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Prices Paid: Buying & Leasing Experiences MINI Cooper Prices Paid and Buying Experience
1111 messages, Last post on Oct 10, 2008 at 8:06 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gobebe (Jul 29, 2007 10:12 pm)
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Replying to: qbrozen (Jul 30, 2007 6:50 am) It's probably possible to get close to $40K for a Cooper S convertible with everything including tax and license. |
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Hi Guys, I went to LongBeach MINI for a new MINI 2007, premium package and automatic transmission. The total OTD was 23,900 and the MSRP was 21,200 Here is what the dealer offered for lease Residual 70% Money Factor .00335 (Initially he offered .0415 which i refused) Down payment: $5000 Monthly payment: $220 I know it is not a very good deal. When I did not show interest at this, he became quite upset, he closed the book and said, that is not how you negotiate. Probably because initially he asked me what price would I be willing to buy and I said $220 monthly payment.  Guys, what is a good deal? Money factor and residual, for a Credit score of above 700. I was thinking that I should get a money factor of .0029 or something like that 
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Replying to: gpower (Jul 30, 2007 11:21 am) |
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Replying to: gpower (Jul 30, 2007 11:21 am) I have vehicles that I sell where the buy rate is in the .00335 range or so. It wouldn't surprise me if the MINI had a money factor like that as it is a very hot car. |
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Replying to: british_rover (Jul 30, 2007 1:20 pm)
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Replying to: jaxs1 (Jul 30, 2007 6:42 pm) |
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Replying to: british_rover (Jul 30, 2007 1:20 pm) |
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Replying to: gobebe (Jul 29, 2007 10:12 pm) |
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Replying to: jaxs1 (Jul 30, 2007 6:42 pm) However, before I could negotiate further, the dealer became very agitated because I asked for $220/month and he gave me the same with the MF of 0.00335, but through the forums, I knew it could be lower still. I could not proceed further. Are there any dealers in SOCAL with a good MF/deal on a MINI Cooper 2007 lease? Recommendations are welcome
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