09 Mazda CX-7 Lease Rates for December 2008

My Take: Mazda’s Top-of-the-Line CX-7 lease isn’t as great as the money factors would indicate. Back in May, I was offered a fully loaded CX-7 GT (FWD) which had a residual of 54%, but the money factor was lower at .00094 which wasn’t too shabby since all of the rebates helped cut down the upfront costs. Unfortunately, there aren’t any “rebates” to be had this month on the CX-7, so you pretty much have to rely on the dealer to dip way below invoice to make the deal worth your while. I still think $412+tax at invoice is a bit high considering you still have to pay for inception fees. Factor in the poor gas mileage this car gives and you probably want to think long and hard as to whether you REALLY want a CX-7 sitting on your driveway.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Mazda CX-7 Grand Touring AWD $27,211 $29,050 $477 $412 $554 $466

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 Mazda CX-7 December Lease Rates

2009 Mazda CX-7 Grand Touring AWD
24-month | 15k miles | residual 56% | .00049 base money factor
36-month | 15k miles | residual 49% | .00126 base money factor
48-month | 15k miles | residual 40% | .00206 base money factor

2009 Mazda CX-7 Sport AWD
24-month | 15k miles | residual 55% | .00049 base money factor
36-month | 15k miles | residual 48% | .00126 base money factor
48-month | 15k miles | residual 39% | .00206 base money factor

2009 Mazda CX-7 Touring AWD
24-month | 15k miles | residual 54% | .00049 base money factor
36-month | 15k miles | residual 47% | .00126 base money factor
48-month | 15k miles | residual 38% | .00206 base money factor

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December 2008 Do Not Lease List

Here you will find the lease rates for cars that I don’t recommend leasing this month. A poor combination of low residual value and high money factors usually means one thing…if you want it, don’t lease it, buy it.

2008 Acura MDX December Lease Rates

2008 Acura MDX
24-month | 15k miles | residual 53% | .00310 base money factor
36-month | 15k miles | residual 47% | .00300 base money factor
48-month | 15k miles | residual 38% | .00300 base money factor
60-month | 15k miles | residual 31% | .00310 base money factor

2008 Acura MDX Sport
24-month | 15k miles | residual 48% | .00310 base money factor
36-month | 15k miles | residual 43% | .00300 base money factor
48-month | 15k miles | residual 34% | .00300 base money factor
60-month | 15k miles | residual 28% | .00310 base money factor

2008 Acura MDX Sport w/RES
24-month | 15k miles | residual 48% | .00310 base money factor
36-month | 15k miles | residual 42% | .00300 base money factor
48-month | 15k miles | residual 34% | .00300 base money factor
60-month | 15k miles | residual 28% | .00310 base money factor

2008 Acura MDX Technology
24-month | 15k miles | residual 51% | .00310 base money factor
36-month | 15k miles | residual 45% | .00300 base money factor
48-month | 15k miles | residual 36% | .00300 base money factor
60-month | 15k miles | residual 30% | .00310 base money factor

2008 Acura MDX Technology w/RES
24-month | 15k miles | residual 50% | .00310 base money factor
36-month | 15k miles | residual 44% | .00300 base money factor
48-month | 15k miles | residual 36% | .00300 base money factor
60-month | 15k miles | residual 29% | .00310 base money factor

* .00300 x 2400 = 7.2% APR, need I say more?

2008/2009 Toyota Highlander December Lease Rates

2009 Toyota Highlander 4WD
24-month | 15k miles | residual 60% | .00285 base money factor
36-month | 15k miles | residual 53% | .00285 base money factor
48-month | 15k miles | residual 45% | .00285 base money factor
60-month | 15k miles | residual 37% | .00285 base money factor

2009 Toyota Highlander 4WD Limited
24-month | 15k miles | residual 58% | .00285 base money factor
36-month | 15k miles | residual 51% | .00285 base money factor
48-month | 15k miles | residual 42% | .00285 base money factor
60-month | 15k miles | residual 34% | .00285 base money factor

