My Take: Bummer. The Cooper S went up nearly $30 bucks a month (around $1000 over the life of the lease). March isn’t exactly shaping out to be better than February when it comes to leasing. The Cooper is still a fairly affordable lease despite that increase. Just remember, no 48-month lease and watch out for the options. If it were up to me, I would simply order one. In most cases, dealers will let you lock in the March rates and still give you the option to get the new lease rate (for the delivery month) once the car arrives. So in case the lease rates drop, you could end up with a cheaper lease. If not, you can always go back to the March rates.
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| At Invoice | At MSRP | |||||
| Make/Model | Invoice | MSRP | 24-month | 36-month | 24-month | 36-month |
| 09 Mini Cooper S | $20,405 | $22,600 | $279 | $258 | $375 | $324 |
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
2009 Mini Cooper
2009 Mini Cooper
24-month | 15k miles | residual 72% | .00219 base money factor
36-month | 15k miles | residual 64% | .00219 base money factor
48-month | 15k miles | residual 54% | .00219 base money factor
2009 Mini Cooper S
24-month | 15k miles | residual 69% | .00219 base money factor
36-month | 15k miles | residual 61% | .00219 base money factor
48-month | 15k miles | residual 52% | .00219 base money factor
2009 Mini Cooper John Cooper Works
24-month | 15k miles | residual 67% | .00219 base money factor
36-month | 15k miles | residual 59% | .00219 base money factor
48-month | 15k miles | residual 50% | .00219 base money factor
2009 Mini Cooper Clubman
24-month | 15k miles | residual 72% | .00219 base money factor
36-month | 15k miles | residual 63% | .00219 base money factor
48-month | 15k miles | residual 52% | .00219 base money factor
2009 Mini Cooper Clubman S
24-month | 15k miles | residual 69% | .00219 base money factor
36-month | 15k miles | residual 60% | .00219 base money factor
48-month | 15k miles | residual 50% | .00219 base money factor
2009 Mini Cooper Clubman John Cooper Works
24-month | 15k miles | residual 65% | .00219 base money factor
36-month | 15k miles | residual 57% | .00219 base money factor
48-month | 15k miles | residual 47% | .00219 base money factor
2009 Mini Cooper Convertible
24-month | 15k miles | residual 66% | .00219 base money factor
36-month | 15k miles | residual 60% | .00219 base money factor
48-month | 15k miles | residual 51% | .00219 base money factor
2009 Mini Cooper Convertible S
24-month | 15k miles | residual 65% | .00219 base money factor
36-month | 15k miles | residual 59% | .00219 base money factor
48-month | 15k miles | residual 50% | .00219 base money factor
I have received the MF now from 5 different Mini dealers. They ALL say it’s .00255.
I think the .00219 is wrong.
Thanks!
Really? I wonder if they require a security deposit to get to the .00219 money factor. Maybe I should shoot an email to my local MINI dealer to see what they got.
I was curious to see how the MF has changed since I leased mine back in September 2008, so I sent an inquiry out to one of the known “highball” dealers in the area. They came back and told me .00300 with a residual of 63%. Huh?? High MF aside, there is no way the MINI has a 63% residual at 24 months.
What? That’s ridiculous. I’ve noticed that some dealers aren’t using BMWFS numbers, I wonder if they get a kickback from the bank or something…
I know the dealers can play games with the MF, but this is first I’ve heard of someone messing with the residual.
G – any chance on posting the May lease numbers? I see that April was never posted. Thanks G.!