Residual

June 2008 Lease Rates for 08 Mercedes Benz E-Class

Published by G

2008 Mercedes E320 BlueTec Sedan
24 Month – Residual 65% 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 42% of MSRP – .00330 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 41% of MSRP – .00130 Base Rate
60 Month – Residual 37% of MSRP – .00330 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 42% of MSRP – .00100 Base Rate
60 Month – Residual 38% of MSRP – .00330 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 41% of MSRP – .00130 Base Rate
60 Month – Residual 37% of MSRP – .00330 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 42% of MSRP – .00100 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes E350 4matic Wagon
24 Month – Residual 56% of MSRP – .00200 Base Rate
36 Month – Residual 45% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes E550 Sport Sedan
24 Month – Residual 57% of MSRP – .00150 Base Rate
36 Month – Residual 47% of MSRP – .00150 Base Rate
48 Month – Residual 40% of MSRP – .00150 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes E550 Sport 4matic Sedan
24 Month – Residual 53% of MSRP – .00365 Base Rate
36 Month – Residual 45% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 35% of MSRP – .00330 Base Rate

2008 Mercedes E63 AMG Sedan
24 Month – Residual 59% of MSRP – .00100 Base Rate
36 Month – Residual 50% of MSRP – .00175 Base Rate
48 Month – Residual 43% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate

2008 Mercedes E63 AMG Wagon
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 47% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 37% of MSRP – .00330 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 E-class is getting a face-lift and new upgrades for the 2009 model year. As you can see, the money factors are very attractive for the 24-month leases, specially for the E350 Sport 4matic. The residuals are not too bad, although, it really sucks when you have to pay almost 40% of the car’s value within 2 years.

June 2008 Lease Rates for 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 36% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 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 42% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 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 36% of MSRP – .00263 Base Rate
60 Month – Residual 29% of MSRP – .00263 Base Rate

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 62% of MSRP – .00263 Base Rate
36 Month – Residual 51% of MSRP – .00263 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 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: Ok I got kind of lazy so I didn’t want to list the X3, X5 and X6 individually, so here’s the complete list. Honestly, the X lineup is not my cup of tea since I don’t really enjoy driving SUVs much (size, parking, higher viewing clearance, etc…). I just like sitting lower and closer to the ground. It doesn’t surprise me to see the X3 holding better residual values than the other two (X5, X6). Everything seems to be dictated by gas prices and the X3 seems to consumes the least amount. I still think BMW needs better lease support to make them great lease deals. But this is BMW and they don’t really need to do much to move their cars.

June 2008 Lease Rate for 2008 Nissan Altima

Published by G

2008 Nissan Altima SL Sedan
24 Month – Residual 69% of MSRP – .00087 Base Rate
36 Month – Residual 58% of MSRP – .00087 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% 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: Suprisingly Enough, the Altima has become a strong contender against the Honda Accord and Toyota Camry. Strong residuals and money factors make this vehicle a pretty good lease. Funny how the Altima was originally slated to be one class below the midsized family sedan. Now, it has effectively squeezed the Maxima out and made itself comfortable in that segment.

June 2008 Lease Rates for 08 Subaru Impreza WRX

Published by G

2008 Subaru Impreza WRX Wagon
24 Month – Residual 64% of MSRP – .00150 Base Rate
36 Month – Residual 55% of MSRP – .00135 Base Rate
48 Month – Residual 47% of MSRP – .00205 Base Rate
60 Month – Residual 40% of MSRP – .00245 Base Rate
2008 Subaru Impreza WRX STi
24 Month – Residual 67% of MSRP – .00240 Base Rate
36 Month – Residual 58% of MSRP – .00215 Base Rate
48 Month – Residual 49% of MSRP – .00215 Base Rate
60 Month – Residual 42% 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’m not too fond of the WRX’s hatchback styling, but there is no denying it’s abilities. The residual value is good on the Wagon and STi, however, the STi’s money factor could use some help. Unfortunately, the payments will still hang around the $400+ range with my recommended drive-off (1st month payment + fees) for the higher-end models.

