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Prices Paid: Buying & Leasing Experiences MINI Cooper Lease Questions
287 messages, Last post on Nov 30, 2009 at 7:31 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I'm looking to lease a 2009 mini cooper 2Dr hatchback (not s or clubman). I'm totally new to leasing a new car so please educate me in how I can come up with a competitive price. I'm from Atlanta, and taxes are 7%. Is there any other information that one would need to know before helping me determine a price. I think MSRP is 19200 with destination and handling. I plan on doing a 36 month lease and 10k/ year. Thanks.
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Replying to: sharkie21 (Aug 13, 2009 1:35 pm)
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Replying to: sharkie21 (Aug 13, 2009 4:34 pm) 21700 MSRP 19595 invoice 36 month lease, 10k / year = 70% residual factor money factor of 0.0023 750 dealer incentive 725 aquistion fee adjusted cap = 21170 (19595 + 750 + 725) residual value = 15190 (21700 * 0.70) Total monthly payment before tax: 249.74 [(21170 + 15190) * 0.0023] + [(21170 - 15190)/36] 7% tax: 17.48 Total: 267.22 Am I doing this right? Is this a fair price to ask a dealer 267.22 / month 0 down? Thanks in advanced for your help! |
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What is the current money factor and residual for a lease on a 2009 MINI Cooper S, for 12K and 15K miles per year? Thanks in advance.
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hey guys my mom leased a cooper 06 and it has about 11k miles on it. the lease was up and she decided to purchase the car now the ac is messed up. The bill of sale that she signed unfortunately says the car has been sold "as is". Doesnt the car have to be covered anyway under the original 3yr 36k mile warranty or is she screwed? thanks
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Replying to: bgates222 (Aug 15, 2009 9:46 pm) |
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Hi there, Am interested in leasing the mini hardtop , with all the add ons I want, the MSRP is about $22,000. Went to one dealership and they wanted about $3500 at sign and about $260 a month for 36 months and 12,000 miles a year. From what I read here, this is a very bad deal. Could you please let me know, with as much info possible, 1) what would be a good deal, 2) what should be the total down payment (bank fees act..) and the monthly charge? Can I get lower than the $249 add? 3) I was told (by the agent) that with Mini you cannot negotiate the price, they use the MSRP. 4) Please be kind and give me as much information as possible, since I do not have any prior knowledge about leasing. Thanks much!
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I dread talking to the finance person and still thinking I'm just going to suck it up and buy so I'm not caught at the end of the lease. But I want to be prepared; anyone have current money factor and residual values? I'm going to call there today and see if I can at least get the going purchase interest rates.
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Replying to: minooka (Aug 22, 2009 7:33 am) |
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Replying to: texgas (Aug 15, 2009 2:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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