We are looking to order a $30,000 S coupe.

We are in Florida so have a few different dealers in the area to negotiate with.

What type of discount should I shoot for?

Any recent buying experiences you can share?

 

I am in Miami but have purchased all my MINIs (since 2002) from Lauderdale MINI. It is likely that a MINI dealer is more willing to discount on a car already in their lot. Discounts depend on the car, equipment and the desperation level of the dealer to let go of it. I have heard of discounts anywhere between $500 to $2000.

Dealers generally have zero incentive to discount factory ordered custom cars. The rationale for this is that the car doesn't exist in the first place and there is a higher likelyhood that the customer may back out from the order by the time the built car arrives in the showroom.

If you like, send me a PM and I'll give you the name of my Motoring Advisor girl at Lauderdale MINI. I'll send you to her as my referral and she'll treat you like a "KING". Don't forget to use the code word "BULLDOG" when talking to her for additional discounts.

I have given her and Lauderdale MINI lots of business referrals over the years.


Where in Florida are you at?

 

if you wanted to be a **** about it, you could put in a factory order, then when it arrives be all, "well, you know, in this economy I'm not sure buying this car is such a good idea... it's a nice car, and I want it very much... but it is a lot of money..."

that is, if you wanted to be a **** about it.

edit: oooo, an auto-censor...

 

I second Lauderdale MINI. I have bought both of my cars there because of the deals they offered me. Plus, Bonnie (the sales manager) is awesome!

Orlando MINI has about 100 cars on their lot right now. Traditionally they have been unwilling to deal, but now... who knows. Larry is the person to talk to there.

 

Thanks for the info! I will let you know how it goes!

 

Talk to Jessica Confessore. She is my MA at Lauderdale MINI. Tell her that "ClubmanS" in NAM is sending you to her as referral.

 

bulldog! I knew I forgot something!

>>

 

Does Mini of Ft Lauderdale charge dealer fee's?

 

Wait. You want Mini to give you a complementary English Bulldog with your new Mini?

 

Talk to Jessica directly.

 

fishbert,

This isn't the only time you have offered this suggestion. Tell us the truth : were you a ****?

 

hey guys

went to the dealership this weekend with my bf in SoCal.

I could have walked away with at least 1K off for a MCS. We are deciding between a 2006 low mileage Mini or just buying a new one. Not quite ready to buy yet and i think if we wait a bit more, Mini will be willing to deal more.

Ive seen 2006 used ones for 18K-20K. Looks like it makes sense to just buy new. What do you guys think.

 

Is that from one on the lot?

 

it was for a mini off the lot. i went to nick alexander mini which i believe is the largest dealership in the country.

they have ~200 cars in invesntory

 

Just as an FYI, I was quoted $750 off sticker from Bob Smith Mini for an 09 Clubman S on the lot which was minimally equipped. I wonder if this trend will continue.... I'd be more than happy to grab one that's $1k off sticker.... as opposed to other makes that are giving as much as $4k off sticker on a $25k msrp car....

 

Looks like the Mini March rates are have gone in the wrong direction....

Mini Cooper Auto Lease Programs – Effective March 2009



Follow these 3 steps for the best lease deal!

1) Use the data listed below each vehicle model, and the Lease Formula at the bottom of this page, to calculate a manufacturer (captive) lease payment.

2) Compare special Bank Lease programs by clicking on the vehicle model name to see instant lease payments.

3) You’ve done your homework, now choose the best lease and start driving your car!

NOTE: Choosing a lease program, captive or bank, with the lowest money factor and a realistic residual value will provide you with the best overall leasing option.


2009 Mini Cooper Coupe
24 Month – Residual 72% of MSRP – .00219 Base Rate
36 Month – Residual 64% of MSRP – .00219 Base Rate
48 Month – Residual 54% of MSRP – .00219 Base Rate

2009 Mini Cooper S Coupe
24 Month – Residual 69% of MSRP – .00219 Base Rate
36 Month – Residual 61% of MSRP – .00219 Base Rate
48 Month – Residual 52% of MSRP – .00219 Base Rate

2009 Mini Cooper John Cooper Works Coupe
24 Month – Residual 67% of MSRP – .00219 Base Rate
36 Month – Residual 59% of MSRP – .00219 Base Rate
48 Month – Residual 50% of MSRP – .00219 Base Rate

2009 Mini Cooper Clubman Coupe
24 Month – Residual 72% of MSRP – .00219 Base Rate
36 Month – Residual 63% of MSRP – .00219 Base Rate
48 Month – Residual 52% of MSRP – .00219 Base Rate

2009 Mini Cooper Clubman S Coupe
24 Month – Residual 69% of MSRP – .00219 Base Rate
36 Month – Residual 60% of MSRP – .00219 Base Rate
48 Month – Residual 50% of MSRP – .00219 Base Rate

2009 Mini Cooper Clubman John Cooper Works Coupe
24 Month – Residual 65% of MSRP – .00219 Base Rate
36 Month – Residual 57% of MSRP – .00219 Base Rate
48 Month – Residual 47% of MSRP – .00219 Base Rate

2009 Mini Cooper Convertible
24 Month – Residual 66% of MSRP – .00219 Base Rate
36 Month – Residual 60% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

2009 Mini Cooper Convertible S
24 Month – Residual 65% of MSRP – .00219 Base Rate
36 Month – Residual 59% of MSRP – .00219 Base Rate
48 Month – Residual 50% 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

Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment

Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)

NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.

 

great info FLNSX thanks. Just posted in a earlier thread where I was able to negotiate 2000 off from an ordered 09 MCS.

 

actually, 3 dealers here in S Florida say that the .00219 rate is incorrect. They say the buy rate with perfect credit is .00250.

Can anyone confirm? Do the rates vary per state? They say the .00219 is for a pre-paid lease....

 

I think they're lying to you. BMWFS allows dealers to mark up money factors by up to .0004 which would equal .00259 in this case. Sounds like they're trying to mark your rate up.

 

Consumer Reports recommends you ask for $1250 off the base $18500 price.
They say this still gives a fair profit to the dealer. They talked me down to $800 off. I should have asked for free mats so it was more like $700.
There is not much wiggle room on options so I didn't bother to try to ask for anything off. For most of the $500 options the dealer pays $450.
I am however very suspicious of these prices. I think the dealer must be getting something because I can't see why they would want to make the cars more expensive if they don't get any real profit out of the extras.
A good example is the black interior ceiling for $500. I can't see why anybody would want this (at$500). It seems like the dealer just put it on to jack up the price.

 

Actually the anthracite headliner is $250 unless included with another package....and most people buy it because they think it looks better. Markup on both base price and options is about 10% so the more loaded a car, the more the dealer makes off of it, simple as that.

 

And don't forget that for dealer installed options (anything on the last page of the configurator) they get to charge their outrageously high labor rates to install.

 

After selling a bunch of cars, the dealer has a good idea of what options people want and what looks good in his inventory. Getting the options at his cost is probably the easiest discount to get since selling the unit counts toward his future allocation, not how loaded it is.

 

Last time I was looking, I swear I could get them to go down quite a bit. I'd imagine currently, you could get it down to near invoice? But from what some of you are saying, that's not the case...

 

And truly one doesn't look any better than the other. Just different shades of the same color. We've got one with and one without anthracite. Without running out to the garage, I couldn't tell you what the difference is.