From my local MINI salesperson: 'The leasing residuals change month to month so we don't usually give them out except at time of delivery. This may account for why you can't easily find them. Financing is a little different, for the most part we can lock you into an interest rate with a credit app at the time we place your order.'
I wonder if MINI wants to lease vehicles. I suppose they want to sell and not lease and by keeping the residual a secret they can steer more people into buying. If they don't reveal the residual until delivery, it's harder to create a 'game plan' and compare buying vs. leasing.
We have an R56 and are thinking of trading for an F56 and that's why I approached the salesperson.
From my local MINI salesperson: 'The leasing residuals change month to month so we don't usually give them out except at time of delivery. This may account for why you can't easily find them. Financing is a little different, for the most part we can lock you into an interest rate with a credit app at the time we place your order.'
I wonder if MINI wants to lease vehicles. I suppose they want to sell and not lease and by keeping the residual a secret they can steer more people into buying. If they don't reveal the residual until delivery, it's harder to create a 'game plan' and compare buying vs. leasing.
We have an R56 and are thinking of trading for an F56 and that's why I approached the salesperson.
This is total BS. They don't disclose the leasing numbers, because they like to hide the cost. They can lock in the lease numbers for two months, just like financing. They do change month-to-month, but a deal you make this month can be locked until the end of April (maybe May, in the Western region).
This is total BS. They don't disclose the leasing numbers, because they like to hide the cost. They can lock in the lease numbers for two months, just like financing. They do change month-to-month, but a deal you make this month can be locked until the end of April (maybe May, in the Western region).
This is funny. Sometimes I find a lease ad and work the numbers out based on that. You need the ad to be for the same model you're interested in and the same miles; the residual and money factor should be spot on that way.
This is total BS. They don't disclose the leasing numbers, because they like to hide the cost. They can lock in the lease numbers for two months, just like financing. They do change month-to-month, but a deal you make this month can be locked until the end of April (maybe May, in the Western region).
I find it confusing; if they don't give out the residual and MF numbers to hide cost (and get the maximum $$ out of the customer), I don't think they are going to get many people interested. And as someone mentioned, the residual is fixed by MINI Financial. The opportunity for the dealer is in the MF, so why not be open with the residual? I don't think that MINI wants to lease. The dealership wouldn't care whether they sold to MINI Financial or Joe Jones, right? A lease is as good as a sale to the dealer.
This is total BS. They don't disclose the leasing numbers, because they like to hide the cost. They can lock in the lease numbers for two months, just like financing. They do change month-to-month, but a deal you make this month can be locked until the end of April (maybe May, in the Western region).
I find it confusing; if they don't give out the residual and MF numbers to hide cost (and get the maximum $$ out of the customer), I don't think they are going to get many people interested. And as someone mentioned, the residual is fixed by MINI Financial. The opportunity for the dealer is in the MF, so why not be open with the residual? I don't think that MINI wants to lease. The dealership wouldn't care whether they sold to MINI Financial or Joe Jones, right? A lease is as good as a sale to the dealer.
Recognize that most folks don't pay close attention to - or don't care about - the numbers.
Most folks are payment shoppers, and if they can get that shiny new MINI in their driveway for $x per month, and the dealer can do that, they don't care how they got there, or that they could have really gotten $x - 10% if they knew all the numbers.
We can only help the ones that show up in the forums and ask questions.
Hi. I'm interested in the numbers for the Base Countryman with automatic transmission and Countryman S with automatic transmission in south Florida for a 36 month lease with 15k miles per year.
Hi. I'm interested in the numbers for the Base Countryman with automatic transmission and Countryman S with automatic transmission in south Florida for a 36 month lease with 15k miles per year.
Thank you!
.00146 and 59% for both
$1250 lease cash on both $500 in stock allowance on base $1000 in stock allowance on S
Hi. I'm interested in the numbers for the Base Countryman with automatic transmission and Countryman S with automatic transmission in south Florida for a 36 month lease with 15k miles per year.
Thank you!
.00146 and 59% for both
$1250 lease cash on both $500 in stock allowance on base $1000 in stock allowance on S
Sorry I may have posted this in the wrong thread...I think this is the right one: Appreciate any advice you can share on either of these two deals? I'm looking at either the base Cooper but would love the hybrid if the numbers make sense. But I don't know what's the better deal, and where I have space to negotiate. Please help!
24 Months Lease @ 10k miles per year:
2018 MINI Cooper Countryman MSRP $34500 Selling Price $32000 Money Factor 0.00151 Residual 69% $2000 cash due @ signing $422 monthly excl tax
2017 Countryman S E PHEV Cooper S Hybrid MSRP $43,400 Selling Price $42,400 Money Factor 0.00151 Residual 63% $4000 hybrid lease rebate (woohoo!) $2000 cash due @ signing $579 monthly plus tax
Sorry I may have posted this in the wrong thread...I think this is the right one: Appreciate any advice you can share on either of these two deals? I'm looking at either the base Cooper but would love the hybrid if the numbers make sense. But I don't know what's the better deal, and where I have space to negotiate. Please help!
