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!
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  • MichaellMichaell Moderator Posts: 257,894
    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.

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