2010 MINI Cooper Lease Rates – November 2009

logo_miniMy Take: High residual values make the MINI a fairly good lease despite the higher than average money factor. Just make sure you don’t opt to buyout the lease at the end of your term and you should be fine. Despite the lower MF on the S, the Base model is the better value since the S model’s residual value is 5% lower than the Base. The good news about the S is that it’s a cheaper lease than last month.

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2010 Mini Cooper

2010 Mini Cooper Coupe
24-month | 15k miles | residual 66% | .00207 base money factor
36-month | 15k miles | residual 63% | .00215 base money factor
48-month | 15k miles | residual 50% | .00207 base money factor

2010 Mini Cooper S Coupe
24-month | 15k miles | residual 65% | .00207 base money factor
36-month | 15k miles | residual 58% | .00170 base money factor
48-month | 15k miles | residual 48% | .00207 base money factor

2010 Mini Cooper John Cooper Works Coupe
24-month | 15k miles | residual 58% | .00207 base money factor
36-month | 15k miles | residual 52% | .00207 base money factor
48-month | 15k miles | residual 43% | .00207 base money factor

2010 Mini Cooper Clubman Coupe
24-month | 15k miles | residual 65% | .00207 base money factor
36-month | 15k miles | residual 62% | .00195 base money factor
48-month | 15k miles | residual 49% | .00207 base money factor

2010 Mini Cooper Clubman S Coupe
24-month | 15k miles | residual 63% | .00207 base money factor
36-month | 15k miles | residual 60% | .00215 base money factor
48-month | 15k miles | residual 47% | .00207 base money factor

2010 Mini Cooper Clubman John Cooper Works Coupe
24-month | 15k miles | residual 60% | .00207 base money factor
36-month | 15k miles | residual 53% | .00207 base money factor
48-month | 15k miles | residual 45% | .00207 base money factor

2010 Mini Cooper Convertible
24-month | 15k miles | residual 60% | .00207 base money factor
36-month | 15k miles | residual 58% | .00207 base money factor
48-month | 15k miles | residual 44% | .00207 base money factor

2010 Mini Cooper Convertible S
24-month | 15k miles | residual 57% | .00207 base money factor
36-month | 15k miles | residual 55% | .00205 base money factor
48-month | 15k miles | residual 41% | .00207 base money factor

2010 Mini Cooper Convertible John Cooper Works
24-month | 15k miles | residual 56% | .00207 base money factor
36-month | 15k miles | residual 50% | .00207 base money factor
48-month | 15k miles | residual 40% | .00207 base money factor

2009 MINI Cooper Lease Rates – September 2009

logo_miniUpdate: 2009 model lease rates updated. Really not a bad time to lease one. The MF is a bit high, but so is the residual, so its ok. My Take: I find it kind of weird that the 2010 rates are a bit lower than the 2009 rates on the Clubman. Is MINI trying to be more “realistic” with their residual values for the upcoming model year??? I could be wrong, but it is starting to look like it. You probably can’t order 2009 MINIs anymore, so I suggest looking at any remaing 2009 and snagging them as soon as you can. If BMWFS really decides to bring down the residuals, MINI for the 2010 model year will get that much pricier.

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2009 MINI Cooper

2009 Mini Cooper Coupe
24-month | 15k miles | residual 64% | .00223 base money factor
36-month | 15k miles | residual 62% | .00200 base money factor
48-month | 15k miles | residual 48% | .00223 base money factor

2009 Mini Cooper S Coupe
24-month | 15k miles | residual 61% | .00223 base money factor
36-month | 15k miles | residual 60% | .00205 base money factor
48-month | 15k miles | residual 46% | .00223 base money factor

2009 Mini Cooper John Cooper Works Coupe
24-month | 15k miles | residual 58% | .00223 base money factor
36-month | 15k miles | residual 52% | .00223 base money factor
48-month | 15k miles | residual 43% | .00223 base money factor

2009 Mini Cooper Clubman Coupe
24-month | 15k miles | residual 63% | .00223 base money factor
36-month | 15k miles | residual 61% | .00210 base money factor
48-month | 15k miles | residual 48% | .00223 base money factor

2009 Mini Cooper Clubman S Coupe
24-month | 15k miles | residual 62% | .00223 base money factor
36-month | 15k miles | residual 60% | .00220 base money factor
48-month | 15k miles | residual 47% | .00223 base money factor

2009 Mini Cooper Clubman John Cooper Works Coupe
24-month | 15k miles | residual 59% | .00223 base money factor
36-month | 15k miles | residual 52% | .00223 base money factor
48-month | 15k miles | residual 43% | .00223 base money factor

2009 Mini Cooper Convertible
24-month | 15k miles | residual 59% | .00223 base money factor
36-month | 15k miles | residual 54% | .00223 base money factor
48-month | 15k miles | residual 46% | .00223 base money factor

2009 Mini Cooper Convertible S
24-month | 15k miles | residual 59% | .00223 base money factor
36-month | 15k miles | residual 53% | .00223 base money factor
48-month | 15k miles | residual 45% | .00223 base money factor

2009 Mini Cooper Convertible John Cooper Works
24-month | 15k miles | residual 56% | .00223 base money factor
36-month | 15k miles | residual 51% | .00223 base money factor
48-month | 15k miles | residual 42% | .00223 base money factor

2010 MINI Cooper

2010 MINI Cooper Clubman S
36-month | 15k miles | residual 59% | .00250 base money factor

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.

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  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

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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

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.