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MINI Cooper Lease Questions

159 messages,  Last post on Jul 16, 2008 at 5:33 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? MINI Cooper, Car Leasing, Convertible, Hatchback


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#116 of 159
Lease options for very low yearly miles? by lowmiles
Dec 21, 2007 (2:26 pm)
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I am interested in leasing a MINI for 36 months. However, because most my work is at my home office, and the rest requires out of state travel (via plane) my yearly car mileage averages between 5500 and 6250.
In Europe, they offer many 8000 mi/per year leases as standard, but the lowest I've seen in the US is 10000.
Can I negotiate a lower cost lease at a 7000 or 8000 miles-per-year cap?
 
Thanks in advance for the feedback.
#117 of 159
what is better for tax deduction--lease or buy? by tica
Dec 31, 2007 (6:30 pm)
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I'm a self-employed freelancer and freelanced my mini for one year. It will be up on May 1, so I'm trying to decide what to do. I probably will get a 2008 instead of buying my 2007,but not sure whether it's better to lease or buy?
 
I can deduct my mileage for travelling to and from work meetings.
 
But what's the difference between the other costs--gas, lease payment/loan payment, etc.? Does it matter?
 
thanks
#118 of 159
Current leases by zkaudio
Jan 16, 2008 (5:49 pm)
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Replying to: tica (Dec 31, 2007 6:30 pm)

Anyone shed light on their lease cost for a Mini S?
 
I am looking at a configuration around 25k...
 
Can that be had on a 15k /yr 24mo lease at under 400/mo with 1,500 out the door? Anyone on a similar lease?
 
Thanks
#119 of 159
MF and Residuals on '08 Cooper (non S) by MULAWYER
Apr 03, 2008 (7:23 pm)
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Anyone know the current numbers for the base Cooper? Looking for 3 years, 15K miles per year.
 
Dealer quoted me figures that suggest that it was ~68% residual and a money factor of .00250, but I think that might have been 12K miles.
#120 of 159
Re: MF and Residuals on '08 Cooper (non S) [MULAWYER] by bijoubaby05
Apr 07, 2008 (1:23 pm)
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Replying to: MULAWYER (Apr 03, 2008 7:23 pm)

my lease is for 36 months. 2000 out the door 326.00 a month. 07 cooper S.
 
in souther california, i think i got a good deal. thoughts?
#121 of 159
Re: MF and Residuals on '08 Cooper (non S) [MULAWYER] by bijoubaby05
Apr 07, 2008 (1:24 pm)
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Replying to: MULAWYER (Apr 03, 2008 7:23 pm)

12K miles... athought it should have been 15K. im over the mileage already
#122 of 159
Re: MF and Residuals on '08 Cooper (non S) [MULAWYER] by Car_man HOST
Apr 25, 2008 (2:17 am)
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Replying to: MULAWYER (Apr 03, 2008 7:23 pm)

Hi MULAWYER. BMW's standard lease money factor for MINI models varies by region. If you tell me what state you are in, I can give you a better idea of what it is in your specific area right now. In general, it is probably around .00210 for any length lease of an '08 Mini right now. The 36 month, 15,000 mile per year residual vale for a base 2008 MINI Cooper is currently 66%. You're right, the 68% residual value is for leases with 12,000 miles per year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#123 of 159
Re: MF and Residuals on '08 Cooper (non S) [bijoubaby05] by ttangbee
Apr 25, 2008 (11:37 am)
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Replying to: bijoubaby05 (Apr 07, 2008 1:23 pm)

Hi bijoubaby05,
 
Would you mind telling me which dealer in socal you got this price and more details on your options? Thanks.
 
ttangbee
#124 of 159
Lease Rates in NW by siteexperts1
Apr 26, 2008 (10:44 am)
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Do you have the latest rates for the Mini Cooper and Mini Cooper S (both convertibles) for 24 and 36 months/ 12,000 miles.
 
Thanks.
#125 of 159
clubman s residual and money factor? by ejs0614
May 06, 2008 (6:51 am)
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Hi Carman,
 
Do you have the latest lease numbers for a 24 month lease on a clubman s?
I am located in central Florida, and trying to weigh the options of buying outright or just leasing for 2 years...
 
I used the March data: (27,700 msrp & cap cost, .00219mf and .71 res on a 24 term...came out to about 438+tax...close? Hopefully the mf has come down to .00210 or better...
 
Thanks!

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