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MINI Cooper Prices Paid and Buying Experience

1305 messages,  Last post on Nov 27, 2009 at 5:44 PM

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What is this discussion about? MINI Cooper, Coupe, Hatchback

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#348 of 1305 Might buy a used by synch22 Jan 19, 2006 (8:47 am)
Replying to: fedssocr (Jan 19, 2006 6:41 am) Curious, looking at a 2003 this weekend Mini S, 15k miles guy has a few cars and just wants to unload it. Warranty is intact until 2007 or 50k miles. It has alkl the bells and whistles, is this a great deal? Fiancee wants one pretty bad. he is asking 22k, would it be an insult to take a grand or two off Replies to this message: markjenn (Jan 19, 2006 4:32 pm) fedssocr (Jan 20, 2006 6:52 am) markjenn (Jan 20, 2006 9:33 am) and 1 more...
#349 of 1305 Re: Might buy a used [synch22] by markjenn Jan 19, 2006 (4:32 pm)
Replying to: synch22 (Jan 19, 2006 8:47 am) Doesn't sound like a great deal to me, but used MCS's are supporting price points that always seem ridiculous to me so it may be at the current market depending on where you live.   This car is three model years out of date, still in the first couple-year teething-pain problem years, and the seller is asking 105% to 85% of new price (depending on how it is optioned). Doesn't make sense to me.   Today, you can order a 2006 MCS for $21,400 with hundreds of improvements and a fresh four-year warranty. Tens of dealers all over the country will do this deal and deliver your car in a couple months. Exactly why would you pay $600 more for a three year old car?   To me, this car would have to get down to $19K or so to consider. But like I said, I just don't get the market for used MCSs these days. It doesn't make sense.   - Mark Replies to this message: fedssocr (Jan 20, 2006 6:52 am) markjenn (Jan 20, 2006 9:33 am) micweb (Jan 20, 2006 3:29 pm)
#350 of 1305 Re: Might buy a used [markjenn] by fedssocr Jan 20, 2006 (6:52 am)
Replying to: markjenn (Jan 19, 2006 4:32 pm) He says that the car in question "has all the bells and whistles" which I would think adds several thousand dollars worth of equipment over the $21400 base price. It's hard to say whether or not it's a good deal though. You should plug in the car and all the options in the Edmunds used car value evaluator and see what numbers it spits out. That should give you a better idea. Replies to this message: markjenn (Jan 20, 2006 9:33 am) micweb (Jan 20, 2006 3:29 pm)
#351 of 1305 Re: Might buy a used [fedssocr] by markjenn Jan 20, 2006 (9:33 am)
Replying to: fedssocr (Jan 20, 2006 6:52 am) True, so the deal changes from paying $600 more for a three-year old car to paying $600 more for a three-year old car with leather, 17" wheels, and a better stereo.   But you're right, if the car is loaded up, it might be an okay deal (if you really want the options).   - Mark Replies to this message: micweb (Jan 20, 2006 3:29 pm)
#352 of 1305 Re: Might buy a used [markjenn] by micweb Jan 20, 2006 (3:29 pm)
Replying to: markjenn (Jan 20, 2006 9:33 am) With respect to paying the "new price" for a three year old car - my motto has always been, if you are paying new price or close to new price (little depreciation), why on earth buy used? The "useful life" of most cars is 100,000 miles, so a car with 50,000 miles is already down half its useful life. Also, were those 50,000 miles easy or hard miles? Was the car taken in to fix every warranty glitch, or were things allowed to slide?   I am a contrarian. I think the best used car buys are the models that depreciate a lot, for no other reason than they aren't popular - like virtually all American cars. Japanese cars (and MINI's, of course) sell so close to new price, you might as well buy new.   This all assumes you are buying a car not more than 30,000 miles and 4 years old.   After that, or cdrtainly if you are looking at 10 year old cars, Japanese cars are better because they are more reliable in the long run, and (more importantly) they are more likely to have been kept up - owners of imports bite the bullet and pay for repairs and maintenance, while owners of Big 3 cars dump them at the first sign of trouble - thus creating a self-fulfilling prophecy. A MINI in 10 years will have "special interest" value far in excess of its actual economic (costs of operation, costs of repairs and maintenance) factors.   Just be patient and order your MINI. Many of the options do not add a lot of value to the basic car, which is already nice as is. Options and accessories really pump up the out the door price. If you build your car on line, print it out, then review it a week later and trim the "extras" you probably don't really need or want, you'll be surprised how affordable either MINI (base of SC) is. The beauty of "every car is an order car" is that you can do this; so that, practically speaking, a MINI can be much more affordable that an Acura RSX since you don't have to pay for unwanted options because another make's dealer is reluctant or unable to order.
#353 of 1305 I'd pass. by plekto Jan 21, 2006 (1:43 am)
When the redesigned 2007 medels come out, you'll suddenly find that the previous generation models suddenly will drop in value down to bluebook levels - no more premiums anymore for the old models, that's for sure.   So either wait and haggle hard when that happens or well, get a better car. For $25K, you can get a RX-8 or a used well - something far better than Mini makes. Now, Mini are great cars, make no mistake, but that much for a used one is silly.
#354 of 1305 Buying out-of-state, is it ok for California smog regs? by trina4 Jan 22, 2006 (11:25 am)
Hi all, I thinking of buying a car from out-of-state because I can't find what I want at MSRP here. My DMV says any new car has to be "california certified," with regard to emissions standards. Does anyone know if all MINIs sold in the US are also legal for sale in California. Don't know if I can trust a dealer to tell me the truth. Any help is so appreciated. Replies to this message: markjenn (Jan 22, 2006 11:52 am) trina4 (Jan 22, 2006 5:27 pm)
#355 of 1305 Re: Buying out-of-state, is it ok for California smog regs? [trina4] by markjenn Jan 22, 2006 (11:52 am)
Replying to: trina4 (Jan 22, 2006 11:25 am) All Mini's are 50 state. You won't have any issues registering it in CA.   - Mark Replies to this message: trina4 (Jan 22, 2006 5:27 pm)
#356 of 1305 Re: Buying out-of-state, is it ok for California smog regs? [markjenn] by trina4 Jan 22, 2006 (5:27 pm)
Replying to: markjenn (Jan 22, 2006 11:52 am) much thanks mark! now i guess it's just a matter of calling every dealer out there.
#357 of 1305 Re: Lease by tel not great, Just got a new 2005 MINI! by jorgekling Jan 23, 2006 (5:55 am)
Replying to: bvmd73 (Aug 24, 2005 1:30 pm) Problem with Lease-By-Tel is that they give you the run around when it comes time to delivering the car to you. I got my car more than 3 weeks after the date I was promised. Had to spend more than $600 on rental cars in the meantime. They kept coming up with excuses after excuses. They would promise me it would be delivered on a certain day and they kep coming up with excuses. The savings were just not worth the hassle..

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