Bermuda Motors and Capital G Bank have teamed up to prvide a $1,000 incentive for buyers of a Mini car.

The new 'drive and save' offer, which is available throughout this month, allows customers to save $1,000 on the price of the Mini in the form of a one-year $1,000 certificate of deposit saving account when the car loan is arranged through Capital G.

The offer is available for the Mini Cabrio with touch-button convertible top, which starts from $67,000, the Mini hardtop coupe, from $54,000 and the Mini Clubman with bi-fold doors, from $63,000.

Mini enthusiasts can view an in-stock range of models at the Bermuda Motors showroom on Church Street.

Loan terms are arranged for seven years with a 10 years down-payment at the current interest rate of base 3.25 percent plus 4.5 percent, with an up front fee of 0.75 percent. Buyers can obtain a car estimate which will be forwarded to the promotion loan officer at Capital G, by contacting Bermuda Motors at 292-0893 or visiting the Bermuda Motors showroom.

On approval of the loan, the customer will receive a letter awarding them a $1,000 discount on the car in the form of a $1,000, one-year, Bermuda dollar CD account at Capital G.

Both Capital G and Bermuda Motors are members of the Gibbons Group of Companies.