Money Factor

November 2008 Lease Rate for 09 Nissan GT-R

Published by G

My Take: Ever wonder how much it would cost you to lease a Nissan GT-R? Wonder no more! For my amusing lease of the day, I decided to pop in a few numbers into the calculator and see what we would be looking at. I did this back in August for the Audi R8 and these are the numbers I got:

24mo Payment: $2693 at invoice, $3098 at MSRP
36mo Payment: $2188 at invoice, $2467 at MSRP

Now for the GT-R:

24mo Payment: $1096 at invoice, $1308 at MSRP
36mo Payment: $1089 at invoice, $1236 at MSRP

Looks pretty good to me! The problem is, you can’t get a GT-R at invoice or at MSRP for that matter. TMV suggests $10,000 markup and I’m inclined to believe that its more like 20k. I can probably lease TWO GT-Rs for the price of one R8.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Nissan GT-R Base
24 Month – Residual 71% of MSRP – .00335 Base Rate
36 Month – Residual 60% of MSRP – .00335 Base Rate
48 Month – Residual 48% of MSRP – .00335 Base Rate
60 Month – Residual 40% of MSRP – .00335 Base Rate

2009 Nissan GT-R Premium
24 Month – Residual 70% of MSRP – .00335 Base Rate
36 Month – Residual 59% of MSRP – .00335 Base Rate
48 Month – Residual 47% of MSRP – .00335 Base Rate
60 Month – Residual 39% of MSRP – .00335 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rate for 08 Land Rover LR3

Published by G

My Take: I watched the new James Bond movie this weekend and I noticed Ford spent a good chunk of their marketing cash advertising their line up. I probably saw the LR3 more than any other Ford on the film. On a side note, an old beat-up Ford Bronco got some screen time, imagine that! Anyway, Ford Credit lease rate are terrible right now, so avoid leasing through them. Go with an independent bank or find one using Leasecompare.com if you don’t have one.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2008 Land Rover LR3 SE
24 Month – Residual 38% of MSRP – .00321 Base Rate
36 Month – Residual 31% of MSRP – .00351 Base Rate
48 Month – Residual 24% of MSRP – .00393 Base Rate

2008 Land Rover LR3 HSE
24 Month – Residual 37% of MSRP – .00321 Base Rate
36 Month – Residual 31% of MSRP – .00351 Base Rate
48 Month – Residual 23% of MSRP – .00393 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rate for 08 Mitsubishi Lancer Evolution

Published by G

My Take: I’m not sure I can recommend leasing the Lancer EVO GSR or MR at the moment. The MF is rather tempting on the GSR, but don’t let it fool you, it still will cost you upwards of $600 if you want options. The better alternative is to buy using the 0% financing plus the $500 loyalty and $500 military rebates available if you qualify.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2008 Mitsubishi Lancer Evolution GSR
24 Month – Residual 63% of MSRP – .00129 Base Rate
36 Month – Residual 54% of MSRP – .00320 Base Rate
48 Month – Residual 44% of MSRP – .00320 Base Rate
60 Month – Residual 37% of MSRP – .00320 Base Rate

2008 Mitsubishi Lancer Evolution MR
24 Month – Residual 58% of MSRP – .00320 Base Rate
36 Month – Residual 50% of MSRP – .00320 Base Rate
48 Month – Residual 41% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rate for 09 Honda Pilot

Published by G

My Take: There aren’t cash rebates for the Pilot this month, but you can get special financing at 3.9% for 60 months. I would lease personally since the interest rate is lower. If you want to lease the EX, I think the sweet spot would be a 36 month/12k mile term. Assuming you can get it at invoice, your payments should hover around $386 + tax with inception fees due at signing. Thats not bad for $30k dollar SUV that sits 6-8 people.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Honda Pilot 4WD EX $29,657 $32,665 $513 $403 $641 $490

