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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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#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!
#126 of 159
Re: when my 1year lease is up what should I do? [tica] by itaddict
May 06, 2008 (8:53 pm)
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Replying to: tica (Nov 11, 2007 10:58 am)

Dude,
 
where can i get that lease from ? the 1 year lease? awsome - please let me know - i'm in central NJ. fawadcomcast.net or itaddictaol.com - Thanks
#127 of 159
may lease rates by sharmabmw
May 07, 2008 (10:11 pm)
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In Southern Calif, I was just quoted the following finance on a 24 mos, 15,000/yr lease: 73% residual value and .00250 MF. He wouldn't tell me what the base BMWFS MF was. Does the mod know?
 
thanks.
#128 of 159
Finance Options by riffster90
May 08, 2008 (8:43 am)
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Ok so thinking about buying or leasing a mini. What i have come to find out is that Mini offers more than these two options tho, for example there "mini select" program. I was wondering what u owners suggest, buying or leasing? Or if anyone has used any of there other financial services, and what they like or dont like about them .
#129 of 159
Lease rates for May 2008 by davezz1
May 09, 2008 (2:29 pm)
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Hi Car_Man or anyone else - Im trying to lease a Mini Cooper S Hardtop in Los Angeles. Id appreciate it if you could let me know the money factors and residuals for a 12K/3 year and 12K/4 year lease.
 
Thanks in advance,
Mani
#130 of 159
Clubman and Clubman S lease in No. Cal. by marcz
May 12, 2008 (5:14 pm)
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I am looking at leasing either a Clubman or Clubman S in Northern California.
 
First question: does anyone have the residuals and money factors for a 3-year and a 4-year lease with 10,000 miles per year?
 
Second question: does anyone know if any dealers are taking orders for these cars at MSRP or less? We have been told that there is a markup of $1500-2000 over MSRP.
 
Thanks for your help!
#131 of 159
Re: Clubman and Clubman S lease in No. Cal. [marcz] by riffster90
May 12, 2008 (6:07 pm)
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Replying to: marcz (May 12, 2008 5:14 pm)

If u go on miniusa.com and build ur clubman however u want u can estimate ur monthly payment there.
 
second, mini is like a no haggle dealership i dont think u can get them below msrp
 
but u should go on the site where u can get a rough estimate of a monthly payment, u also can locate where ur closest mini dealer is to u
#132 of 159
Re: Clubman and Clubman S lease in No. Cal. [riffster90] by sharmabmw
May 12, 2008 (10:41 pm)
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Replying to: riffster90 (May 12, 2008 6:07 pm)

I wouldn't trust the finance/lease numbers on the miniusa website. It's inherently going to be marked up. Once you learn the base MF, RV, it will allow you to negotiate better. I think you're correct about little haggling at mini dealers. In SoCal, there are definitely msrp-straight dealers. I am unaware of anyone right now going below msrp.
#133 of 159
Re: Clubman and Clubman S lease in No. Cal. [sharmabmw] by blueguydotcom
May 13, 2008 (8:43 am)
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Replying to: sharmabmw (May 12, 2008 10:41 pm)

Exactly what you said.
#134 of 159
Re: Lease Rates in NW [siteexperts1] by Car_man HOST
May 20, 2008 (2:56 am)
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Replying to: siteexperts1 (Apr 26, 2008 10:44 am)

Hi siteexperts1. The current residual value for a 24 month lease of a 2008 Mini Cooper with 12,000 miles per year is a whopping 79%. The residual value for an otherwise identical 36 month lease is 68%. Mini is not currently providing any lease support on any models, so if you want to lease one of these cars through its captive finance company, you will have to use its standard lease money factors. Its standard factors vary by region, but they should be around .00200 to .00250.
 
Car_man
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