09 Infiniti M Lease Rates – April 2009

logo_infinitiMy Take: The 36-month lease seems to be the better deal on the M35 this month compared to 48-month lease. I’m no seeing any dealer or customer cash on the M35 this month, however, I’m get the feeling invoice or less is fairly reasonable since M35 don’t sell as well as the Gs, FX or even the EX. Last March’s M sales figures were just shy of 900 units, whereas nearly 2900 Gs were sold on the same month. See what I mean? Anyway, a little FYI for Infinitis…you have to add 1% for 12k mile leases and 2% for 10k mile leases instead of 2% and 3% respectively.

At Invoice At MSRP
Make/Model Invoice MSRP 36-month 48-month 36-month 48-month
2009 Infiniti M35 $43,151 $46,665 $636* $653** $735* $733**

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 Infiniti M

2009 Infiniti M35
24-month | 15k miles | residual 46% | .00325 base money factor
36-month | 15k miles | residual 45% | .00033 base money factor
48-month | 15k miles | residual 37% | .00189 base money factor

2009 Infiniti M35 AWD
24-month | 15k miles | residual 47% | .00325 base money factor
36-month | 15k miles | residual 46% | .00041 base money factor
48-month | 15k miles | residual 38% | .00189 base money factor

09 Mercedes Benz GL Lease Rates – April 2009

logo_benzMy Take: GL money factors looks pretty good this month with the GL550 getting some major love from MB. They dropped the money factor from .00395 to .00074, which translates to thousands in savings! If you where eye-balling the GL550 these last few months, this month looks like a great time to inquire about it’s lease. If the price tag is a bit too high, check out the GL320 and GL450, they still have very good residuals and money factors, for a Mercedes.

2009 Mercedes GL

2009 Mercedes GL320
24-month | 15k miles | residual 56% | .00070 base money factor
36-month | 15k miles | residual 49% | .00035 base money factor
48-month | 15k miles | residual 42% | .00035 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 58% | .00120 base money factor
36-month | 15k miles | residual 51% | .00095 base money factor
48-month | 15k miles | residual 41% | .00095 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 51% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 39% | .00074 base money factor

09 Mercedes Benz ML Lease Rates – April 2009

logo_benzMy Take: The the ML350 and the ML320 are probably the better leases this month. The ML350 has a fairly low residual value, but the money factor is good (not great though). Then you have ML320 which has a much higher residual value and the money factor is still within an acceptable range. The bad news is that this month’s rates are much worse than March 2009’s numbers. The good news is that MB has been fairly competitive in pricing lately, so you should definitely check with a few dealers to see who’s willing to give you the best deal.

2009 Mercedes ML

2009 Mercedes ML320 CDI 4WD SUV
24-month | 15k miles | residual 62% | .00185 base money factor
36-month | 15k miles | residual 53% | .00147 base money factor
48-month | 15k miles | residual 44% | .00147 base money factor

2009 Mercedes ML350 4WD SUV
24-month | 15k miles | residual 54% | .00120 base money factor
36-month | 15k miles | residual 45% | .00080 base money factor
48-month | 15k miles | residual 39% | .00080 base money factor

2009 Mercedes ML550 4WD SUV
24-month | 15k miles | residual 48% | .00220 base money factor
36-month | 15k miles | residual 39% | .00280 base money factor
48-month | 15k miles | residual 35% | .00280 base money factor

2009 Mercedes ML63 AMG 4WD SUV
24-month | 15k miles | residual 50% | .00430 base money factor
36-month | 15k miles | residual 42% | .00395 base money factor
48-month | 15k miles | residual 37% | .00395 base money factor

09 Honda Accord, Odyssey Lease Rates – April 2009

logo_hondaMy Take: It’s rather funny how most people associate “high resale value” with all of Honda’s cars when in reality, only a select few retain their value well. Take the Odyssey for example, this is probably the best minivan on the road, yet its residual value is a paltry 46% after 36 months. Lease residual values may poor guestimates of real resale value, but there is still some truth to them (In most cases, resale are that much better while trade-in values are much worse). The only two rides that hold value exceptionally well are the Civic and the Accord, since they are fairly inexpensive and highly sought after. Normally, I would take the time to calculate the payment estimates for these two rides, but with the money factors this high, I would recommend that you look into a purchase instead of a lease.

