Mini cooper -- countryman - march 2016

Ask the Hackrs
1

Hi Guys,

Any deals on the mini cooper countryman? Any incentives? What’s the MF and Residual?

Thanks!

2

2016 MINI Cooper Countryman
69% residual (24/10K)
62% residual (36/10K)
.00060 MF
$1,000 customer cash

Targeted: $500 MINI Loyalty + $500 Grad

3

thanks! with a residual of 69% — is the 24 month lease more attractive? What’s considerated a good deal on a mini cooper countryman?

4

It really depends on the selling price of the car. If the car were sold at MSRP, then the 36-month term would be more attractive. Think of it this way:

On a 24-month lease, you’re paying 31% of the car’s MSRP over two years (about 16% per year).
On a 36-month lease, you’re paying 38% of the car’s MSRP over three years (about 13% per year).

Now, if there’s a huge discount on the car, then the 24-month term might work out better. MINIs tend be quite popular, however, and sell pretty close to MSRP.