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Prices Paid: Buying & Leasing Experiences MINI Cooper Prices Paid and Buying Experience
1085 messages, Last post on Aug 15, 2008 at 10:24 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jaxs1 (Jun 23, 2007 8:43 am) |
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I am about to close the deal on the following deal what do you guys think ? 07 Mini Cooper Black/Black roof Chrome interior and exterior Premium Package Leatherette Cold package dsc sport seats white turn lights rear spolier MSRP 2370 Price Paid 23200 30 month lease 289/mo residual 71% 12K miles Also The mini cooper does not have an alarm currently. According to the dealer. Would folks advise on lojack for $695 ? ( I am in NYC and Westchester County)
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Replying to: flyhi (Jun 24, 2007 8:40 am)
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Replying to: imgdoc (Jun 24, 2007 1:13 pm) |
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If you are buying a Mini at Southern California, don't go to Crevier. They are about the only dealer left still charging you over MSRP and will try to add on $$$ dealer packages. Go to Southbay Mini, Long Beach Mini, or Assael Mini. They won't charge you over MSRP and you can get free mats. I heard that Nick Alexander and Bob Smith Mini also charges MSRP now, but I have not personally asked them. Crevier is the only one that rejected my MSRP offer and told me that they have no problem selling their cars above MSRP and told me to go elsewhere. I took their advice.
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Replying to: flyhi (Jun 24, 2007 8:40 am) MSRP 20,350. Lease for 36 months 12K: out of pocket first payment and bank fees = $1278 $299/mo +tax Is this a good deal? It looks inflated to me. Car_man or others, please, tell me what you think/.
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Replying to: lostchild (Jun 25, 2007 10:57 am) |
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Replying to: imgdoc (Jun 27, 2007 1:34 pm) red Cooper 2007, automatic trans, with only Cold Weather Package MSRP 20,350.= sale price Lease for 36 months 12K: $299/mo +tax acquisition fee waived!! but money factor 0.00375 (they say this is their best MF) first month and doc fee at signing (about $400) Can it get any better than this?
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Replying to: imgdoc (Jun 28, 2007 8:45 pm) That money factor - 0.00375 is the equivalent of a 9% interest rate. Run! They're robbing you blind. Buy the car and just use ANY credit union to get a better rate. 5-6% is easily found at credit unions. That's 12k in payments. There's no way a Mini will lose over 50% of its value in 3 years. You're overpaying.
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Replying to: blueguydotcom (Jun 29, 2007 1:09 am) thanks for your advice. I told them that people are getting standard MF 0.00275 for MINI leases. I was surprised they even told me the MF over email. BTW, they are using residual of 71% in the calculations, which is correct. With .00275 my payments should be around 270/mo. So I am going to stick to this number. They say they don't sell bellow MSRP, they waived the bank fee, so the only thing to negotiate is the MF, correct?
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