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MINI Cooper Lease Questions

286 messages,  Last post on Nov 19, 2009 at 7:48 AM

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

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#167 of 286 2008 Lease vs. 2009 Lease Cooper by scottypalmer Nov 08, 2008 (9:38 pm)
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 286 Money Factor currently by justgiuls Nov 12, 2008 (2:25 pm)
Hi all, i was wondering if anyone could tell me what they are offering money factor wise if you have excellent credit? Thanks Replies to this message: Car_man (Nov 19, 2008 4:32 am) bajeje (Nov 23, 2008 7:56 pm)
#169 of 286 Re: Mini Residuals [carinsider] by Car_man HOST Nov 19, 2008 (4:30 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#170 of 286 Re: Money Factor currently [justgiuls] by Car_man HOST Nov 19, 2008 (4:32 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#171 of 286 Re: Money Factor currently [justgiuls] by bajeje Nov 23, 2008 (7:56 pm)
Replying to: justgiuls (Nov 12, 2008 2:25 pm) i was able to get an MF of .00195 (credit rating 864)
#172 of 286 2009 Mini Cooper S by jbar07 Nov 25, 2008 (7:50 pm)
Car_Man, do you know of the lease rates for november on a 2009 mini cooper s hardtop? thanks in advance. Replies to this message: Car_man (Dec 09, 2008 6:12 pm) leroybrown72 (Dec 26, 2008 11:32 am) leroybrown72 (Dec 26, 2008 12:00 pm) Car_man (Dec 28, 2008 8:02 am)
#173 of 286 Re: 2009 Mini Cooper S [jbar07] by Car_man HOST Dec 09, 2008 (6:12 pm)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: leroybrown72 (Dec 26, 2008 11:32 am) leroybrown72 (Dec 26, 2008 12:00 pm) Car_man (Dec 28, 2008 8:02 am)
#174 of 286 Re: 2009 Mini Cooper S [Car_man] by leroybrown72 Dec 26, 2008 (11:32 am)
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 Replies to this message: leroybrown72 (Dec 26, 2008 12:00 pm) Car_man (Dec 28, 2008 8:02 am)
#175 of 286 Re: 2009 Mini Cooper S [leroybrown72] by leroybrown72 Dec 26, 2008 (12:00 pm)
Replying to: leroybrown72 (Dec 26, 2008 11:32 am) Of course I forgot something - I'm in San Antonio, TX.
#176 of 286 Re: 2009 Mini Cooper S [leroybrown72] by Car_man HOST Dec 28, 2008 (8:02 am)
Replying to: leroybrown72 (Dec 26, 2008 11:32 am) Hi leroybrown72. BMW's current 36 month, 12,000 mile per year residual value for a base 2009 Mini Cooper Hatchback is 70%. Its money factor varies by region. I have not seen its exact buy rate for your area, but it is probably around .00200 to .00250.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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