24 Months Lease @ 10k miles per year:
2018 MINI Cooper Countryman MSRP $34500 Selling Price $32000 Money Factor 0.00151 Residual 69% $2000 cash due @ signing $422 monthly excl tax
2017 Countryman S E PHEV Cooper S Hybrid MSRP $43,400 Selling Price $42,400 Money Factor 0.00151 Residual 63% $4000 hybrid lease rebate (woohoo!) $2000 cash due @ signing $579 monthly plus tax
Really appreciate any advice you can give me!!
Answered in the other thread you posted in ... no worries.
Hi Michaell, do you have number for a 2017 countryman all4 S for 36/10 MF and residual? It seems there are also incentives on this as well shown on the mini site. thanks
Hi Michaell, do you have number for a 2017 countryman all4 S for 36/10 MF and residual? It seems there are also incentives on this as well shown on the mini site. thanks
Thanks. Typically when do you get them? If you have details for June can you send them for comparison? Because of the shorter duration I am not sure if it will end up being too expensive.
Thanks. Typically when do you get them? If you have details for June can you send them for comparison? Because of the shorter duration I am not sure if it will end up being too expensive.
We would have seen the July numbers by this point.
Fingers crossed that we see something for August.
June numbers have expired and won't do you any good.
Hi Michaell, I managed to negotiate the 2000$ Up front payment off the lease deal for the cooper countryman so details are now as follows. Does this look fair?
i also asked about MSD but apparently MINI Financial services are no-longer offering multi security deposit lease option anymore.
Cooper countryman msrp 34800 selling 32200 2 year lease 12k miles per year 0.00152 money factor 68% Residual monthly $522.64 plus tax zero due at signing
Also when in your opinion is the best price to finalize a deal and place an order to get the best deal? I keep hearing 'end of month' or should I hold this offer for a few days now at the end of July and wait to see figures from you for August which could be better, and be prepared to go back and ask for a revised quote??
Adding a comment from the dealer: Normal drives off in this car is Bank fee $925 1st payment Ref fees Total: $1944 If you are planning to put nothing out of pocket then it gets carried over to the selling price.
Got a quote on a lease wanted to run by folks here: Clubman S Auto Cold weather pkg. All season tires. 24 months 2000 down including all fees 10k miles per year $296
Comments
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I wonder if MINI wants to lease vehicles. I suppose they want to sell and not lease and by keeping the residual a secret they can steer more people into buying. If they don't reveal the residual until delivery, it's harder to create a 'game plan' and compare buying vs. leasing.
We have an R56 and are thinking of trading for an F56 and that's why I approached the salesperson.
Are lease rates dependent of the Tier?
Yes, the MF will go up as the score goes down.
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http://www.bmwgroupfleet.com/#mini-vehicles
What isn't listed is the MF being used; they only reference the standard .00020 corporate discount.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Most folks are payment shoppers, and if they can get that shiny new MINI in their driveway for $x per month, and the dealer can do that, they don't care how they got there, or that they could have really gotten $x - 10% if they knew all the numbers.
We can only help the ones that show up in the forums and ask questions.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you!
$1250 lease cash on both
$500 in stock allowance on base
$1000 in stock allowance on S
Edmunds Price Checker
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Appreciate any advice you can share on either of these two deals? I'm looking at either the base Cooper but would love the hybrid if the numbers make sense.
But I don't know what's the better deal, and where I have space to negotiate.
Please help!
24 Months Lease @ 10k miles per year:
2018 MINI Cooper Countryman
MSRP $34500
Selling Price $32000
Money Factor 0.00151
Residual 69%
$2000 cash due @ signing
$422 monthly excl tax
2017 Countryman S E PHEV Cooper S Hybrid
MSRP $43,400
Selling Price $42,400
Money Factor 0.00151
Residual 63%
$4000 hybrid lease rebate (woohoo!)
$2000 cash due @ signing
$579 monthly plus tax
Really appreciate any advice you can give me!!
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking to lease a Clubman S auto for 18 - 24 months. Any guidance on the MF and RV ?
I am in the NY/NJ area.
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If you have details for June can you send them for comparison?
Because of the shorter duration I am not sure if it will end up being too expensive.
Fingers crossed that we see something for August.
June numbers have expired and won't do you any good.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
i also asked about MSD but apparently MINI Financial services are no-longer offering multi security deposit lease option anymore.
Cooper countryman
msrp 34800
selling 32200
2 year lease
12k miles per year
0.00152 money factor
68% Residual
monthly $522.64 plus tax
zero due at signing
Thanjs so much for your expert opinion!!!
Normal drives off in this car is
Bank fee $925
1st payment
Ref fees
Total: $1944
If you are planning to put nothing out of pocket then it gets carried over to the selling price.
Does this seem reasonable?
Clubman S
Auto
Cold weather pkg. All season tires.
24 months
2000 down including all fees
10k miles per year
$296
What do you guys think?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 month/12k miles per year
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Mini Countryman Base
residual and MF
36 month/12k miles per year
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige