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Prices Paid: Buying & Leasing Experiences MINI Cooper Lease Questions
282 messages, Last post on Nov 05, 2009 at 2:24 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: chengh (Jun 25, 2008 9:27 pm) Did you pay the acquisition fee separately? Dealer/doc fees? License and title? |
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Looking to lease an '08 Chili red S Coupe - 24 months, 12K miles/yr WA Dealer selling at MSRP - $25,350 (Incl Cold Weather & Convenience Pkgs, DSC, Xenon, speaker upgrade, 6spd) + Dealer Prep $595 + Addl Cap Cost (lease origination fee?) $825 So Adj Cap cost = $26,770 MF = 0.00250 Residual = 75% Tax = 9.1% Monthly Payment = $477.50 So up front payment = $1,164.25 ($477.50 1st month pmt + 500 security + $136.75 DMV + $50 Doc fee) What do you think? Good Deal? Anything I could negotiate? Thx! |
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Replying to: nwminicruzer (Jul 01, 2008 3:27 pm) MF = 0.00295 Residual = 78% nets me a slightly lower monthly payment at ~ $468 Everything else is unchanged! Can't wait for my car 
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Replying to: nwminicruzer (Jul 08, 2008 3:30 pm) Don't know if you have family who are members of NFCU but you can get a far better lease rate through them. They offer a 4.4% (0.00183) for 36 month, 45k leases - you can probably get better residuals from them for your 24k mile lease. They charge an origination fee of 2% of the msrp added to the sale price as the lease initiation fee. I believe on a 45k/3 year Cooper S they told me the residual is 68%. I did it up on leaseguide.com for NFCU's number on a 3 year 45k mile lease for a Cooper S: MSRP: 25350 Origination fee 2%: 507 Mf: 0.00183 Tax 9.1% (egad!) 64% residual (aimed low but I think they said 68%) Monthly payment: $382 Gap insurance included So if you have family in Navy Federal Credit Union (NFCU) - brother, mother, uncle, roommate, wife's family, etc - you can join NFCU. It's worth it.
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Replying to: blueguydotcom (Jul 11, 2008 6:49 pm) 
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A newswire reporter would like to speak with owners of the Mini Cooper. If you are an owner, please respond to ctalati edmunds.com with your daytime contact information no later than Friday, July 18th.
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ok ive not come across this before My mother leased a mini cooper in 2006 for 2 years and 24k miles now its time to turn the car back in and to my dismay she has 6k miles on the car and they want around 18k for the car if she wanted to buy it. It seems to make more sense to buy the car and either keep it or sell it on our own because with that kind of milege wouldnt they make a killing on it? Or can we use it to get into another brand new car ? thtnks in advnace
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Replying to: bgates222 (Sep 16, 2008 10:08 am) If you want the true trade-in value, try posting the details on The Real-World Trade-in Values board.
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Replying to: qbrozen (Sep 16, 2008 1:23 pm) |
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Car_Man - I know they probably aren't out for a few more days, but could you please post the 2009 MCS Lease Rates for October, 2008 when they are released? I've worked up a lease proposal based on the only numbers I could find (I think these are Aug-08 numbers for the last 2008 models): 09 MCS, 36 mo, 36K mi Base MF: 0.00219 Residual: 64% (62% 15K/yr + 2% for 12K/yr) Base Acq Fee: $625.00 It would be great to know if these have changed for the 09 model (residual higher?) before I present it to my dealer. Thank you! Jon |
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