Residual

May 2008 Lease Rate for 08 7-Series

Published by G

2008 BMW 750i Sedan
24 Month – Residual 64% of MSRP – .00200 Base Rate
36 Month – Residual 54% of MSRP – .00200 Base Rate
48 Month – Residual 31% of MSRP – .00258 Base Rate
60 Month – Residual 25% of MSRP – .00258 Base Rate

2008 BMW 750Li Sedan
24 Month – Residual 64% of MSRP – .00200 Base Rate
36 Month – Residual 54% of MSRP – .00200 Base Rate
48 Month – Residual 31% of MSRP – .00258 Base Rate
60 Month – Residual 25% of MSRP – .00258 Base Rate

2008 BMW 760Li Sedan
24 Month – Residual 51% of MSRP – .00200 Base Rate
36 Month – Residual 41% of MSRP – .00200 Base Rate
48 Month – Residual 28% of MSRP – .00258 Base Rate
60 Month – Residual 23% of MSRP – .00258 Base Rate

2008 BMW Alpina B7 Sedan
24 Month – Residual 54% of MSRP – .00200 Base Rate
36 Month – Residual 44% of MSRP – .00200 Base Rate
48 Month – Residual 33% of MSRP – .00258 Base Rate
60 Month – Residual 27% of MSRP – .00258 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: You know, I never really liked the 7-series. I always found a lack of elegance in the design of the 7-series. In contrast, nothing says “I got money” like the S-class Benzo. Surprisingly, the 7-series has a better lease rate than the 6-series, but all that is offset by the icky residual. Recommendation is to buy it instead of leasing. You might get a pretty sweet deal out of it considering the fact that BMW will be redesigning the 7-series very shortly.

May 2008 Lease Rate for 08 BMW 6-Series

Published by G

2008 BMW 650Ci Coupe
24 Month – Residual 66% of MSRP – .00205 Base Rate
36 Month – Residual 56% of MSRP – .00205 Base Rate
48 Month – Residual 37% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 Base Rate

2008 BMW 650CiC Convertible
24 Month – Residual 68% of MSRP – .00205 Base Rate
36 Month – Residual 58% of MSRP – .00205 Base Rate
48 Month – Residual 38% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 Base Rate

2008 BMW M6 Coupe
24 Month – Residual 69% of MSRP – .00250 Base Rate
36 Month – Residual 58% of MSRP – .00250 Base Rate
48 Month – Residual 43% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 Base Rate

2008 BMW M6 Convertible
24 Month – Residual 69% of MSRP – .00250 Base Rate
36 Month – Residual 58% of MSRP – .00250 Base Rate
48 Month – Residual 43% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 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 car reminds me of the Mercedes Benz CLS, but in a coupe form. They both have a very organic-curved design and are price around the same price range. They are both very elegant, however, if I had to pick one of the other, I’d go with the CLS. As expected, the M6 has a higher money factor, but the higher residual value does help offset that somewhat. I have no experience leasing these things since I don’t have 70-80k or more laying around. If you can afford to even consider leasing this ride, you should be the type of person who can easily buy it.

May 2008 Lease Rate for 08 BMW 3-Series

Published by G

2008 BMW 328Ci Coupe
24 Month – Residual 65% of MSRP – .00195 Base Rate
36 Month – Residual 55% of MSRP – .00195 Base Rate
48 Month – Residual 40% of MSRP – .00258 Base Rate
60 Month – Residual 32% of MSRP – .00258 Base Rate

2008 BMW 328xi Coupe
24 Month – Residual 65% of MSRP – .00195 Base Rate
36 Month – Residual 55% of MSRP – .00195 Base Rate
48 Month – Residual 41% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW 328i Sedan
24 Month – Residual 66% of MSRP – .00175 Base Rate
36 Month – Residual 56% of MSRP – .00175 Base Rate
48 Month – Residual 40% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW 328xi Sedan
24 Month – Residual 66% of MSRP – .00175 Base Rate
36 Month – Residual 56% of MSRP – .00175 Base Rate
48 Month – Residual 40% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW 328i Wagon
24 Month – Residual 64% of MSRP – .00245 Base Rate
36 Month – Residual 54% of MSRP – .00245 Base Rate
48 Month – Residual 37% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 Base Rate

2008 BMW 328xi Wagon
24 Month – Residual 64% of MSRP – .00245 Base Rate
36 Month – Residual 54% of MSRP – .00245 Base Rate
48 Month – Residual 38% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 Base Rate

2008 BMW 328i Convertible
24 Month – Residual 68% of MSRP – .00240 Base Rate
36 Month – Residual 56% of MSRP – .00240 Base Rate
48 Month – Residual 44% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 Base Rate

2008 BMW 335i Coupe
24 Month – Residual 64% of MSRP – .00220 Base Rate
36 Month – Residual 54% of MSRP – .00220 Base Rate
48 Month – Residual 40% of MSRP – .00258 Base Rate
60 Month – Residual 32% of MSRP – .00258 Base Rate

2008 BMW 335xi Coupe
24 Month – Residual 64% of MSRP – .00220 Base Rate
36 Month – Residual 54% of MSRP – .00220 Base Rate
48 Month – Residual 41% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW 335i Sedan
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 56% of MSRP – .00200 Base Rate
48 Month – Residual 40% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW 335xi Sedan
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 56% of MSRP – .00200 Base Rate
48 Month – Residual 41% of MSRP – .00258 Base Rate
60 Month – Residual 34% of MSRP – .00258 Base Rate

