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MINI Cooper: Lease Questions

287 messages,  Last post on Nov 30, 2009 at 7:31 AM

You are in the MINI Cooper Forum. Your Host is pf_flyer

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


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#277 of 287
Re: Good Deal on MINI in California? [wizzledizzle] by Car_man HOST
Oct 12, 2009 (1:50 am)
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Replying to: wizzledizzle (Sep 28, 2009 3:34 pm)

Welcome wizzledizzle. I find that the best way to tell if a lease is a good deal is to look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a discount the dealer is giving you and in turn whether there is likely any room left to negotiate. Let us know what this car's selling price is and I'm sure that either myself or another helpful community member will be happy to let you know what they think,
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#278 of 287
Re: Wizzled [jnook1] by Car_man HOST
Oct 12, 2009 (1:57 am)
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Replying to: jnook1 (Sep 30, 2009 10:22 am)

Hey jnook1. Please see my answer to your question in post #274. Thanks.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#279 of 287
Cooper Clubman by sevenfeet0
Oct 13, 2009 (9:27 am)
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Are there any specific programs right now for the Clubman? The normal Cooper is too small for my family (I'm 6'11") and we need to fit kids in the rear seat. Are any of the lease numbers any different than what you've been posting over the last week? And are there any different tax outcomes onn buy versus lease?
#280 of 287
Re: Cooper Clubman [sevenfeet0] by Car_man HOST
Oct 28, 2009 (2:49 am)
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Replying to: sevenfeet0 (Oct 13, 2009 9:27 am)

Hi sevenfeet0. I didn't like the Clubman at first, but it has really grown on me to the point that I think that it's cool now. Holy Toledo, I just noticed that you said that you're nearly seven feet tall. Have you tried sitting in a Clubman? I haven't driven the Club, but I have driven a normal Mini Cooper and I don't see how you would be able to fit comfortably in one.
 
Anyhow, here's the information that you're looking for. Mini's October buy rate lease money factor and residual value for a 36 month lease of a base 2010 Cooper Clubman with 15,000 miles per year are .00225 and 61%, respectively. The numbers for an otherwise identical lease of a 2009 model are .00210 and 61%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#281 of 287
Re: MINI Cooper: Lease Questions [Car_man] by jeffrey12341
Nov 03, 2009 (8:25 pm)
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Replying to: Car_man (Aug 31, 2005 4:01 pm)

Hey car man. Would you agree that it is smarter to lease a mini rather than buy because of its crappy reliabilty. If you see that the car is gonna give you alot of problems in the next three years than turn it in. If it is doing well than buy it rather than buying it and regreting it later. If something goes wrong with the car while its lease, does the dealer have to fix it free of charge? I saw in a sample contract from leaseguide.com that if anything goes wrong with the car than the owner is responsible for it. I thought the point of leasing is to not worry about repair charges while you own it? Also, is it a good deal to get to lease a 10 mini s for total lease payment of $10,840 in new jersey? Thank You.
#282 of 287
2010 Cooper S mf and res? by joesao
Nov 05, 2009 (2:24 pm)
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Hi Car_man, I would appreciate your help with the residual and money factor for a 2010 Cooper S w/ 10k mile lease. I saw that you replied twice to this question before but the numbers you gave were different.
 
To criticald you replied: .00225 and 61%, respectively.
To zoran you replied: .00205 and 63%, respectively
 
What are the latest numbers?
 
Thanks for your help!
#283 of 287
Re: MINI Cooper: Lease Questions [jeffrey12341] by Car_man HOST
Nov 19, 2009 (3:59 am)
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Replying to: jeffrey12341 (Nov 03, 2009 8:25 pm)

Hi jeffrey12341. If you are really concerned about the reliability of the Mini that you are interested in getting then it definitely wouldn't hurt to lease. By doing so, assuming that you go with a 36-month lease, you will be covered by the manufacturer's warranty for the duration of your obligation to the car.
 
Minis actually lease fairly well, they have reasonable money factors and very strong residual values. I would be happy to work up a sample lease payment on the exact car that you are interested in for you if you provide me with its full MSRP and approximate selling price, or at least its MSRP and invoice price. You can find this pricing data over in the New Vehicle Pricing section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#284 of 287
Re: 2010 Cooper S mf and res? [joesao] by Car_man HOST
Nov 19, 2009 (4:01 am)
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Replying to: joesao (Nov 05, 2009 2:24 pm)

Hi joesao. Here's the latest info for you. Mini's November buy rate lease money factor and residual value for a 36 month lease of a 2010 Cooper S with 10,000 miles per year are .00170 and 61%, respectively.
 
 
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#285 of 287
Re: MINI Cooper: Lease Questions [Car_man] by jeffrey12341
Nov 19, 2009 (7:22 am)
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Replying to: Car_man (Nov 19, 2009 3:59 am)

Hey CARMAN. the exact car i want is a mini cooper clubman S pepper white w/ cold and sports package. Ill also be willing to get a cooper s w/ cold and sports. Thank Tou. I tried going to a dealer and they just wanted to sell at msrp. do you think it will be hard to get a mini in nyc area at around invoice? Whats ur opnion?
Can you give me a sample lease paymentof that s clubman
 msrp $25,350 invoice $22,880
Also what are fees that i should expect to pay so that they wont give me any fake fees and try to rip me off?
#286 of 287
Re: 2010 Cooper S mf and res? [Car_man] by joesao
Nov 19, 2009 (7:48 am)
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Replying to: Car_man (Nov 19, 2009 4:01 am)

Car_man, thank you very much indeed!

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