Car Buying Advice - Money Factors for Countryman 2017 (Anyone have any number from past 3 months)

shiner81shiner81 Member Posts: 7
edited September 2017 in MINI
Hi! Has anyone done a lease for the 2017 Countryman Cooper S All4 for 36 months and 15K per year? My credit is 750 which is tier 1 and all the dealers are quoting me a Money Factor of 0.00191? If you multiply this by 2400 it comes to 4.5% money factor, which is absurd. I have received a 58% Residual Value for the deal which I think is fare. Any thoughts or suggestions on the MF? Thanks in advance!
Tagged:

Comments

  • MichaellMichaell Moderator Posts: 263,899
    shiner81 said:

    Hi! Has anyone done a lease for the 2017 Countryman Cooper S All4 for 36 months and 15K per year? My credit is 750 which is tier 1 and all the dealers are quoting me a Money Factor of 0.00191? If you multiply this by 2400 it comes to 4.5% money factor, which is absurd. I have received a 58% Residual Value for the deal which I think is fare. Any thoughts or suggestions on the MF? Thanks in advance!

    Last time we saw a number, it was .00151. Dealers can mark it up .00040 for extra profit.

    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

This discussion has been closed.

Helpful Tools

Most popular vehicles

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.