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2018 Mini Convertible Lease information

andyneedsacarandyneedsacar Member Posts: 21
edited July 2018 in MINI
Are the numbers for the Money Factor and Residuals in for the Mini Convertible? 10k miles per year for 36 months. Zip code 02474. Thank you in advance!

Comments

  • kyfdxkyfdx Moderator Posts: 246,640

    Are the numbers for the Money Factor and Residuals in for the Mini Convertible? 10k miles per year for 36 months. Zip code 02474. Thank you in advance!

    Base: .00162 MF and 58% residual
    $2000 dealer incentive on in-stock models

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  • abobianabobian Member Posts: 3
    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?
  • kyfdxkyfdx Moderator Posts: 246,640
    abobian said:

    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?

    Base model?

    .00162 MF and 58% residual

    The program will vary, depending on how many miles are on the vehicle.
    There is a $2000 in-stock allowance, but that might not be applicable to loaners, though any discount should far exceed that.

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    Did you get a good deal? Be sure to come back and share!

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  • abobianabobian Member Posts: 3
    kyfdx said:

    abobian said:

    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?

    Base model?

    .00162 MF and 58% residual

    The program will vary, depending on how many miles are on the vehicle.
    There is a $2000 in-stock allowance, but that might not be applicable to loaners, though any discount should far exceed that.
    Thank you for the Info:

    I forgot to include that the info I'm looking for is for an Convertible S model
  • kyfdxkyfdx Moderator Posts: 246,640
    abobian said:

    kyfdx said:

    abobian said:

    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?

    Base model?

    .00162 MF and 58% residual

    The program will vary, depending on how many miles are on the vehicle.
    There is a $2000 in-stock allowance, but that might not be applicable to loaners, though any discount should far exceed that.
    Thank you for the Info:

    I forgot to include that the info I'm looking for is for an Convertible S model
    Same numbers, except in-stock allowance is $2250

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  • abobianabobian Member Posts: 3
    They quoted me .00252 and residual of 56% can they change these numbers because it's a loaner?
    kyfdx said:

    abobian said:

    kyfdx said:

    abobian said:

    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?

    Base model?

    .00162 MF and 58% residual

    The program will vary, depending on how many miles are on the vehicle.
    There is a $2000 in-stock allowance, but that might not be applicable to loaners, though any discount should far exceed that.
    Thank you for the Info:

    I forgot to include that the info I'm looking for is for an Convertible S model
    Same numbers, except in-stock allowance is $2250
    Thank you again, I really appreciate your guidance!

    Final question: they quoted me .00252 and residual of 56% can they change these numbers because it's a loaner?
  • kyfdxkyfdx Moderator Posts: 246,640
    abobian said:

    They quoted me .00252 and residual of 56% can they change these numbers because it's a loaner?

    kyfdx said:

    abobian said:

    kyfdx said:

    abobian said:

    Hi, can I please get the MF and Residuals for a 2018 loaner mini convertible 36/10 zip 94925 any rebates/incentives?

    Base model?

    .00162 MF and 58% residual

    The program will vary, depending on how many miles are on the vehicle.
    There is a $2000 in-stock allowance, but that might not be applicable to loaners, though any discount should far exceed that.
    Thank you for the Info:

    I forgot to include that the info I'm looking for is for an Convertible S model
    Same numbers, except in-stock allowance is $2250
    Thank you again, I really appreciate your guidance!

    Final question: they quoted me .00252 and residual of 56% can they change these numbers because it's a loaner?
    The residual could change, to account for the current mileage on the vehicle.
    Yes, they can markup the money factor for more profit. I always insist on the base MF.
    Keep in mind... purchasing/leasing a service loaner is supposed to save you money and be a good deal. If they are trying to take advantage of you, it's time to move to another dealer.

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