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MINI Cooper Lease Questions
731 messages, Last post on May 23, 2013 at 4:34 PM
You are in the Prices Paid - Buying & Leasing Experiences Forum.What is this discussion about? MINI Cooper, MINI Cooper Countryman, Car Leasing, Coupe, Convertible, Hatchback, SUV
#470 of 731 Re: Lease Rates May 2011 [bmwi6] by Car_man HOST
May 12, 2011 (5:22 pm)
Replying to: bmwi6 (May 04, 2011 6:35 am)
Hi bmwi6. Mini's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Cooper Hardtop with 15,000 miles per year are 00170 and 65%, respectively. The numbers for an otherwise identical lease of an '11 Cooper S Hardtop are .00180 and 57%.
The numbers for an otherwise identical lease of a John Cooper Works Hardtop are .00185 and 48%.
Car_man
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#471 of 731 Re: 2011 Mini Countryman(s) [bbkg79] by Car_man HOST
May 12, 2011 (5:27 pm)
Replying to: bbkg79 (May 05, 2011 7:19 am)
Greetings bbkg79. Mini is not currently providing any lease support on the Countryman, which as I understand is selling very well. As a result, if you were to lease one through Mini's captive finance company, you would have to use its standard lease money factor. I believe that this number varies by region, but it should be between .00185 and .00200. Mini's current residual value for a 36 month lease of a 2011 Countryman with 15,000 miles per year is 60%.
The residual for an otherwise identical lease of an '11 Countryman S is 58%.
Car_man
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#472 of 731 Re: Lease Rates May 2011 [caribbeanblue] by Car_man HOST
May 12, 2011 (5:32 pm)
Replying to: caribbeanblue (May 05, 2011 3:20 pm)
Caribbeanblue, Mini's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Mini Cooper S Hardtop with 12,000 miles per year are .00180 and 59%, respectively for consumers who qualify for its top credit tier. Car_man
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#473 of 731 Re: 2011 Countryman Lease Rates [jaylib] by Car_man HOST
May 12, 2011 (5:35 pm)
Replying to: jaylib (May 09, 2011 9:28 pm)
Hi jaylib. Mini is not currently providing any lease support on the Countryman, which as I understand is selling very well. As a result, if you were to lease one through Mini's captive finance company, you would have to use its standard lease money factor. I believe that this number varies by region, but it should be between .00185 and .00200. Mini's current residual value for a 36 month lease of a 2011 Countryman S with 12,000 miles per year is 60%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#474 of 731 Re: 2011 Cooper Hardtop Lease rates for May [azkals911] by Car_man HOST
May 12, 2011 (5:39 pm)
Replying to: azkals911 (May 12, 2011 11:38 am)
Here's the information that you're looking for, azkals911. Mini's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Mini Cooper Hardtop with 15,000 miles per year are .00170 and 65%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#475 of 731 Lease Rates for June 2011 Mini Cooper Hardtop by jquilty
Jun 13, 2011 (4:21 am)
Hi Car_Man,I'm looking for the June 2011lease rates on a Mini Hardtop, 3 years 12k and 15k.
Thanks
- Car_man (Jun 15, 2011 5:51 pm)
Replies to this message:
#476 of 731 Re: Lease Rates for June 2011 Mini Cooper Hardtop [jquilty] by Car_man HOST
Jun 15, 2011 (5:51 pm)
Replying to: jquilty (Jun 13, 2011 4:21 am)
Here's the information that you're looking for, jquilty. Mini's June buy rate lease money factor and residual value for a 36 month lease of a 2011 Mini Cooper Hardtop with 15,000 miles per year are .00170 and 65%, respectively for consumers who qualify for its top credit tier. The residual value for a lease with only 12,000 miles per year is 2% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#477 of 731 Just Finalized 2011 Mini Hardtop Lease by jquilty
Jun 22, 2011 (2:21 pm)
Just completed lease on 2011 Mini Hardtop w auto, premium package , bluetooth and center armrest.$280.02/ 36 mo/ 12KPY/ $23850- MSRP
Out of pocket:
1st payment $280.02
Sec deposit 300.00
Dealer doc fee 249.00
On line reg fee 7.50
Tire tax 7.50
Bank fee 725.00
Reg fee 252.50 (3 years)
Money down 1000.00
Tax on money down 70.00
_______
Total $2891.52
Money factor .0017
Residual $15979.50 (67%)
We bought in Monmouth County, NJ. Needed the car in a specific color and within a week of our first visit to dealer. In order to get the color we had to take a car with more options than we would have wanted. They found it in Georgia and it's arriving tomorrow (2 days late, but still pretty good). Dealer was helpful, but made it clear as soon as I tried to negotiate, that they aren't willing to deal at all on price due to low inventory and high demand (especially automatics). Thank you Car_man for the leasing rates. They helped me shave almost $20/month off the original monthly cost they quoted.
- carsearch16 (Jun 23, 2011 7:45 am)
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#478 of 731 Re: Just Finalized 2011 Mini Hardtop Lease [jquilty] by carsearch16
Jun 23, 2011 (7:45 am)
Replying to: jquilty (Jun 22, 2011 2:21 pm)
Is the bank fee standard? I talked to one dealer who quoted the $725 and another who quoted $925? Also - did they charge you for shipping the car from Georgia? I have a dealer trying to charge me for that....
- kyfdx (Jun 23, 2011 2:20 pm)
Replies to this message:
#479 of 731 Re: Just Finalized 2011 Mini Hardtop Lease [carsearch16] by kyfdx HOST
Jun 23, 2011 (2:20 pm)
Replying to: carsearch16 (Jun 23, 2011 7:45 am)
$725 is the base fee... BMWFS allows dealers to mark it up by $200 (Dealer keeps 70%, BMWFS gets the rest..)
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