For many months, Mini was one of the few manufacturers whose sales were holding up pretty well. Now things have changed. As the economy continues to worsen, even Mini Coopers aren’t selling anymore. So far this year, Mini sales are down 16% compared to a year ago.

For the past 3 months, Mini has been offering sweeter and sweeter incentives to move the cars off dealer lots. In February, Mini began offering 4.9% financing for 60 months. The next month, they dropped it down to 2.9% for 36 months. In April, they lowered it even more to 1.9% for 36 months (excludes the Mini Cooper convertible).

What’s in store for next month? Could we see 0% financing? We’ll have to wait and see, but one thing’s for sure: Deals on Minis have never been as good. If you’ve been waiting to own one, now’s a good time to be looking.

Filed under Incentives, Mini.