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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

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


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#882 of 1111
Press Request by KarenS HOST
Oct 03, 2007 (12:43 pm)
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A reporter with a large finance magazine is hoping to talk to consumers who just purchased or looking to purchase a more fuel-efficient car for their daily commute. Please reply to ctalatiedmunds.com no later than Monday, October 8, 2007 with your daytime contact info.
#883 of 1111
HELP!! by jondc212
Nov 08, 2007 (12:28 pm)
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how much should i be spending on an ASTRO BLACK mini copper type S 2 door, not convertible.
 
The prices that i have been quoted are from 26k to 33k.

please let me know.. and where is the best place to purchase.. if i am going to spend 25K should i consider another car? honda accord coupe??
 
mini enthusiast.
San Francisco, CA
#884 of 1111
Re: HELP!! [jondc212] by dwynne
Nov 08, 2007 (2:43 pm)
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Replying to: jondc212 (Nov 08, 2007 12:28 pm)

Most MINI dealers offer nothing off of MSRP and then charge you a dealer "doc" fee on top of that. I have seen some have specials with $500 off MSRP + add the fee back.
 
What you spend after that just depends on the options you want. The stipper S is not a bad price, but if you want sports pack, premium, convenience, etc you end up with a lot of money in the car.
 
I test drove a new Cooper S just the other day and I TRIED to love the car, but that much power and FWD = massive torque steer. The car with sports pack and runflats is stiffer than my S2000 and stiffer than my RX-8, M5, ;vette, and any number of other cars used to be. But this is not "good" stiffness, it is rough ride stiffness.
 
Look could look at the Si coupe and sedan, the sedan for sure can be had a nice price. For $30k you could also look at the 350z, Mustang GT, and even a left over 07 G35 coupe ($2,500 in dealer money on those now).
 
The MINI is cute inside and out, and if you don't mind the BMW-esqe high failure rate and the FWD torque steer and small size can be a real hoot. But there are other FWD choices and lots of nice RWD cars to look at as well given the high price of a loaded MINI.
 
Dennis
#885 of 1111
Re: HELP!! [jondc212] by dwynne
Nov 09, 2007 (3:06 pm)
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Replying to: jondc212 (Nov 08, 2007 12:28 pm)

I forgot to mention, if the FWD turbo torque steer does not bother you then go test drive a Mazdaspeed3. You get a lot more space and nice handling and acceleration for less money - and probably more reliable. No free maintenance and less MPGs, however.
 
You could probably swing a new S2000 as well. RWD drop top that is quick handles super and returns 24 mpg around town.
 
Dennis
#886 of 1111
Re: HELP!! [jondc212] by 07mcs
Nov 09, 2007 (3:25 pm)
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Replying to: jondc212 (Nov 08, 2007 12:28 pm)

Here is what I paid for my 2007 Cooper S a few months ago:
 
MSRP: $25,800
3 yr / 36K mi lease / $291 per month
Chilli Red with Black Bonnet stripes
Premium Package
Cold weather package
Anthracite roofliner
Brushed alloy interior
16" bridge spoke w/ performance tires
  
$2500 out-of-pocket includes first month's payment, security deposit, tax, title, fee, etc.
 
I remember I checked every dealer along the North-East coast and no one was willing to give that deal except Habberstad Mini NY. Talk to Maureen there (if you wish to go to NY).
#887 of 1111
Ordered our Mini in Ohio by photoman3
Nov 11, 2007 (9:50 am)
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Yesterday placed our order for a 2007 Mini. Dealer said it was his "last slot" for ordering a 2007. Managed to get it at $500 under MSRP.
 
6 Speed Manual
Pepper White w/ Black Roof/Mirrors
Cold Weather Package
Premium Package
Sport Package
Xenon Headlights
Auto Dimming Rear View Mirror
Universal Garage Door Opener
Chrome Line Interior
Cream White Color Line
Piano Black Interior Surface
Carpet Floor Mats
 
MSRP $23,445
Purchase $22,945
 
Hopefully it will be here just in time for Christmas!
#888 of 1111
Re: Ordered our Mini in Ohio [photoman3] by dwynne
Nov 12, 2007 (8:46 pm)
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Replying to: photoman3 (Nov 11, 2007 9:50 am)

Pretty sad state of affairs when we have to brag about getting $500 off full price . How much is the dealer's doc fee? That probably made up for a large chunk of the $500 savings, I would bet .
 
The main thing is you got to order the colors and options you want and DID get some discount. Enjoy your new car when it arrives.
 
Dennis
#889 of 1111
True Cost to Own? by tiff_c
Nov 13, 2007 (11:23 am)
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I hope this is the correct forum for this question. If not feel free to move it.
I am wondering about Edmunds True Cost to own. The Depreciation has a graphic with a slider bar
$--------^---------$$$
Now the way I see it is if you have $------------------^$$$
You LOSE less at resale
If you have $-^-----------------$$$
You lose More
But the Mini always has terrific resale value and I figure I must be incorrect. can some one set me straight?
Which is more preferable for depreciation the ^ to be more towards the $$$ or the $?
Is that confusing enough?
#890 of 1111
Re: True Cost to Own? [tiff_c] by kyfdx HOST
Nov 13, 2007 (5:52 pm)
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Replying to: tiff_c (Nov 13, 2007 11:23 am)

That's a really good question.. To me, the graph reads that the more the arrow is to the right ($$$).... the higher the depreciation (which is bad).
 
    I think they are looking at the raw number on depreciation, not a percentage. So, even though the MINI might retain a higher percentage of the purchase price, it's depreciation rating is not any better than it's lower priced competitor, because of the actual depreciation in dollars.
 
But, I can look at two different cars, whose raw depreciation numbers are similar, and they have two very different ratings, so I'm at a loss to explain why.
 
Does that help?
kyfdx
#891 of 1111
Re: True Cost to Own? [kyfdx] by tiff_c
Nov 14, 2007 (12:32 am)
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Replying to: kyfdx (Nov 13, 2007 5:52 pm)

That's a really good question.. To me, the graph reads that the more the arrow is to the right ($$$).... the higher the depreciation (which is bad).
 
Yeah that's how I'm reading it too, but I'd like to see Edmunds make it clearer so that $$$ = bad $ = Good
Something like this
Depreciation
$Good----------^----------$$$Bad
since it's in the middle in this case it's average.
It just doesn't make sense with some cars tho. Honda Civics are rated average to worse than average yet they sell very well and don't lose a lot of money from new so that means they should be closer to the $--^-----------$$$
end of the scale but very few cars actually are.
I'm baffled.
Maybe Edmunds can clear it all up by changing it to
 
                Depreciation
Screwed---------^-------Great!
 
Something so that we know which end of the graph is the one we want to be on.
 
Thanks for your explanation

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