UPDATED Clubman S added! Still looking for the convertibles.
My Take: Yup, it’s true, your eyes are not deceiving you. The 36-month residual for the MINI Cooper is in fact 68%. As a matter of fact, MINIUSA is pitching a “limited-time” deal right now where you can get into a MINI Cooper for $500 drive-off and $249 a month (plus tax). The Cooper S on the other hand, doesn’t get any of that love, but is still a very strong lease. I get the feeling BMWFS is going to get shafted in 3 years for fattening the residual up so much. Whatever you can to stay afloat, right? MINI’s are NOT lease-to-buy candidates due to the high residual value. You need to simply lease and return these, so make sure you do not exceed the miles. You also don’t want to trade these in because you will more than likely lose have a lot of negative equity on them as well. Just lease and return. Or you will regret it. Remember to negotiate the sale price on the MINIs, if they are desperate enough to mess with the residuals, then they are desperate enough to make a deal.
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2009 MINI Cooper
2009 MINI Cooper
36-month | 15k miles | residual 68% | .00230 base money factor
2009 MINI Cooper S
36-month | 15k miles | residual 64% | .00230 base money factor
2009 MINI Clubman S
36-month | 15k miles | residual 64% | .00230 base money factor
What kind of rates/residuals on the convert? Thanks.
@kevin. I’ll update the post if I find it.
G – any updates for the convert S?
@DS, sorry, nothing on the ‘vert cooper S. i’ll update the post if i see it.
My girfriend just leased a MINI (not S) before the end of June. I shopped around for her and found out most MINI dealers in So.Cal were ballooning the acquition fee by almost $700 or more.
Only one dealer, where my GF ultimately leased her Mini, came straight and gave her the correct acquition fees ($1000) and gave her a great deal on a Mini that had a significantly higher MSRP than the one advertized on miniusa.com
I think these MINI dealers who are jacking up the acuition fees should be penalized by MINI usa or something. It was just a grossly nasty experience even talking to these non-ethical dealers.
Anyways.. mad props to this website. The most helpful lease site EVER!! Thanks, G!