Money Factor

July 2008 Lease Rate for 08 Audi A5

Published by G

2008 Audi A5 6-Speed Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 Base Rate

2008 Audi A5 Tiptronic Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Good News! The A5 is a VERY sweet car. Bad News! The rates STILL suck. A5 looks sweetest in black. The accent lighting on the headlights makes the car look super-futuristic and gives off an “oooh-ahhhh” type of reaction, kind of like BMWs “Halo” lighting. It may take some months before we start seeing better lease rates on the A5. Hopefully, your lease isn’t expiring too soon if you are aiming for the A5. Just keep your eyes peeled on the rates every month, and the moment they drop to your price range, jump on it. That’s what I did with my G37 and I think I got the best deal of the year thus far.

July 2008 Lease Rate for 08 BMW Z4

Published by G

2008 BMW Z4 3.0si Coupe
24 Month – Residual 61% of MSRP – .00190 Base Rate
36 Month – Residual 51% of MSRP – .00190 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 3.0i Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

2008 BMW Z4 3.0si Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 M Coupe
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 M Convertible
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The “Land Shark” has started to show it’s age, so it looks like BMW is looking to push these cars out the dealer lots a bit. Note the slightly lower MFs and fairly high residual values. There’s a new Z4 in the horizon. Check it out! Not exactly getting my blood boiling with excitement, but I’m rather sick of looking at the current Z4.

July 2008 Lease Rate for 08 Cadillac STS

Published by G

2008 Cadillac STS V6
24 Month – Residual 64% of MSRP – .00165 Base Rate
36 Month – Residual 55% of MSRP – .00165 Base Rate
48 Month – Residual 46% of MSRP – .00165 Base Rate

2008 Cadillac STS V
24 Month – Residual 69% of MSRP – .00165 Base Rate
36 Month – Residual 58% of MSRP – .00165 Base Rate
48 Month – Residual 50% of MSRP – .00165 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Looks like Caddy inflated the residuals for the STS and kept the MF relatively decent. Ugh…I really can’t say too much about this car. It’s like a boat with wheels, probably drives like one too. Life. Liberty. and the Pursuit….of what? The only Caddy worth it’s metal and rubber is the CTS. That’s about it. Looks like Caddy will be doing some “pursuing” for a while. I’ll take an E-Class any day over the STS…Any given day.

July 2008 Lease Rate for 08 Mercedes Benz E-Class

Published by G

2008 Mercedes E320 BlueTec Sedan
24 Month – Residual 62% of MSRP – .00150 Base Rate
36 Month – Residual 55% of MSRP – .00225 Base Rate
48 Month – Residual 46% of MSRP – .00225 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2008 Mercedes E350 Luxury Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 40% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E350 Luxury 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 40% of MSRP – .00100 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes E350 Sport Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 40% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E350 Sport 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 40% of MSRP – .00100 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes E350 4matic Wagon
24 Month – Residual 44% of MSRP – .00215 Base Rate
36 Month – Residual 41% of MSRP – .00215 Base Rate
48 Month – Residual 33% of MSRP – .00215 Base Rate
60 Month – Residual 27% of MSRP – .00215 Base Rate

2008 Mercedes E550 Sport Sedan
24 Month – Residual 55% of MSRP – .00150 Base Rate
36 Month – Residual 47% of MSRP – .00150 Base Rate
48 Month – Residual 39% of MSRP – .00150 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E550 Sport 4matic Sedan
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes E63 AMG Sedan
24 Month – Residual 58% of MSRP – .00100 Base Rate
36 Month – Residual 49% of MSRP – .00175 Base Rate
48 Month – Residual 42% of MSRP – .00175 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2008 Mercedes E63 AMG Wagon
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: This probably my favorite MB sedan. This is also MBs bread and butter from what I understand. The MF is pretty low (by MB standards) on most of the E models, with residual values a bit higher than the CL, CLK, CLS models I posted earlier. As mentioned last month, expect a new E-Class roll in for the 2009 model year. It’s looking GOOOOOD! See below!

2009 E-Class

July 2008 Lease Rate for 08/09 Mercedes Benz CL, CLS, CLK

Published by G

2008 Mercedes CL550 Coupe
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 50% 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 CL600 Coupe
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

2008 Mercedes CL63 AMG Coupe
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes CL65 V12 AMG Coupe
(residual not found on this one)
24 Month – Residual 49% of MSRP – .00365 Base Rate
36 Month – Residual 43% of MSRP – .00330 Base Rate
48 Month – Residual 37% of MSRP – .00330 Base Rate
60 Month – Residual 32% of MSRP – .00330 Base Rate

2008 Mercedes CLK350 Coupe
24 Month – Residual 56% of MSRP – .00025 Base Rate
36 Month – Residual 46% of MSRP – .00070 Base Rate
48 Month – Residual 39% of MSRP – .00070 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes CLK350 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 52% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Coupe
24 Month – Residual 53% of MSRP – .00025 Base Rate
36 Month – Residual 44% of MSRP – .00070 Base Rate
48 Month – Residual 37% of MSRP – .00070 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes CLK63 AMG Convertible
24 Month – Residual 47% of MSRP – .00385 Base Rate
36 Month – Residual 40% 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 CLS550 Sedan
24 Month – Residual 61% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2008 Mercedes CLS63 AMG Sedan
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes CLS550
24 Month – Residual 66% of MSRP – .00230 Base Rate
36 Month – Residual 54% of MSRP – .00230 Base Rate
48 Month – Residual 46% of MSRP – .00230 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2009 Mercedes CLS63 AMG
24 Month – Residual 63% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The rates didn’t seem to change much from June, with the CLK being the only car worth leasing at the moment. Unfortunately the residual is still ridiculously lower than expected for a MB. Imagine paying almost 50% of that CLK within two years! OUCH! At least the MF is low enough to ease the pain. If you want a MB convertible, this is probably not a bad time to jump into one. I think MBs are meant to be bought, which isn’t unexpected. With quality issues and super expensive maintenance and repair fees, not even MB wants their cars back.

July 2008 Lease Rate for 08 BMW X-Series

Published by G

2008 BMW X3 3.0si 4WD SUV
24 Month – Residual 72% of MSRP – .00240 Base Rate
36 Month – Residual 62% of MSRP – .00240 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 63% of MSRP – .00240 Base Rate
36 Month – Residual 53% of MSRP – .00240 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 55% of MSRP – .00215 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 61% of MSRP – .00270 Base Rate
36 Month – Residual 50% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 BMW X6 xDrive50i Wagon
24 Month – Residual 55% of MSRP – .00270 Base Rate
36 Month – Residual 46% of MSRP – .00270 Base Rate
48 Month – Residual 37% of MSRP – .00270 Base Rate
60 Month – Residual 31% of MSRP – .00270 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Lease rates aren’t looking very attractive right now for all X-Series models. X5 4.8 has the lowest MF right now. If you want other alternatives, check out the Land Rover Range Rover. Again, I’m not trying to pitch Fords, its just that their rates seem more attractive and they all fall under the same class of vehicles.

July 2008 Lease Rate for 08 BMW 6-Series

Published by G

2008 BMW 650Ci Coupe
24 Month – Residual 65% of MSRP – .00205 Base Rate
36 Month – Residual 55% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW 650CiC Convertible
24 Month – Residual 67% of MSRP – .00205 Base Rate
36 Month – Residual 57% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW M6 Coupe
24 Month – Residual 68% of MSRP – .00250 Base Rate
36 Month – Residual 57% of MSRP – .00250 Base Rate
48 Month – Residual 41% of MSRP – .00270 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 BMW M6 Convertible
24 Month – Residual 68% of MSRP – .00250 Base Rate
36 Month – Residual 57% of MSRP – .00250 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 32% of MSRP – .00270 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: I don’t like leasing cars with MFs higher than .002 or around 4.8%. Actually that’s still a bit high with today’s interest rates. Not to mention all the manufacturer’s pitching 0% financing for 72 months, it makes it hard to justify leasing cars with high money factors.

July 2008 Lease Rates for 08/09 Mercedes Benz S, SL, SLK-Class

Published by G

2009 Mercedes SL550
24 Month – Residual 68% of MSRP – .00385 Base Rate
36 Month – Residual 57% of MSRP – .00350 Base Rate
48 Month – Residual 47% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2009 Mercedes SL600
24 Month – Residual 66% of MSRP – .00385 Base Rate
36 Month – Residual 56% of MSRP – .00350 Base Rate
48 Month – Residual 47% of MSRP – .00350 Base Rate
60 Month – Residual 42% of MSRP – .00350 Base Rate

2009 Mercedes SL63 AMG
24 Month – Residual 65% of MSRP – .00385 Base Rate
36 Month – Residual 54% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes SL65 AMG
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2009 Mercedes SLK350
24 Month – Residual 63% of MSRP – .00315 Base Rate
36 Month – Residual 55% of MSRP – .00300 Base Rate
48 Month – Residual 47% of MSRP – .00300 Base Rate
60 Month – Residual 42% of MSRP – .00350 Base Rate

2009 Mercedes SLK55
24 Month – Residual 60% of MSRP – .00385 Base Rate
36 Month – Residual 53% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2008 Mercedes S550 Sedan
24 Month – Residual 56% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S550 4matic Sedan
24 Month – Residual 57% of MSRP – .00250 Base Rate
36 Month – Residual 49% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S600 V12 Sedan
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S63 AMG Sedan
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 47% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes S65 AMG Sedan
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 33% of MSRP – .00350 Base Rate
60 Month – Residual 27% of MSRP – .00350 Base Rate

2008 Mercedes SL550 Convertible
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes SL600 Convertible
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 30% of MSRP – .00350 Base Rate

2008 Mercedes SL55 AMG Convertible
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes SL65 AMG Convertible
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 43% 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 SLK280 Convertible
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes SLK350 Convertible
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2008 Mercedes SLK55 AMG Convertible
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 50% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 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
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: I won’t lie to you, these leases are probably not even worth inquiring about because of the extremly high MF and low residual values. Even if there were some hefty cash rebates, I don’ think it would offset these horrible rates.