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 Honda Pilot 4WD EX
24 Month – Residual 57% of MSRP – .00110 Base Rate
36 Month – Residual 52% of MSRP – .00110 Base Rate
48 Month – Residual 43% of MSRP – .00290 Base Rate
60 Month – Residual 35% of MSRP – .00290 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Honda Pilot 4WD EX-L
24 Month – Residual 55% of MSRP – .00110 Base Rate
36 Month – Residual 49% of MSRP – .00110 Base Rate
48 Month – Residual 41% of MSRP – .00290 Base Rate
60 Month – Residual 34% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD EX-L w/ RES
24 Month – Residual 54% of MSRP – .00110 Base Rate
36 Month – Residual 48% of MSRP – .00110 Base Rate
48 Month – Residual 40% of MSRP – .00290 Base Rate
60 Month – Residual 34% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD LX
24 Month – Residual 56% of MSRP – .00110 Base Rate
36 Month – Residual 51% of MSRP – .00110 Base Rate
48 Month – Residual 42% of MSRP – .00290 Base Rate
60 Month – Residual 35% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD Touring w/Nav
24 Month – Residual 53% of MSRP – .00110 Base Rate
36 Month – Residual 47% of MSRP – .00110 Base Rate
48 Month – Residual 39% of MSRP – .00290 Base Rate
60 Month – Residual 33% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD Touring w/Nav/Res
24 Month – Residual 52% of MSRP – .00110 Base Rate
36 Month – Residual 48% of MSRP – .00110 Base Rate
48 Month – Residual 38% of MSRP – .00290 Base Rate
60 Month – Residual 32% of MSRP – .00290 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rats for 08 Infiniti M35 and 09 Infiniti FX

Published by G

My Take: The M35 seems to have a lot of rebates available so you can probably a get a hefty discount. One thing keep in mind is that the M35 leases better at the 36 month and 48 month terms due to a discount on the money factor. There is also 0.9% financing for up to 72 months so that is also a good alternative to leasing. The FX isn’t seeing much of a discount or any lease support at the moment. Still a relatively new SUV, so I’m not very surprised. I would recommend holding out until next year, to see if the numbers improve.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
08 Infiniti M35 Sedan $41,158 $44,715 $1058 $585 $1218 $684
09 Infiniti FX35 2WD $39,789 $43,015 $862 $614 $1006 $711

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2008 Infiniti M35 Sedan
24 Month – Residual 46% of MSRP – .00325 Base Rate
36 Month – Residual 45% of MSRP – .00001 Base Rate
48 Month – Residual 37% of MSRP – .00096 Base Rate
60 Month – Residual 31% of MSRP – .00198 Base Rate

2009 Infiniti FX35 2WD
24 Month – Residual 56% of MSRP – .00325 Base Rate
36 Month – Residual 53% of MSRP – .00228 Base Rate
48 Month – Residual 44% of MSRP – .00218 Base Rate
60 Month – Residual 38% of MSRP – .00223 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Infiniti FX35 AWD
24 Month – Residual 57% of MSRP – .00325 Base Rate
36 Month – Residual 54% of MSRP – .00228 Base Rate
48 Month – Residual 45% of MSRP – .00218 Base Rate
60 Month – Residual 38% of MSRP – .00211 Base Rate

2009 Infiniti FX50 AWD
24 Month – Residual 53% of MSRP – .00325 Base Rate
36 Month – Residual 50% of MSRP – .00223 Base Rate
48 Month – Residual 42% of MSRP – .00213 Base Rate
60 Month – Residual 36% of MSRP – .00208 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rates for 09 VW Routan and Tiguan

Published by G

My Take: VW’s brand new Minivan (Routan) has a fairly attractive leasing offer right now. There aren’t any cash rebates, but the residual and money factor is fairly attractive. Remember that you can save yourself anywhere from $20-$30 per month if you opt for the 12k mile term instead of the 15k mile term. That will boost your residual value about 2%. The Tiguan continues to have fairly low money factors and high residual value this month so it is a good alternative if you are looking to lease something with decent cargo room. There is “special” financing available starting at 3.9% for 36 months and so on. The longer the term, the higher the percentage.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 VW Routan S $24,021 $25,390 $420 $332 $478 $371
09 VW Tiguan SE 4Motion $27,636 $29,565 $462 $383 $544 $439

