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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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Replying to: Car_man (Sep 21, 2009 2:24 am) Btw do you have access to new prices/packages/options for 2010? and When cars will be in show rooms?
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Replying to: Car_man (Sep 21, 2009 2:24 am)
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Car man, Question: What is the base residual and MF for a 2010 Cooper S at 10K miles/yer? Also, are there any options that would boost that residual (for example quattro audi A4s have higher residual %s than non quattros)? I.E. what is the ideal optioned 2010 Cooper S for lease purposes? Is the MF ever affected by the options on the car? THANKS IN ADVANCE
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Replying to: criticald (Sep 24, 2009 10:01 am) Major trim lines... such as base, "S", convertible, Clubman have different programs, but if you are getting a MINI Coupe "S" model, the residuals and money factor only vary by term and mileage allowance. (You'll have to wait for Car_man for the actual MF/residual numbers) regards, kyfdx Host-Prices Paid Forums |
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Just got an offer for a 2009 Black Mini Cooper Hardtop with auto transmission, $3000 total down with monthly payments of $298 + tax based on a 36 month , 10,000 miles per year traditional lease. Is that offer good? Or could it be better?
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I dont think thats a very good deal at all. Right on the Mini website for a 2009 Cooper Hardtop they are running a $259/mo lease for 36 months + tax. And thats 12,000 miles per year, and the car has auto transmission plus one package (premium, convience etc). Plus the down payment is just $1500 lol. They are really trying to rip you off on that one, and with that much better deal right on the Mini website its pretty ballsy. Unless the car has more options/packages than you mentioned that are raising the MSRP? We'd need to know the exact car but for just a base Mini hardtop with just auto transmission its a bad deal. |
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Can anyone tell me if this is a bad deal or not? I'm a first timer here, so very unsure! Offer is for a 2009 Mini Cooper Automatic Transmission, with premium package, blue tooth, bucket seats, racing stripes, silver metallic paint. Offer: $389.69/month, $1200 down (includes 1st month payment). What do you think I should be paying? Thank you so much for helping a first-time leasee!
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Use this lease calculator: http://www.leaseguide.com/calc.htm If you read above you should be able to find out the money factor (interest rate) on the lease you want. Then you'll have all the info you need to see what your payment should be. You can also check the invoice price of a mini with the options you want, and see how much the lease would be if they sold it to you AT INVOICE. Then I'd use invoice plus maybe $500 as a starting point for negotiating and possibly work your way up to $1000 above invoice as the end number. Remember taxes are added on a per-month basis with a lease. Car_man, any chance for the residual and money factor for a 2009/2010 Cooper Hardtop for 12 and 15k miles/yr? Pleeeeeeeease
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Replying to: Car_man (Sep 21, 2009 2:24 am) We have decided to step up to Cooper S 2010 to be ordered for End of December. Could u please verify that lease rates fir 2010 S are same as you quoted or diff? Possibly October rates will apply. |
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