Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
MINI Cooper Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Did you pick up your Mini already ?
Any info on the residual/money factor for a 2012 mini hardtop.
thnx
Hope this helps. If you're interested in higher mileage leases, 12K is .67 residual, and I believe 15K is .66
These rates also do not apply for the S model - which I believe has significantly lower lease residuals.
I tried putting the numbers that you gave me for a 2012 hardtop for 36 month lease but it showed me a monthly payment of 331$ (unless i am doing something wrong) . Also when I went to the dealer ship the guy there told me that " since mini is custom ordered there is no room for negotiation"...is that true ?
I wanted tech package/w nav and for that i had to custom order it. but this is what he told me how much it would cost : the car was coming out to 24800/ its a automatic mini hardtop w/tech package and automatic ac.....he told me that after 3500 down my monthly installment would be 260 inc taxes.
Any idea if what i am getting is a good deal or not and any suggestions on what i should be aiming for ?
I thought that 2012 automatic mini hardtop with moonroof/automatic AC/ harmon sound system was going for 199 ?
i am really confused...any help would be really appreciated....
thanks a lot !!
2012 mini cooper hardtop msrp at 27050.
dealer quoted a MF of .0025 and residual at 68%.
monthly payment of 322 including taxes with 2800 as down payment for 10,000 miles.
any suggestions ?
I ordered my mini (and to the comment above there was room for negotiation, just not a lot). I'm picking it up in two days. I got a hardtop, sunroof, heated seats, blue tooth option and manual trans. total monthly is $299. Thats 65 percent residual for 15,000 miles.
ALso what was the msrp of the car that you ordered and did u do any down payment ?
I am kinda bummed after todays meeting.......went there all excited and now all dissapointed.
I went to several dealerships and, I am used to getting within 1% of invoice on other makes (Nissan, Infiniti, Lexus, etc.), but with a custom mini, the lowest I could get was 7% over invoice. My Car was $27500 MSRP and I had about a $26500 purchase price.
Also, if you're using the online calculator it's not accurate. I had to build my own spreadsheet model. It was off by about $5 or so from the actual mini calculations (which I'm assuming is because their money factor and residual are more than a few decimal places). In any case, it's close enough. The dealers from what I've heard have the ability to mark up the money factor, but Mini does set the base rate (i think the max they can mark up is .0004).
Hope this helps....
Msrp of the car : 23450
selling price negotiated to 22700
down payment of 2676 + 500$ rebate offered by BMW leasing (no security deposit)
dealer fee- 149 + 950 lease acquisition fee
residual - 68%
MF- .00225
I was quoted 216 inc taxes (taxes are 3%) for a 36 months/10,000 miles.
Thnx guys !
I'd be much appreciated if anyone got an info on JCW coupe's lease info. residual value, money factor, etc on 2012 36 months 12k miles. I have an excellent credit.
thanks to all in advance.
Could you please supply me with BMW Financial's November buy rate lease money factor and residual percentage for a 36-month lease of a 2012 MINI Cooper S Convertible with 12,000 miles per year?
... Cuz that'd be super.
The lease will be for 36 months and 12 miles.
Thank you
jandm
Would you be able to let me know the MINI Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 Mini Cooper S Hardtop with 15,000 miles per year for the month of December? I would greatly appreciate it. Thank you again!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I am planning to pick up my mini on saturday. Please tell me what would be a fair monthly payment, residual and money factor for a 18 months lease, 15k miles, $39000 coupe.
thanks in advance
-mastkis
Would you be able to let me know the MINI Financial Services' money factor and residual value for a 36 month lease for the 2012 Mini Cooper Hardtop Base with 10,000 miles per year for January? Thanks for your help! I really appreciate it!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Do you have MF and Res available for Countryman on 36 months lease 15k/yr?
Thank you in advance
I am getting close to signing on the dotted line on a 2012 MINI Hardtop Base with as MSRP of $29,000.
The dealer quoted me for a 36 month lease:
Down Payment: $3,000
Residual Value of 69%;
MF of .0017; and
Monthly payment of $270 + tax
I couldn't really follow the capital cost calculation, so I am not at a bit of a lost at what the purchase price for the car actually was.
Any suggestions on how to back out the calculation to purchase price? Advice on whether this is a good deal?
Greatly appreciate your help.
We are currently deciding on options and packages and need a helping hand...
Would you be able to let me know the MINI Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 Mini Countryman Cooper S All4 with 10,000 miles per year for the month of February? Assuming top credit rating in the Mid-Atlantic (Washington DC) area...
I would greatly appreciate it. Thank you for your help!
Upon opportunity, could you kindly provide the February buy rate and residuals for the following terms:
24 months and 10K miles;
24 months and 12K miles;
36 months and 10K miles; and
36 months and 12K miles.
Additionally, kindly provide the acquisition fee.
