Residual

July 2008 Lease Rate for 08/09 Mercedes Benz CL, CLS, CLK

Published by G

2008 Mercedes CL550 Coupe
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 50% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes CL600 Coupe
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

2008 Mercedes CL63 AMG Coupe
24 Month – Residual 52% 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 34% of MSRP – .00350 Base Rate

2008 Mercedes CL65 V12 AMG Coupe
(residual not found on this one)
24 Month – Residual 49% of MSRP – .00365 Base Rate
36 Month – Residual 43% of MSRP – .00330 Base Rate
48 Month – Residual 37% of MSRP – .00330 Base Rate
60 Month – Residual 32% of MSRP – .00330 Base Rate

2008 Mercedes CLK350 Coupe
24 Month – Residual 56% of MSRP – .00025 Base Rate
36 Month – Residual 46% of MSRP – .00070 Base Rate
48 Month – Residual 39% of MSRP – .00070 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes CLK350 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 52% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Coupe
24 Month – Residual 53% of MSRP – .00025 Base Rate
36 Month – Residual 44% of MSRP – .00070 Base Rate
48 Month – Residual 37% of MSRP – .00070 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes CLK63 AMG Convertible
24 Month – Residual 47% 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 32% of MSRP – .00350 Base Rate

2008 Mercedes CLS550 Sedan
24 Month – Residual 61% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2008 Mercedes CLS63 AMG Sedan
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes CLS550
24 Month – Residual 66% of MSRP – .00230 Base Rate
36 Month – Residual 54% of MSRP – .00230 Base Rate
48 Month – Residual 46% of MSRP – .00230 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2009 Mercedes CLS63 AMG
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 40% 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: The rates didn’t seem to change much from June, with the CLK being the only car worth leasing at the moment. Unfortunately the residual is still ridiculously lower than expected for a MB. Imagine paying almost 50% of that CLK within two years! OUCH! At least the MF is low enough to ease the pain. If you want a MB convertible, this is probably not a bad time to jump into one. I think MBs are meant to be bought, which isn’t unexpected. With quality issues and super expensive maintenance and repair fees, not even MB wants their cars back.

July 2008 Lease Rate for 08 BMW X-Series

Published by G

2008 BMW X3 3.0si 4WD SUV
24 Month – Residual 72% of MSRP – .00240 Base Rate
36 Month – Residual 62% of MSRP – .00240 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 63% of MSRP – .00240 Base Rate
36 Month – Residual 53% of MSRP – .00240 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 55% of MSRP – .00215 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 61% of MSRP – .00270 Base Rate
36 Month – Residual 50% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 BMW X6 xDrive50i Wagon
24 Month – Residual 55% of MSRP – .00270 Base Rate
36 Month – Residual 46% of MSRP – .00270 Base Rate
48 Month – Residual 37% of MSRP – .00270 Base Rate
60 Month – Residual 31% 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: Lease rates aren’t looking very attractive right now for all X-Series models. X5 4.8 has the lowest MF right now. If you want other alternatives, check out the Land Rover Range Rover. Again, I’m not trying to pitch Fords, its just that their rates seem more attractive and they all fall under the same class of vehicles.

July 2008 Lease Rate for 08 BMW 6-Series

Published by G

2008 BMW 650Ci Coupe
24 Month – Residual 65% of MSRP – .00205 Base Rate
36 Month – Residual 55% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW 650CiC Convertible
24 Month – Residual 67% of MSRP – .00205 Base Rate
36 Month – Residual 57% of MSRP – .00205 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW M6 Coupe
24 Month – Residual 68% of MSRP – .00250 Base Rate
36 Month – Residual 57% of MSRP – .00250 Base Rate
48 Month – Residual 41% of MSRP – .00270 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 BMW M6 Convertible
24 Month – Residual 68% of MSRP – .00250 Base Rate
36 Month – Residual 57% of MSRP – .00250 Base Rate
48 Month – Residual 40% of MSRP – .00270 Base Rate
60 Month – Residual 32% 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: I don’t like leasing cars with MFs higher than .002 or around 4.8%. Actually that’s still a bit high with today’s interest rates. Not to mention all the manufacturer’s pitching 0% financing for 72 months, it makes it hard to justify leasing cars with high money factors.

July 2008 Lease Rates for 08/09 Mercedes Benz S, SL, SLK-Class

Published by G

2009 Mercedes SL550
24 Month – Residual 68% of MSRP – .00385 Base Rate
36 Month – Residual 57% of MSRP – .00350 Base Rate
48 Month – Residual 47% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2009 Mercedes SL600
24 Month – Residual 66% of MSRP – .00385 Base Rate
36 Month – Residual 56% of MSRP – .00350 Base Rate
48 Month – Residual 47% of MSRP – .00350 Base Rate
60 Month – Residual 42% of MSRP – .00350 Base Rate

2009 Mercedes SL63 AMG
24 Month – Residual 65% of MSRP – .00385 Base Rate
36 Month – Residual 54% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes SL65 AMG
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 38% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2009 Mercedes SLK350
24 Month – Residual 63% of MSRP – .00315 Base Rate
36 Month – Residual 55% of MSRP – .00300 Base Rate
48 Month – Residual 47% of MSRP – .00300 Base Rate
60 Month – Residual 42% of MSRP – .00350 Base Rate

