2018 MINI Cooper Lease Questions

2

Comments

  • kyfdxkyfdx Moderator Posts: 253,065

    Hello! Can you confirm what the incentives would be in TX for a Countryman S? Is it $1500 lease cash and $2000 allowance?

    I see the $2000 in-stock allowance (dealer incentive), but I don't see any lease cash.

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  • houstontx8250houstontx8250 Member Posts: 24
    kyfdx said:

    Hello! Can you confirm what the incentives would be in TX for a Countryman S? Is it $1500 lease cash and $2000 allowance?

    I see the $2000 in-stock allowance (dealer incentive), but I don't see any lease cash.
    Really? I see the $1,500 available "towards capitalized cost reduction" on Mini's "offers" webpage (but not the $2,000).
  • b_harshb_harsh Member Posts: 3
    Hello, can you please help me with the RV, MF and incentives for a 2018 Mini Countryman S ALL4 and a 2018 Mini Countryman John Cooperworks ALL4 for 36mo/12k miles per year. zipcode 20166
  • MichaellMichaell Moderator Posts: 251,770
    b_harsh said:

    Hello, can you please help me with the RV, MF and incentives for a 2018 Mini Countryman S ALL4 and a 2018 Mini Countryman John Cooperworks ALL4 for 36mo/12k miles per year. zipcode 20166

    .00156 and 64% (S ALL4) or 59% (JCW ALL4)
    $2000 in stock allowance for S only

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  • jaysarrjaysarr Member Posts: 19
    Hi, can you tell me the RV/MF for Cooper Hardtop 4 door, and Hardtop S 4 door. SoCal (90210) region, 36/10K. I add 6% for 24mo, right? Any incentives? Thanks.
  • kyfdxkyfdx Moderator Posts: 253,065
    jaysarr said:

    Hi, can you tell me the RV/MF for Cooper Hardtop 4 door, and Hardtop S 4 door. SoCal (90210) region, 36/10K. I add 6% for 24mo, right? Any incentives? Thanks.

    Base: .00156 MF and 60% residual. $500 dealer allowance
    S: .00156 MF and 65% residual. $1000 dealer allowance

    Yes, add 6% for 24/10

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  • trojan91trojan91 Member Posts: 11
    edited May 2018
    Hey everyone,

    Michael - just wanted to thank you again for your help every time we lease a car. This forum is completely invaluable.

    Just wanted to share the following deal I closed on Sunday, from Chris Lee at East Bay MIni in the Bay Area, who I recommend - we did all negotiating via email, flew up from LA on Sunday morning to sign paperwork and pickup, and drove the car back down the same day.

    This is a 36-month, 10k mile/year lease with a true $0 drive-off - absolutely nothing due at signing.

    Model: 2018 Mini Cooper S Hardtop, 2-Door
    MSRP: 31,510.00
    Dealer Discount: 2,000.00
    2018 In-Stock Allowance: 2,000.00
    SELLING PRICE: 27,510.00

    Lease Cash: 1,500.00
    College Grad: 500.00
    BMWFS Loyalty: 500.00
    TOTAL INCENTIVES: 2,500.00

    LoJack: 495.00 (already installed on the car, discounted from 795.00)
    TOTAL ADD-ONS: 495.00

    Dealer Doc Fee: 80.00
    CA Registration: 394.00
    TOTAL FEES: 474.00

    Term: 36 months
    Mileage: 10k / year
    Residual: 65%
    MF: .00156

    FINAL PAYMENT: $267.10 + tax, $0 due at signing

    Hope this helps!
  • MichaellMichaell Moderator Posts: 251,770
    trojan91 said:

    Hey everyone,

    Michael - just wanted to thank you again for your help every time we lease a car. This forum is completely invaluable.

    Just wanted to share the following deal I closed on Sunday, from Chris Lee at East Bay MIni in the Bay Area, who I recommend - we did all negotiating via email, flew up from LA on Sunday morning to sign paperwork and pickup, and drove the car back down the same day.

    This is a 36-month, 10k mile/year lease with a true $0 drive-off - absolutely nothing due at signing.

