Residual

July 2008 Lease Rate for 08 Cadillac Escalade

Published by G

2008 Cadillac Escalade 2WD
24 Month – Residual 66% of MSRP – .00256 Base Rate
36 Month – Residual 56% of MSRP – .00256 Base Rate
48 Month – Residual 48% of MSRP – .00256 Base Rate

2008 Cadillac Escalade ESV 2WD
24 Month – Residual 66% of MSRP – .00256 Base Rate
36 Month – Residual 56% of MSRP – .00256 Base Rate
48 Month – Residual 48% of MSRP – .00256 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: Earlier (on the Cayenne post) I recommended this over a Porsche (the world is gonna end!). I do want to point out that it was ONLY from a financial stand point. Porsche’s are like hot women, you only kick them out of bead for the right reasons. The Cayenne’s MF only a tad higher than the Escalade’s, but the residual is over 6% lower in every term. That’s a lot of pocket change right there! The downside is that these Escalades are 2WD and the Cayenna comes in AWD, but that only matters if you live in cities with extreme weather conditions.

July 2008 Lease Rate for 08 Porsche Cayenne

Published by G

2008 Cayenne V6 4WD
24 Month – Residual 59% of MSRP – .00260 Base Rate
36 Month – Residual 58% of MSRP – .00260 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate

2008 Cayenne S 4WD
24 Month – Residual 55% of MSRP – .00260 Base Rate
36 Month – Residual 52% of MSRP – .00260 Base Rate
48 Month – Residual 40% of MSRP – .00260 Base Rate
60 Month – Residual 33% of MSRP – .00260 Base Rate

2008 Cayenne Turbo 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 45% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 Base Rate

2008 Cayenne GTS Manual 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 49% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 Base Rate

2008 Cayenne GTS Tiptronic 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 49% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 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 wouldn’t lease a Cayenne this month. Not only are the money factors unattractive (.00260 across the board), the residual is really low, making this a pretty expensive lease considering it’s price tag. A better option could be the X5, or better yet, the Escalade and the Land Rover seem to lease for significantly less. (OMG!!! I recommended a GM and Ford over a Porsche and BMW!!!!)

July 2008 Lease Rate for 08 Honda Accord LX

Published by G

Honda Accord LX
36mo/15k –  money factor .00186 – residual 58%

My Take: The MF fairly reasonable for the month of July and the residual is still strong (60% for 12k yearly miles). Is a fantastic deal like Honda commercials claim it is? Not really, but they can find your lost beagle, shuck you some oysters and what not, that WOULD BE a great deal.

July 2008 Lease Rate for 08 Lexus RX350

Published by G

2009 Lexus RX350 2WD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 43% of MSRP – .00135 Base Rate
60 Month – Residual 35% of MSRP – .00245 Base Rate

2009 Lexus RX350 2WD w/RSE
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 41% of MSRP – .00135 Base Rate
60 Month – Residual 33% of MSRP – .00245 Base Rate

2009 Lexus RX350 AWD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00135 Base Rate
60 Month – Residual 36% of MSRP – .00245 Base Rate

2009 Lexus RX350 w/ RSE AWD
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 34% 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: The MF is not too bad, but it seems to be the Infiniti EX35 is a better deal right now. The RX350 has been one of the most popular crossovers (if not the most) for quite some time. It’s magnificently egg-shaped styling allows plenty of cargo space and luxury that is unparalleled. With that said, I don’t think I’d ever get one, not very fond of it the “egg-shaped” styling even though it’s functional.

July 2008 Lease Rate for 08 Infiniti G35/G37

Published by G

2008 Infiniti G35 Base Sedan
24 Month – Residual 67% of MSRP – .00103 Base Rate
36 Month – Residual 57% of MSRP – .00134 Base Rate
48 Month – Residual 48% of MSRP – .00175 Base Rate
60 Month – Residual 40% of MSRP – .00202 Base Rate

2008 Infiniti G35 Journey Sedan
24 Month – Residual 66% of MSRP – .00103 Base Rate
36 Month – Residual 56% of MSRP – .00134 Base Rate
48 Month – Residual 47% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00202 Base Rate

2008 Infiniti G35 Sport Sedan
24 Month – Residual 66% of MSRP – .00103 Base Rate
36 Month – Residual 56% of MSRP – .00134 Base Rate
48 Month – Residual 47% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00202 Base Rate

2008 Infiniti G35 X Sedan
24 Month – Residual 68% of MSRP – .00147 Base Rate
36 Month – Residual 58% of MSRP – .00167 Base Rate
48 Month – Residual 49% of MSRP – .00202 Base Rate
60 Month – Residual 39% of MSRP – .00204 Base Rate

