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MINI Cooper Lease Questions

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  • 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
  • I'm interested in a Countryman S, but would also consider the Countryman. What are the MF & residuals for these on a 36 mo, 12k/year lease? TIA!
  • Hi Car Man - Could you please post the money factor, residuals for a 2012 or 2013 Mini Cooper S and Mini Clubman S with 15K miles/3 years? Many thanks!
  • Here's the information that you're looking for cosanostra.

    Mini's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Countryman S with 12,000 miles per year are .00130 and 58% for consumers who qualify for its top credit tier.

    The money factor for an otherwise identical lease of a non-S would be the same, but the residual value would be 57%.

    Car_man
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  • Hi llbean2009. Mini's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Cooper S with 15,000 miles per year are .00130 and 60% for consumers who qualify for its top credit tier.

    The numbers for the other models are as follows:

    2012 Clubman S - .00130 / 60%
    2013 Cooper S - .00130 / 58%
    2013 Clubman S - .00130 / 55%

    Interesting that the residual values for the '13 models are lower than they are for the '12s. That normally wouldn't be the case, but BMW may be providing less residual value support on the '13s right now.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • coco20coco20 Posts: 2
    Car Man,
    can you please let me know the money factor and residual on a 2012 and 2013 Countryman S, 36 month lease term. Also, what is it that determines these figures?
    Thank you so much!
    Coco20
  • twetztwetz Posts: 1
    Help,

    Can you advise on what the real cost of a 2013 Mini Hardtop (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 weekend.

    Thanks.
  • hi,

    i'm stepping into a dealer tomorrow to look at Cooper S hardtop that's optioned to $27,600.

    i'd like some help getting:

    a. november lease rate from MINI FS assuming
    - 10,000 miles
    - 12,000 miles
    - 15,000 miles

    b. acquisition fee

    c. other expected fees

    thanks!
  • Just got a quote from dealer: the list price is $27,900 and they offer me an $2,900 discount for a 2012 MINI Cooper Convertible. Is this a good deal?

    What's the best lease deal i can get for this case recently, 36 months/ 10000 miles? Thanks a lot.
  • Hi Car Man,

    Could you please let me know the December MF and residual % for Countryman S for a 36 months lease/ 10k and 12k miles per year.

    Thanks,
    HJ
  • Car_man, could you please let us know the December MF and residual % for the MINI Cooper Clubman '13 36 months, 12K (if possible) and 15K mi/year, top credit. Happy holidays and thank you for this invaluable info!! :shades:
  • Thanks. Happy Holidays to you as well, oldfogie.

    Mini's December buy rate lease money factor and residual value for a 36-month lease of a 2013 Cooper Clubman with 15,000 miles per year are .00135 and 57% for consumers who qualify for its top credit tier.

    The residual value for a lease with 12,000 miles per year would be 2% higher.

    When negotiating your deal on this car, make sure to take advantage of the $500 cash incentive that is currently available on it.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Car_Man- first, thank you for helping the masses lease cars and the service you provide to others. You have saved more money for people than probably anyone online.

    I would like to know the money factor and residual for a 2013 Mini Clubman John Cooper Works for 36 months/12k miles a year.

    Cheers,

    Keith
  • roadrageeroadragee CaliforniaPosts: 71
    Hi, Car_Man

    Could you post January MINI's MF and Residual for 36-month 10k & 12k miles/year on 2013 Countryman and Countryman S model?

    Thank you!!!!
  • You're very welcome Keith. Thanks for noticing. Mini is not providing any lease support on the 2013 Clubman John Cooper Works model. Its 36-month, 12,000 miles per year residual value is 45%. Its money factor would be whatever Mini's buy rate is. I haven't looked into what that would be in a while, but I'm guessing around .00155 or so for top tier customers.

    Car_man
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  • Hi I have stupidly least 2 mini hardtops by just signing the papers that they put in front of me..WELL NEVER AGAIN! My lease is coming up at the beginning of March her in BR La. The base price for the mini I want is 23,450(basically it is just an automatic with extra cost color and white raising stripes.) I am desperate to find out the money factor and residual for the 2013 hardtop at top credit.I called the Mini finance people and they said they could not give me that info and it would only be given to me the day of the lease signing...I pray that is not the case! I hope you can help! I am trying not to make stupid girl mistakes again!
  • Hi Car_man...do you happen to know the current money factor and residual for the 2013 clubman?
  • Kirstie_HKirstie_H Posts: 10,899
    A reporter would like to speak to a new MINI owner. If you have purchased a MINI in the last 6 months and would like to share your story, please send your daytime contact info to pr@edmunds.com no later than Friday, Feb 8, 2013 at noon PT/3 p.m. ET.

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  • Hi Carman,
    I was quoted a money factor of .0020 and a residual of 58% on a 2013 Countryman S, 36 months/10k miles, though I'll probably ask for 12k miles. Are these accurate numbers? I'm seeing in previous posts on this site money factors of .00130 for January. Why the big increase? or am i being played?
    Thank you in advance for your feedback.
    Coco
  • Could you please let me know the February MF and residual % for 2013 JCW GP for a 36 months lease/ 15k miles per year. Thanks
  • Hi Car Man,

    I would like to know the money factor and residual for a 2013 Mini Cooper S Convertible for:

    for 24 months/12k miles a year

    -and-

    for 36 months/15k miles a year.

    Thank you!
  • Hi Car_Man,

    Can you please provide the March money factor and residual for a 2013 Hardtop S manual transmission for a 36 month/12k mile per year?

    Been quoted a .00195 money factor which seems a bit steep.

    Thanks!
  • hs2000hs2000 Posts: 2
    Hi Car_Man,

    I would like to know the money factor and residual for a 2013 Mini Cooper S Convertible

    for 36 months/10k miles a year.

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi sluurrpee3. Your suspicion was correct, that money factor is a little high. Mini's March buy rate lease money factor and residual value for a 36-month lease of a 2013 Hardtop S with 12,000 miles per year are .00160 and 65% for consumers who qualify for its top credit tiers.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go hs2000. Mini's March buy rate lease money factor and residual value for a 36-month lease of a 2013 Cooper S Convertible with 10,000 miles per year are .00165 and 58% for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • herro91herro91 Posts: 10
    edited March 2013
    Hello Car_man,

    Could also provide the MF and residual for March for the 2013 Cooper S convertible for 12k and 15k miles per year?

    Thank you.
  • Hi Car_man,

    About ready to order, but getting conflicting info. Dealer says the residual is 62% for 3 year, 12k miles per year on the Hardtop S model and that the 65% residual is for non S model. Can you confirm?

    Also getting push back on the money factor? Dealer is holding strong at .00195, but you mention it is .0016. Can you confirm the money factor for 2013 Hardtop S model since the two numbers are so different?

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi herro91. Mini's March buy rate lease money factor and residual value for a 36-month lease of a 2013 Cooper S Convertible with 15,000 miles per year are .00165 and 55% 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
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi sluurrpee3. The residual values that you were quoted are right on the money.

    The buy rate lease money factor is .00160 on the Hardtop and .00155 on the S Hardtop. If your credit is in good shape and the dealer quotes you anything higher than that they are attempting to mark your car's money factor up to add additional, hidden back-end profit to your deal. Such a move is not surprising, but can often be avoided by savvy consumers who are in an area that has a decent level of competition.

    Car_man
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  • afadeevafadeev Posts: 3
    edited April 2013
    Hi Car_man,
    Any word on the what the current lease rates and residuals are on 2013 JCW hardtop?
    10K/year, either 24 or 36 months.

    Thanks!
This discussion has been closed.