MINI Cooper Lease Questions

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

#661 of 729 2012 Mini Cooper S Residuals and Money Factor? by swerv23

Aug 22, 2012 (8:42 pm)

I am in the market to buy a 2012 Mini Cooper S that has a lot of bells and whistles.
 
MSRP: $31,000.00
SP: $30,000.00
 
Asking for $4,500.00 down and $400.00/month payment. I think this is ridiculous and way too high. Not sure of the money factor they are using and residual.
 
What is the current money factor and residual for 2012 Mini Cooper S?
 
I have a credit score of 740, but because my company I have worked for has always supplied me with a car I have never bought a car. BMW is considering me a first time buyer. I have perfect credit but no installment loans on my credit. They are putting me as a second tier credit, which is crazy because I have an AMEX card that I use for business and payoff $3,000.00 every month for the past 15 years.
 
Help, please. Do you know how much they jack up the money factor for second tier credit? I have asked the dealer to go back to BMW Financial and show them whatever they need to consider me for first tier credit. I have no black marks on my credit and make plenty of money to qualify.
 
Your thoughts?

#662 of 729 Mini Cooper Coupe Lease Info by dtbest

Aug 26, 2012 (7:05 pm)

Looking for some help finding out the August residual and money factor numbers for a 2013 John Cooper Works 2 seater Mini Coupe in the Albany, New York area.
 
Are the September numbers available?
 
Also, does the trim level (base, S, JCW) have an impact on the residual or MF?
 
Thanks for your help.

#663 of 729 Re: 2012 Mini Cooper S Residuals and Money Factor? [swerv23] by lime679

Sep 07, 2012 (11:12 am)

Replying to: swerv23 (Aug 22, 2012 8:42 pm)
Hi Swerv,
 
While I can't comment on the residual, I can say that the deal they are offering you is a bit off.
 
My S crested the $30K mark and I got out of there with only first payment down, $435 a month for 36 months at 15K miles a year. I did heavy negotiation on the cost though.

#664 of 729 2012 and 2013 Mini Cooper HT Residuals and MF by jjspamcan

Sep 08, 2012 (9:00 pm)

Hi car_man,
  
Can you please tell me the Sept money factor and residual value for a 36-month lease of the 2012 and 2013 Cooper HT with 10,000 miles per year? I assume its the same for the S model?
 
Thank you~

#665 of 729 Re: 2012 and 2013 Mini Cooper HT Residuals and MF [jjspamcan] by Car_man HOST

Sep 16, 2012 (8:02 am)

Replying to: jjspamcan (Sep 08, 2012 9:00 pm)
Absolutely jjspamcan. Mini's September buy rate lease money factor and residual value for a 36-month lease of a 2012 Mini Cooper Hardtop with 10,000 miles per year are .00140 and 67%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a 2012 Mini Cooper Hardtop S are .00140 and 63%.
 
I haven't seen any info on the 2013 models yet.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#666 of 729 residual and MF for 2012 cooper convertible by lala711

Sep 16, 2012 (7:29 pm)

Hi car_man,
 
Can you please post the september residuals and money factors on a 2012 cooper convertible base for a 36 mo. lease, 10k miles/year? I am looking to purchase in the next few days and would appreciate the information during my search. Thanks!

#667 of 729 Re: residual and MF for 2012 cooper convertible [lala711] by Car_man HOST

Sep 20, 2012 (3:22 pm)

Replying to: lala711 (Sep 16, 2012 7:29 pm)
Hi lala711. Mini's September buy rate lease money factor and residual value for a 36-month lease of a 2012 Cooper Convertible Base with 10,000 miles per year are .00140 and 57%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#668 of 729 Re: 2012 and 2013 Mini Cooper HT Residuals and MF [Car_man] by mrfoley

Sep 24, 2012 (12:39 am)

Replying to: Car_man (Sep 16, 2012 8:02 am)
Hi Car Man,
 
Quick question for you, I am looking at a 2013 Mini Cooper HT with Premium Package lease and 12,000 Miles a year. I am trying to find out the Money Factor and Residual percentage offered to someone with 850+ credit rating. (I could also use the Money Factor and Residual for the "S" 2013 version as well)
 
Additionally, can you advise on what the real cost of the above mentioned car (non S) with an MSRP of 23,500? I am trying to find out what a fair price would be to base the leasing negotiation off of and get a car leased this week.
 
Any help would be GREATLY appreciated.
 
Thank you

#669 of 729 September Lease Money Factor and Residuals by mrfoley

Sep 26, 2012 (9:39 am)

Could someone please post the lease money factor and residual for September on the following:
 
2012 Mini Cooper S hatch
2013 Mini Cooper S hatch
 
2012 Mini Cooper S Convertible
2013 Mini Cooper S Convertible
 
Thank you very much.

#670 of 729 Countryman lease by leokiter

Sep 30, 2012 (7:36 am)

Interested in a 2012 countryman S with a few options. Got a quote in Hawaii for $31000. $1000 down, 36 month lease, $504 a month.
Good deal or not?
Thanks
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