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MINI Cooper Lease Questions

156 messages,  Last post on Jul 08, 2008 at 4:30 PM

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

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#16 of 156 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 156 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 156 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 156 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 156 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 156 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 156 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)
#23 of 156 Re: Current money factor [qbrozen] by kyfdx HOST Mar 07, 2006 (8:17 pm)
Replying to: qbrozen (Mar 07, 2006 12:15 pm) I don't have the numbers, but I think the lease payments will surprise you (not in a good way)..   High residuals help.... but, factor in market-level money factors and selling prices at MSRP, and the lease payments aren't anything to write home about..   regards, kyfdx
#24 of 156 Re: Current money factor [qbrozen] by tommyg12 Mar 09, 2006 (7:30 am)
Replying to: qbrozen (Mar 07, 2006 12:15 pm) my thoughts were the same about low payments with high residuals, but seems that's not the case. From a few days of research and dealer quotes, 4 year lease payments with close to $25k msrps, seem to average $415 - $450.   My wife's Solara Convertible lease payments with a $30k selling price, 4 year 0 down, is only $398. I was really hoping that the Mini would be closer to the low-mid $300s. Replies to this message: qbrozen (Mar 09, 2006 11:04 am) Car_man (Mar 21, 2006 4:03 am)
#25 of 156 Re: Current money factor [tommyg12] by qbrozen Mar 09, 2006 (11:04 am)
Replying to: tommyg12 (Mar 09, 2006 7:30 am) interesting.   well, i guess since its a hot car, the money factor is higher than most cars (??) Replies to this message: Car_man (Mar 21, 2006 4:03 am)

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