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 VW Routan S
24 Month – Residual 58% of MSRP – .00085 Base Rate
36 Month – Residual 52% of MSRP – .00085 Base Rate
48 Month – Residual 44% of MSRP – .00141 Base Rate

2009 VW Tiguan SE 4Motion
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 47% of MSRP – .00184 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 VW Routan S w/ RSE
24 Month – Residual 55% of MSRP – .00085 Base Rate
36 Month – Residual 49% of MSRP – .00085 Base Rate
48 Month – Residual 41% of MSRP – .00141 Base Rate

2009 VW Routan SE
24 Month – Residual 58% of MSRP – .00137 Base Rate
36 Month – Residual 52% of MSRP – .00137 Base Rate
48 Month – Residual 44% of MSRP – .00184 Base Rate

2009 VW Routan SE w/ RSE
24 Month – Residual 55% of MSRP – .00137 Base Rate
36 Month – Residual 49% of MSRP – .00137 Base Rate
48 Month – Residual 41% of MSRP – .00184 Base Rate

2009 VW Routan SEL
24 Month – Residual 58% of MSRP – .00137 Base Rate
36 Month – Residual 52% of MSRP – .00137 Base Rate
48 Month – Residual 44% of MSRP – .00184 Base Rate

2009 VW Routan SEL Premium
24 Month – Residual 56% of MSRP – .00137 Base Rate
36 Month – Residual 50% of MSRP – .00137 Base Rate
48 Month – Residual 42% of MSRP – .00184 Base Rate

2009 VW Routan SEL w/ RSE
24 Month – Residual 55% of MSRP – .00137 Base Rate
36 Month – Residual 49% of MSRP – .00137 Base Rate
48 Month – Residual 41% of MSRP – .00184 Base Rate

2009 VW Tiguan S
24 Month – Residual 58% of MSRP – .00135 Base Rate
36 Month – Residual 51% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00184 Base Rate

2009 VW Tiguan SE
24 Month – Residual 58% of MSRP – .00135 Base Rate
36 Month – Residual 51% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00184 Base Rate

2009 VW Tiguan SEL
24 Month – Residual 58% of MSRP – .00135 Base Rate
36 Month – Residual 51% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00184 Base Rate

2009 VW Tiguan SEL 4Motion
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 47% of MSRP – .00184 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rates for 09 Acura TSX and TL

Published by G

My Take: The residual values are strong on the 09 TSX and TL, but the money factor is still the deal-killer here. Way too high in my opinion. I can’t justify leasing a sub-$30k car for $400+ per month after taxes. That’s just too much. I won’t even get into the payments on the TL, ridiculous. I think something has got to give between now and sometime early next year. The money factors should drop more. I think the base TSX leasing around $350 after taxes (with inception due at signing) is reasonable, while the TL base should be somewhere in the low $400s with tax and inception fees due at signing. That would ideal.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TSX Base $27,381 $29,720 $424 $369 $527 $440
09 Acura TL Sedan $32,896 $35,715 $524 $458 $650 $545

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 Acura TSX Base
24 Month – Residual 68% of MSRP – .00263 Base Rate
36 Month – Residual 62% of MSRP – .00263 Base Rate
48 Month – Residual 52% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

2009 Acura TL Sedan
24 Month – Residual 68% of MSRP – .00290 Base Rate
36 Month – Residual 62% of MSRP – .00290 Base Rate
48 Month – Residual 53% of MSRP – .00290 Base Rate
60 Month – Residual 40% of MSRP – .00290 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Acura TSX w/Navigation
24 Month – Residual 65% of MSRP – .00263 Base Rate
36 Month – Residual 59% of MSRP – .00263 Base Rate
48 Month – Residual 49% of MSRP – .00290 Base Rate
60 Month – Residual 36% of MSRP – .00290 Base Rate