2009 Mercedes SLK55
24 Month – Residual 60% of MSRP – .00385 Base Rate
36 Month – Residual 53% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2008 Mercedes S550 Sedan
24 Month – Residual 56% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S550 4matic Sedan
24 Month – Residual 57% of MSRP – .00250 Base Rate
36 Month – Residual 49% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S600 V12 Sedan
24 Month – Residual 48% 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 33% of MSRP – .00350 Base Rate

2008 Mercedes S63 AMG Sedan
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 47% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes S65 AMG Sedan
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 33% of MSRP – .00350 Base Rate
60 Month – Residual 27% of MSRP – .00350 Base Rate

2008 Mercedes SL550 Convertible
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

2008 Mercedes SL600 Convertible
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 30% of MSRP – .00350 Base Rate

2008 Mercedes SL55 AMG Convertible
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes SL65 AMG Convertible
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 43% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2008 Mercedes SLK280 Convertible
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes SLK350 Convertible
24 Month – Residual 58% 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 40% of MSRP – .00350 Base Rate

2008 Mercedes SLK55 AMG Convertible
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 50% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 40% 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: I won’t lie to you, these leases are probably not even worth inquiring about because of the extremly high MF and low residual values. Even if there were some hefty cash rebates, I don’ think it would offset these horrible rates.

July 2008 Lease Rate for 09 Nissan Murano

Published by G

2009 Nissan Murano S 2WD
24 Month – Residual 67% of MSRP – .00250 Base Rate
36 Month – Residual 57% of MSRP – .00250 Base Rate
48 Month – Residual 45% of MSRP – .00270 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate

2009 Nissan Murano SL 2WD
24 Month – Residual 62% of MSRP – .00250 Base Rate
36 Month – Residual 52% of MSRP – .00250 Base Rate
48 Month – Residual 41% of MSRP – .00270 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

My Take: The Murano is arguably the best crossover on the market right now. (according to C&D) This speaks volumes about the improvements Nissan has gone through over the past decade. 10 years ago, I would have never even considered a Nissan, not I’m driving one. Sure, the are still some quality issues, but we know the folks in Japan are paying attention…unlike what GM and Ford have been doing for the past decade or two. I think Nissan knows this too, just look at the MF. The residuals aren’t too bad though.

July 2008 Lease Rate for 08 Lexus GS350

Published by G

2008 Lexus GS 350 Sedan
24 Month – Residual 49% of MSRP – .00245 Base Rate
36 Month – Residual 42% of MSRP – .00245 Base Rate
48 Month – Residual 33% of MSRP – .00245 Base Rate
60 Month – Residual 26% of MSRP – .00245 Base Rate

2008 Lexus GS 350 AWD Sedan
24 Month – Residual 49% of MSRP – .00245 Base Rate
36 Month – Residual 42% of MSRP – .00245 Base Rate
48 Month – Residual 33% of MSRP – .00245 Base Rate
60 Month – Residual 26% of MSRP – .00245 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: I remember the days when the GS first came out. It was an attractive sedan, sporty and luxurious. Over time, it’s popularity shifted over to the IS and the GS became the “forgotten” sedan. Not so many of them on the road anymore, compared to the IS (they are freaking everywhere). With poor residual value and high MF. It’s popularity will probably stay the same for a few more years.

July 2008 Lease Rates for 08 BMW 5-Series

Published by G

2008 BMW 528i Sedan
24 Month – Residual 67% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 30% of MSRP – .00270 Base Rate

2008 BMW 528xi Sedan
24 Month – Residual 66% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 37% of MSRP – .00270 Base Rate
60 Month – Residual 30% of MSRP – .00270 Base Rate

2008 BMW 535i Sedan
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 29% of MSRP – .00270 Base Rate

2008 BMW 535xi Sedan
24 Month – Residual 65% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 36% of MSRP – .00270 Base Rate
60 Month – Residual 30% of MSRP – .00270 Base Rate

2008 BMW 535xi Wagon
24 Month – Residual 65% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 32% of MSRP – .00270 Base Rate
60 Month – Residual 26% of MSRP – .00270 Base Rate

2008 BMW 550i Sedan
24 Month – Residual 65% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 29% of MSRP – .00270 Base Rate
60 Month – Residual 23% of MSRP – .00270 Base Rate

2008 BMW M5 Sedan
24 Month – Residual 68% of MSRP – .00250 Base Rate
36 Month – Residual 55% of MSRP – .00250 Base Rate
48 Month – Residual 35% of MSRP – .00270 Base Rate
60 Month – Residual 27% 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: There is nothing attractive about the July rates on the 5-series. There may be a MF reduction for returning BMW customers, but other than that, I would hold out for a better deal down the road.

July 2008 Lease Rate for 08 Land Rover Range Rover

Published by G

Land Rover Range Rover HSE
24 Month – Residual 58% of MSRP – .00024 Base Rate
36 Month – Residual 48% of MSRP – .00135 Base Rate
48 Month – Residual 39% of MSRP – .00177 Base Rate

Land Rover Range Rover Sport HSE
24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 52% of MSRP – .00242 Base Rate
48 Month – Residual 42% of MSRP – .00266 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: Now is as good a time as any to jump into a Range Rover HSE for 24 months. The MF is LOW. The Residual is not too bad if you opt for the 12k yearly miles on the 24mo lease. This probably the better deal of all the SUV lease rates I’ve encountered thus far. I don’t like Range Rovers personally, then again, I don’t like many SUV’s…I’m more of car guy.