November 2008 Lease Rates for 09 MINI Cooper

My Take: This month’s MINI Cooper S lease rates are pretty weird. The 24 month lease at invoice is actually cheaper than the 36 month lease at invoice. However, if you get it at MSRP, the 24 month lease is more expensive than the 36 month lease. That means that you should probably go with the MSRP pricing because MINI doesn’t discount their cars much, if any. Relatively cheap, but keep in mind that the more options you add, the more expensive this car gets. It is safe to say that your lease will probably start at around $286 and go up from there depending on your options. I’ve been trying to get the wife to warm up to the idea of leasing a MINI when her TSX is up but she’s not biting. I guess she’s more of a Mercedes Benz type of gal. LOL. Oh boy!

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Mini Cooper S $20,405 $22,600 $206 $219 $303 $286

  • 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.
  • Cars ranked from lowest payment to highest payment.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 Mini Cooper S Coupe
24 Month – Residual 78% of MSRP – .00239 Base Rate
36 Month – Residual 69% of MSRP – .00239 Base Rate
48 Month – Residual 58% of MSRP – .00239 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Mini Cooper Coupe
24 Month – Residual 78% of MSRP – .00239 Base Rate
36 Month – Residual 69% of MSRP – .00239 Base Rate
48 Month – Residual 57% of MSRP – .00239 Base Rate

2009 Mini Cooper John Cooper Works Coupe
24 Month – Residual 74% of MSRP – .00239 Base Rate
36 Month – Residual 65% of MSRP – .00239 Base Rate
48 Month – Residual 55% of MSRP – .00239 Base Rat

October 2008 Lease Rate for 08/09 MINI Cooper

My Take: The MINI Coopers are looking quite good this month with the 09 models out, you can take advantange of the super high residual values. The money factors are less than desirable, but the residual does help offset the high interest. Word of caution, this car has boat load of options, the more you add, the more expensive it gets. There aren’t any major inceptives here, but you can probably get the lowest rate without a security deposit. Expect payments in the mid-$300 to high-$300 range for a well-equipped model of the Cooper S and high-$200, low-$300 for the base Cooper.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Mini Cooper Coupe $17,345 $19,200 $176 $187 $258 $242
09 Mini Cooper Coupe S $20,405 $22,600 $206 $220 $303 $286

2009 Mini Cooper Coupe
24 Month – Residual 78% of MSRP – .00239 Base Rate
36 Month – Residual 69% of MSRP – .00239 Base Rate
48 Month – Residual 57% of MSRP – .00239 Base Rate

2009 Mini Cooper Coupe S
24 Month – Residual 78% of MSRP – .00239 Base Rate
36 Month – Residual 69% of MSRP – .00239 Base Rate
48 Month – Residual 58% of MSRP – .00239 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Mini Cooper Coupe John Cooper Works
24 Month – Residual 74% of MSRP – .00239 Base Rate
36 Month – Residual 65% of MSRP – .00239 Base Rate
48 Month – Residual 55% of MSRP – .00239 Base Rate

2008 Mini Cooper Coupe
24 Month – Residual 73% of MSRP – .00219 Base Rate
36 Month – Residual 64% of MSRP – .00219 Base Rate
48 Month – Residual 54% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe S
24 Month – Residual 70% of MSRP – .00219 Base Rate
36 Month – Residual 61% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman
24 Month – Residual 71% of MSRP – .00219 Base Rate
36 Month – Residual 63% of MSRP – .00219 Base Rate
48 Month – Residual 53% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman S
24 Month – Residual 69% of MSRP – .00219 Base Rate
36 Month – Residual 61% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible
24 Month – Residual 64% of MSRP – .00219 Base Rate
36 Month – Residual 57% of MSRP – .00219 Base Rate
48 Month – Residual 47% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible S
24 Month – Residual 65% of MSRP – .00219 Base Rate
36 Month – Residual 57% of MSRP – .00219 Base Rate
48 Month – Residual 48% of MSRP – .00219 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

The 2008 Short Bus (BOUNCEwithB’s new 08 Cooper S)

Here he is all clean and purty.  My only complaint so far is the harsh runflats.  Thanks to Adam @ Brian Harris Mini for the excellent experience and the free floor mats.