June 2008 Lease Rate for 08 Hummer H3

Published by G

36mo/12k – lease rate 2.75% ( 0.00115) – residual 60%
36mo/15k – lease rate 2.75% ( 0.00115) – residual 58%

My Take: Haahaa. 60% and 58% residuals for a car that may be discontinued in the near future? I guess it could become a collectors item…then again, gas prices will probably dictate it’s value down the road, which isn’t looking very good right now. If you plan on leasing a Hummer, the numbers are really good right now, but you will probably end up paying all that back in gas. Hopefully, you don’t have to commute far if you decide to get one of these behemoths. Expect lease payments of around high-300s to low 400s with the typical drive-off.

June 2008 Lease Rates for 08 Ford Fusion

Published by G

Fusion I4 SE
36mo/10.5k – lease rate 2.5% (.00104) – residual 52%

My Take: Talk about an odd lease, 10.5k miles per year? and the residual drops to 52% after 3 years? If I were Henry Ford, I’d be haunting someone’s dream right about now.  I think that the Fusion is actually a decent car and consumers (based on Edmunds.com) seem to think highly of the Fusion (9.5). The Edmunds editor’s gave it a 7.8 which is a “GOOD”. Thats pretty sad, since when is getting a “C+” considered “Good”? Someone’s standards are a bit low.

June 2008 Lease Rates 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 35% of MSRP – .00263 Base Rate
60 Month – Residual 27% of MSRP – .00263 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 35% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 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 – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 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 – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 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 37% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 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: Summer is here and BMW has dropped their MF and kept their residual values the same as in May for the Z4. That means you will be leasing this car will come out to be a bit less than last month (probably around $5-$10). Not much, but with every else going up in price around us, it’s better than nothing.

June 2008 Lease Rates for 08 BMW 3-Series

Published by G

2008 BMW 328Ci Coupe
24 Month – Residual 65% of MSRP – .00185 Base Rate
36 Month – Residual 55% of MSRP – .00185 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 32% of MSRP – .00263 Base Rate

2008 BMW 328xi Coupe
24 Month – Residual 65% of MSRP – .00185 Base Rate
36 Month – Residual 55% of MSRP – .00185 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328i Sedan
24 Month – Residual 66% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00165 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328xi Sedan
24 Month – Residual 66% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00165 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328i Wagon
24 Month – Residual 64% of MSRP – .00235 Base Rate
36 Month – Residual 54% of MSRP – .00235 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 328xi Wagon
24 Month – Residual 64% of MSRP – .00235 Base Rate
36 Month – Residual 54% of MSRP – .00235 Base Rate
48 Month – Residual 38% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 328i Convertible
24 Month – Residual 68% of MSRP – .00230 Base Rate
36 Month – Residual 56% of MSRP – .00230 Base Rate
48 Month – Residual 44% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW 335i Coupe
24 Month – Residual 64% of MSRP – .00210 Base Rate
36 Month – Residual 54% of MSRP – .00210 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 32% of MSRP – .00263 Base Rate

2008 BMW 335xi Coupe
24 Month – Residual 64% of MSRP – .00210 Base Rate
36 Month – Residual 54% of MSRP – .00210 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 335i Sedan
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 335xi Sedan
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 Base Rate

2008 BMW 335i Convertible
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW M3 Coupe
24 Month – Residual 61% of MSRP – .00263 Base Rate
36 Month – Residual 51% of MSRP – .00263 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW M3 Sedan
24 Month – Residual 64% of MSRP – .00263 Base Rate
36 Month – Residual 53% of MSRP – .00263 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 Base Rate

2008 BMW M3 Convertible
24 Month – Residual 58% of MSRP – .00263 Base Rate
36 Month – Residual 49% of MSRP – .00263 Base Rate
48 Month – Residual 39% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 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 the M3s have a higher money factor than last month while the non-convertibles have become more “lease-friendly” with the introduction of a lower money factor. I still think BMWs in general are overpriced, despite th fact that they one of the best cars on the road. With the dollars being weaker and things around us getting more expensive each week, I personally can’t justify a BMW anymore. However, for those who can afford it, this is the Ultimate Driving Machine.