---
title: "Consumer Loan - MINI NEXT Used Cars — MINI Financial Services"
description: "Personal Loans from MINI Financial Services. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/mini-financial-services/products/1087d
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-18T04:23:53Z
---

# Consumer Loan - MINI NEXT Used Cars — MINI Financial Services

> Personal Loans from MINI Financial Services. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Personal Loans · Negotiable rates · MINI**

MINI Consumer Loan is designed for customers purchasing a MINI primarily for personal use. With a fixed interest rate and no account-keeping fees, it offers a simple and predictable way to finance your vehicle. MINI Financial Services Australian Credit Licence 392387.

## At a glance

- **From (owner occupied):** 8.29% (10.33% comparison)

## Apply

Applications are handled by the provider: [Apply at MINI Financial Services](https://www.mini.com.au/en_AU/home/used-cars.html)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 1 year (Option to pay weekly or fortnightly) | 8.29% | 10.33% | Residual value topup 8.29–8.59% |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Early Termination Fees — Early Termination Fee – payable if more than 3 months before expiry of the Term, you pay out your loan, or, due to an Event of Default, we become entitled to recover the total Amount Owing from you. The Early Termination Fee is calculated as follows: Loan Amount x 2.75% x (Term Remaining in Months/Term in Months) + $115 | Exit | 2.75% of balance |
| Establishment Fees | Upfront | $590.00 |
| Dealer Origination Fees | Upfront | $935.00 |
| PPSR Fees | Event | $0.00 |
| Account Keeping Fees — Charged monthly · No Account keeping fees | Ongoing | $0.00 |
| Cheque Dishonour Fees | Dishonour | $15.00 |
| Direct Debit Dishonour Fees | Dishonour | $5.00 |
| Verification Statement Fees | Event | $0.00 |

## Features

- **Digital banking** (Online application with quick verification and dealer support. Manage your finance contract with MINI One app)
- **Our consumer loan offers a fixed interest rate and no account keeping fees. You own your MINI with predictable costs and long-term benefits**
- **Tailor your finance with a balloon or Guaranteed Future Value. Conditions apply**
- **Bill payment (BPAY)** (Option to pay via Direct Debit or BPAY)
- **Extra repayments** (Customer may pay out the loan contract early, subject to an early termination fee)

## Eligibility

- **Individuals only** (Customer should be a Natural person with legal capacity to enter loan contract)
- **Minimum age** — 18 years (Applicants must be aged 18 years or over)
- **New customers must not be an undischarged or discharged bankrupt. Existing customers must not be an undischarged bankrupt**
- **Residency status** — Applicants must have the legal right to work in Australia. If working rights cannot be established, finance cannot be provided
- **Credit Assessment:  Eligibility is subject to credit approval based on the applicant’s financial and employment information. Lending criteria, fees, charges and conditions apply**
- **The vehicle must be used wholly or predominantly for personal, domestic or household purposes**

## Constraints

- **Minimum balance** — $25,000.00 (Loan amount must exceed $25,000)
- **Available across select MINI Next Used cars. The maximum age of a vehicle at end of term is 14 years, or 12 years if a balloon payment (RV) is sought, or 8 years if a Full Circle Loan or Operating Lease is sought. Subject to vehicle stock availability and only at participating authorised dealers** — Eligible Vehicle
- **Maximum LVR** — 125% (The maximum loan amount can be up to 125% of the vehicle’s assessed value)
- **Customers must take out comprehensive insurance coverage over the Vehicle  for the loan term and specify the MINI Financial Services as the interested party**
- **Contract Term should be between 24 and 60 months.**
- **Customer must grant a first ranking security interest over the Vehicle**
- **Conditions apply to Guaranteed Future Value product**

## More information from MINI Financial Services

- [Overview](https://www.mini.com.au/en_AU/home/financial-services.html)
- [Terms & conditions](https://www.mini.com.au/content/dam/MINI/marketAU/mini_com_au/en_AU/home/FS/MINI_Target_Market_Determination_Web.pdf.asset.1758201677453.pdf)
- [Eligibility](https://www.mini.com.au/en_AU/home/financial-services.html)

## Data provenance

- Published by MINI Financial Services under the Consumer Data Right
- Product ID: `1087d`
- Last updated by the provider: 18 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/mini-financial-services/1087d
- Provider page: https://www.cdrcompare.au/brands/mini-financial-services

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/mini-financial-services/products/1087d) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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