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MINI Cooper Lease Questions

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

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

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#13 of 159 Re: Cooper S residual value? Help!!!! [rdubs] by akitadog Dec 29, 2005 (11:27 am)
Replying to: rdubs (Dec 29, 2005 9:05 am) If your brother can afford almost $700/month, he might as well pay a tad bit more and just buy it. No sense in throwing that much money away on a lease. Replies to this message: rdubs (Jan 03, 2006 3:33 pm)
#14 of 159 Re: Cooper S residual value? Help!!!! [akitadog] by rdubs Jan 03, 2006 (3:33 pm)
Replying to: akitadog (Dec 29, 2005 11:27 am) Update. Found out that they were using a 61% residual value, but it wasn't based on the full sale price plus the money factor was .004, way too high. I think we'll go with another dealer if the dealer continues to take pride in how he doesn't have to come down on anything because it is a MINI. He can have whatever price he wants, and whatever financing he wants, but he just won't get any business from us. Hope you all had better experiences.
#15 of 159 Re: Cooper S residual value? Help!!!! [rdubs] by Car_man HOST Jan 11, 2006 (4:18 am)
Replying to: rdubs (Dec 29, 2005 9:05 am) Hi rdubs. The lease money factors for Mini models actually increased from .00280 to .00285 this month. The 36 month, 15,000 miles per year residual value for a lease of a 2006 Mini Cooper S with the JCW Package is currently 58%. Vehicles residual values are set by banks and are not negotiable. Individual dealers do not have the authority to alter them.   Car_man Host Smart Shopper / Prices Paid Forums
#16 of 159 Mini Cooper Convertible Lease Payment? by amixam Jan 13, 2006 (8:14 am)
I'm looking at an '06 Mini Cooper Convertible, Auto, w/the premium package. The price I was quoted is 24900, and the lease payment I was quoted was $438/month for 42 mos. or 417 for 48 mos, using 10K/mi per year. This is Hendrick MINI in Charlotte NC.    Im curious if you are leasing if this sounds high/low/about right in terms of payment? I realize these things sell at list, so I know I won't get a price break. Thanks! Replies to this message: Car_man (Feb 20, 2006 4:38 am)
#17 of 159 Ordering a Mini-- Secure financing now or wait? by stetsonhatter Feb 01, 2006 (6:00 pm)
I'm placing an order on a Mini Cooper Convertible and was wondering if I should secure the lease now or wait two months for the car. Any chance there will be any good lease programs coming out? Dealer says they can lock in current rates for three months.   Also, are all dealers selling at MSRP now? South Mini in Miami doesn't even have cars on the lot. I suppose they won't be negotiating. Replies to this message: Car_man (Feb 20, 2006 4:55 am)
#18 of 159 Re: Mini Cooper Convertible Lease Payment? [amixam] by Car_man HOST Feb 20, 2006 (4:38 am)
Replying to: amixam (Jan 13, 2006 8:14 am) Hi amixam. I'd be happy to give you my opinion on the lease payment that you were quoted. However, in order for me to do so it would be a big help if you would tell me what its full MSRP is. You mentioned that MINIs sell at list. Does that mean that $24,900 is both this car's MSRP and selling price?   Car_man Host Smart Shopper / Prices Paid Forums
#19 of 159 Re: Ordering a Mini-- Secure financing now or wait? [stetsonhatter] by Car_man HOST Feb 20, 2006 (4:55 am)
Replying to: stetsonhatter (Feb 01, 2006 6:00 pm) Hi stetsonhatter. I'm not surprised that you can lock in Mini's lease program for three months. BMW Financial Services allows this on BMW brand vehicles. It is probably a good idea to lock in your car's lease program now. Mini never provides any sort of lease support on the Cooper. As a result, if you lease one you will have to pay its standard lease money factor which is more likely to increase than drop over the next couple of months. Furthermore, this car's residual values will probably drop a point or two between now and when you take delivery, making it more expensive to lease as well.   As far as this car's price goes, don't expect much in the way of a discount. According to what I near, most consumers are paying close to MSRP for it right now.   Car_man Host Smart Shopper / Prices Paid Forums
#20 of 159 Current money factor by stetsonhatter Mar 02, 2006 (4:08 pm)
Anyone know the current money factor on a 2006 Cooper Convertible? I'm being quoted .00360 from BMW financial svcs by the dealer. This seems high. I can get .00225 on a 48 mo lease from LeaseCompare.com. Replies to this message: qbrozen (Mar 07, 2006 12:15 pm) kyfdx (Mar 07, 2006 8:17 pm) tommyg12 (Mar 09, 2006 7:30 am) qbrozen (Mar 09, 2006 11:04 am) and 1 more...
#21 of 159 press request by kirstie_h HOST Mar 03, 2006 (6:39 am)
A large newspaper reporter aims to interview someone who is on the waiting list for a Mini Cooper. Please respond to ctalatiedmunds.com before Sunday, March 4, 2006 with your daytime/weekend contact info.
#22 of 159 Re: Current money factor [stetsonhatter] by qbrozen Mar 07, 2006 (12:15 pm)
Replying to: stetsonhatter (Mar 02, 2006 4:08 pm) in addition to the above, I'm curious as to the residuals on the Mini. Specifically, for me, it would be the MCS coupe.   With the insane resale value on these, I would expect leases to be extremely low. Replies to this message: kyfdx (Mar 07, 2006 8:17 pm) tommyg12 (Mar 09, 2006 7:30 am) qbrozen (Mar 09, 2006 11:04 am) Car_man (Mar 21, 2006 4:03 am)

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