09 Toyota Venza Lease Rates – May 2009

logo_toyotaMy Take: Looks like Toyota isn’t exactly pushing to lease these things. I have to say though, the residual values are might high, so even with a .00255 mf, this lease may not be as bad as some may think. I would certainly would not call this a “deal” though.

2009 Toyota Venza

2009 Toyota Venza 2WD
24-month | 15k miles | residual 67% | .00255 base money factor
36-month | 15k miles | residual 60% | .00255 base money factor
48-month | 15k miles | residual 51% | .00255 base money factor
60-month | 15k miles | residual 42% | .00255 base money factor

2009 Toyota Venza V6 2WD
24-month | 15k miles | residual 67% | .00255 base money factor
36-month | 15k miles | residual 60% | .00255 base money factor
48-month | 15k miles | residual 51% | .00255 base money factor
60-month | 15k miles | residual 42% | .00255 base money factor

2009 Toyota Venza AWD
24-month | 15k miles | residual 68% | .00255 base money factor
36-month | 15k miles | residual 61% | .00255 base money factor
48-month | 15k miles | residual 52% | .00255 base money factor
60-month | 15k miles | residual 43% | .00255 base money factor

2009 Toyota Venza V6 AWD
24-month | 15k miles | residual 68% | .00255 base money factor
36-month | 15k miles | residual 61% | .00255 base money factor
48-month | 15k miles | residual 52% | .00255 base money factor
60-month | 15k miles | residual 43% | .00255 base money factor

09 Audi A5/S5 Lease Rates – May 2009

logo_audiMy Take: Better late than never, right? Sorry, apparently, I forgot to post the A5/S5 rates for May. Lucky, you may still get a few days to use it. Thanks to Gerry for posting the question otherwise I would have never noticed. Money factors suck, residual so-so. Stick with the A5 unless you feel like pay a lot of money on interest. Better yet, if you are shopping for a S5, money shouldn’t really be an issue, should it? LOL. Hope you are all having a great weekend. I’m stuck with house cleaning and caretaker duties since the wife is out with a cold.

2009 Audi A5/S5

2009 Audi A5 6-Speed Coupe
24-month | 15k miles | residual 56% | .00215 base money factor
36-month | 15k miles | residual 49% | .00215 base money factor
48-month | 15k miles | residual 42% | .00336 base money factor

2009 Audi A5 Tiptronic Coupe
24-month | 15k miles | residual 56% | .00215 base money factor
36-month | 15k miles | residual 49% | .00215 base money factor
48-month | 15k miles | residual 42% | .00336 base money factor

2009 Audi S5 6-Speed Coupe
24-month | 15k miles | residual 61% | .00316 base money factor
36-month | 15k miles | residual 54% | .00316 base money factor
48-month | 15k miles | residual 47% | .00336 base money factor

2009 Audi S5 Tiptronic Coupe
24-month | 15k miles | residual 61% | .00316 base money factor
36-month | 15k miles | residual 54% | .00316 base money factor
48-month | 15k miles | residual 47% | .00336 base money factor

09 Honda Pilot Lease Rates – May 2009

logo_hondaMy Take: There is $1500 in cash to dealer that is set to expire 6/30/09. If you want a Pilot right now, be sure to take that cash into consideration. Again, I’d like to remind you that DEALER CASH is not the same as CUSTOMER CASH. When it comes to CUSTOMER CASH, you are entitled to it, as for the DEALER CASH, that’s pretty much at dealer discretion. I often get questions regarding whether I can confirm the DEALER CASH, the reality is that I can’t. If the dealer needs to make the sale, they’ll tap into it. I usually advice that you take it into consideration when negotiating with your dealer, not by asking him/her for it directly, but by including it in your offer price. As far as the Pilot’s lease is concerned, the “Nav/RES” packages really drop the residual signinficantly so be careful with that. The Pilot may be a decent lease-to-buy because the financing APR isn’t very low (5.99% for 60 months). If you were to lease-to-buy a Touring model with Nav and RES for example, you would pay 3.624% on 55% of the car and then you would either payoff the remainder in a balloon payment or finance the rest (hopefully at an interest rate lower than 5.99%). If you manage to get an APR lower than 5.99% for the remaining 45% of the car’s value, you’ll probably save yourself a decent chunk of change.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Honda Pilot 4WD EX $29,747 $32,765 $534 $440 $664 $529

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Honda Pilot

2009 Honda Pilot 4WD EX
24-month | 15k miles | residual 57% | .00151 base money factor
36-month | 15k miles | residual 50% | .00151 base money factor

2009 Honda Pilot 4WD EX-L
24-month | 15k miles | residual 55% | .00151 base money factor
36-month | 15k miles | residual 48% | .00151 base money factor

2009 Honda Pilot 4WD EX-L w/ RES
24-month | 15k miles | residual 54% | .00151 base money factor
36-month | 15k miles | residual 47% | .00151 base money factor

2009 Honda Pilot 4WD LX
24-month | 15k miles | residual 57% | .00151 base money factor
36-month | 15k miles | residual 50% | .00151 base money factor