2009 Toyota Highlander 4WD Sport
24-month | 15k miles | residual 58% | .00285 base money factor
36-month | 15k miles | residual 51% | .00285 base money factor
48-month | 15k miles | residual 43% | .00285 base money factor
60-month | 15k miles | residual 35% | .00285 base money factor

2008 Toyota Highlander 4WD
24-month | 15k miles | residual 57% | .00163 base money factor
36-month | 15k miles | residual 50% | .00163 base money factor
48-month | 15k miles | residual 42% | .00285 base money factor
60-month | 15k miles | residual 34% | .00285 base money factor

2008 Toyota Highlander Sport 4WD
24-month | 15k miles | residual 55% | .00163 base money factor
36-month | 15k miles | residual 48% | .00163 base money factor
48-month | 15k miles | residual 40% | .00255 base money factor
60-month | 15k miles | residual 32% | .00255 base money factor

2008 Toyota Highlander Limited 4WD
24-month | 15k miles | residual 55% | .00163 base money factor
36-month | 15k miles | residual 48% | .00163 base money factor
48-month | 15k miles | residual 39% | .00285 base money factor
60-month | 15k miles | residual 31% | .00285 base money factor

* The 08 model’s MF isn’t too bad (3.9% APR) but the residual kills the deal for me.

2009 Porsche 911 December Lease Rates

2009 911 Carrera
24-month | 15k miles | residual 68% | .00280 base money factor
36-month | 15k miles | residual 59% | .00280 base money factor
48-month | 15k miles | residual 53% | .00280 base money factor
60-month | 15k miles | residual 46% | .00280 base money factor

2009 Porsche 911 Carrera S
24-month | 15k miles | residual 66% | .00280 base money factor
36-month | 15k miles | residual 57% | .00280 base money factor
48-month | 15k miles | residual 51% | .00280 base money factor
60-month | 15k miles | residual 44% | .00280 base money factor

2009 911 Carrera Convertible Turbo
24-month | 15k miles | residual 60% | .00280 base money factor
36-month | 15k miles | residual 51% | .00280 base money factor
48-month | 15k miles | residual 45% | .00280 base money factor
60-month | 15k miles | residual 38% | .00280 base money factor

* These numbers are actually not terrible, but the price tag of this vehicle pretty much takes this car off the average person’s wishlist.

2008/2009 Honda S2000 December Lease Rates

2009 Honda S2000 Convertible
24-month | 15k miles | residual 59% | .00310 base money factor
36-month | 15k miles | residual 52% | .00310 base money factor
48-month | 15k miles | residual 43% | .00305 base money factor
60-month | 15k miles | residual 34% | .00310 base money factor

2009 Honda S2000 Convertible CR
24-month | 15k miles | residual 58% | .00310 base money factor
36-month | 15k miles | residual 51% | .00310 base money factor
48-month | 15k miles | residual 42% | .00305 base money factor
60-month | 15k miles | residual 33% | .00310 base money factor

2009 Honda S2000 Convertible CR w/AC
24-month | 15k miles | residual 56% | .00310 base money factor
36-month | 15k miles | residual 50% | .00310 base money factor
48-month | 15k miles | residual 41% | .00305 base money factor
60-month | 15k miles | residual 34% | .00310 base money factor

2008 Honda S2000 Convertible
24-month | 15k miles | residual 54% | .00310 base money factor
36-month | 15k miles | residual 47% | .00310 base money factor
48-month | 15k miles | residual 39% | .00305 base money factor
60-month | 15k miles | residual 31% | .00310 base money factor

2008 Honda S2000 Convertible CR
24-month | 15k miles | residual 51% | .00310 base money factor
36-month | 15k miles | residual 45% | .00310 base money factor
48-month | 15k miles | residual 37% | .00305 base money factor
60-month | 15k miles | residual 29% | .00310 base money factor

2008 Honda S2000 Convertible CR w/AC
24-month | 15k miles | residual 53% | .00310 base money factor
36-month | 15k miles | residual 46% | .00310 base money factor
48-month | 15k miles | residual 38% | .00305 base money factor
60-month | 15k miles | residual 30% | .00310 base money factor

* 7.2%+ APR PLUS weak residuals = no thanks.

2009 Volvo XC90 December Lease Rates

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 54% | .00525 base money factor
36-month | 15k miles | residual 46% | .00477 base money factor
48-month | 15k miles | residual 37% | .00471 base money factor

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 51% | .00525 base money factor
36-month | 15k miles | residual 43% | .00477 base money factor
48-month | 15k miles | residual 35% | .00471 base money factor

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 54% | .00525 base money factor
36-month | 15k miles | residual 46% | .00477 base money factor
48-month | 15k miles | residual 37% | .00471 base money factor

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 53% | .00525 base money factor
36-month | 15k miles | residual 45% | .00477 base money factor
48-month | 15k miles | residual 37% | .00471 base money factor

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 51% | .00525 base money factor
36-month | 15k miles | residual 43% | .00477 base money factor
48-month | 15k miles | residual 35% | .00471 base money factor

2009 Volvo XC90 4WD 3.2L
24-month | 15k miles | residual 51% | .00525 base money factor
36-month | 15k miles | residual 43% | .00477 base money factor
48-month | 15k miles | residual 35% | .00471 base money factor

* You see that big LeaseCompare.com ad at the end of this post, try them…avoid Ford Credit like the plague.

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08 Infiniti G35 Lease Rates for December 2008

My Take: For the remaining 2008 G35 models, please do yourself a favor and AVOID 24-month leases. The sweet spot is the 36-month lease for the G35 (same is the case with the G37). This car are still worth leasing, so be sure to look them over before you get too excited about the 2009 models. There isn’t a huge difference in performance between the G35 and G37, at least not noticeable enough to justify the extra cost. In my case, I went with the G37 because I wanted a coupe. If you need a sedan, give the 2008 G35 a chance. I’m willing to bet that these rates won’t stick around past December. Infiniti’s G lineup is by far the best bang for the buck in the entry-level luxury department. The exterior is sleek and the interior is vastly improved from the previous generation G model. I will go as far as saying that the interior quality rivals, maybe even surpasses the BMW 3-series. In BMW speak, you get a car comparable to the 335i for the price of a 328i. Can’t beat that.

Something to note, the G35 actually does not require Premium gas, but the G37 does. If gas prices is factor in your car shopping decision, this should be taken into consideration. The G gulps gas, it does not sip, so the question is, do you want it to gulp premium or regular?

There is $1000 in dealer cash available and another $500 in loyalty cash. There is $3000 cash available for purchases only. 0% and 0.9% APR financing rates are available for up to 60 months.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
08 Infiniti G35 $30,891 $33,515 $718 $403 $835 $478

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.

2008 Infiniti G35 Base
24-month | 15k miles | residual 53% | .00325 base money factor
36-month | 15k miles | residual 53% | .00062 base money factor
48-month | 15k miles | residual 45% | .00133 base money factor

2008 Infiniti G35 Journey
24-month | 15k miles | residual 52% | .00325 base money factor
36-month | 15k miles | residual 52% | .00062 base money factor
48-month | 15k miles | residual 44% | .00133 base money factor
60-month | 15k miles | residual 38% | .00189 base money factor

2008 Infiniti G35 Sport
24-month | 15k miles | residual 52% | .00325 base money factor
36-month | 15k miles | residual 52% | .00062 base money factor
48-month | 15k miles | residual 44% | .00133 base money factor

2008 Infiniti G35 X
24-month | 15k miles | residual 54% | .00325 base money factor
36-month | 15k miles | residual 54% | .00096 base money factor
48-month | 15k miles | residual 46% | .00161 base money factor

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08/09 Mazda CX-9 Lease Rates for December 2008

My Take: If you are shopping for a 7-passenger SUV and you are considering the CX-9, be aware that the 08 model will actually cost you more than the 09 model eventhough the sell price is lower. That’s thanks to a 5% lower residual value on the 08 vs the 09, so keep that in mind when you email your dealer. Also, be aware of the $1000 loyalty cash available to you if you are a previous Mazda owner. If you are looking to buy, there is 0% financing for up to 60 months on the 08 CX-9 and 1.9% APR on the 09 model for up to 60 months (0% for up to 36 months).

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Mazda CX-9 Touring AWD $31,310 $33,785 $497 $436 $603 $507
08 Mazda CX-9 Touring AWD $31,070 $33,550 $530 $445 $634 $514

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 Mazda CX-9 December Lease Rates

2009 Mazda CX-9 Sport AWD
24-month | 15k miles | residual 61% | .00100 base money factor
36-month | 15k miles | residual 51% | .00093 base money factor

2009 Mazda CX-9 Touring AWD
24-month | 15k miles | residual 61% | .00100 base money factor
36-month | 15k miles | residual 50% | .00093 base money factor

2008 Mazda CX-9 December Lease Rates

2008 Mazda CX-9 Sport AWD
24-month | 15k miles | residual 56% | .00037 base money factor
36-month | 15k miles | residual 46% | .00023 base money factor

2008 Mazda CX-9 Touring AWD
24-month | 15k miles | residual 56% | .00037 base money factor
36-month | 15k miles | residual 46% | .00023 base money factor

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09 Acura TL and TSX Lease Rates for December 2008

My Take: Acura has improved their 2009 TL lease but that’s not the case on the TSX. You will see a significant drop on the monthly payments from Nov to Dec ($40-$50) due to the lower money factor. Is invoice price a reasonable sale price? I’m inclined to say yes on both the TL and the TSX. Personally, this is around what I feel the TL should lease for ($350-$400 range). As for the TSX? Nothing’s really changed other than the fact that you can negotiate a lower sale price. There is financing for 0% for up to 36 months and 2.9% for up to 60 months.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TL $32,896 $35,715 $471 $407 $594 $491
09 Acura TSX Base $27,381 $29,720 $424 $369 $527 $440

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 Acura TL December Lease Rates

2009 Acura TL
24-month | 15k miles | residual 68% | .00197 base money factor
36-month | 15k miles | residual 62% | .00197 base money factor
48-month | 15k miles | residual 53% | .00197 base money factor

2009 Acura TL w/Tech
24-month | 15k miles | residual 65% | .00165 base money factor
36-month | 15k miles | residual 59% | .00165 base money factor
48-month | 15k miles | residual 50% | .00165 base money factor

2009 Acura TSX December Lease Rates

2009 Acura TSX Base
24-month | 15k miles | residual 68% | .00263 base money factor
36-month | 15k miles | residual 62% | .00263 base money factor

2009 Acura TSX w/Navigation
24-month | 15k miles | residual 65% | .00263 base money factor
36-month | 15k miles | residual 59% | .00263 base money factor

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09 Mazda Mazda6 Lease Rates for December 2008

My Take: Mazda’s in general are not known for their high “residual values”. So don’t expect to see any more than high 40s to 50s for 36 month leases. Even their popular Mazda3 model seems to hover around the same range. What is important to note is that Mazda is known for cash rebates and low APR incentives. There is a special 2.9% for up to 60 months financing deal going on, $500 loyalty cash, and a lease deal that involves $850 lease cash and $750 dealer contribution on the i Sport model.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Mazda Mazda6 i Sport $20,227 $21,820 $386 $333 $456 $380

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 Mazda Mazda6 December Lease Rates

2009 Mazda Mazda6 i Sport
24-month | 15k miles | residual 57% | .00189 base money factor
36-month | 15k miles | residual 47% | .00185 base money factor

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09 Lexus GS Lease Rates for December 2008

My Take: The GS’s money factor isn’t too horrible this month, although I would have liked a higher residual value for a 2009 model. Nevertheless, if you can negotiate a lower sale price, you might be able to save yourself a good chunk of change. Just remember that for every $1000 you knock off the sale price, you save about $30 per month on a 36-month lease.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Lexus GS350 AWD N/A $47,625 $N/A $N/A $974 $765

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 Lexus GS December Lease Rates

2009 Lexus GS350
24-month | 15k miles | residual 54% | .00110 base money factor
36-month | 15k miles | residual 47% | .00110 base money factor
48-month | 15k miles | residual 38% | .00110 base money factor

2009 Lexus GS350 AWD
24-month | 15k miles | residual 55% | .00110 base money factor
36-month | 15k miles | residual 48% | .00110 base money factor
48-month | 15k miles | residual 39% | .00110 base money factor

