add a comment

 

Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.