Residual

July 2008 Lease Rate for 08 Infiniti M35

Published by G

2008 Infiniti M35 Sedan
24 Month – Residual 58% of MSRP – .00002 Base Rate
36 Month – Residual 48% of MSRP – .00064 Base Rate
48 Month – Residual 40% of MSRP – .00140 Base Rate
60 Month – Residual 30% of MSRP – .00187 Base Rate

2008 Infiniti M35 AWD Sedan
24 Month – Residual 59% of MSRP – .00024 Base Rate
36 Month – Residual 50% of MSRP – .00099 Base Rate
48 Month – Residual 41% of MSRP – .00152 Base Rate
60 Month – Residual 31% of MSRP – .00196 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The sale price on the M35 should be lower than invoice. At least that’s what some folks report. The MF is very low right now, but so is the residual. I haven’t been following the Ms much, so I can’t say for certain if this is the “Deal of the Year”. It certainly is worth inquiring about if you are looking for an alternative to the 5-series or the E-class.  If you live in So Cal, I can refer you to my local Infiniti guy.

July 2008 Lease Rate for 08 Honda CR-V

Published by G

2008 Honda CR-V LX 2WD
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate

2008 Honda CR-V EX 2WD
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate

2008 Honda CR-V EX-L 2WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate

2008 Honda CR-V EX-L w/Navigation 2WD
24 Month – Residual 61% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Not the best MF right now. Buying isn’t look that much better since there isn’t any special financing available either. If you can afford to wait on the CR-V, I would recommend doing so.

July 2008 Lease Rate for 08 Honda Civic Si

Published by G

2008 Honda Civic Coupe Si
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 47% of MSRP – .00255 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Not exactly the best lease right now, specially for the 24mo term. I would wait, or simply buy it. Looks like most manufacturers are introducing very attractive financing options and rebates for purchase this time of the year.

July 2008 Lease Rate for 2008 Pontiac G8

Published by G

2008 Pontiac G8 Sedan
24 mo/15k mi – Residual Value 59% of MSRP – .00208 Base Money Factor Rate
36 mo/15k mi – Residual Value 51% of MSRP – .00208 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00208 Base Money Factor Rate

2008 Pontiac G8 GT Sedan
24 mo/15k mi – Residual Value 59% of MSRP – .00208 Base Money Factor Rate
36 mo/15k mi – Residual Value 51% of MSRP – .00208 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00208 Base Money Factor Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Looks like the rates improved ever so slightly over the last two months. Compare July’s numbers with the quote I got last May and you’ll see why:

36mo/10k – residual 56% – lease rate 5.5% (MF .00229)
36mo/12k – residual 54% – lease rate 5.5% (MF .00229)

The MF is .00021 lower and the residual only dropped by about 1%. You aren’t really saving much to be honest you with. Maybe $2. As impressed as I am with the G8 GT, I still think there are better options out there for the price. Maybe things will improve in the coming months.

July 2008 Lease Rate for 08 Audi A5

Published by G

2008 Audi A5 6-Speed Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 Base Rate

2008 Audi A5 Tiptronic Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Good News! The A5 is a VERY sweet car. Bad News! The rates STILL suck. A5 looks sweetest in black. The accent lighting on the headlights makes the car look super-futuristic and gives off an “oooh-ahhhh” type of reaction, kind of like BMWs “Halo” lighting. It may take some months before we start seeing better lease rates on the A5. Hopefully, your lease isn’t expiring too soon if you are aiming for the A5. Just keep your eyes peeled on the rates every month, and the moment they drop to your price range, jump on it. That’s what I did with my G37 and I think I got the best deal of the year thus far.

July 2008 Lease Rate for 08 BMW Z4

Published by G

2008 BMW Z4 3.0si Coupe
24 Month – Residual 61% of MSRP – .00190 Base Rate
36 Month – Residual 51% of MSRP – .00190 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 3.0i Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

2008 BMW Z4 3.0si Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 M Coupe
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 Base Rate

2008 BMW Z4 M Convertible
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The “Land Shark” has started to show it’s age, so it looks like BMW is looking to push these cars out the dealer lots a bit. Note the slightly lower MFs and fairly high residual values. There’s a new Z4 in the horizon. Check it out! Not exactly getting my blood boiling with excitement, but I’m rather sick of looking at the current Z4.

July 2008 Lease Rate for 08 Cadillac STS

Published by G

2008 Cadillac STS V6
24 Month – Residual 64% of MSRP – .00165 Base Rate
36 Month – Residual 55% of MSRP – .00165 Base Rate
48 Month – Residual 46% of MSRP – .00165 Base Rate

2008 Cadillac STS V
24 Month – Residual 69% of MSRP – .00165 Base Rate
36 Month – Residual 58% of MSRP – .00165 Base Rate
48 Month – Residual 50% of MSRP – .00165 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Looks like Caddy inflated the residuals for the STS and kept the MF relatively decent. Ugh…I really can’t say too much about this car. It’s like a boat with wheels, probably drives like one too. Life. Liberty. and the Pursuit….of what? The only Caddy worth it’s metal and rubber is the CTS. That’s about it. Looks like Caddy will be doing some “pursuing” for a while. I’ll take an E-Class any day over the STS…Any given day.

July 2008 Lease Rate for 08 Mercedes Benz E-Class

Published by G

2008 Mercedes E320 BlueTec Sedan
24 Month – Residual 62% of MSRP – .00150 Base Rate
36 Month – Residual 55% of MSRP – .00225 Base Rate
48 Month – Residual 46% of MSRP – .00225 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2008 Mercedes E350 Luxury Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 40% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E350 Luxury 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 40% of MSRP – .00100 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes E350 Sport Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 40% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E350 Sport 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 40% of MSRP – .00100 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes E350 4matic Wagon
24 Month – Residual 44% of MSRP – .00215 Base Rate
36 Month – Residual 41% of MSRP – .00215 Base Rate
48 Month – Residual 33% of MSRP – .00215 Base Rate
60 Month – Residual 27% of MSRP – .00215 Base Rate

2008 Mercedes E550 Sport Sedan
24 Month – Residual 55% of MSRP – .00150 Base Rate
36 Month – Residual 47% of MSRP – .00150 Base Rate
48 Month – Residual 39% of MSRP – .00150 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes E550 Sport 4matic Sedan
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 35% of MSRP – .00350 Base Rate

2008 Mercedes E63 AMG Sedan
24 Month – Residual 58% of MSRP – .00100 Base Rate
36 Month – Residual 49% of MSRP – .00175 Base Rate
48 Month – Residual 42% of MSRP – .00175 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2008 Mercedes E63 AMG Wagon
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: This probably my favorite MB sedan. This is also MBs bread and butter from what I understand. The MF is pretty low (by MB standards) on most of the E models, with residual values a bit higher than the CL, CLK, CLS models I posted earlier. As mentioned last month, expect a new E-Class roll in for the 2009 model year. It’s looking GOOOOOD! See below!

2009 E-Class