    Model: 2018 Mini Cooper S Hardtop, 2-Door
    MSRP: 31,510.00
    Dealer Discount: 2,000.00
    2018 In-Stock Allowance: 2,000.00
    SELLING PRICE: 27,510.00

    Lease Cash: 1,500.00
    College Grad: 500.00
    BMWFS Loyalty: 500.00
    TOTAL INCENTIVES: 2,500.00

    LoJack: 495.00 (already installed on the car, discounted from 795.00)
    TOTAL ADD-ONS: 495.00

    Dealer Doc Fee: 80.00
    CA Registration: 394.00
    TOTAL FEES: 474.00

    Term: 36 months
    Mileage: 10k / year
    Residual: 65%
    MF: .00156

    FINAL PAYMENT: $267.10 + tax, $0 due at signing

    Hope this helps!

    Congrats! Looks like a very strong payment, relative to MSRP.

    Please tell me you took Highway 1 on your trip tack to SoCal.

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  • jaysarrjaysarr Member Posts: 19
    edited May 2018
    Hi, thanks for the numbers. I just wanted to confirm the MF and RV for 2018 Countryman S in 90210 is .00156 and 71% for 24/10k?

    And there's $2000 allowance, $1500 lease cash and $500 loyalty. Do I have this right?
  • MichaellMichaell Moderator Posts: 251,770
    jaysarr said:

    Hi, thanks for the numbers. I just wanted to confirm the MF and RV for 2018 Countryman S in 90210 is .00156 and 71% for 24/10k?

    And there's $2000 allowance, $1500 lease cash and $500 loyalty. Do I have this right?

    We only see the $1000 dealer allowance.

    The numbers are correct.

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  • jaysarrjaysarr Member Posts: 19
    Michaell said:

    jaysarr said:

    Hi, thanks for the numbers. I just wanted to confirm the MF and RV for 2018 Countryman S in 90210 is .00156 and 71% for 24/10k?

    And there's $2000 allowance, $1500 lease cash and $500 loyalty. Do I have this right?

    We only see the $1000 dealer allowance.

    The numbers are correct.

    Oh, I remember seeing $2K allowance posted by you in an earlier post. You had $1K allowance for Standard and $2K for Countryman S model.

    So, it's $1K allowance + $1500 lease cash then?



    ---This is the post----

    Michaell ColoradoPosts: 74,508
    May 19

    jkendrick said:

    Rebates, MF and Residual for both 2018 and 2019 Countryman All4, Std and S models all with Manual transmission in 05446.....and 03303 if they are different....Please and Thank you.

    jkendrick said:

    Forgot to add 36/10K

    No 2019 Countryman numbers, this month

    2018 - .00156 and 60% (std) or 65% (S)
    $1000 allownace on std
    $2000 allowane on S
    $1500 lease cash on both
  • MichaellMichaell Moderator Posts: 251,770
    jaysarr said:



    Michaell said:

    jaysarr said:

    Hi, thanks for the numbers. I just wanted to confirm the MF and RV for 2018 Countryman S in 90210 is .00156 and 71% for 24/10k?

    And there's $2000 allowance, $1500 lease cash and $500 loyalty. Do I have this right?

    We only see the $1000 dealer allowance.

    The numbers are correct.

    Oh, I remember seeing $2K allowance posted by you in an earlier post. You had $1K allowance for Standard and $2K for Countryman S model.

    So, it's $1K allowance + $1500 lease cash then?



    ---This is the post----

    Michaell ColoradoPosts: 74,508
    May 19

    jkendrick said:

    Rebates, MF and Residual for both 2018 and 2019 Countryman All4, Std and S models all with Manual transmission in 05446.....and 03303 if they are different....Please and Thank you.

    jkendrick said:

    Forgot to add 36/10K

    No 2019 Countryman numbers, this month

    2018 - .00156 and 60% (std) or 65% (S)
    $1000 allownace on std
    $2000 allowane on S
    $1500 lease cash on both
    Different zip code, different programs in place.

