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MINI Cooper Lease Questions

170 messages,  Last post on Nov 19, 2008 at 4:32 AM

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

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#128 of 170 Finance Options by riffster90 May 08, 2008 (7:43 am)
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 170 Lease rates for May 2008 by davezz1 May 09, 2008 (1:29 pm)
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 Replies to this message: Car_man (May 20, 2008 2:15 am)
#130 of 170 Clubman and Clubman S lease in No. Cal. by marcz May 12, 2008 (4:14 pm)
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! Replies to this message: riffster90 (May 12, 2008 5:07 pm) sharmabmw (May 12, 2008 9:41 pm) blueguydotcom (May 13, 2008 7:43 am) feliciatwo (May 20, 2008 5:08 am) feliciatwo (May 20, 2008 5:12 am) blueguydotcom (May 20, 2008 8:54 am) waterflame (May 23, 2008 4:11 am)
#131 of 170 Re: Clubman and Clubman S lease in No. Cal. [marcz] by riffster90 May 12, 2008 (5:07 pm)
Replying to: marcz (May 12, 2008 4:14 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 Replies to this message: sharmabmw (May 12, 2008 9:41 pm) blueguydotcom (May 13, 2008 7:43 am)
#132 of 170 Re: Clubman and Clubman S lease in No. Cal. [riffster90] by sharmabmw May 12, 2008 (9:41 pm)
Replying to: riffster90 (May 12, 2008 5:07 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. Replies to this message: blueguydotcom (May 13, 2008 7:43 am)
#133 of 170 Re: Clubman and Clubman S lease in No. Cal. [sharmabmw] by blueguydotcom May 13, 2008 (7:43 am)
Replying to: sharmabmw (May 12, 2008 9:41 pm) Exactly what you said.
#134 of 170 Re: Lease Rates in NW [siteexperts1] by Car_man HOST May 20, 2008 (1:56 am)
Replying to: siteexperts1 (Apr 26, 2008 9:44 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 Host Prices Paid: Buying & Leasing Experiences Forum
#135 of 170 Re: clubman s residual and money factor? [ejs0614] by Car_man HOST May 20, 2008 (2:07 am)
Replying to: ejs0614 (May 06, 2008 5:51 am) Hello ejs0614. The current residual value for a 24 month lease of a 2008 Mini Cooper Clubman S with 15,000 miles per year is a 73%. If you were to lease one with only 12,000 miles per year, its residual value would be 2% higher than that. 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 Host Prices Paid: Buying & Leasing Experiences Forum
#136 of 170 Re: Lease rates for May 2008 [davezz1] by Car_man HOST May 20, 2008 (2:15 am)
Replying to: davezz1 (May 09, 2008 1:29 pm) Hi Mani. The current residual value for a 36 month lease of a 2008 Mini Cooper S with 12,000 miles per year is 63%. The residual value for an otherwise identical 48 month lease is 52%. 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 Host Prices Paid: Buying & Leasing Experiences Forum
#137 of 170 Re: Lease rates for May 2008 by ejs0614 May 20, 2008 (3:16 am)
Much appreciated Car_man!   I ended up purchasing - with these residuals, it is hard not to feel good about resale value - especially given their track record so far...Much appreciated for all the good info shared here by all.   Thank you! Replies to this message: Car_man (Jun 12, 2008 1:51 am)

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