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MINI Cooper Lease Questions

309 messages,  Last post on Mar 18, 2010 at 9:42 PM

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

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#300 of 309 2010 Camden package mini by murphy39 Jan 08, 2010 (5:40 pm)
Car Man (or others),   Here is a direct quotation from an area dealer: ran the $25500 Cambden at 36months, $498. 42 months, $477. 48 months, $455. All with current rates, 10k mile lease setups for a DC resident.   Are these the horse poop they appear to be? This is for a 2010 Mini HT (not an S). The dealers numbers are under the assumption that I am putting zero money down, which I have learned from this forum is what I should be shooting for.   Thanks for your help.
#301 of 309 Current Lease figures by m3ormini Jan 11, 2010 (11:01 pm)
Hi Car Man, Can you provide the current money factor and residual rates for a 2010 Mini HT and S? Thank you
#302 of 309 Re: MINI Cooper: Lease Questions [Car_man] by PileofTurdcar Jan 16, 2010 (6:25 pm)
Replying to: Car_man (Nov 19, 2009 4:59 am) Wow Car_man you are definitely knowledgable about the MINI. Perhaps you can help clear something up for me... Is Jeffrey12341 correct that the MINI is not at all reliable? I was thinking exactly what Jeff was that I should lease instead of finance especially since I want a MINI convertible and the motor on the top can go very easily. Typically that's what goes in convertibles in general... what do you think? Pls help.
#303 of 309 Money Factor/Residual for January? by llbean2009 Jan 18, 2010 (11:12 am)
Hi Car_man - Do you happen to have the current money factor and residual for Mini? Thank you! Replies to this message: llbean2009 (Jan 18, 2010 12:03 pm)
#304 of 309 Re: Money Factor/Residual for January? [llbean2009] by llbean2009 Jan 18, 2010 (12:03 pm)
Replying to: llbean2009 (Jan 18, 2010 11:12 am) I should have added it's a Cooper S, 15K miles and I'm in Los Angeles. Thanks!
#305 of 309 BMW FS Credit Standards for Lease Transfer by wab3 Feb 04, 2010 (1:19 pm)
Does BMW Financial Services apply their new-car lease standards and process to lease transfers? I'd like to get a 2nd gen. Cooper S, and for various reasons (one of them being technically poor credit), taking over the last year or two of a lease for a 2008 or 2009 makes sense for me right now.   Shopping the lease-trade websites, the lease payments for such a car would be well within my means. I could afford to put down 6-9 lease payments up front on a lease with 18-24 months remaining on the term. But any financing agency evaluating my credit rating just by the score is going to reject me. Does BMW FS just plug the numbers into a rules 'bot for credit evals or is there a way to get the application reviewed by an approval officer?   In a sane world a lessor about to get stuck with a depreciated lease-return would at least look twice at someone willing to pay a third of the remaining lease up front, but dealing with credit agencies is anything but sane. Replies to this message: kyfdx (Feb 04, 2010 4:51 pm)
#306 of 309 Re: BMW FS Credit Standards for Lease Transfer [wab3] by kyfdx HOST Feb 04, 2010 (4:51 pm)
Replying to: wab3 (Feb 04, 2010 1:19 pm) The person leasing the new car could possibly still get a deal with marginal credit, as the dealership may be going to bat for them, as they have a financial interest in getting the deal done.. It is in BMWFS interest to help the dealers sell new MINIs...   The bank (BMWFS) has no such interest, once the deal is completed. If anything, they will be more stringent on a lease assumption.   regards, kyfdx
#307 of 309 2010 cooper hatchback lease price by eminded26 Mar 15, 2010 (9:55 pm)
Hi there,   Before I go into a dealership and start working into this, is it possible for somebody to tell me what to expect as a lease price on something like this?   2010 Cooper Hatchback - Base w/automatic transmission ($21,000) 10,000 miles per year, 36 month lease term   0-down, all taxes and fees rolled into payment. Just make first month's payment when picking up.   Any ball-park price somebody could give me would help when going in to negotiate on one of these... just so I know what to expect.   Thanks!
#308 of 309 Re: Residuals for 09's v. 10's [murphy39] by hearnia Mar 17, 2010 (6:19 am)
Replying to: murphy39 (Jan 05, 2010 6:09 am) I am shopping around for a Cooper S lease and dealers are telling me the residual is currently 53% for 3 years and 12k miles a year. This seems way lower than most people on this forum were getting last year. Anyone know why? Could this fluctuate in the coming months?
#309 of 309 2010 Mini Lease price questions -- San Francisco, CA by fkerrest Mar 18, 2010 (9:42 pm)
Hello Car Man,   I am looking to lease a 2010 Mini with the specs below. They have given me pricing and I wanted to get your thoughts. This is with 1.9% financing.   Thanks!   SPECS: Model1010 Cooper HTUSD 18,800.00  ColorA67 British Racing Green metallic paint500.00  UpholsteryT6E4 Leather Gravity Tuscan Beige1,500.00  OptionsZAH Anthracite headliner250.00  ZCW Cold Weather Package500.00              313 Power folding mirrorsN/C              314 Heated mirrors and washer jetsN/C              494 Heated front seatsN/C  ZPP Premium Package1,750.00              403 Dual pane panoramic sunroofN/C              534 Automatic climate controlN/C              674 Harman/kardon premium soundN/C  1CA CO2 relevant vehiclesN/C  205 STEPTRONIC automatic transmission1,250.00  2RL 15" alloy wheels, rotator spokeN/C  345 Chrome line interior250.00  383 Roof and mirror caps in blackN/C  473 Center armrestN/C  481 Sport seats250.00  4A6 Interior color Tuscan BeigeN/C  4A7 Color Line Dark GreyN/C  4AA Anthracite headlinerN/C  4AU Extended Decor RingsN/C  4BD Interior surface Piano BlackN/C  6NE Comfort Bluetooth and USB/iPod adapter750.00           Net Total25,800.00           Destination Charge700.00           Gas Guzzler TaxN/C           Total Suggested Price26,500.00 + tax   PRICING:   24 months: 12K miles a year 1078.78 down payment 535.68 + tax monthly       2500 down 475.29+ tax monthly    5000 down 369.04 + tax monthly _____    36 months: 12K miles a year 955.41 down 423.01 + tax monthly    2500 down 378.52 + tax monthly    5000 down 306.51+ tax

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