2009 Honda Accord

2009 Honda Accord Coupe EX-L
24-month | 15k miles | residual 61% | .00225 base money factor
36-month | 15k miles | residual 54% | .00225 base money factor
48-month | 15k miles | residual 45% | .00305 base money factor

2009 Honda Odyssey

2009 Honda Odyssey EX-L w/ Res & Nav
24-month | 15k miles | residual 53% | .00250 base money factor
36-month | 15k miles | residual 46% | .00250 base money factor
48-month | 15k miles | residual 38% | .00305 base money factor

09 Audi Q7 Lease Rates – April 2009

logo_audiMy Take: Like always, the Q7 has a really low residual value and a low money factor. Ideally, the money factor should be lower to compensate for the low residuals, but I think the Q7 is selling at or below invoice nowadays, which isn’t too bad.

2009 Audi Q7

2009 Audi Q7 3.6 Base
24-month | 15k miles | residual 52% | .00035 base money factor
36-month | 15k miles | residual 48% | .00035 base money factor
48-month | 15k miles | residual 34% | .00377 base money factor

2009 Audi Q7 3.6 Premium
24-month | 15k miles | residual 50% | .00035 base money factor
36-month | 15k miles | residual 43% | .00035 base money factor
48-month | 15k miles | residual 36% | .00377 base money factor

2009 Audi Q7 3.6 Premium Plus
24-month | 15k miles | residual 49% | .00035 base money factor
36-month | 15k miles | residual 42% | .00035 base money factor
48-month | 15k miles | residual 35% | .00377 base money factor

2009 Audi Q7 3.6 Prestige
24-month | 15k miles | residual 47% | .00035 base money factor
36-month | 15k miles | residual 40% | .00035 base money factor
48-month | 15k miles | residual 33% | .00377 base money factor

2009 Audi Q7 4.2 Prestige
24-month | 15k miles | residual 46% | .00201 base money factor
36-month | 15k miles | residual 39% | .00201 base money factor
48-month | 15k miles | residual 32% | .00377 base money factor

09 Lexus ES350 Lease Rates – April 2009

logo_lexusMy Take: Residual values are bit low for my taste, but the money factor is pretty decent, sitting at just around 2% APR. I didn’t bother posting the 48-month terms because the money factor jumps to .00265, so that’s a big no-no in my book.

2009 Lexus ES350

2009 Lexus ES350
24-month | 15k miles | residual 54% | .00085 base money factor
36-month | 15k miles | residual 47% | .00085 base money factor

2009 Lexus ES350 w/ Ultra Luxury
24-month | 15k miles | residual 52% | .00085 base money factor
36-month | 15k miles | residual 45% | .00085 base money factor

09 Acura TSX, TL Lease Rates – April 2009

logo_acuraMy Take: Nothing new is going on with the TSX and the TL this month. The rates are exactly the same as March. VERY DISAPPOINTING!!! Oh well, at lease invoice price should be attainable in most markets with decent competition. I’m not seeing any cash rebates or special financing of any kind for either ride, so you better put that negotiating hat on because it’s going to take some extra effort on your part to get a good deal.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TSX Base $27,398 $29,920 $408 $352 $518 $427
09 Acura TL Base $32,896 $35,715 $522 $456 $646 $541

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 TSX

2009 Acura TSX Manual
24-month | 15k miles | residual 67% | .00215 base money factor
36-month | 15k miles | residual 61% | .00215 base money factor
48-month | 15k miles | residual 51% | .00300 base money factor

2009 Acura TSX Automatic
24-month | 15k miles | residual 67% | .00215 base money factor
36-month | 15k miles | residual 61% | .00215 base money factor
48-month | 15k miles | residual 51% | .00300 base money factor