2009 Honda Pilot 4WD Touring w/Nav
24-month | 15k miles | residual 53% | .00151 base money factor
36-month | 15k miles | residual 46% | .00151 base money factor

2009 Honda Pilot 4WD Touring w/Nav/Res
24-month | 15k miles | residual 52% | .00151 base money factor
36-month | 15k miles | residual 45% | .00151 base money factor

09 Lexus GS Lease Rates – May 2009

logo_lexusMy Take: I’m not digging the residual value on this ride. Way too low on the 36-month term. I am guessing Lexus is being more “realistic” with their residual values since many banks are getting nailed for inflating residual values (I’m looking at you Infiniti). In any case, the money factor, in my opinion, isn’t low enough to make it a great “Lease-to-Buy” candidate (3.24% APR). If you can secure a lower finance rate to buy this car, I would suggest doing that instead.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Lexus GS350 AWD $43,129 $47,825 $891 $712 $1093 $849

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Lexus GS

2009 Lexus GS350
24-month | 15k miles | residual 49% | .00135 base money factor
36-month | 15k miles | residual 42% | .00135 base money factor

2009 Lexus GS350 AWD
24-month | 15k miles | residual 50% | .00135 base money factor
36-month | 15k miles | residual 43% | .00135 base money factor

2009 Lexus GS460
24-month | 15k miles | residual 47% | .00125 base money factor
36-month | 15k miles | residual 40% | .00125 base money factor

09 Acura TL Lease Rates – May 2009

logo_acuraMy Take: I guess I did have another lease rate before my trip! LOL Anyway, I had to do some “guesstimating” on the 24 month residuals, but the 36 month numbers should be right in line with what you are seeing at the dealers (hopefully). Remember, if you are getting different results from your local dealer, be sure to post them here for the rest of us. The residual values have dropped on the TL in May so AHFC dropped the money factors a bit. Payments should practically stay the same. Regarding pricing, I would not go beyond invoice. Period. If anything, I would try going $500-$1000 below, depending on your market. But this is just my opinion as a consumer. Remember, if you need help analyzing deals, I will need ALL of the information pertaining to the lease, not just MSRP, down payment and monthly payment.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Acura TL $32,896 $35,715 $526 $456 $650 $540

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Acura TL

2009 Acura TL Sedan
24-month | 15k miles | residual 65% | .00220 base money factor
36-month | 15k miles | residual 58% | .00220 base money factor

2009 Acura TL Sedan SH-AWD
24-month | 15k miles | residual 63% | .00220 base money factor
36-month | 15k miles | residual 56% | .00220 base money factor

2009 Acura TL Sedan SH-AWD Tech
24-month | 15k miles | residual 60% | .00220 base money factor
36-month | 15k miles | residual 53% | .00220 base money factor

2009 Acura TL Sedan Tech
24-month | 15k miles | residual 62% | .00220 base money factor
36-month | 15k miles | residual 55% | .00220 base money factor

09 Mercedes Benz ML, R Lease Rates – May 2009

logo_benzMy Take: Alright everyone, this is the last set of lease rates I have for now. I will in the Bay Area this weekend so my ability respond to your questions will be limited. I will post more rates if any of them show up between now and Friday, but until then, I hope what we currently have will hold you guys over until I return.

Before I leave for the long weekend, I want to leave you all with a few thoughts for the month of May. Mercedes Benz is having some SERIOUSLY attractive leases right now. I have been hammering about the C350 (over the C300) for about 3 months now and I will continue to do so until I see the numbers get worse. I would get a C350 myself if I could get someone to assume my lease on the G37, but is unlikely to happen any time soon. I don’t know how much longer MB Financial will keep things up, so in on it while the getting is good. Also look into the CLK since it will be discontinued; Probably due to the fact that the E-Class will also come in coupe form. The 2010 E-Class is currently being unveiled from dealership to dealership across the US. As a matter of fact, they are unveiling it tomorrow night at the Mercedes Benz of Long Beach from 5pm to 8pm. If you are in the area, stop by and check it out. I will try to make if I can find the time. If you go, be sure to chat with our Dealerplace contact, Aaron McCroskey. He’s a good guy and will answer all your questions regarding MB cars. If you in the market for a BMW and you are also in So Cal, be sure to speak with Dave Persaud, he’s a good guy too. Lastly, Michael Stewart is the guy for all Lexus shoppers in El Paso, Texas and surrounding areas. Very informative and always willing to help. Whether you email or call, I am positive they will offer you great service. I’m also working on a couple internet sales guys from Infiniti so I will keep you posted on those.

Now, as for the MLs and the R. Stick with the ML350 4WD since it has the best money factor. You could go with the ML320, but there just aren’t many of those to choose from on most lots. Always make sure you are prepared before talking to your dealer. Have a payment range in mind, a sale price in mind and inquire about all inception fees. If you come prepared, you will make it easier on the dealer as well since they don’t have to go back and forth with you.

