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  #1  
Old 02-13-2006, 01:57 PM
jetstream23 jetstream23 is offline
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Mini Cooper S Convert. as a 3rd, "fun" car?

First time to the MINI board and I'm glad you guys are here. Are there any people here who own both a BMW sedan and bought a Mini essentially to be a fun car?

My wife and I are considering two options - 1) Wait another year or so and trade in the 330i for an M3 convertible (probably a 2004 CPO) or 2) Just get a 3rd car such as a MINI for zipping around town and enjoying the top down.

We want a convertible but I'm not sure about having a 3rd car since its just the two of us and paying a 3rd vehicle license tax, insurance, etc. may not be a good idea.

Is it possible to get a decently equiped Cooper S convertible under $30K? What about CPOs? Might it be a good idea to try to find a two year old convertible closer to $20K ? We don't need Navigation or anything too fancy, and we certainly don't need any kind of cold weather package or heated seats. I'm just looking for a fun, sporty convertible to take out on weekends.

Thanks for the help.
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  #2  
Old 02-13-2006, 04:59 PM
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Arthur Arthur is offline
04 IR/NB ZHP
Location: Mckinney, Texas
 
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Looks like we have the same ZHP, and we just bought a chili cooper s with just about every option for right at 30K. Its a blast! In a way its more fun to drive than a ZHP. I took a corner at 50 in the cooper with barely a squeal from the tires. Its really revvy and a nice change when she lets me drive it.

Last edited by Arthur; 02-13-2006 at 05:02 PM.
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  #3  
Old 02-13-2006, 09:52 PM
jetstream23 jetstream23 is offline
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Quote:
Originally Posted by Arthur
Looks like we have the same ZHP, and we just bought a chili cooper s with just about every option for right at 30K. Its a blast! In a way its more fun to drive than a ZHP. I took a corner at 50 in the cooper with barely a squeal from the tires. Its really revvy and a nice change when she lets me drive it.
Cool, so you have an IR 330 and a Chili Red Mini Cooper? You must like red, huh? I do like the Chili Red and that would probably be the color I'd get. Can you post pictures? Thanks.
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  #4  
Old 02-14-2006, 09:39 AM
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Arthur Arthur is offline
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  #5  
Old 02-14-2006, 12:14 PM
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kevjandon kevjandon is offline
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Why not buy an M Roadster for the 3rd car? Resale will be much better when your done with it.

I've had 3rd toy cars for years and to offset the cost of the additional taxes, insur. and lisc. you must buy a car that will have resale of what you paid for it.

The cooper will not do that for you.

An M roadster, M Coupe, Porsche 911 Cab or coupe, would be a much better weekend car and investment IMHO.

Remember, the idea with the third car is to sell it for what you paid for it or more.

A 30K mini, while cute and fun, will depreciated 5k to 10k over the next 3 years. Espically with the new body style comming out in 2007.
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  #6  
Old 02-14-2006, 01:17 PM
jetstream23 jetstream23 is offline
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Quote:
Originally Posted by kevjandon
Why not buy an M Roadster for the 3rd car? Resale will be much better when your done with it.

I've had 3rd toy cars for years and to offset the cost of the additional taxes, insur. and lisc. you must buy a car that will have resale of what you paid for it.

The cooper will not do that for you.

An M roadster, M Coupe, Porsche 911 Cab or coupe, would be a much better weekend car and investment IMHO.

Remember, the idea with the third car is to sell it for what you paid for it or more.

A 30K mini, while cute and fun, will depreciated 5k to 10k over the next 3 years. Espically with the new body style comming out in 2007.
How on Earth would an M coupe or M roadster be worth more than what I paid for it after 3 years?

Appreciate the suggestions. I will look into those but I do want 4 seats.
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  #7  
Old 02-14-2006, 02:07 PM
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Arthur Arthur is offline
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Location: Mckinney, Texas
 
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Note that 30K buys $1800 English Panther Leather, and while feeling great, isn't worth that kind of money. I had a 2000 323 with leathertte that felt great for 0$. Also if you want a stick you will save another $1500. You can get a nicely equipped S for 25K. Throw on the stripes and someone will buy it 3 years from now for decent money, but so what if they don't? You're only spending 25K, not 50 or 60, even 80 for the 911 mentioned earlier.
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  #8  
Old 02-14-2006, 03:01 PM
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kevjandon kevjandon is offline
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Your buying a car as a 3rd car. It is not going to receive a lot of miles. Low mileaged, limited production cars like an S54 M Coupe or Roadster have already lost all the depreciation they are going to loose and in time will regain their full purchase value and then some. A Mini S vert. will never do that. The only mini that will is the GP edition (if it even comes here) or Mini S with factory JCW's which starts at 29K for a stripped model.