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  • jaysarrjaysarr Member Posts: 19


    Ahh my bad! I was thinking Benz national programs. Thank you so much, Michaell. :-)
  • jaysarrjaysarr Member Posts: 19
    Are the MINI June rates/incentives the same as May? (much like BMW) Thanks
  • kyfdxkyfdx Moderator Posts: 253,065
    jaysarr said:

    Are the MINI June rates/incentives the same as May? (much like BMW) Thanks

    No idea.. What model, trim, term and mileage?

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  • jaysarrjaysarr Member Posts: 19
    kyfdx said:

    jaysarr said:

    Are the MINI June rates/incentives the same as May? (much like BMW) Thanks

    No idea.. What model, trim, term and mileage?

    2018 Cooper S HT 2dr and 2018 Cooper S HT 4dr. Allowance/loyalty/lease cash

    24/10, 90210

    Thank you :)
  • MichaellMichaell Moderator Posts: 251,770
    jaysarr said:

    kyfdx said:

    jaysarr said:

    Are the MINI June rates/incentives the same as May? (much like BMW) Thanks

    No idea.. What model, trim, term and mileage?

    2018 Cooper S HT 2dr and 2018 Cooper S HT 4dr. Allowance/loyalty/lease cash

    24/10, 90210

    Thank you :)
    .00166 and 68%
    $750 lease incentives
    Both 3-door and 5-door

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  • jaysarrjaysarr Member Posts: 19
    edited June 2018
    Michaell said:

    jaysarr said:

    kyfdx said:

    jaysarr said:

    Are the MINI June rates/incentives the same as May? (much like BMW) Thanks

    No idea.. What model, trim, term and mileage?

    2018 Cooper S HT 2dr and 2018 Cooper S HT 4dr. Allowance/loyalty/lease cash

    24/10, 90210

    Thank you :)
    .00166 and 68%
    $750 lease incentives
    Both 3-door and 5-door


    Ahh so the numbers got worse in June. May was .00156 MF and 71% with $1000 dealer allowance on 4dr S. Sigh!

    Thanks
  • jaysarrjaysarr Member Posts: 19
    Michaell, do you have the June numbers for 2019 models?

    2019 4dr Cooper S and 2019 2dr Cooper S, 24/10, 90210. Incentives?

    Thanks
  • MichaellMichaell Moderator Posts: 251,770
    jaysarr said:

    Michaell, do you have the June numbers for 2019 models?

    2019 4dr Cooper S and 2019 2dr Cooper S, 24/10, 90210. Incentives?

    Thanks

    Be the first to post in our new 2019 MINI lease thread!

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  • donsundonsun Member Posts: 38
    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?
  • kyfdxkyfdx Moderator Posts: 253,065
    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes

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  • donsundonsun Member Posts: 38
    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
  • MichaellMichaell Moderator Posts: 251,770
    edited June 2018
    donsun said:

    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
    .00166 and 60%
    $2000 incentive

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  • shaohwashaohwa Member Posts: 2
    edited June 2018
    Hi,

    Can you you please give me the residual for 2018 Mini Cooper 5 door auto, 36mo/10k mi. Are there any lease incentives for June? Thank you in advance. Zip code is 90039.
  • kyfdxkyfdx Moderator Posts: 253,065
    shaohwa said:

    Hi,

    Can you you please give me the residual for 2018 Mini Cooper 5 door auto, 36mo/10k mi. Are there any lease incentives for June? Thank you in advance. Zip code is 90039.

    Cooper 4-door hardtop
    36/10
    .00166 MF and 60% residual
    $2000 dealer in-stock allowance

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  • donsundonsun Member Posts: 38
    Michaell said:

    donsun said:

    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
    .00166 and 60%
    $2000 incentive
    I was in the dealership yesterday and they gave me an MF of .00256 and RV of 61%. Any ideas on the discrepancy?
  • kyfdxkyfdx Moderator Posts: 253,065
    donsun said:

    Michaell said:

    donsun said:

    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
    .00166 and 60%
    $2000 incentive
    I was in the dealership yesterday and they gave me an MF of .00256 and RV of 61%. Any ideas on the discrepancy?
    Can't explain the residual discrepancy. It's definitely 60% in our records.

