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MINI Cooper Lease Questions
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3 year/10k
Selling Price: $21,550 (MSRP: $22850)
Residual: 68%
Money Factor .0017
Thanks!
What is the money factor and residual for a Mini Cooper Countryman (not S) 15k 36 months?
Thanks,
Could you please tell me the April lease money factor and residual value for a
2011 Mini Cooper Hardtop
36 months
12K and 15K
Many thanks!
The 36 month, 15,000 mile per year residual value for a 36 month lease of a base 2011 Countryman with 15,000 miles per year is 61%.
Car_man
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The residual value for a lease with only 12,000 miles per year is 2% higher.
Car_man
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Adjusted cap cost is $21550 .L.E.V. is 69%, money fact sell rate .0024 total sales tax $925.00.
Dealer is asking for $3410.00down monthlly payment $237.96( this includes the tax and all fees).
Is this a good deal or should I travel 150 miles to price another Mini.
Thanks in advance
Can you tell me what the lease rates are for may 2011 on a cooper hardtop, cooper s hardtop, and john cooper works hardtop with 15k a year. 36 months. Thank you so much.
Looking for lease figures for 2011 Countryman S (MSRP $30,200). Planning on a 36 Month with 12K miles per year. Thanks
Could you please tell me the May lease money factor and residual value for a
2011 Mini Cooper Hardtop
36 months
12K and 15K.
The website has a $199 promotion with 2799 due at signing. Is this any good?
The numbers for an otherwise identical lease of an '11 Cooper S Hardtop are .00180 and 57%.
The numbers for an otherwise identical lease of a John Cooper Works Hardtop are .00185 and 48%.
Car_man
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Mini's current residual value for a 36 month lease of a 2011 Countryman with 15,000 miles per year is 60%.
The residual for an otherwise identical lease of an '11 Countryman S is 58%.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Mini's current residual value for a 36 month lease of a 2011 Countryman S with 12,000 miles per year is 60%.
Car_man
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Mini's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Mini Cooper Hardtop with 15,000 miles per year are .00170 and 65%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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I'm looking for the June 2011lease rates on a Mini Hardtop, 3 years 12k and 15k.
Thanks
The residual value for a lease with only 12,000 miles per year is 2% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
$280.02/ 36 mo/ 12KPY/ $23850- MSRP
Out of pocket:
1st payment $280.02
Sec deposit 300.00
Dealer doc fee 249.00
On line reg fee 7.50
Tire tax 7.50
Bank fee 725.00
Reg fee 252.50 (3 years)
Money down 1000.00
Tax on money down 70.00
_______
Total $2891.52
Money factor .0017
Residual $15979.50 (67%)
We bought in Monmouth County, NJ. Needed the car in a specific color and within a week of our first visit to dealer. In order to get the color we had to take a car with more options than we would have wanted. They found it in Georgia and it's arriving tomorrow (2 days late, but still pretty good). Dealer was helpful, but made it clear as soon as I tried to negotiate, that they aren't willing to deal at all on price due to low inventory and high demand (especially automatics). Thank you Car_man for the leasing rates. They helped me shave almost $20/month off the original monthly cost they quoted.
Also - did they charge you for shipping the car from Georgia? I have a dealer trying to charge me for that....
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Thanks
Can you tell me the June money factor and residual value or a Clubman S, 36 month, 15k
Thank you
This car's payment will depend upon what its selling price is. At full MSRP, you're looking at a zero down, pre-tax monthly payment of around $443. A $500 discount would lower the payment to $428. A $1,000 discount to $414.
Something's clearly wrong with the payment that you were quoted.
Car_man
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Car_man
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July is here - and i can't wait to hear if there are any promotions announced for Mini Cooper S Convertibles?!!
Also, do you know what the current Buy Rate money factor is?
I am looking to lease an Ice Blue Mini Cooper S Convertible with a black top. Upgrades I'm looking for are: polar beige leather interior, convenience package, premium package, automatic transmission.
What do you think my odds are for finding this on the lot somewhere?? I would love to get it now rather than custom order and wait 3 months (my car is on the verge of dying, so that is why).
Finally - where can I find a current (and accurate!) invoice price?
Thank you SO VERY MUCH in advance - I am thrilled to finally be taking steps to getting my DREAM CAR - and i just want to make sure i'm doing it right!! )
Thanks!
i've been told i cannot order a 2011 convertible mini with auto tran - and that i HAVE to order a 2012. i want to put in a lease order, but nobody has Money Factor numbers they can offer me officially - can you post here if you find out the MFS base rate money factor for the new 2012 convertible S cooper? thanks so much!!!
Is there any info yet on money factor and residual for 2012 models? Looking to lease a new Clubman w/ auto for 36 mo 12K/ year
Thanks!