Best Regards,
Steve
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Mini Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2012 Cooper Hardtop S with 12,000 miles per year are .00180 and 61%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Mini charges a base acquisition fee of $725 on ever vehicle that it leases.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
mini cooper base hardtop
msrp $32400 fully loaded
selling price $30300
0 down payment
min drive off with only bank fee $725 up front
36m/15k miles
money factor .00101 since i am doing 7msd (multiple sec deposit fully refundable)
residual value 66%
monthly payment $301 plus ca tax 8.75 = $326.00
is this a good deal
my dealer gave me the deal as follows
$32400 msrp
$30200 selling price
no money down. only min drive off and bank fee
MF .00101 since i am doinf 7 multiple sec dep
residual 66%
monthly payment $301 plus tax = $327
the standard mf for feb is .00150
your dealer is marking up 20 base points on MF . if your credit is tier 1 then you should get .00150 not .00170..
Thanks.
I'd love it if you could take a look at this deal for me. I am looking at a 2012 base Mini Cooper hardtop manual, MSRP 25,000 + 700 destination. The dealer has so far agreed to a $500 option credit and a $750 dealer credit. 1st payment, security deposit and aquisition fee are waived per the "$0 to Motor" lease special. Selling price is currently 24,550, but we are still going back and forth about taking another $250 off of the sale price.
It is a 36-month, 12K-mile lease, and I was quoted a residual of 68% (seems great) and a money factor of 0.00232 (very high compared to the 0.00150 I have seen elsewhere on this forum). The dealer has told me that when MINI waives the acquisition fee, it raises the MF, but they would still be profiting by about $550 on a 3-year lease.
Could you please advise on the MINI financial February hardtop lease money factor, and is this dealer marking it up? If the money factor can be brought in line, does this seem like a good deal?
Thanks!
Is this a hardtop S ? Based on the 32400 thats what it looks like.
Its exactly what I am looking for.
Can you let me know what dealer and who to speak with to get this deal ?
Regards.
cooper S is not a good lease at the moment. even with basic options at $28500 the cooper S can exceed $400 a month.
What dealer did you go to ?
Does the S ever become a decent option to lease?
S model: 181 hp, 177 ft/pbs, 0-60 6.6 sec
Putting the JCW APPEARANCE items on a base model not going to make it a fast car. I would spend my money on the real stuff and not the for show stuff
It is apparent that you have done your homework as your figures concur with mine. Would you kindly post the name of the Dealer who provided you with your deal?
Thanks.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I've been able to get the discount to $1450 ($500 option credit, $1050 from the dealer), and they agreed to the normal money factor and acq. fee. Would you mind reviewing their proposed 'final' deal please? Also, could you confirm a 66% residual on this car if we go to 15,000 miles/year? Thanks!
268.61 per month
12k miles per year
36 month term
68% residual
0.00150 money factor
725 acquisition fee +tax (paid up front)
836.55 due at signing (acq fee, first month payment less 249, title, license plate transfer, registration paid up front)
MSRP 25700
Cap cost 24150.74
1049.26 discount from dealer & 500 from MINI = 1549.26 total discount
I'm looking at a base Cooper hard-top on a 10K per year, 3 year lease. From the messages above I see that the money factor for February is 0.00150. However, can you provide me with the residual value?
Thanks!
I found a Countryman S with Auto and the Bench seat configuration. Can you tell me what the MF and Residual are for California on 12k/yr 36 month lease? I'm being quoted for top tier credit a .00230 MF and 59% Residual with 925 Acquisition fee. The dealer said that Mini Financial does not do multiple security deposits to lower the mf. Dealer is discounting car $500 off of MSRP.
Thanks in advance (you saved me some dough on my BMW lease.)
I am becoming interested in leasing a Mini Clubman S or S JCW, I assume I would order the car since there's so many customizations. My credit score is 800+ and have a long credit history with BMWFS. I would be ridding of a 2010 135i to get into the mini.
With that said,
could you provide some MF and Residual information on the clubman S/JCW that I could use before I walk into the showroom? (assuming 12kmiles/y)
Thank you so much for your help,
Jorge
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
It appears as though the dealer that you are working with is attempting to mark up both this vehicle's money factor and its acquisition fee, which should only be $725.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2012 Cooper S HT
MSRP: 34,500
Selling Price is $32,002
Lease for 36 month, 12,000 miles per year with just drive off of $820.41
Monthly Payment is $419.41 plus tax
Monthly Payment including tax is $456.02
Quoted : .00180, residual is 61% and bank fee is $725
Whats is the current MF and residuals on a 36 MO lease / 12 M on both the cooper s ht and coupe ?
I'm a first time leaser here, any other tips?
2012 Cooper S Hardtop in Houston, TX. How do I know what the cap cost is with the options I would like? What is the residual value for a 36 month lease with 10,000 miles / year. And what would the money factor be with a high credit rating?
Many thanks!!
Have the March MFs and residuals changed much for a 2012 Countryman S AWD.
24-Month and 36-Month each with 12K miles per year
Thank you.