2009 Acura TSX w/Navigation Manual
24-month | 15k miles | residual 64% | .00215 base money factor
36-month | 15k miles | residual 57% | .00215 base money factor
48-month | 15k miles | residual 48% | .00300 base money factor

2009 Acura TSX w/Navigation Automatic
24-month | 15k miles | residual 64% | .00215 base money factor
36-month | 15k miles | residual 57% | .00215 base money factor
48-month | 15k miles | residual 48% | .00300 base money factor

2009 Acura TL

2009 Acura TL Sedan
24-month | 15k miles | residual 66% | .00237 base money factor
36-month | 15k miles | residual 59% | .00237 base money factor
48-month | 15k miles | residual 50% | .00300 base money factor

2009 Acura TL Sedan SH-AWD
24-month | 15k miles | residual 64% | .00237 base money factor
36-month | 15k miles | residual 57% | .00237 base money factor
48-month | 15k miles | residual 48% | .00300 base money factor

2009 Acura TL Sedan SH-AWD Tech
24-month | 15k miles | residual 61% | .00237 base money factor
36-month | 15k miles | residual 54% | .00237 base money factor
48-month | 15k miles | residual 45% | .00300 base money factor

2009 Acura TL Sedan Tech
24-month | 15k miles | residual 63% | .00237 base money factor
36-month | 15k miles | residual 56% | .00237 base money factor
48-month | 15k miles | residual 47% | .00300 base money factor

09 Mercedes Benz CL, CLK, CLS Lease Rates – April 2009

logo_benzMy Take: Quick hits here…CL, pass. CLK, solid “lease-to-buy” since it has very low money factors. CLS, skip the AMG model. In all honesty, the CLK is probably the only model I would consider of the three. The 24-month term shouldn’t be considered at all, so stick to the 36-month or 48-month terms. Like most “higher-end” Merc models, you end up paying for most of the depreciation within 4 years, making it a good option to buy if the money factors stay relatively low.

2009 Mercedes CL

2009 Mercedes CL550 4matic
24-month | 15k miles | residual 51% | .00275 base money factor
36-month | 15k miles | residual 45% | .00200 base money factor
48-month | 15k miles | residual 39% | .00200 base money factor

2009 Mercedes CL600
24-month | 15k miles | residual 43% | .00275 base money factor
36-month | 15k miles | residual 38% | .00200 base money factor
48-month | 15k miles | residual 32% | .00200 base money factor

2009 Mercedes CL63 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 32% | .00395 base money factor

2009 Mercedes CL65 AMG
24-month | 15k miles | residual 41% | .00430 base money factor
36-month | 15k miles | residual 36% | .00395 base money factor
48-month | 15k miles | residual 30% | .00395 base money factor

2009 Mercedes CLK

2009 Mercedes CLK350 Coupe
24-month | 15k miles | residual 45% | .00028 base money factor
36-month | 15k miles | residual 44% | .00008 base money factor
48-month | 15k miles | residual 38% | .00008 base money factor

2009 Mercedes CLK350 Convertible
24-month | 15k miles | residual 51% | .00030 base money factor
36-month | 15k miles | residual 48% | .00010 base money factor
48-month | 15k miles | residual 38% | .00010 base money factor

2009 Mercedes CLK550 Coupe
24-month | 15k miles | residual 41% | .00028 base money factor
36-month | 15k miles | residual 41% | .00008 base money factor
48-month | 15k miles | residual 36% | .00008 base money factor

2009 Mercedes CLK550 Convertible
24-month | 15k miles | residual 48% | .00030 base money factor
36-month | 15k miles | residual 46% | .00010 base money factor
48-month | 15k miles | residual 37% | .00010 base money factor

2009 Mercedes CLS

2009 Mercedes CLS550
24-month | 15k miles | residual 54% | .00100 base money factor
36-month | 15k miles | residual 47% | .00051 base money factor
48-month | 15k miles | residual 41% | .00051 base money factor

2009 Mercedes CLS63 AMG
24-month | 15k miles | residual 52% | .00430 base money factor
36-month | 15k miles | residual 45% | .00395 base money factor
48-month | 15k miles | residual 38% | .00395 base money factor