2009 Mercedes G

2009 Mercedes ML320 CDI 4WD SUV
24-month | 15k miles | residual 60% | .00185 base money factor
36-month | 15k miles | residual 53% | .00147 base money factor
48-month | 15k miles | residual 42% | .00147 base money factor

2009 Mercedes ML350 4WD SUV
24-month | 15k miles | residual 52% | .00120 base money factor
36-month | 15k miles | residual 45% | .00067 base money factor
48-month | 15k miles | residual 37% | .00067 base money factor

2009 Mercedes ML350 RWD SUV
24-month | 15k miles | residual 53% | .00120 base money factor
36-month | 15k miles | residual 45% | .00094 base money factor
48-month | 15k miles | residual 37% | .00094 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes ML550 4WD SUV
24-month | 15k miles | residual 47% | .00220 base money factor
36-month | 15k miles | residual 39% | .00280 base money factor
48-month | 15k miles | residual 33% | .00280 base money factor
60-month | 15k miles | residual 29% | .00395 base money factor

2009 Mercedes ML63 AMG 4WD SUV
24-month | 15k miles | residual 50% | .00120 base money factor
36-month | 15k miles | residual 42% | .00052 base money factor
48-month | 15k miles | residual 36% | .00052 base money factor
60-month | 15k miles | residual 30% | .00395 base money factor

2009 Mercedes R350
24-month | 15k miles | residual 50% | .00200 base money factor
36-month | 15k miles | residual 46% | .00175 base money factor
48-month | 15k miles | residual 34% | .00175 base money factor
60-month | 15k miles | residual 29% | .00395 base money factor

09 Mercedes Benz G, GL Lease Rates – May 2009

logo_benzMy Take: The GL is currently a better lease than the G. Sure, they are both slightly different rides which cater to different crowds, but they are both SUVs which server similar functions. I think the GL450 is probably a good balance of price, residual and money factor compared to the other two trims.

2009 Mercedes G

2009 Mercedes G550
24-month | 15k miles | residual 48% | .00430 base money factor
36-month | 15k miles | residual 44% | .00395 base money factor
48-month | 15k miles | residual 36% | .00395 base money factor

2009 Mercedes G55 AMG
24-month | 15k miles | residual 45% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 35% | .00395 base money factor

2009 Mercedes GL

2009 Mercedes GL320
24-month | 15k miles | residual 54% | .00132 base money factor
36-month | 15k miles | residual 49% | .00089 base money factor
48-month | 15k miles | residual 40% | .00089 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 57% | .00120 base money factor
36-month | 15k miles | residual 51% | .00074 base money factor
48-month | 15k miles | residual 39% | .00074 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 50% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 37% | .00074 base money factor

09/10 BMW 6-Series Lease Rates – May 2009

logo_bmwMy Take: The 6-series for both 2009 and 2010 are pretty decent leases right now simply because the residual values are pretty high. You can probably drop them down a bit by using MSDs instead of cap cost reduction so be sure to opt for that instead. Another thing I want to stress, make sure you PAY off your inception fees INCLUDING the Acquisition fee. Many times, the Acquisition fee is rolled into the lease loan. Not a good idea since that is probably the largest of all inception fees. So you will be paying taxes AND interest on the largest fee of the bunch. Bad idea. Ask the dealer to identify all your inception fees, have him/her total them including applicable taxes and cut a check for that. As far as which one I would lease, I would probably opt for a 2009 model even if the money factor on the 2010 is only .00010 more than the 2009. I think the 2010 will have a higher base price anyway, so you might as well stick with the 09s since the residuals are practically identical.

2010 BMW 6-Series

2010 BMW 650i Coupe
24-month | 15k miles | residual 58% | .00200 base money factor
36-month | 15k miles | residual 54% | .00200 base money factor

2010 BMW 650i Convertible
24-month | 15k miles | residual 62% | .00200 base money factor
36-month | 15k miles | residual 57% | .00200 base money factor

2010 BMW M6 Coupe
24-month | 15k miles | residual 62% | .00200 base money factor
36-month | 15k miles | residual 57% | .00200 base money factor

2010 BMW M6 Convertible
24-month | 15k miles | residual 62% | .00200 base money factor
36-month | 15k miles | residual 57% | .00200 base money factor

2009 BMW 6-Series

2009 BMW 650i Coupe
24-month | 15k miles | residual 58% | .00190 base money factor
36-month | 15k miles | residual 54% | .00190 base money factor
48-month | 15k miles | residual 29% | .00260 base money factor

2009 BMW 650i Convertible
24-month | 15k miles | residual 62% | .00190 base money factor
36-month | 15k miles | residual 57% | .00190 base money factor
48-month | 15k miles | residual 31% | .00260 base money factor

2009 BMW M6 Coupe
24-month | 15k miles | residual 62% | .00190 base money factor
36-month | 15k miles | residual 57% | .00190 base money factor
48-month | 15k miles | residual 31% | .00260 base money factor

2009 BMW M6 Convertible
24-month | 15k miles | residual 62% | .00190 base money factor
36-month | 15k miles | residual 57% | .00190 base money factor
48-month | 15k miles | residual 33% | .00260 base money factor