My Take: Couple of things to keep in mind about the Subby Forester. The Residuals increase by 1% instead of 2% from 15k to 12k miles. Then another 1% from 12k to 10k. The numbers don’t look too bad, so certainly worth a look. I’m not seeing any rebates on this, but they are running some “specials” on the 2009s. There is also special financing available ranging from 2.9% for short term loans and 4.9% for longer terms (72 months).
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2009 Subaru Forester
2009 Subaru Forester X Limited
36-month | 15k miles | residual 54% | .0011 base money factor
2009 Subaru Forester XT Limited
36-month | 15k miles | residual 57% | .0011 base money factor
UPDATE Here are the rest of the 2010 Prius lease rates. The residuals are just insanely high. Imagine a car that holds 50% of it’s value over a 5 year period! I guess we’ll see if that’s the true resale value of the Prius in the next few years.
My Take: Those are some pretty bad residual values on the MDX this month. I’m not liking the money factor either, is still too high for my taste. Invoice price (or below it) should be attainable for the most part, but I’m not seeing any cash incentives that would sweeten the deal a bit more. This is certainly a nice SUV, but not really recommended if you plan to lease.
My Take: Holy Bad Money Factors Batman! Did you see that? .00347 MF!!! with the lowest being only .00270 on the Luxury E350, E550 and E550 Sport. Residuals are pretty good though, for Benz. My recommendation is to wait it out. The car just came out, so its going to take a few disappointing months for MBZFS to bring things down a bit.
My Take: Who wasn’t to overpay for a Honda Insight? Not you. Residual might be high, but the money factor isn’t very attractive. Of course, with a reasonably low price tag and high residual, the payments may very well remain “reasonable” despite the higher money factor. I still think it looks too much like a Prius, which prompts me to ask this question…Why get an a wannabe Prius, when you can just get the Prius?
UPDATED Clubman S added! Still looking for the convertibles.
My Take: As I mentioned before in the VW CC post, it seems VW is going the “Lease-to-Buy” route, with these lower residual values/lower money factors. Normally, I wouldn’t mind owning a VW, but their reputation for quality is a bit “spotty”, so I would probably think twice about leasing the car and buying it out at lease end. Factor in the fact that VWs have only 36-month bumper -to-bumper warranty and you really have to think long and hard about this before you pull the trigger. I guess I probably would do this as a 3rd car, but not so much as a daily driver.