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MINI Cooper Lease Questions

729 messages,  Last post on May 19, 2013 at 9:02 PM

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

Messages Page 36 of 74

#346 of 729 2011 Mini-S Lease Rates by sturner6

Sep 11, 2010 (8:35 pm)

Car Man, You seem to be the resident Guru when it comes to Lease rates. Can you possibly tell me the money factor for the 2011 Mini Cooper-S on a 36 month/12k miles per yr lease? Or if it's just too early to know, do you think the MF apparent in the quote below is reasonable or not?
 
Dealer confirmed that residual was 62% but reverse-engineering the quote I got gives me a Money Factor at 0.002083 which seems pretty high (5%) even for a new model year.
 
Here are the stats:
MSRP = $26250
Sale Price = $25200
==================== 36 month lease w/ 12k miles per year
Acquisition Fee = $925
Base Payment = $375.86
Tax = $22.55
TTL Monthly Payment = $398.41
RESIDUAL = $16399 = 62%
 

#347 of 729 Re: cooper s [hooch7] by Car_man HOST

Sep 27, 2010 (3:49 am)

Replying to: hooch7 (Aug 12, 2010 7:49 am)
You're very welcome, hooch7. Mini's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mini Cooper Clubman S with 15,000 miles per year are .00190 and 55%, respectively for consumers who qualify for its top credit tiers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#348 of 729 Re: cooper s [pjsage] by Car_man HOST

Sep 27, 2010 (3:53 am)

Replying to: pjsage (Sep 02, 2010 1:44 pm)
Hi pjsage. You are correct, Mini will waive its acquisition fee requirement in exchange for an increase of .00035 in the money factor that is used to calculate a vehicle's monthly payment.
 
According to the latest information that I have seen, Mini's September buy rate lease money factor for the 2010 Cooper S is .00190 for consumers who qualify for its top credit tiers. This factor is with the payment of the acquisition fee at lease signing.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#349 of 729 Re: 2011 Mini-S Lease Rates [sturner6] by Car_man HOST

Sep 27, 2010 (3:58 am)

Replying to: sturner6 (Sep 11, 2010 8:35 pm)
I'd be happy to help you out, sturner6.
 
According to the latest information that I have seen, Mini's September buy rate lease money factor and residual value for a 36 month lease of a 2011 Mini Cooper S with 12,000 miles per year are .00230 and 57%, respectively for consumers who qualify for its top credit tiers.
 
Mini isn't providing any support on 2011 models yet. .00230 really isn't that bad for a standard money factor. I've definitely seen much worse.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#350 of 729 2010 Mini-S MF/residual by lazieepetey

Sep 30, 2010 (1:41 pm)

Hi Car_man, you are the man here, so I must ask you!
i've seen rates for 2011 coopers floating around, but not very clear on the 2010 remaining stock. Could you help me with the rates for cooper S 15k/36m? seems like paying the acquisition will drop the MF down, so I don't mind pay that.
 
Thanks in advance!

#351 of 729 Leasing/Money Factor Rates by minibibi

Oct 02, 2010 (6:07 am)

Hi...I'm in the market for a 2010 Mini Cooper Convertible and am working with two dealers and neither is too keen on providing me with too much information. I know I qualify for the BMW Financial’s Elite status.
 
I need to know the residual and money factor on two different cars: the 2010 Mini Cooper Convertible base model and also a 2010 Mini Cooper S Convertible that is an executive demo. I have been unable to find the money factor for October, but I’ll settle for September number in order to have an idea of what I’m looking at.
Any help would be greatly appreciated!

#352 of 729 Re: Leasing/Money Factor Rates [minibibi] by minibibi

Oct 02, 2010 (6:08 am)

Replying to: minibibi (Oct 02, 2010 6:07 am)
Also, forgot to mention...12K/36months

#353 of 729 Decent Lease Deal in NY? by podpro

Oct 02, 2010 (7:07 pm)

MINI Cooper (base model hardtop)
$800 out of pocket
$340 a month
36 months
10k a year
Automatic
Moonroof
Automatic Climate Control
Suggested price = $23,850
 
I was shocked at how much money the "S" model and/or convertible was here in NY. Any feedback on the deal above would be appreciated.
 
The one thing I don't like about the base model is the 15" tire and rims. I was told that these can't be swapped out. Sounds weird, no?
 
Also, will I notice a BIG difference between the drive of an "S" and the base model? Is it simply better acceleration and top speed?I drove the base model and was a bit underwhelmed.

#354 of 729 Re: Decent Lease Deal in NY? [podpro] by merckx

Oct 03, 2010 (6:06 pm)

Replying to: podpro (Oct 02, 2010 7:07 pm)
Power is very subjective.For me, even though I am a salesman at a MINi dealer and am around them every day, I actually prefer the base Cooper(manual shift). I don't find it the least bit pokey; moreover, I find the turbo whistle on the S a little tedious. But, as I said, power is very subjective.
And avoiding run-flats by specing the 15" wheels is very appealing to me.

#355 of 729 Re: Decent Lease Deal in NY? [merckx] by podpro

Oct 03, 2010 (6:41 pm)

Replying to: merckx (Oct 03, 2010 6:06 pm)
Can you elaborate on what you mean by "And avoiding run-flats by specing the 15" wheels is very appealing to me."?
 
The 15" tires have me worried that I'll feel every little bump in the road...

Messages Page 36 of 74

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