Oklahoma MINI Car Dealers

Hello all. Newbie to this board. I know I should have done all my research before leasing, but I had a busy July. Let's say I want to now learn for a potential 2nd lease opportunity in a few years. I just traded in my 2004 Mini Cooper for a 3yr(10K/year) lease on a 2009 Mini Cooper non-S hardtop. I would like some reassurance that I got an OK deal... I know I didn't get the best deal possible. If I got a bad deal, please let me know, too, so that I know to give my business to another dealership in the future :) Here are my details of the contract... NOTE it's I negotiated $600 off this worksheet price after I saw the first revision. So, these numbers are from the first revision. --- MSRP + Bank Fee = $23975 ($925 for bank fee) Cap Reduction = $6814.68 ------------------------ Net Cap Cost = $17160.32 Adj Residual = $15904.50 (69% of $23050) Tot Term Dep = $1255.82 Monthly Dep = $34.88 Mo Lease Chg = $81.01 ===================== Base Payment $115.89 CA tax = 9.5% = $11.01 ===================== Tot Mo Payment = $126.90 Est Fees/Term = $1067.75 Tot Taxes = $1048.03 1st Payment = $126.90 CAP Red = $6814.68 Sls Tax Upfrnt = $651.67 1st Yr Fees = $361.75 sec Dep = $0 Other Upfnt = $45.00 ====================== Tot Init Pmt = $8000 ---- My questions: 1) what is the $651.67 sales tax upfront? I asked for a quote on a no-trade in scenario (in case I wanted to sell my car private party - would have got more, but I've got no time for it at this point in my life) and the upfront sales tax was $4.28) - did I get taken on this "tax"? I didn't think dealers can add extra state taxes at will, so I figured this was part of the trade-in fee? 2) How is the $81.xx monthly lease charge calculated? It doesn't seem proportional to the monthly depreciation cost. 3) what is my money factor ratio and how's it compare to what is current? (My Fico is around 800) 4) For future reference, what other numbers could I have negotiated besides the $200 on the bank fee? 5) What is "Est Fees/Term = $1067.75"? I'm guessing part of it is the "1st Yr Fees = $361.75" and I understand there's a $350 fee on return of the car. I'm guessing the rest is registration fees for the 2nd and 3rd years? Additional notes: - MSRP was $23,025 - I negotiated for $600 off, bringing down the price to $22,425 (so my adjusted numbers different from above come out to be $106/month, after taxes) - Found out later (glove box) that car was sitting on lot/showroom since 6/9/2009 Thanks in advance!

I actually crossed the MINI off of my short list. The staff at Ray Catena MINI was exceptionally helpful and friendly. The sales manager is a real car guy too. Being a BMW nut, I had EXTREMELY high expectations for the MINI. I thought the car was solid & comfortable. The brakes are close to perfect. It is deceptively quick, I found myself doing 75 on an on ramp in 4th gear (I honestly didn't realize). Visibility is very restricted. I found myself looking under the windshield at every red light. Rearward visibility was just OK. The clutch takeup was very abrupt. I found the ride to be too soft & a little isolated. I actually liked the car until I got back into my Prelude. It just has a much better feel for the road. After leaving the MINI dealer, I went to the Acura dealer and test drove a 2010 TSX. I'm pretty sure that's going to be our next car.

Hi Don_C, I bought a Clubman S from Cincinnati Mini and live in Louisville. See some of my other posts. A few things: a) For me, Cincinnati Mini is 88mi away. b) Careful driving gets me about 33 mpg on both computer & tallied by actual fills. c) Ambient temp makes a big difference on mpg. d) Car is happy on 89 gas, but use 91 in the summer, for sure! It's never happy with 87 gas (note that I have the turbo). e) Car purrs best on Shell Super. I also found that Costco Premium gas is also a good match for the car. It does NOT like Speedway or Kroeger's gas, and Thornton is OK. f) I have no problems with the car so far, except for a bit of rear weatherstripping coming loose.

Sorry for the delay in my response. I could go for fewer features, but I have the cash if I want the options, problem is I personally can't get past the price of a MINI. I want someone to tell me it is "OK" to buy one when I could get an IS instead. It is the practicle side of me holding me up. As far as an getting an IS around $30K, I believe I can get a dealer to come down to $30K and yes, it would have no extras, but the standard items are comparable to the MINI built the way I want it. (I.e. -Standard wheels are 17's, sunroof, 6 disk CD, Leather, you get the picture). I don't know what I am going to do...I might just buy a bus pass.

ne problem (maybe): I didn't remove the Blue gov't consumer sticker. By law, I think the buyer is supposed to remove it. I want it for my files. (OK. I've been called worse names over things like this) You mean the Monrone label or window sticker? The detail dept always takes that off first and usually folds it up in the owners manual. As for the service contract you can always call and cancel it if you don't like it.