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MINI Cooper Lease Questions

287 messages,  Last post on Nov 30, 2009 at 7:31 AM

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

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#21 of 287 press request by kirstie_h HOST Mar 03, 2006 (5:39 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 287 Re: Current money factor [stetsonhatter] by qbrozen Mar 07, 2006 (11:15 am)
Replying to: stetsonhatter (Mar 02, 2006 3:08 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 7:17 pm) tommyg12 (Mar 09, 2006 6:30 am) qbrozen (Mar 09, 2006 10:04 am) Car_man (Mar 21, 2006 3:03 am)
#23 of 287 Re: Current money factor [qbrozen] by kyfdx HOST Mar 07, 2006 (7:17 pm)
Replying to: qbrozen (Mar 07, 2006 11:15 am) 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 287 Re: Current money factor [qbrozen] by tommyg12 Mar 09, 2006 (6:30 am)
Replying to: qbrozen (Mar 07, 2006 11:15 am) 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 10:04 am) Car_man (Mar 21, 2006 3:03 am)
#25 of 287 Re: Current money factor [tommyg12] by qbrozen Mar 09, 2006 (10:04 am)
Replying to: tommyg12 (Mar 09, 2006 6:30 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 3:03 am)
#26 of 287 Re: Current money factor [qbrozen] by Car_man HOST Mar 21, 2006 (3:03 am)
Replying to: qbrozen (Mar 09, 2006 10:04 am) BMW is not currently providing any sort of support on Mini leases. As a result, if one was to lease one through its captive finance company right now, it would have to use the standard money factor. I believe that BMW FS' standard factor varies a little bit depending upon what area of the country one is in, but it is probably around .00300 or a little over in most areas right now.   Car_man Host Smart Shopper / Prices Paid Forums
#27 of 287 Did I get a good deal? by drsez Mar 26, 2006 (7:48 pm)
I just signed a lease for 36 mo. I am paying $525/mo including tax with just paying $1,815 at signing which includes 1st month and doc fees,etc. MSRP is $31,450. Did I get a good deal?
#28 of 287 Current #'s? by cvpacguy Apr 27, 2006 (6:37 pm)
Hey Car_Man, any idea what the current MF and residual value would be on an '06 Mini Cooper for 24mos and 30mos with 15k per year in Southern California? Thanks! Replies to this message: Car_man (Jun 06, 2006 1:47 am)
#29 of 287 Re: Current #'s? [cvpacguy] by Car_man HOST Jun 06, 2006 (1:47 am)
Replying to: cvpacguy (Apr 27, 2006 6:37 pm) Hi cvpacguy. BMW is not currently providing any sort of lease support on the Mini Cooper. As a result, if you were to lease one through its captive finance company right now, you would have to use its standard lease money factor. This number varies by region, but it should be around .00280 or so. The residual value for a 24 month lease of a base 2006 Cooper with 15,000 miles per year is currently 72%. The residual for an otherwise identical 30 month lease should be 67%.   Car_man Host Smart Shopper / Prices Paid Forums
#30 of 287 I think the deal was fair... wondering by mattinla Jun 10, 2006 (6:31 pm)
Just leased a 2003 Mini S - all options but the Nav. Negotiated price was $18000. I looked at the leasing work sheet, and it looks like net cap cost after our cash down and trade was $16,600.   I remember the money factor being .00385. Base lease was $235, with tax $248 for 48 mos/10K miles (I really don't drive more than that, so it's OK). I've plugged into the leasing calculators, and it seems like it was am OK deal.. and the money factor seems OK for a used car... any comments?   Thanks

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