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MINI Cooper Prices Paid and Buying Experience

1491 messages,  Last post on Apr 23, 2013 at 2:35 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? MINI Cooper, MINI Cooper Clubman, MINI Cooper Countryman, Coupe, Hatchback, SUV

Messages Page 74 of 150

#729 of 1491 Paid $1200 below MSRP by pharmd718

Jun 08, 2007 (3:22 am)

Replying to: kyfdx (Jun 06, 2007 4:43 am)
I bought a 2007 mini cooper S from mini of the Hamptons for $22,500. The MSRP was $23,700. I went first to Hassel mini and they offered me the car at $300 below MSRP. I took that qoute to Hamptons and told them that if they gave me a better offer I would buy the car on the spot. I paid off the full amount in cash.
 
Order was placed May 15th. Yesterday (6/7) the dealer called and said that they will have the car in 2-3 days (less then a month of waiting time).
 
Last week I went with a friend to a Mini dealership in NJ. The salesperson said that there is "no way anyone can get a new mini below MSRP". He also told me friend that he had no choice but to buy the car at sticker and that some dealers as asking for more then sticker. I told the salesperson that its not true and took out my invoice. He looked very surprised and asked if he can make a copy and then went to talk to his boss. He came back 10 minutes later and offered the car for $1000 below invoice.

#730 of 1491 Re: Paid $1200 below MSRP [pharmd718] by jaxs1

Jun 08, 2007 (6:17 am)

Replying to: pharmd718 (Jun 08, 2007 3:22 am)
Sounds strange. More likely, they would just match the other offer and not volunteer to go so much lower than the other quote.

#731 of 1491 Re: Paid $1200 below MSRP [jaxs1] by blueguydotcom

Jun 08, 2007 (9:15 am)

Replying to: jaxs1 (Jun 08, 2007 6:17 am)
Agreed. Cash is not attractive to dealerships and he didn't seem to get any add-ons. Plus it's not the end of the month. Maybe in the NE they have trouble moving Minis? If someone suggested 1k below MSRP in socal, the salespeople would call the paramedics/cops to pick up a 51-50.

#732 of 1491 Re: Paid $1200 below MSRP [blueguydotcom] by nyccarguy

Jun 08, 2007 (6:01 pm)

Replying to: blueguydotcom (Jun 08, 2007 9:15 am)
Maybe you're right. I've only seen maybe a handful of the new MINIs here in NY since they were introduced. I see lots of the 1st gen.

#733 of 1491 Re: Paid $1200 below MSRP [nyccarguy] by pharmd718

Jun 09, 2007 (12:16 pm)

Replying to: nyccarguy (Jun 08, 2007 6:01 pm)
The car that I bought came as follows:
pepper white mini cooper S
6 speed stick shift
DSC - $500
LSD - $500
Chrome line interior - $200
Cream white color line - $200
Multi function steering wheel - $350
floor mats back and front - $85
 
Total MSRP = $23,685
Price paid = $22,500
 
The Hamptoms looked like a ghost town when I went. It was in the middle of the week and the dealership looked very quite and empty. There was no one else at the dealership making a purchase and they had over 50 mini's on the lot.
 
Both Hassel mini and the NJ mini dealership said that the most they were willing to take off the MSRP was $300. Seems like they all agreed on this number (except for mini of the Hamptons).
 
I will pick up the car in 3 days (my next day off from work).

#734 of 1491 Another lease deal under MSRP - how's this one? by gr8images

Jun 09, 2007 (4:51 pm)

2007 Mini Cooper S - Pepper white/blk leatherette
Cold Weather
LSD
DSC
Xenon
Convenience Pkg
Multi Function Steering Wheel
 
MSRP: $24550
Cap Cost: $24069
Residual: 0.734
Money Factor: 0.00265
Term: 24
 
Monthly: $377
Sec Dep: $400
Other Fees: $90
Total Initial: $1689
 
I think this is better than the last one I got from Fairfield Mini. What do you guys think?

#735 of 1491 Re: Another lease deal under MSRP - how's this one? [gr8images] by gr8images

Jun 10, 2007 (6:24 am)

Replying to: gr8images (Jun 09, 2007 4:51 pm)
Sorry this is for 15k miles/yr

#736 of 1491 Re: Another lease deal under MSRP - how's this one? [gr8images] by tica

Jun 10, 2007 (9:37 am)

Replying to: gr8images (Jun 10, 2007 6:24 am)
from what I can tell, most dealers give the mats for free..
I'm in NYC on the upper west side and in the past few months have started to notice Mini's EVERYWHERE. Like on any given block there is probably 1 or 2 parked...sometimes more.
 
I'm LOVING mine.
 
My average speed in NYC is 19 mph and the average gas mileage in the city appears to be 24 mpg. SO FABULOUS for parking and lots of people talk to me about my car.
 
my 'check engine' light hasn't seem to come on again in about 3 weeks, which is good.

#737 of 1491 Re: Another lease deal under MSRP - how's this one? [gr8images] by plekto

Jun 10, 2007 (11:52 am)

Replying to: gr8images (Jun 09, 2007 4:51 pm)
$377*23+1689(includes first month of course)= $10360/24=$431.67 a month real cost.
 
I can almost buy one for that. Now, it's for 60 months of course, but I could sell the Mini at any time after 6 months and actually get all of my money back.
 
See, you own the Mini and can resell it in two years for $20-22K in a heartbeat. That effectively makes your cost to own something like $150 a month($100 a month for a base model)!
 
Also, you don't need gap insurance with a Mini, either, or can drop it after six months as you'll be right-side-up on your loan by then. Now, if it was a $200 or more difference in payment, leasing might be an oiption, but we're talking $50 more per month out of your pocket to own and drive as many miles as you want and/or use it like you want.
 
It's high on my list because of this, in fact. I can buy it and resell it almost like putting money into a savings account($100 a month to the car, $300 a month into savings in effect). As far as I know, no other non-exotic car has this lack of depreciation, which is why it works.

#738 of 1491 New stop-start technology for 07 coopers in Aug??!!! by pharmd718

Jun 10, 2007 (12:00 pm)

Replying to: plekto (Jun 10, 2007 11:52 am)
Starting Aug. 2007 all mini coopers will have a start-stop tech upgrade. If you drive the manual transmission and stop at a red light and put the car in nutral...the engine will turn off. When pressing down on the clutch...it will turn back on again. this will significantly improve on the MPG.
 
Does anyone know if its possible to update a 2007 mini cooper S with this new technology?

Messages Page 74 of 150

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