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MINI Cooper Lease Questions

163 messages,  Last post on Oct 02, 2008 at 5:55 AM

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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#131 of 163
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 163
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 163
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 163
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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Prices Paid: Buying & Leasing Experiences Forum
#135 of 163
Re: clubman s residual and money factor? [ejs0614] by Car_man HOST
May 20, 2008 (3:07 am)
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Replying to: ejs0614 (May 06, 2008 6:51 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
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Prices Paid: Buying & Leasing Experiences Forum
#136 of 163
Re: Lease rates for May 2008 [davezz1] by Car_man HOST
May 20, 2008 (3:15 am)
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Replying to: davezz1 (May 09, 2008 2:29 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
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Prices Paid: Buying & Leasing Experiences Forum
#137 of 163
Re: Lease rates for May 2008 by ejs0614
May 20, 2008 (4:16 am)
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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!
#138 of 163
Re: Clubman and Clubman S lease in No. Cal. [marcz] by feliciatwo
May 20, 2008 (6:08 am)
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Replying to: marcz (May 12, 2008 5:14 pm)

why don't you guys look at the Edmunds Lease / rebate secton....they post the deals as they come available.
I'm waiting till closr t
#139 of 163
Re: Clubman and Clubman S lease in No. Cal. [marcz] by feliciatwo
May 20, 2008 (6:12 am)
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Replying to: marcz (May 12, 2008 5:14 pm)

why don't you guys look at the Edmunds Lease / rebate secton....they post the deals as they come available.
I'm waiting till closer to the 09 models whenever that is.
Christmas eve (or thereabouts) is the BEST time for any negociation ...except that the VW Tiguan (biodiesel) Suv comes out then and I'd rather have a fuel that I can make myself for $1.50 "if i have to". Mini cooper $5.00 Premium fuel makes it a "no go show boat" Cute it's mpg doesn't live up to its premium gas price.
#140 of 163
Re: Clubman and Clubman S lease in No. Cal. [feliciatwo] by blueguydotcom
May 20, 2008 (9:54 am)
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Replying to: feliciatwo (May 20, 2008 6:12 am)

? There's a negligible difference in price between regular and premium fuel. Seriously, do the math on your average miles v. combined MPGs and multiple that by the cost of regular and premium. Odds are good the gap is a lousy $150 a year.
 
The regular v. premium argument is inane at best.

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