2008 Infiniti G37 Coupe
24 Month – Residual 73% of MSRP – .00190 Base Rate
36 Month – Residual 63% of MSRP – .00216 Base Rate
48 Month – Residual 53% of MSRP – .00195 Base Rate
60 Month – Residual 45% of MSRP – .00196 Base Rate

2008 Infiniti G37 Journey Coupe
24 Month – Residual 70% of MSRP – .00190 Base Rate
36 Month – Residual 60% of MSRP – .00216 Base Rate
48 Month – Residual 51% of MSRP – .00195 Base Rate
60 Month – Residual 43% of MSRP – .00196 Base Rate

2008 Infiniti G37 Sport Coupe
24 Month – Residual 71% of MSRP – .00190 Base Rate
36 Month – Residual 61% of MSRP – .00216 Base Rate
48 Month – Residual 52% of MSRP – .00195 Base Rate
60 Month – Residual 44% 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: Unfortunately, the numbers for July are not as good as May/Junes. Expect your monthly payments to go up some $20 or so per month.

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July 2008 Lease Rate for 08 Infiniti EX35

Published by G

2008 Infiniti EX35 2WD
24 Month – Residual 66% of MSRP – .00001 Base Rate
36 Month – Residual 54% of MSRP – .00002 Base Rate
48 Month – Residual 45% of MSRP – .00096 Base Rate
60 Month – Residual 38% of MSRP – .00197 Base Rate

2008 Infiniti EX35 Journey 2WD
24 Month – Residual 61% of MSRP – .00001 Base Rate
36 Month – Residual 51% of MSRP – .00002 Base Rate
48 Month – Residual 42% of MSRP – .00096 Base Rate
60 Month – Residual 36% of MSRP – .00197 Base Rate

2008 Infiniti EX35 AWD
24 Month – Residual 67% of MSRP – .00014 Base Rate
36 Month – Residual 56% of MSRP – .00057 Base Rate
48 Month – Residual 46% of MSRP – .00113 Base Rate
60 Month – Residual 39% of MSRP – .00211 Base Rate

2008 Infiniti EX35 Journey AWD
24 Month – Residual 63% of MSRP – .00014 Base Rate
36 Month – Residual 52% of MSRP – .00057 Base Rate
48 Month – Residual 43% of MSRP – .00113 Base Rate
60 Month – Residual 37% of MSRP – .00211 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 24mo and 36mo leases on the RWD Base and Journey are looking rather tasty this month with an ultra low MF and fairly high residual. If you are in So Cal and are able to get a sale price of a few thousand dollars under invoice (EX35 Journey + Premium RWD), then you should be looking at a sub-$400 a month lease with just inception fees. (Unfortunately, most of the cash incentives is available for purchases only, see update for more details)

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UPDATE! Looks like you can get the EX35 for around $7000 off MSRP. Couple of catches…it’s for purchases, not leasing. It also doesn’t stack with special financing. The good news is that the you should still be able to get under invoice on the EX35 if you chose to lease, but your payments will probably jump to the mid-400s.

July 2008 Lease Rate for 08 Saab 9-3

Published by G

2008 Saab 9-3 Sedan
24 Month – Residual 69% of MSRP – .00206 Base Rate
36 Month – Residual 57% of MSRP – .00206 Base Rate
48 Month – Residual 46% of MSRP – .00206 Base Rate

2008 Saab 9-3 Sedan Aero
24 Month – Residual 70% of MSRP – .00206 Base Rate
36 Month – Residual 58% of MSRP – .00206 Base Rate
48 Month – Residual 46% of MSRP – .00206 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: GM is OFFICIALLY run by morons. They introduce the “72-hour sale” last month and they don’t include two of the more “popular” Saabs in their line up. Then they top it off by raising the MF from June. Haahaa. I wonder what they’ll do in August…lower the residual and bump up the MF some more?

July 2008 Lease Rate for 08 Cadillac CTS

Published by G

2008 Cadillac CTS
24 Month – Residual 69% of MSRP – .00254 Base Rate
36 Month – Residual 59% of MSRP – .00254 Base Rate
48 Month – Residual 50% of MSRP – .00254 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: If the MF wasn’t so high on the CTS, I would have probably leased one instead of my G37. GM typically doesn’t introduce low MFs for leases unless they have having difficulty moving those cars. That isn’t the case with the CTS so you may be better off buying the car since GMAC is offering low apr financing on the CTS. (0% for 36mo, 2.9% for 48mo, 3.9% for 60mo).