    Money factor? Not sure they can mark it up that high. Maybe, they quote low credit with maximum markup, until they get the actual credit report. (But, definitely marking it up)

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  • shaohwashaohwa Member Posts: 2
    kyfdx said:
    Hi,

    Can you you please give me the residual for 2018 Mini Cooper 5 door auto, 36mo/10k mi. Are there any lease incentives for June? Thank you in advance. Zip code is 90039.
    Cooper 4-door hardtop 36/10 .00166 MF and 60% residual $2000 dealer in-stock allowance
    Mini dealer told me that in order to get the 0.00166 MF, your credit score needs to be at 800, which in my opinion is BS. Can you please confirm 7500mi 36 mo residual at 61%? Thanks in advance.
  • MichaellMichaell Moderator Posts: 251,770
    shaohwa said:


    kyfdx said:

    shaohwa said:

    Hi,

    Can you you please give me the residual for 2018 Mini Cooper 5 door auto, 36mo/10k mi. Are there any lease incentives for June? Thank you in advance. Zip code is 90039.

    Cooper 4-door hardtop
    36/10
    .00166 MF and 60% residual
    $2000 dealer in-stock allowance

    Mini dealer told me that in order to get the 0.00166 MF, your credit score needs to be at 800, which in my opinion is BS. Can you please confirm 7500mi 36 mo residual at 61%? Thanks in advance.

    Confirm 61% for 36/7.5

    700+ score for top tier credit

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  • cdlee121cdlee121 Member Posts: 9
    I wanted to see if I could get the RV and MF for Cooper S 2-Door Hardtop and Clubman S for 24/10k and 36/10k and any incentives, zip 75035. Thanks so much.
  • kyfdxkyfdx Moderator Posts: 253,065
    cdlee121 said:

    I wanted to see if I could get the RV and MF for Cooper S 2-Door Hardtop and Clubman S for 24/10k and 36/10k and any incentives, zip 75035. Thanks so much.

    S 2-dr Hardtop: .00166 MF and 68%/64% residual. $750 lease cash
    S Clubman: .00166 MF and 68%/64% residual. $1000 lease cash

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  • toonamiketoonamike Member Posts: 4
    I was able to get this on a 2018 MINI Cooper S Countryman:

    MSRP
    $36,315.00

    Adjusted Price
    $31,229.00

    Fees
    $1,654.00

    Tax
    $27.06

    Net Price
    $32,910.06

    Cash Down
    $450

    Monthly Lease Payment (36 months / 10,000 miles per year)
    $450
  • MichaellMichaell Moderator Posts: 251,770
    toonamike said:

    I was able to get this on a 2018 MINI Cooper S Countryman:

    MSRP
    $36,315.00

    Adjusted Price
    $31,229.00

    Fees
    $1,654.00

    Tax
    $27.06

    Net Price
    $32,910.06

    Cash Down
    $450

    Monthly Lease Payment (36 months / 10,000 miles per year)
    $450

    Congrats!

    Thanks for sharing your deal details with us.

    I had a 2018 Countryman as a loaner today, when I took my daughters car to the dealer for service. The new models are much better in so many ways....

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  • ohridnycohridnyc Member Posts: 2
    I see the in stock allowance is $2000 for a base. Is there an in stock allowance for a JCW edition. Specifically a 2018 clubman JCW , zip 10314
  • ohridnycohridnyc Member Posts: 2
    Also, How much should I expect to get off MSRP from an executive demo before incentives/rebates for a 2018 JCW clubman?
  • kyfdxkyfdx Moderator Posts: 253,065
    ohridnyc said:

    I see the in stock allowance is $2000 for a base. Is there an in stock allowance for a JCW edition. Specifically a 2018 clubman JCW , zip 10314

    Yes.. $2000 on the JCW Clubman, as well

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  • kyfdxkyfdx Moderator Posts: 253,065
    ohridnyc said:

    Also, How much should I expect to get off MSRP from an executive demo before incentives/rebates for a 2018 JCW clubman?