Appreciated any comment on if this is a good or bad deal? If bad, how bad? Thanks for your feedback!!
Do you have the August residual and money factor for a 2011 Cooper S, 10,000 annual miles at 36 months?
Thanks!
I was wondering if you could tell me what I can expect to pay in lease payments for a 2011 Cooper S with a MSRP $27500, 36 months, $6k down and 10k miles/year.
A MF and RV would be helpful as well,
Thank you in advance.
Dan
Do you have the residual and money factor numbers for the following two vehicles?
2012 Mini Cooper-S hardtop with 15,000/yr
2012 John Cooper Works hardtop with 15,000/yr
Car_man
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I just got home from the dealer and this what I was quoted:
MSRP $25425
12k a year/ 36 months
Money factor: 0.00225
Residual: 60%
Nothing down except inception ( they say is around $1,500 )
430 a month plus tax.
I believe these numbers are too high, what do you think???
It was late at night and maybe the guy just didn't want to sell it
Car_man
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According to my calculations, if you were to lease a 2011 Mini Cooper S that has an MSRP of $27,500 and a selling price of $26,500 through its captive finance company right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $330 for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease with a $6,000 capitalized cost reduction would be only $153. Having said that, it is definitely in your best interest as a consumer to put as little money down as possible when leasing. Consumers who make large down payments when leasing risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.
I used a money factor of .00170 and a residual value of 63% to arrive at the above payment.
Car_man
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The numbers for an otherwise identical lease of a 2012 John Cooper Works Hardtop are .00175 and 50%.
Car_man
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Quick question: How do you receive a $1000 discount on MSRP using the captive finance program?
I unfortunately qualify for probably the lowest tier of credit since I have just graduated college and I have never used credit in my entire life. Would you recommend financing or leasing in my case?
Once again thank you very much for your time.
I was wondering if you could tell me what I can expect to pay in lease payments for a 2011 Cooper Hardtop with a MSRP $27374. I'm looking at 24 or 36 months. I would like to put less than $1,000 down. I also need to have a lease that's going to let me put between 20K-25K miles/year. I've got quite a commute.
A MF and RV would be helpful as well,
Thank you in advance.
Eb
The selling prices of leased or financed vehicles are negotiable, just as if you were paying cash for them. Perhaps a $1,000 discount is a little too aggressive, but you should shoot for as large a dealer discount as you can get.
Car_man
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The numbers for an otherwise identical 36 month lease are .00170 and 65%.
I believe that 15,000 miles per year is the highest mileage allowance that Mini publishes residual values for. If you need to drive more than that you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Your monthly payment will depend upon what sort of dealer discount you are able to negotiate. For now I will assume $500 off. Let me know if you want something different.
According to my calculations, if you were to lease this car for 24 month with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $468. The payment for an otherwise identical 36 month lease is a much more attractive $329.
Car_man
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Any help would be greatly appreciated!
Have you heard or gotten any information regarding the new MINI Coupe (This is the new model that is a 2 seater that MINI has now started taking orders on).
I have an order for a 2012 MINI Coupe S at my dealership that will be delivered in early November. Not planning on any discounts since it is a brand new model/car.
MSRP - 31,150
I'm looking at 36 or 48 month leases.. 12,000 - 15,000 miles per year.
I do plan on putting down about 2,000 - 2,500 per month to lower the payments.
Any info you may have would be greatly appreciated! Thanks!
Does anyone know what I should expect for Money Factor and Residual percent for a 36 month lease with 10,000 miles per year (in Southeastern PA) for:
MINI Countryman - assume MSRP of $24,700
MINI Countryman S - assume MSRP of $28,050
I'm assuming, since these vehicles are so popular, that I should not expect a discount from MSRP, correct?
Also - do you know if there are any up-front charges with the MINI lease? (Finance charges).
Basically, I want to know what the "Money due at signing" and the "monthly payment" would be ... along with the MF and Residual value used to calculate them.
thanks
-Benedick96
I was hoping someone might be able to share the current residuals and money factors for 2012 Cooper Hardtop Base for 10/12/15K mile 36-month leases (assuming top tier credit). My Cooper is being picked up this Saturday, and I have a feeling the dealer is marking up the money factor (was quoted at .00170 last month, but now they say it has gone higher and I don't believe them).
Thanks in advance for any help you may be able to provide!
Matt
I was wondering if anyone had any information on the 2012 Mini coupe. I am planning to go to the dealership tomorrow and would appreciate if anyone could tell me the current residual/money factor for it. Also should I be expecting to get anything off the MSRP since it is a new model.
Also what is the current residual/money factor for a mini cooper hardtop and are there any incentives/manufacturer rebates going on.
Thanks in advance guys.