I’m working on getting the break down… But while I work on that here is what I know:
Demo - Unkown Milage
2019 Mini Cooper S Iconic
MSRP 35630
Sale price - 28000
36m/15k
Due at signing
944.00 Due at Signing - Plates/Registration/First Payment
344 a month afterwards.
Good deal at first glance.
You’ll need to find out what the actual mileage is, what the rv/mf/incentives are, is the sale price before or after incentives? etc
Working on getting the rest of the numbers before committing to make sure theres nothing left on the bone. I want to verify they havent paid the aquc fee, and MF.
And I’ll probably put down some MSD to bring that down .
I don’t know mini leases well and more details will help suss things out, but for a $35k bmw product, $350 a month on a loaner seems high
Minis are not nearly lease subsidized from factory compared to their BMW brand so given the circumstances not a bad deal.
Working on the details. Still dont have a breakdown on the incentives.
MF is .00133 (so no markup)
residual on this one is 57%.
Price is actually 340 a month.
The also have a 2020
MSRP 36135
MF .00133
residual 59
Monthly 366
DAS = 965
2019 is a better overal deal, but I like the color more on the 2020, and it has the new DCT transmission vs the 6spd auto.
MSD should bring the price down ~20 dollars.
I’ve been trying to get a BMW loaner, but all deals around here dont want to lower prices enough.
Also getting a bit bored with BMW for now.
15k miles kills allot of deals. Only 1 other dealer came close to this mini deal, I had like 5 say they couldnt come close, and the best quote I got on a 2020 before this was closer to 440 a month.
Update - different dealer similarish / better deals (These arent demos)
2020 (DAS is first month, I reduced the fees to match.)
36/15k
msrp 37130
Sold Price 32041
Rebates: 1500
Fees 546
Monthly 375
DAS - 375
2019
MSRP 36130
Sale price 29585
rebate - 1500
DAS 335
Fees 546
Month - 335
After some back and forth, will 99% end up with the following:
2020 4dr cooper s iconic (new, not demo)
msrp 37135
sale price 31000
rebates 500 (penfed)
RV 59%
mf .00133 (pre msd)
36/15k miles
$355/month (with tax)
$1004 DAS (1st payment, dealer fee, state fees)
MSD:
2450 (7x350)
Payment
$335
Short version went to see the 2drs. Wife said nope to both 2drs, and the colors I wanted. She said I need the 4dr, and was OK with a very bright color.
The door&color combo brings it down to less then 40 listing on cars.com. Initial dealer offer was for ~440 a month, but they had a different color with a similar package that was also new, listed for ~6k off. I asked if they’d match on the color wife liked. And they said yes.
Thanks to whoever posted that penfed incentive, saved me $500.
Rebate should be 1000