February DO NOT LEASE List

Published 2009/02/252009/02/24 by G

February 2009’s DO NOT LEASE list. What qualifies a car on this list? Simple, the residual value needs to be dip well below 50% over 36 months, the money factor needs to be higher than .00200 or 4.8% APR and cash rebates are either nonexistant or only available to a select few. Check this list often because I will be adding more models as I encounter more and more crappy lease rates.

2009 Mercedes SL550

* Money factor too high, residual too low, car too expensive.

2009 Mercedes S

* Money factor too high, residual too low, car too expensive.

2009 Honda Ridgeline

* I don’t think Honda is looking to move the Ridgeline through leasing any time soon.

2009 Mercedes R350

* This isn’t actually too bad, but I don’t like the pricetag or the residual.

2009 Mercedes ML

* The ML350 is nice, but the ML320 is nicer. I’d skip these or just buy them.

2009 Mercedes GL

* The GL450 isn’t too bad actually, but skip the GL550

2009 Mercedes G

* BUY IT, otherwise, look elsewhere.

2009 Mercedes E

* Residuals are horrid. I recommend buying.

2009 Mercedes CLS

* CLS550 a borderline MAYBE. AMG model would be a BUY recommendation.

2009 Mercedes CLK

* CLK money factors are low, but so are the residuals. BUY.

2009 Mercedes CL

* Money factors too high, residuals too low. BUY candidate.

2009 Audi TT

* I’d buy a TT, not so sure about leasing one unless there’s a lot of discounts.

2009 Audi Q7

* If there a lot of discounts to offset the low residual, I wouldn’t touch this car with the “leasing” stick..

2009 Audi A8/S8 3.6

* Just buy it already…

2008 Cayman

* Buy it, its a Porsche anyway, you might get some decent cash discounts since its a 2008 model.

If you like the site and would like to receive my latest posts, please consider subscribing to our newsletter on a reader or have it delivered to your email. Got questions? JOIN the RIDE AUTO FORUM TODAY!

09 Mercedes Benz ML320 Lease Rates for February 2009

Published 2009/02/24 by G

My Take: The ML320 isn’t a bad lease this month since the residual is higher than the rest of the MLs and the money factor is the lowest of all MLs as well. The problem is that since it’s a diesel, availability may be a problem. For example, my local dealer only has one. There is a “special” lease offer going on right now where the dealer contributes $1,589.06 and you pay $4424 at signing to get $579 per month payments for a 36 month lease/10k miles per year. If you don’t already know how I feel about “lease specials” then this is what you should know, they RARELY work out the way they are advertised. If anything, that’s just a way to get you into the dealership. Considering this car’s availability, you probably won’t find one equipped exactly as advertised in order to get those payments. So what would I do it? Use that as a rough guide to give you an idea as to how much the dealer is willing to contribute to lower your sale price.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
2009 Mercedes ML320	$46,073	$49,475	$673	$594	$487	$819

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes ML320

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 VW Passat CC Lease Rates for February 2009

Published 2009/02/24 by G

My Take: There is $1000 cash back on the CC unitl March 2nd, 2009 so be sure to take advantage of that. The money factor is fairly low , just shy of 3%. The residual is pretty good as well, so be sure to consider the VW Passat CC Sport. The only downside I see here is that the Sport model doesn’t have a lot of options.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Volkswagen CC 4dr Sport	$26,814	$28,640	$409	$322	$487	$375

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Volkswagen CC

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Toyota Prius Lease Rates for February 2009

Published 2009/02/242012/01/10 by G

My Take: The money factor is terrible on the Prius, but the high residual value makes up for it. Remember, when you lease, you are paying for the estimated depreciation of the vehicle for the term of your lease. So the higher the residual, the lower the base payments. Ideally, you want a lower money factor (interest). If you don’t mind paying 6.84% interest on the depreciation of lease, the Prius isn’t a bad choice for a lease. Of course, I’d rather have the MINI Cooper S. There is $500 cash back on the Prius, so be sure to factor that in during your negotiations.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
2009 Toyota Prius	$22,478	$24,095	$364	$322	$436	$371

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Toyota Prius

DO NOT LEASE

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

BMW Revises Lease Rates for February 2009

Published 2009/02/18 by G

My Take: In an unusual move. BMW revised some of their lease rates for February. I haven’t really gotten around to look through everything in detail, but at first glance, the 3-series seems to have gotten hit with a higher money factor. OUCH! This is rather unexpected since most lease rates change from month to month, not twice in a month. This does put a damper on the hopes that the next few months will bring better rates. Hopefully some of you were able to jump in on the lower rates.

Anyway, my laptop died tonight, so I will not be able to address any questions you may have until tomorrow night or Friday.

09 BMW 6-Series Lease Rates for February 2009

Published 2009/02/17 by G

My Take: Just because this car is not on the DO NOT LEASE list, doesn’t make it a cheap ride. We’re looking at an $80k+ price tag, so if you are shopping around for one of these four-digit monthly payments shouldn’t come to you as a surprise. Anyway, the residual values are pretty good for the most part and the money factors could be better, but they certainly aren’t ridiculous.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 BMW 650i Conv	$80,600	$87,425	$1280	$1063	$1575	$1263

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 BMW 6-Series February Lease Rates

DO NOT LEASE

The residual values are high enough to keep every trim in this model lineup away from this list. Just stay away from the 48-month leases. They pretty bad.

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Mercedes Benz CLK-Class Lease Rates for February 2009

Published 2009/02/172009/02/17 by G

My Take: The CLK350 Coupe looks best on a 48-month lease. It still pricey since the residuals are so low, but the money factor is great. The convertible is better as a 36-month lease. I would avoid the CLK550s.
Can’t say I recommend them as lease, I would probably buy it since these cars lose more than 50% of their value within 3 years.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Mercedes Benz CLK350 Conv	$53,048	$56,975	$929	$721	$1094	$831

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes Benz CLK February Lease Rates

DO NOT LEASE

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 VW Jetta Lease Rates for February 2009

Published 2009/02/15 by G

My Take: Hope you all had a wonderful Valentines Day! I’ve been out all day shopping for a cellphone for the missus so it’s been a busy day. I also spend a good chunk of time browsing at Circuit City for heavily discounted crap since they are going out of business. I’m disappointed to report that some of their stuff is still fairly expensive. Now their CDs, DVDs, Video Games & Accessories are like 40% off so don’t miss that! Anyway, back to leasing news!!! Solid residual and decent money factor makes the Jetta Wolfsburg a good choice for a compact sedan (This thing has the same 2.0T engine found on the Audi A4, VW CC, TT, A3 and VW GTI to name a few). Sale prices should be around invoice plus there’s $500 customer cash available. Remember not to exceed past the 36-month lease since VW warranties only last up to 3 years.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Volkswagen Jetta Wolfsburg	$20,838	$22,045	$333	$283	$386	$319

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Volkswagen Jetta February Lease Rates

DO NOT LEASE

The Jetta Wolfsburg Edition is looking very leasable right now so go to it!

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

100 of 136
« Previous
1
…
98
99
100
101
102
…
136
Next »

RIDE with G

For those who lease cars

Residual

February DO NOT LEASE List

09 Mercedes Benz ML320 Lease Rates for February 2009

09 VW Passat CC Lease Rates for February 2009

09 Toyota Prius Lease Rates for February 2009

BMW Revises Lease Rates for February 2009

09 BMW 6-Series Lease Rates for February 2009

09 Mercedes Benz CLK-Class Lease Rates for February 2009

09 VW Jetta Lease Rates for February 2009