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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

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


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#165 of 282
Mini Residuals by carinsider
Nov 05, 2008 (1:48 pm)
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Does anyone know the current residual values and captive finance money factors for 2008 and 2008 model year minis for 24 and 36 months, at 12K mi per year?
 
Thanks.
#166 of 282
Out Looking Today by scottypalmer
Nov 08, 2008 (12:22 pm)
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I am in Los Angeles, CA. Which mini dealer do people here suggest? My girlfriend is interested in pretty much the base model (though w/ auto). Anyone out there got recent lease terms (cap cost, residual, etc) for 12,000 (and 15,000) for 36 months?
 
She is also a recent graduate? Anyone here take advantage of the new graduate program?
#167 of 282
2008 Lease vs. 2009 Lease Cooper by scottypalmer
Nov 08, 2008 (9:38 pm)
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went to a dealership in so. cal. this afternoon, and was quoted the following:
 
2008 Cooper MSRP $19,500 FIRM
36 months
15K/ year
$1,600 down (out the door costs)
64% residual
money factor of .0049 (credit score right under 600)
 
Monthly Payment "high 300s" he said.
 
This is for a 2008. How does this sound? Any room to negotiate here?
#168 of 282
Money Factor currently by justgiuls
Nov 12, 2008 (2:25 pm)
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Hi all, i was wondering if anyone could tell me what they are offering money factor wise if you have excellent credit? Thanks
#169 of 282
Re: Mini Residuals [carinsider] by Car_man HOST
Nov 19, 2008 (4:30 am)
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Replying to: carinsider (Nov 05, 2008 1:48 pm)

Hi carinsider. BMW's current residual value for a 24 month lease of a 2009 base Mini Cooper with 12,000 miles per year is 80%. The number for an otherwise identical 36 month lease is 70%. For otherwise identical leases of an '08 model, the residuals are 75% and 66%.
 
BMW is not currently providing any lease support on Minis. As a result, if you were to lease one through its captive finance company, you would have to use its standard lease money factor, which varies by region. It is probably around .00250 or so, give or rake a few .00010 in your area right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#170 of 282
Re: Money Factor currently [justgiuls] by Car_man HOST
Nov 19, 2008 (4:32 am)
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Replying to: justgiuls (Nov 12, 2008 2:25 pm)

Hi justgiuls. See my previous post for the information that you are looking for. Thanks.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#171 of 282
Re: Money Factor currently [justgiuls] by bajeje
Nov 23, 2008 (7:56 pm)
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Replying to: justgiuls (Nov 12, 2008 2:25 pm)

i was able to get an MF of .00195 (credit rating 864)
#172 of 282
2009 Mini Cooper S by jbar07
Nov 25, 2008 (7:50 pm)
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Car_Man, do you know of the lease rates for november on a 2009 mini cooper s hardtop? thanks in advance.
#173 of 282
Re: 2009 Mini Cooper S [jbar07] by Car_man HOST
Dec 09, 2008 (6:12 pm)
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Replying to: jbar07 (Nov 25, 2008 7:50 pm)

Hi jbar07. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
Mini's current 36 month, 15k residual value for a 2009 Cooper S Hardtop is 67%. This car's money factors vary by region. In most areas they should be anywhere from .00200 to .00250.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#174 of 282
Re: 2009 Mini Cooper S [Car_man] by leroybrown72
Dec 26, 2008 (11:32 am)
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Replying to: Car_man (Dec 09, 2008 6:12 pm)

Hello Car_man,
 
Just wanted to see if I could procure some hard figures from you. Hopefully I get all the info right:
2009 Mini Cooper ( Non-S model ) Automatic Hatchback
36 months, 12k miles per year
 
I think that's all you need for residual / money factor? Hope I didn't leave anything out. Also, the MSRP on one I configured online is $24,800.
 
Thanks!
 
Rob

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