2009 Acura TL Sedan SH-AWD
24 Month – Residual 65% of MSRP – .00290 Base Rate
36 Month – Residual 61% of MSRP – .00290 Base Rate
48 Month – Residual 52% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

2009 Acura TL Sedan SH-AWD Tech
24 Month – Residual 63% of MSRP – .00290 Base Rate
36 Month – Residual 58% of MSRP – .00290 Base Rate
48 Month – Residual 49% of MSRP – .00290 Base Rate
60 Month – Residual 37% of MSRP – .00290 Base Rate

2009 Acura TL Sedan Tech
24 Month – Residual 65% of MSRP – .00290 Base Rate
36 Month – Residual 59% of MSRP – .00290 Base Rate
48 Month – Residual 50% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

Rates provided by Leasecompare.com

November 2008 Lease Rates for 08/09 Lexus ES and IS models

Published by G

My Take: The rates for the 09 Lexus ES and IS look promising this month. I get the feeling that the days of leasing a $30k+ luxury car for $300s a month with just inception fees and taxes are over. After looking at Infiniti’s 09 G37s, I’m starting to think that the banks have decided not to inflate residual values too much. Good for them, bad for us. In any case, Lexus residual values could use a boost, but the money factors are pretty good. There is a $1000 cash rebate for current/former ES owners, so be sure to take advantage of that if you have/had an ES. FYI…invoice data isn’t available on the 09 IS and ES on Edmunds so you’ll have to guess as to what it is. I suspect it should be around $2000 or so under MSRP.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Lexus IS250 Sedan AT N/A $33,150 N/A N/A $600 $478
09 Lexus ES350 N/A $35,145 N/A N/A $659 $521

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 Lexus IS250 Sedan AT
24 Month – Residual 60% of MSRP – .00090 Base Rate
36 Month – Residual 53% of MSRP – .00090 Base Rate
48 Month – Residual 44% of MSRP – .00090 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus ES350
24 Month – Residual 58% of MSRP – .00080 Base Rate
36 Month – Residual 51% of MSRP – .00080 Base Rate
48 Month – Residual 42% of MSRP – .00080 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Lexus ES350 w/ Ultra Luxury
24 Month – Residual 56% of MSRP – .00080 Base Rate
36 Month – Residual 49% of MSRP – .00080 Base Rate
48 Month – Residual 40% of MSRP – .00080 Base Rate
60 Month – Residual 31% of MSRP – .00275 Base Rate

2008 Lexus ES350 Sedan
24 Month – Residual 54% of MSRP – .00025 Base Rate
36 Month – Residual 47% of MSRP – .00025 Base Rate
48 Month – Residual 38% of MSRP – .00025 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate

2008 Lexus ES350 Ultra-Luxury Sedan
24 Month – Residual 52% of MSRP – .00025 Base Rate
36 Month – Residual 45% of MSRP – .00025 Base Rate
48 Month – Residual 36% of MSRP – .00025 Base Rate
60 Month – Residual 27% of MSRP – .00275 Base Rate

2009 Lexus IS250 Sedan AT AWD
24 Month – Residual 60% of MSRP – .00095 Base Rate
36 Month – Residual 53% of MSRP – .00095 Base Rate
48 Month – Residual 44% of MSRP – .00095 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus IS250 Sedan MT
24 Month – Residual 60% of MSRP – .00130 Base Rate
36 Month – Residual 53% of MSRP – .00130 Base Rate
48 Month – Residual 44% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus IS350 Sedan AT
24 Month – Residual 58% of MSRP – .00135 Base Rate
36 Month – Residual 51% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 34% of MSRP – .00275 Base Rate

2008 Lexus IS250 Manual Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS250 Automatic Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS250 AWD Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS350 Sedan
24 Month – Residual 53% of MSRP – .00065 Base Rate
36 Month – Residual 46% of MSRP – .00065 Base Rate
48 Month – Residual 37% of MSRP – .00065 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate