September 2008 Lease Rate for 08 Infiniti QX56

My Take: Found something interesting on the QX56. Infiniti’s rates are actually higher than those of third party banks. I won’t bother to calculate the payments since I think this SUV is way too expensive to actually lease, but I will post the numbers. You can do some comparison yourself by visiting Leasecompare.com.

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Lease Rates through IFS

2008 Infiniti QX56 2WD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 37% of MSRP – .00280 Base Rate

2008 Infiniti QX56 AWD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 38% of MSRP – .00280 Base Rate

Lease Rates through third party

2008 Infiniti QX56 2WD
36 Month – Residual 37% of MSRP – .00261 Base Rate

2008 Infiniti QX56 AWD
36 Month – Residual 38% of MSRP – .00261 Base Rate

FINAL THOUGHTS: The 36-month lease hits the sweet spot, with the same residual as IFS, but a lower money factor. So what are the disadvantages of leasing through a third party bank? Possible disposition fee and lack of GAP coverage (in most cases). You can compensate for the lack of GAP coverage by purchasing it through your insurance company.

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Toyota Highlander & 4Runner

My Take: There is some cash rebates available for the 4Runner and the Highlander. With the 4Runner getting a $2500 rebate and the Highlander $1000. Low MF and the rebates help offset the uninspiring residual values. The 4Runner seems to be looking better than the highlander. Without options, you’re looking at mid-$300s after taxes for 36mo/15k. Add a few options and drop to 12k per year and you should be a well equipped 4Runner at around high-$300s after tax.

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At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota Highlander Sport 2WD $29,895 $435 $360 $576 $455
  • MSRP $29,895 ($30,895-$1,000)
  • Invoice $26,578 ($27,578-$1,000)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota Highlander Sport 2WD
24 Month – Residual 55% of MSRP – .00081 Base Rate
36 Month – Residual 48% of MSRP – .00081 Base Rate
48 Month – Residual 40% of MSRP – .00265 Base Rate
60 Month – Residual 32% of MSRP – .00265 Base Rate

At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota 4Runner Sport V6 $30,845 $378 $325 $537 $431
  • MSRP $30,845 ($33,345-$2,500)
  • Invoice $27,087 ($29,587-$2,500)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota 4Runner Sport V6
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2008 Toyota Highlander 2WD
24 Month – Residual 56% of MSRP – .00143 Base Rate
36 Month – Residual 49% of MSRP – .00143 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

2008 Toyota Highlander Limited 2WD
24 Month – Residual 54% of MSRP – .00143 Base Rate
36 Month – Residual 47% of MSRP – .00143 Base Rate
48 Month – Residual 38% of MSRP – .00265 Base Rate
60 Month – Residual 30% of MSRP – .00265 Base Rate

2008 Toyota 4Runner Sport V8
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 09 Audi Q7

My Take: To be honest, now is not the time to lease an Audi SUV. Knowing how much these SUV’s go for, they certainly won’t be good leases unless lower MF is introduced and cash rebates are given to compensate for the poor residual values. No cash is available on this model, however, you can get 4.9% financing for up to 60 months. Whether you lease or buy, there’s not much of a “deal” here.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2009 Audi Q7 3.6 Base
24 Month – Residual 55% of MSRP – .00205 Base Rate
36 Month – Residual 47% of MSRP – .00205 Base Rate
48 Month – Residual 38% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Premium
24 Month – Residual 57% of MSRP – .00205 Base Rate
36 Month – Residual 49% of MSRP – .00205 Base Rate
48 Month – Residual 39% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Premium Plus
24 Month – Residual 56% of MSRP – .00205 Base Rate
36 Month – Residual 48% of MSRP – .00205 Base Rate
48 Month – Residual 38% of MSRP – .00317 Base Rate

2009 Audi Q7 3.6 Prestige
24 Month – Residual 54% of MSRP – .00205 Base Rate
36 Month – Residual 46% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00317 Base Rate
2009 Audi Q7 4.2 Prestige
24 Month – Residual 53% of MSRP – .00190 Base Rate
36 Month – Residual 45% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00317 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Honda CR-V

My Take: The numbers aren’t looking very good on the Honda CR-V this month, so I’m not going to bother estimating payments, unless it’s requested. The residual is strong, but the MF is Honda’s standard rate, which means no lease support. Can’t blame them, the CR-V is a solid crossover SUV that’s fair efficient with gas and has pretty good cargo space. It’s not bad to look at either. I think the sweet spot (if you can call it that) would be the 36 and 48 months since the residual values drop “only” about 8%.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Honda CR-V LX 4WD
24 Month – Residual 67% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX 4WD
24 Month – Residual 68% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L 4WD
24 Month – Residual 63% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L w/Navigation 4WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Ratee

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Lexus IS-F

My Take: Bad residual (54%) and bad MF (.00255), factor in the high price tag of the IS-F and things start to go downhill from there. Since this is a rather “low-volume” car, I highly doubt it will ever be a good lease. So here are the numbers in case you got the cash to burn.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

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2008 Lexus IS-F Sedan
24 Month – Residual 54% of MSRP – .00255 Base Rate
36 Month – Residual 47% of MSRP – .00255 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate
60 Month – Residual 29% of MSRP – .00255 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 09 Infiniti FX

My Take: There rates on the FX this month are not exactly great, but there is $4000 in loyalty cash available to current Infiniti customers. That should make a pretty big difference in payments. Cash expires 9/30/2008.

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At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
09 Infiniti FX35 AWD $35,973 $608 $557 $751 $654

  • MSRP $39,215 ($43,215-$4,000)
  • Invoice $35,973 ($39,973-$4,000)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Infiniti FX35 AWD Wagon
24 Month – Residual 63% of MSRP – .00229 Base Rate
36 Month – Residual 52% of MSRP – .00221 Base Rate
48 Month – Residual 44% of MSRP – .00231 Base Rate
60 Month – Residual 37% of MSRP – .00226 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2009 Infiniti FX35 2WD Wagon
24 Month – Residual 62% of MSRP – .00229 Base Rate
36 Month – Residual 51% of MSRP – .00222 Base Rate
48 Month – Residual 43% of MSRP – .00231 Base Rate
60 Month – Residual 36% of MSRP – .00226 Base Rate

2009 Infiniti FX50 AWD Wagon
24 Month – Residual 58% of MSRP – .00204 Base Rate
36 Month – Residual 47% of MSRP – .00204 Base Rate
48 Month – Residual 39% of MSRP – .00204 Base Rate
60 Month – Residual 33% of MSRP – .00204 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 09 Honda Pilot

My Take: The rates for the 09 Pilot are so-so. Not much you can do about the residual, but the MF could be better. It is certainly better than Honda’s standard .00270 rate. Watch out for the higher end models. The residuals drop very quickly when you opt for a model with RES. My advice? Get a portal entertainment system for the kids. It’ll be cheaper.

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  At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
09 Honda Pilot 4WD EX $32,665 $517 $420 $647 $508

  • MSRP $32,665
  • Invoice $29,642
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Honda Pilot 4WD EX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2009 Honda Pilot 2WD EX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

2009 Honda Pilot 2WD EX-L
24 Month – Residual 53% of MSRP – .00147 Base Rate
36 Month – Residual 48% of MSRP – .00147 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

2009 Honda Pilot 2WD EX-L w/ RES
24 Month – Residual 52% of MSRP – .00147 Base Rate
36 Month – Residual 47% of MSRP – .00147 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD EX-L
24 Month – Residual 57% of MSRP – .00147 Base Rate
36 Month – Residual 50% of MSRP – .00147 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD EX-L w/ RES
24 Month – Residual 56% of MSRP – .00147 Base Rate
36 Month – Residual 49% of MSRP – .00147 Base Rate
48 Month – Residual 41% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD LX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD Touring w/Nav
24 Month – Residual 54% of MSRP – .00147 Base Rate
36 Month – Residual 47% of MSRP – .00147 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD Touring w/Nav/Res
24 Month – Residual 53% of MSRP – .00147 Base Rate
36 Month – Residual 46% of MSRP – .00147 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rates for 09 Mercedes Benz CL, CLK, CLS, G, R, S and SL-Class

My Take: Rest of the MB line-up looks pretty bad. There is some lease support on the CLK350, but that’s about it. The rest of lineup boasts really low residual values and higher than average money factors.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2009 Mercedes CL550 4matic
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 47% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2009 Mercedes CL600
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

2009 Mercedes CL63 AMG
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 44% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 30% of MSRP – .00350 Base Rate

2009 Mercedes CL65 AMG
24 Month – Residual 46% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 33% of MSRP – .00350 Base Rate
60 Month – Residual 27% of MSRP – .00350 Base Rate

2009 Mercedes CLK350 Coupe
24 Month – Residual 55% of MSRP – .00062 Base Rate
36 Month – Residual 48% of MSRP – .00125 Base Rate
48 Month – Residual 41% of MSRP – .00125 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2009 Mercedes CLK350 Convertible
24 Month – Residual 61% of MSRP – .00140 Base Rate
36 Month – Residual 52% of MSRP – .00159 Base Rate
48 Month – Residual 44% of MSRP – .00159 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2009 Mercedes CLK550 Coupe
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2009 Mercedes CLK550 Convertible
24 Month – Residual 59% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2009 Mercedes CLS550
24 Month – Residual 64% of MSRP – .00198 Base Rate
36 Month – Residual 53% of MSRP – .00276 Base Rate
48 Month – Residual 46% of MSRP – .00276 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes CLS63 AMG
24 Month – Residual 59% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes G55 AMG
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2009 Mercedes G550
24 Month – Residual 53% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2009 Mercedes R350
24 Month – Residual 58% of MSRP – .00220 Base Rate
36 Month – Residual 49% of MSRP – .00213 Base Rate
48 Month – Residual 38% of MSRP – .00213 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2009 Mercedes S550
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2009 Mercedes S550 4matic
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2009 Mercedes S600
24 Month – Residual 44% of MSRP – .00385 Base Rate
36 Month – Residual 38% of MSRP – .00350 Base Rate
48 Month – Residual 35% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

2009 Mercedes S63
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 44% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2009 Mercedes S65
24 Month – Residual 45% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

2009 Mercedes SL550
24 Month – Residual 63% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2009 Mercedes SL600
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2009 Mercedes SL63 AMG
24 Month – Residual 59% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2009 Mercedes SL65 AMG
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 43% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com