2008 BMW 335i Convertible
24 Month – Residual 65% of MSRP – .00225 Base Rate
36 Month – Residual 54% of MSRP – .00225 Base Rate
48 Month – Residual 42% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW M3 Coupe
24 Month – Residual 61% of MSRP – .00258 Base Rate
36 Month – Residual 51% of MSRP – .00258 Base Rate
48 Month – Residual 42% of MSRP – .00258 Base Rate
60 Month – Residual 33% of MSRP – .00258 Base Rate

2008 BMW M3 Sedan
24 Month – Residual 64% of MSRP – .00258 Base Rate
36 Month – Residual 53% of MSRP – .00258 Base Rate
48 Month – Residual 42% of MSRP – .00258 Base Rate
60 Month – Residual 34% of MSRP – .00258 Base Rate

2008 BMW M3 Convertible
24 Month – Residual 58% of MSRP – .00258 Base Rate
36 Month – Residual 49% of MSRP – .00258 Base Rate
48 Month – Residual 39% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 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: Call me old-fashioned, but I still prefer the previous generation’s exterior styling and design. The engine upgrades certainly make up for the new style. Plenty of folks like the new 3-series though, so I’m sure they got it right. The lease rates are actually not bad if you stay away from the M3s, coupes or the convertibles. Funny how they know which cars to jack up the lease rates on.

May 2008 Lease Rate for 08 BMW 1-Series

Published by G

2008 BMW 128i Coupe
24 Month – Residual 75% of MSRP – .00258 Base Rate
36 Month – Residual 61% of MSRP – .00258 Base Rate
48 Month – Residual 49% of MSRP – .00258 Base Rate
60 Month – Residual 40% of MSRP – .00258 Base Rate

2008 BMW 128i Convertible
24 Month – Residual 73% of MSRP – .00258 Base Rate
36 Month – Residual 60% of MSRP – .00258 Base Rate
48 Month – Residual 47% of MSRP – .00258 Base Rate
60 Month – Residual 38% of MSRP – .00258 Base Rate

2008 BMW 135i Coupe
24 Month – Residual 70% of MSRP – .00258 Base Rate
36 Month – Residual 57% of MSRP – .00258 Base Rate
48 Month – Residual 46% of MSRP – .00258 Base Rate
60 Month – Residual 38% of MSRP – .00258 Base Rate

2008 BMW 135i Convertible
24 Month – Residual 72% of MSRP – .00258 Base Rate
36 Month – Residual 59% of MSRP – .00258 Base Rate
48 Month – Residual 46% of MSRP – .00258 Base Rate
60 Month – Residual 37% of MSRP – .00258 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: Ewww. Love the 3.5l engine, hate everything else. What’s worse, this car could run you more than a 3-series. How silly is that? There’s absolutely no lease support on this vehicle, so if you want it, you’re going to be paying for it.

May 2008 Lease Rate for 08 Honda CR-V

Published by G

EX AWD
36mo/12k – residual 63% – money factor .00235
36mo/15k – residual 61% – money factor .00235

EX-L AWD
36mo/12k – residual 62% – money factor .00235
36mo/15k – residual 60% – money factor .00235

*security deposit may be required

My Take: The residual value seems to help offset the high money factor in this case. This is a nice compact SUV that gives pretty decent gas mileage. The rims on the “cheaper” version of this car are very unattractive if you ask me. The EX-L’s rims are FAR better looking, so if you can afford this model, do it. My cousin’s girlfriend recently purchased this vehicle and got a nice sale price of approximately $24500 + tax and licenses. Not bad considering it’s MSRP is in the $29,000s.

May 2008 Lease Rates for Honda Civic

Published by G

Civic Coupe EX
36mo/12k – residual 60% – money factor .00165
36mo/15k – residual 58% – money factor .00165

*security deposit may be required.

My Take: The Civic is a solid performer in terms of fuel economy and performance. It’s styling may not be for everyone, but it’s a Honda, so you know they are good cars and fairly reliable. I personally like them, but I would opt for the Si since I like my cars a bit peppier.

May 2008 Lease Rates 2008 Dodge Charger SRT8

Published by G

36mo/12k – residual 58% – money factor .00276
36mo/15k – residual 57% – money factor .00276

My Take: If Mazda is “ZOOM ZOOM” then the Charger SRT-8 is “VROOM VROOM”. You can hear this car come roaring down the street before you even see it, much like its distant cousin, the Dodge Viper. I think the MF is too high, maybe you can put multiple security deposits down to lower it a bit. This is a mean ride so if you can afford the gas and the insurance, do it.

May 2008 Lease Rate for 09 Dodge Journey

Published by G

Journey SE 2W
36mo/12k – residual 49% – money factor .00199

Journey SXT 2WD
36mo/12k – residual 52% – money factor .00191

*$1000 cash incentive

My Take: Road and Track magazine compared all the current crossovers in a 5 car comparo. Guess who came in dead last? Yeah, good old Dodge Journey. Honestly, this car looks more like a minivan than a crossover SUV. Get an Odyssey, it may be a minivan, but you get more room, better built quality and it looks much better. The lease rates are self explanatory…leasing this will probably cost you more than buying (in the long run).