2009 Lexus GS450H
24-month | 15k miles | residual 52% | .00110 base money factor
36-month | 15k miles | residual 45% | .00110 base money factor
48-month | 15k miles | residual 35% | .00110 base money factor

2009 Lexus GS460
24-month | 15k miles | residual 52% | .00100 base money factor
36-month | 15k miles | residual 45% | .00100 base money factor
48-month | 15k miles | residual 36% | .00100 base money factor

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08/09 Infiniti G37 Lease Rates for December 2008

My Take: The 09 G37 is still leasing for a good chunk of change, so you are actually better off leasing the 08 model instead. As for the sedan, I still think that waiting until January/February might be a good idea because their rates are still a bit on the high end. Infiniti is trying to discourage lesses from going with the 24-month lease on the sedan (there’s only a 1% drop from 24 to 36 monoth leases and a significant bump in money factor) so stay away from those. I always felt the 36-month leases were ideal anyway so you really shouldn’t consider 24-month unless they are cheaper or just as much as the 36-month leases.

UPDATE: Word is that the $395 disposition fee will return January 6th, 2009 on all Infiniti Leases. It is a somewhat of a big deal if you intend to keep the car for the entire length of your lease.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Infiniti G37 Coupe Journey $34,674 $37,465 $636 $517 $761 $602
09 Infiniti G37 Sedan Journey $31,957 $34,515 $653 $474 $768 $552

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 Infiniti G37 December Lease Rates

2009 Infiniti G37 Coupe Base
24-month | 15k miles | residual 68% | .00325 base money factor
36-month | 15k miles | residual 61% | .00279 base money factor
48-month | 15k miles | residual 50% | .00279 base money factor

2009 Infiniti G37 Coupe Journey
24-month | 15k miles | residual 64% | .00325 base money factor
36-month | 15k miles | residual 58% | .00279 base money factor
48-month | 15k miles | residual 47% | .00279 base money factor

2009 Infiniti G37 Coupe Sport
24-month | 15k miles | residual 66% | .00325 base money factor
36-month | 15k miles | residual 59% | .00279 base money factor
48-month | 15k miles | residual 48% | .00279 base money factor

2009 Infiniti G37X Coupe
24-month | 15k miles | residual 67% | .00325 base money factor
36-month | 15k miles | residual 59% | .00279 base money factor
48-month | 15k miles | residual 49% | .00279 base money factor

2009 Infiniti G37 Sedan Base
24-month | 15k miles | residual 61% | .00325 base money factor
36-month | 15k miles | residual 60% | .00275 base money factor
48-month | 15k miles | residual 47% | .00275 base money factor

2009 Infiniti G37 Sedan Journey
24-month | 15k miles | residual 59% | .00325 base money factor
36-month | 15k miles | residual 58% | .00275 base money factor
48-month | 15k miles | residual 45% | .00275 base money factor

2009 Infiniti G37 Sedan Sport
24-month | 15k miles | residual 59% | .00325 base money factor
36-month | 15k miles | residual 58% | .00275 base money factor
48-month | 15k miles | residual 46% | .00275 base money factor

2009 Infiniti G37X Sedan
24-month | 15k miles | residual 60% | .00325 base money factor
36-month | 15k miles | residual 58% | .00275 base money factor
48-month | 15k miles | residual 46% | .00275 base money factor

2008 Infiniti G37 December Lease Rates

2008 Infiniti G37 Coupe
24-month | 15k miles | residual 63% | .00325 base money factor
36-month | 15k miles | residual 60% | .00182 base money factor
48-month | 15k miles | residual 51% | .00168 base money factor

2008 Infiniti G37 Journey Coupe
24-month | 15k miles | residual 60% | .00325 base money factor
36-month | 15k miles | residual 58% | .00182 base money factor
48-month | 15k miles | residual 49% | .00168 base money factor

2008 Infiniti G37 Sport Coupe
24-month | 15k miles | residual 62% | .00325 base money factor
36-month | 15k miles | residual 59% | .00182 base money factor
48-month | 15k miles | residual 50% | .00168 base money factor

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