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MINI Cooper Lease Questions

282 messages, Last post on Nov 05, 2009 at 2:24 PM
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yesterday i stopped in there and they were telling me on on the clubman - which they were all out of btw - they were seeing no money down leases in the $600 range! that is crazy for a car w/ such high residuals and relatively low price. so they are definitely messing around with the money factor...oh and the $3000 markup hurts too! people are buying them, so i guess they can do what they want. Question: will leasing through a service like leasecompare or carsdirect eliminate the markup that most dealers are charging?
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Replying to: umpalumpa (Jun 01, 2008 8:19 am) |
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Is there anyway to get the dealer to lower the money factor? Does credit score have anything to do with it? How can I confirm the expected value the the end of a leaseterm?
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Replying to: rojasam56 (Jun 10, 2008 1:54 pm) |
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Replying to: ejs0614 (May 20, 2008 3:16 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: polyvw (May 27, 2008 6:12 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I am getting ready to trade in a my car for a 2008 Mini. I was thinking of leasing as I keep buying and never, ever pay off the car before I trade it in. They told me of the Mini Financial program of Owner's Choice. Anyone? Any input? Lease? Any thoughts? Thanks.
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Replying to: coasterguy (Jun 12, 2008 6:14 pm) Check Leasecompare for better lease rates than BMWFS offers. BMW does little to prop up the mini with leasing as it's such a cash cow. This is the exact opposite of leasing a BMW 3 series which gets tons of support from BMW. |
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Replying to: Car_man (Apr 25, 2008 1:17 am) Just receied a quote from Midwestern Auto Group in Columbus Oh on 2 and 3 year leases with 76% and 66% residuals respectively (10,000 mi/yr). Also the quote included a money factor of .00359 which seemed a little high. Payments were 348 and 359/mo with 3k down. Do you know what BMW's money factors are right now? Thanks, gman71 |
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I went to MINI dealership in Mountain View of CA in February. We ordered a new MINI, base model/auto transmission, with a lease contract, 12k miles/year, 3 years. I choose to put down about 24XX so the monthly payment is about 260.xx. I lease it for my wife and she loves the car. These days we drive this car a lot because it is really a gas saver, 34 mpg with 70% highway. I think this is a good deal because February economy was soft and gas price was so as high as today yet. I believe these days people have to pay more to get a MINI out of the door because there are so much demand for small cars. And cost of steel and paint are going up rapidly. Inflation is here apparently.
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