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Prices Paid: Buying & Leasing Experiences MINI Cooper Prices Paid and Buying Experience
1056 messages, Last post on Jul 03, 2008 at 10:51 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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RT, thanks for the advice on the Owners' Lounge. Needless to say that the moment I got my production number, I ran to my computer and entered my name. Amazed that their system picked up the type, color, and options. I'm so hooked into the whole MINI thing, it's becoming a cult. Unfortunately, my MA has not returned my phone call I made yesterday regarding options. I think I'm going to talk to the sales manager for the answer.
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Replying to: spidey (Jan 19, 2005 6:11 pm) My Mini had gotten to the "Scheduled for Production" phase when I found out that the Rear Fog Light was now available. I called Long Beach Mini & since actual production had not started, I was able to add it. So definitely give it a try. |
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I sent them a detailed email, per their request, of the option change. I hope they received it. Long Beach MINI? That's the dealer I'm working with! Email me and we'll compare Coopers. |
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San Francisco Mini quoted us a money factor of .0034 today on a Mini convertible (regular, not "S") we have coming in. Base MSRP + 21,450 Cold weather = $300 Premium package = 1,350 Auto trans = 1,300 DCS = 500 Sport seats = 300 fog lights = 150 so, net total = 25,350 destination charge = 550 MSRP = 25,900 residual quoted at 65% for 36 months and 12k miles per year With money factor of .0034, and $1,000 down, the sales manager says monthly lease payment would be about $435. Good deal? Bad deal? Money factor likely to go up, down on March 1 (or no one ever knows)? Thanks for any help SFCharlie |
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I'm sure the capital cost is essentially non-negotiable, so you're basically looking at the residuals and money factor. The residual sounds about right, but the .0034 money factor seems high to me. On another forum, someone has said that the base money factor rate from Mini financing is .00255. If your credit is good, I'd be looking to get at or very near this. However, the dealer may have you a bit over the barrel if you're committed to buy the car and while giving you the high-demand convertible for MSRP, they may be looking to make it up in financing. If so, I'd try and lease through a third-party or simply finance the car conventionally with commonly available rates in the 4-5% range, or even less if you own a home. If you go in saying you're ready to do an alternative, I'd bet the dealer will back down and give you the base rate. Good luck, - Mark |
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Any recent Canadian Mini buyers? We're looking at a Cooper with CVT and wonder if there's any dickering on the price. Also, we don't really want the sunroof, but we're told by the salesman that there are very very few Coopers ordered without the Premium Package. Is he feeding us a line? Also, what is the standard freight and PDI charge for the Mini? |
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Are there no recent Canadian Mini buyers out there? To be more specific, I'm in BC (Vancouver area). Looking at a Cooper with CVT and Premium. There's a current Mini lease deal for money factor of .00229 (5.5%) over 39 months, 62% residual on a super-low mileage lease. All of that I find acceptable, except, they won't budge from MSRP. Salesman said best he can do is give me some free Mini accessories (clothing, caps, etc). Whoopee!  Am I getting hosed? Or is that the state of the Mini market in this area? I can see Minis are popular, but the model's been around for about 4 years now, for Chrissake! They can't still be selling at MSRP, can they? How about anyone in the Pacific Northwest area (ie. Seattle, Wash). What are your recent buying experiences? |
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I believe Seattle is still getting MSRP+$600 with a six- to twelve-month waiting list. I don't know if the market in Vancouver is similar, but yes, the Mini is still in high-enough demand that discounts are generally few and far between. Never hurts to offer less and see if they bite, of course. - Mark
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Replying to: markjenn (Mar 05, 2005 12:09 am) |
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My nearest MINI dealer is in Princeton, NJ. I went there today and test drove a cooper (love it). Before I went there I did my homework and priced out the cooper I like on the miniusa web site. The experience in the dealership so far was very pleasant. The guy told me that they sell at MSRP (if I order) and after reading this web site this seems to be the way it is - or has anyone gotten the '05 MINI in NJ or eastern PA under MSRP? They are kicking in the door mats for free which are listed on the web site as $95. Having an iPod I want the iPod adapter for which they charge $120 installation on top of the $150 retail price. Can you buy the original BMW adapter (incl. installation) somewhere else for less? Also, they are charging $115.50 for plates and a $125.40 title/doc fee which I think is too much. BTW I live in PA. Has anybody had any luck in negotiating that down or being charged lower fees at any of the two Philadelphia MINI dealers? Thanks, McW |
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