Money Factor

October 2008 Lease Rate for 09 Nissan Maxima

Published by G

My Take: These rates are actually as of Sept 30th, since Tarry posted them a bit late. I’ll keep an eye out for the new numbers in case they pop up. In the meantime, feel free use this as “reference”. There isn’t any lease support anyway, so the lease should get cheaper over time.

UPDATE: The rates have indeed stayed the same as last month for the Maxima. Nothing to cheer about really. Maybe next month they’ll drop the MF a bit and keep the residual the same. That would be a good way to get these rides moving.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Nissan Maxima SV $29,996 $32,685 $470 $444 $589 $526

  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Nissan Maxima SV
24 Month – Residual 68% of MSRP – .00280 Base Rate
36 Month – Residual 58% of MSRP – .00280 Base Rate
48 Month – Residual 45% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

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

2009 Nissan Maxima S
24 Month – Residual 71% of MSRP – .00280 Base Rate
36 Month – Residual 61% of MSRP – .00280 Base Rate
48 Month – Residual 47% of MSRP – .00290 Base Rate
60 Month – Residual 40% of MSRP – .00290 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Mercedes Benz ML-Class

Published by G

My Take: Nothing to get too excited about here. You may get discounts on the sale price, but that MF and residual effectively offset any discounts you get. Pass. May want to try Leasecompare.com to see if 3rd party bank rates are better.

To post specific lease questions, you can join our RIDE Auto Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 64% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 50% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 28% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 50% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Honda Odyssey

Published by G

My Take: No deals here on the Odyssey. You may be able to get a decent sale price, but you won’t get any help in the residual/mf department. As with most Hondas, watch out for the models with RES. The residual values drop significantly, which will make your payments jump.

To post specific lease questions, you can join our RIDE Auto Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Honda Odyssey LX
24 Month – Residual 59% of MSRP – .00370 Base Rate
36 Month – Residual 52% of MSRP – .00270 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX
24 Month – Residual 59% of MSRP – .00370 Base Rate
36 Month – Residual 52% of MSRP – .00270 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L
24 Month – Residual 58% of MSRP – .00370 Base Rate
36 Month – Residual 51% of MSRP – .00270 Base Rate
48 Month – Residual 43% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L w/RES
24 Month – Residual 57% of MSRP – .00370 Base Rate
36 Month – Residual 50% of MSRP – .00270 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L w/RES/Navigation
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Odyssey Touring w/RES/Navigation
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Odyssey Touring w/RES/Navigation/PAX
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Subaru WRX STi

Published by G

My Take: There is about $500 worth of dealer contribution available for the STi. Whether the dealer wants to contribute is a whole other story. I’m willing to bet that as we approach the end of the month, they will be motivated to do so.
Rates are pretty mediocre right now, so you will have to rely heavily on your negotiating skills to get yourself a decent deal out of this. I wouldn’t exactly hold my breath thought. Don’t forget about MSDs, they can really help lower the monthly payments. It beats using your money as cap cost reduction.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Subaru Impreza WRX STi $35,640 $615 $509 $703 $569
  • MSRP $35,640
  • Invoice $33,655
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Subaru Impreza WRX STi Wagon
24 Month – Residual 63% of MSRP – .00265 Base Rate
36 Month – Residual 56% of MSRP – .00240 Base Rate
48 Month – Residual 47% of MSRP – .00240 Base Rate
60 Month – Residual 40% of MSRP – .00290 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Infiniti QX56

Published by G

My Take: Found something interesting on the QX56. Infiniti’s rates are actually higher than those of third party banks. I won’t bother to calculate the payments since I think this SUV is way too expensive to actually lease, but I will post the numbers. You can do some comparison yourself by visiting Leasecompare.com.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Lease Rates through IFS

2008 Infiniti QX56 2WD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 37% of MSRP – .00280 Base Rate

2008 Infiniti QX56 AWD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 38% of MSRP – .00280 Base Rate

Lease Rates through third party

2008 Infiniti QX56 2WD
36 Month – Residual 37% of MSRP – .00261 Base Rate

2008 Infiniti QX56 AWD
36 Month – Residual 38% of MSRP – .00261 Base Rate

FINAL THOUGHTS: The 36-month lease hits the sweet spot, with the same residual as IFS, but a lower money factor. So what are the disadvantages of leasing through a third party bank? Possible disposition fee and lack of GAP coverage (in most cases). You can compensate for the lack of GAP coverage by purchasing it through your insurance company.