Used the lease figures from G’s June post for the Cooper S.  Got 16k for my GTI.  Security deposit waived, approx 700 down to cover title, license, first month’s payment.  Right under $400/month for 36 months.

Mellow Yellow 1Mellow Yellow 2

Mellow Yellow 3Mellow Yellow 4

August 2008 Lease Rate 08 MINI Cooper

My Take: You won’t find any discounts here unfortunately. You want a MINI? Order one. You want a deal? You probably won’t find one anywhere. Dealers are known to jack up the MF to make extra cash, so be aware of that. Seems like a common BMW practice so I am not surprised. These babies seem to be very popular these days because of their fuel efficient and go-kart manners.

If you like the site and would like to receive my latest posts, please consider subscribing to our newsletter on a reader or have it delivered to your email. Got questions? JOIN the RIDE AUTO FORUM TODAY!

  • MINI Cooper S + Lounge Leather + Convenience + Premium + Metallic Paint
  • MSRP $27,350
  • Invoice $24,762
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Mini Cooper Coupe S
24 Month – Residual 72% of MSRP – .00219 Base Rate
36 Month – Residual 62% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

24mo Payment: $309 at invoice, $422 at MSRP
36mo Payment: $308 at invoice, $386 at MSRP
48mo Payment: $310 at invoice, $370 at MSRP

As if you could actually get the car for invoice…oh well, it is still nice to see the range nonetheless. If I had to get a MINI right now, this is the one I would get. There’s a $500 charge for metallic paint, so you can save some cash if you go with just a glossy paint job. Man, makes me want to get one just looking at the payments. Surely, not the cheapest thing around, but it’s a MINI! It saves gas and you’ll have fun doing so.

2008 Mini Cooper Coupe
24 Month – Residual 76% of MSRP – .00219 Base Rate
36 Month – Residual 65% of MSRP – .00219 Base Rate
48 Month – Residual 53% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman
24 Month – Residual 74% of MSRP – .00219 Base Rate
36 Month – Residual 63% of MSRP – .00219 Base Rate
48 Month – Residual 52% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman S
24 Month – Residual 71% of MSRP – .00219 Base Rate
36 Month – Residual 61% of MSRP – .00219 Base Rate
48 Month – Residual 50% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible
24 Month – Residual 66% of MSRP – .00219 Base Rate
36 Month – Residual 57% of MSRP – .00219 Base Rate
48 Month – Residual 47% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible S
24 Month – Residual 67% of MSRP – .00219 Base Rate
36 Month – Residual 57% of MSRP – .00219 Base Rate
48 Month – Residual 47% of MSRP – .00219 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.

June 2008 Lease Rate for 08 Mini Cooper

2008 Mini Cooper Coupe
24 Month – Residual 77% of MSRP – .00219 Base Rate
36 Month – Residual 66% of MSRP – .00219 Base Rate
48 Month – Residual 55% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe S
24 Month – Residual 73% of MSRP – .00219 Base Rate
36 Month – Residual 63% of MSRP – .00219 Base Rate
48 Month – Residual 52% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman
24 Month – Residual 74% of MSRP – .00219 Base Rate
36 Month – Residual 64% of MSRP – .00219 Base Rate
48 Month – Residual 53% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman S
24 Month – Residual 73% of MSRP – .00219 Base Rate
36 Month – Residual 62% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible
24 Month – Residual 67% of MSRP – .00219 Base Rate
36 Month – Residual 58% of MSRP – .00219 Base Rate
48 Month – Residual 48% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible S
24 Month – Residual 68% of MSRP – .00219 Base Rate
36 Month – Residual 58% of MSRP – .00219 Base Rate
48 Month – Residual 48% of MSRP – .00219 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The MF for all Mini’s is pretty much the same across the board, which is a good thing. It’s probably not the lowest MF, but it isn’t as ridiculous as GMAC’s. Strong residual values make this car a very attractive lease. These cars may be priced reasonably, but when you start tacking on the options, it gets expensive very quickly.