    Sorry, but we don't follow pricing.

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  • donsundonsun Member Posts: 38
    Michaell said:

    donsun said:

    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
    .00166 and 60%
    $2000 incentive
    The $2000 incentive applies to all 2018's left on lots, right? Is there also a lease cash incentive for this month or do they not stack?

    Also, Zip 27705 and 30338 please. I realized I didn't mention in original..
  • MichaellMichaell Moderator Posts: 251,770
    donsun said:

    Michaell said:

    donsun said:

    kyfdx said:

    donsun said:

    are the 2018 numbers for the Cooper 2dr 36/10 auto different from the 2019 numbers?

    Yes
    if so, can you let me know the mv, rf, incensitves on 2018 2dr cooper auto 36/10?
    .00166 and 60%
    $2000 incentive
    The $2000 incentive applies to all 2018's left on lots, right? Is there also a lease cash incentive for this month or do they not stack?

    Also, Zip 27705 and 30338 please. I realized I didn't mention in original..
    MINI numbers are national.

    No lease cash, just the $2000 incentive

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  • donsundonsun Member Posts: 38
    Figured out the .00256 MF thing. They're raising it by .00050 for Acquisition fee waiver and .00040 for dealer mark up.. Seems like all the atlanta dealers are doing it...
  • MichaellMichaell Moderator Posts: 251,770
    donsun said:

    Figured out the .00256 MF thing. They're raising it by .00050 for Acquisition fee waiver and .00040 for dealer mark up.. Seems like all the atlanta dealers are doing it...

    Probably better to pay the acquisition fee.

    And, politely tell them you won't sign a deal with an inflated MF.

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  • dogtotodogtoto Member Posts: 1
    Can you let me know the mf, rv, incentives on 2018 base convertible with auto 36/7.5?
  • kyfdxkyfdx Moderator Posts: 253,065
    dogtoto said:

    Can you let me know the mf, rv, incentives on 2018 base convertible with auto 36/7.5?

    What ZIP?

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  • mikendallasmikendallas Member Posts: 25
    Hi- can I get RV and MF for a 2019 Mini Hardtop 2 door S model and the convertible S model please. 36months/15k per year. 75075 zip code. thanks!
  • kyfdxkyfdx Moderator Posts: 253,065

    Hi- can I get RV and MF for a 2019 Mini Hardtop 2 door S model and the convertible S model please. 36months/15k per year. 75075 zip code. thanks!

    Please post in the 2019 model discussion, here:
    https://forums.edmunds.com/discussion/51402/mini/cooper/2019-mini-cooper-lease-deals-and-prices#latest

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  • 121212121121212121 Member Posts: 38
    Hello,

    Could I please have a July lease info (MF / residual / lease cash / incentives) for 36 mo 12k:

    2018 Cooper 2 door
    2018 Cooper S 2 door
    ZIP 78245

    Trying to decide between a mini mini or a maxi mini (Countryman.)
    Thank you!
  • kyfdxkyfdx Moderator Posts: 253,065

    Hello,

    Could I please have a July lease info (MF / residual / lease cash / incentives) for 36 mo 12k:

    2018 Cooper 2 door
    2018 Cooper S 2 door
    ZIP 78245

    Trying to decide between a mini mini or a maxi mini (Countryman.)
    Thank you!

    .00162 MF and 57% residual
    $2000/$2250 in stock allowance for Base/S

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  • richard1111richard1111 Member Posts: 17
    Can I have July MF/RV and incentive for 2018 Mini Cooper Hardtop 4 doors? And for “S” as well.

    7.5K/10K 36 months
    Zip: 90024

    Thank you!
  • MichaellMichaell Moderator Posts: 251,770

    Can I have July MF/RV and incentive for 2018 Mini Cooper Hardtop 4 doors? And for “S” as well.

    7.5K/10K 36 months
    Zip: 90024

    Thank you!

    36/10
    .00162 and 58% for both
    $2000 lease cash for base
    $2250 lease cash for S
    Add 1% for 7.5K

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