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Toyota Highlander & 4Runner

Published by G

My Take: There is some cash rebates available for the 4Runner and the Highlander. With the 4Runner getting a $2500 rebate and the Highlander $1000. Low MF and the rebates help offset the uninspiring residual values. The 4Runner seems to be looking better than the highlander. Without options, you’re looking at mid-$300s after taxes for 36mo/15k. Add a few options and drop to 12k per year and you should be a well equipped 4Runner at around high-$300s after tax.

To post specific lease questions, you can join our RIDE Automotive Forum . Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota Highlander Sport 2WD $29,895 $435 $360 $576 $455
  • MSRP $29,895 ($30,895-$1,000)
  • Invoice $26,578 ($27,578-$1,000)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota Highlander Sport 2WD
24 Month – Residual 55% of MSRP – .00081 Base Rate
36 Month – Residual 48% of MSRP – .00081 Base Rate
48 Month – Residual 40% of MSRP – .00265 Base Rate
60 Month – Residual 32% of MSRP – .00265 Base Rate

At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota 4Runner Sport V6 $30,845 $378 $325 $537 $431
  • MSRP $30,845 ($33,345-$2,500)
  • Invoice $27,087 ($29,587-$2,500)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota 4Runner Sport V6
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2008 Toyota Highlander 2WD
24 Month – Residual 56% of MSRP – .00143 Base Rate
36 Month – Residual 49% of MSRP – .00143 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

2008 Toyota Highlander Limited 2WD
24 Month – Residual 54% of MSRP – .00143 Base Rate
36 Month – Residual 47% of MSRP – .00143 Base Rate
48 Month – Residual 38% of MSRP – .00265 Base Rate
60 Month – Residual 30% of MSRP – .00265 Base Rate

2008 Toyota 4Runner Sport V8
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 09 Audi Q7

Published by G

My Take: To be honest, now is not the time to lease an Audi SUV. Knowing how much these SUV’s go for, they certainly won’t be good leases unless lower MF is introduced and cash rebates are given to compensate for the poor residual values. No cash is available on this model, however, you can get 4.9% financing for up to 60 months. Whether you lease or buy, there’s not much of a “deal” here.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2009 Audi Q7 3.6 Base
24 Month – Residual 55% of MSRP – .00205 Base Rate
36 Month – Residual 47% of MSRP – .00205 Base Rate
48 Month – Residual 38% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Premium
24 Month – Residual 57% of MSRP – .00205 Base Rate
36 Month – Residual 49% of MSRP – .00205 Base Rate
48 Month – Residual 39% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Premium Plus
24 Month – Residual 56% of MSRP – .00205 Base Rate
36 Month – Residual 48% of MSRP – .00205 Base Rate
48 Month – Residual 38% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Prestige
24 Month – Residual 54% of MSRP – .00205 Base Rate
36 Month – Residual 46% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00317 Base Rate
2009 Audi Q7 4.2 Prestige
24 Month – Residual 53% of MSRP – .00190 Base Rate
36 Month – Residual 45% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00317 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Honda CR-V

Published by G

My Take: The numbers aren’t looking very good on the Honda CR-V this month, so I’m not going to bother estimating payments, unless it’s requested. The residual is strong, but the MF is Honda’s standard rate, which means no lease support. Can’t blame them, the CR-V is a solid crossover SUV that’s fair efficient with gas and has pretty good cargo space. It’s not bad to look at either. I think the sweet spot (if you can call it that) would be the 36 and 48 months since the residual values drop “only” about 8%.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Honda CR-V LX 4WD
24 Month – Residual 67% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX 4WD
24 Month – Residual 68% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L 4WD
24 Month – Residual 63% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L w/Navigation 4WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Ratee

Rates provided by Tarry Shebesta from Leasecompare.com