As for the Porsche, I'm not talking a new water pumping 996, you can buy a very low mileaged 911 SC for under 20K and have the creame of the crop. Jump to 30K and you'll have a very nice 89 Carrera Cab, maybe even a wide body. Drive it for two years and I assure you, you'll sell it for more. Here is a list of cars I've owned. I sold all for more than I paid for them:

1979 911 SC
1983 911 SC
1970 911 T
1990 911 C2
1955 550 Replica
1969 VW Bug with Factory Sun Roof
2001 BMW M Coupe (current Weekend Car and is worth more than I paid as only 6xx units were produced)

All cars above were show quality and most were entered in Concour and won. All were weekend garage queens. All were sold for more than I paid. Of course finding them wasn't easy, but well worth it.

There are a lot of great weekend toys cars that can be had for 25 to 30K that are far better than a cooper S Vert. IMO. Why not an E36 M3 Vert?? 2002 Lexus SC is a vert w/4 seats, Mercedes Benz CLK is a nice vert and came in the amg edition, 95 Toyota Supra Turbo had a targa top. Mitsu. 3000 GT VR-4 had a vert. all had 4 seats and low mileaged examples can be had for under 30K and your taxes, registration and insurance will be less and your re-sale will be much better. Plus they are all faster than the MINI.
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  #9  
Old 02-14-2006, 03:27 PM
Arthur's Avatar
Arthur Arthur is offline
04 IR/NB ZHP
Location: Mckinney, Texas
 
Join Date: Sep 2004
Posts: 189
Mein Auto: 04 Imola Zhp
Quote:
Originally Posted by kevjandon
Your buying a car as a 3rd car. It is not going to receive a lot of miles. Low mileaged, limited production cars like an S54 M Coupe or Roadster have already lost all the depreciation they are going to loose and in time will regain their full purchase value and then some. A Mini S vert. will never do that. The only mini that will is the GP edition (if it even comes here) or Mini S with factory JCW's which starts at 29K for a stripped model.

As for the Porsche, I'm not talking a new water pumping 996, you can buy a very low mileaged 911 SC for under 20K and have the creame of the crop. Jump to 30K and you'll have a very nice 89 Carrera Cab, maybe even a wide body. Drive it for two years and I assure you, you'll sell it for more. Here is a list of cars I've owned. I sold all for more than I paid for them:

1979 911 SC
1983 911 SC
1970 911 T
1990 911 C2
1955 550 Replica
1969 VW Bug with Factory Sun Roof
2001 BMW M Coupe (current Weekend Car and is worth more than I paid as only 6xx units were produced)

All cars above were show quality and most were entered in Concour and won. All were weekend garage queens. All were sold for more than I paid. Of course finding them wasn't easy, but well worth it.

There are a lot of great weekend toys cars that can be had for 25 to 30K that are far better than a cooper S Vert. IMO. Why not an E36 M3 Vert?? 2002 Lexus SC is a vert w/4 seats, Mercedes Benz CLK is a nice vert and came in the amg edition, 95 Toyota Supra Turbo had a targa top. Mitsu. 3000 GT VR-4 had a vert. all had 4 seats and low mileaged examples can be had for under 30K and your taxes, registration and insurance will be less and your re-sale will be much better. Plus they are all faster than the MINI.
I have a friend with a white 1980 smiley face 911. It is beautiful, and garaged for the weekend, but is $1000 every service visit. That is just basic maintenence. He needs to get the air fixed on it too, but don't go there $$$. Trade offs for every side of a coin.
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  #10  
Old 02-16-2006, 07:10 AM
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kevjandon kevjandon is offline
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Your buddy needs to learn how to do the maint. himself. A 911 SC is about the easiest car to fix. Also, who needs air cond. when you have a vert. Defeats the purpose.
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  #11  
Old 02-27-2006, 09:06 PM
snagger snagger is offline
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Go take the Cooper S for a drive. I drove a convertible S and found it a little too heavy to be much fun, but YMMV.
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