My Take: I am a bit busy this week so I won’t be able to do any payment estimates for The List. Instead, I will post all of the remaining lease rates I have along with my recommendations. For the Q7, leasing to buy is an excellent option right now. Residuals are low and so are the money factors. Just watch out for the 4.2 Prestige trim. That one is going to cost you more this month due to the significantly higher money factor.
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2009 Audi Q7
2009 Audi Q7 3.6 Base
24-month | 15k miles | residual 47% | .00015 base money factor
36-month | 15k miles | residual 40% | .00015 base money factor
48-month | 15k miles | residual 33% | .00363 base money factor
2009 Audi Q7 3.6 Premium
24-month | 15k miles | residual 49% | .00015 base money factor
36-month | 15k miles | residual 42% | .00015 base money factor
48-month | 15k miles | residual 35% | .00363 base money factor
2009 Audi Q7 3.6 Premium Plus
24-month | 15k miles | residual 48% | .00015 base money factor
36-month | 15k miles | residual 41% | .00015 base money factor
48-month | 15k miles | residual 34% | .00363 base money factor
2009 Audi Q7 3.6 Prestige
24-month | 15k miles | residual 46% | .00015 base money factor
36-month | 15k miles | residual 39% | .00015 base money factor
48-month | 15k miles | residual 32% | .00363 base money factor
2009 Audi Q7 4.2 Prestige
24-month | 15k miles | residual 45% | .00181 base money factor
36-month | 15k miles | residual 38% | .00181 base money factor
48-month | 15k miles | residual 31% | .00363 base money factor
My Take: The only car on this list that has a nice combination of residuals and money factor is the SL550. Problem is, it isn’t THAT nice. The money factor is low, which is nice. Unfortunately, the residual is a bit lower than I would personally like. You could argue that this is a good “lease-to-buy” candidate, though.
My Take: If you have been following this blog for some time, I’m probably sure you’ve learned to identify what good and bad leases look like. This one, isn’t a very strong one obviously.
My Take: I’m a bit mixed on the Mazda CX-9 this month because the residual are so bad, not even the lower money factor can save it. Remember that Mazda’s only have a 3-yr/36k miles, so leasing a term that is beyond that requires that you pay for any repairs from your own pocket. Chances are, you won’t be experiencing any major repairs within 4 yrs, but I would personally not take that chance. 2010 models should be rolling in sometime during the summer, so you could be seeing some increased efforts to move this ride in the coming months.
My Take: The residuals on the RAV4 are so high that it really does a good job offsetting the higher money factor. Just remember that high residuals makes for poor buyouts once your lease ends. This means that you will likely overpay should you try to buy the car out OR lose money if you try to end the lease early by trading it in or selling it. With that in mind, the RAV4 is an excellent alternative to the Honda CRV, which boasts a ridiculous .00250 MF. Toyota is also offering $500 cash back to customers, so whatever the dealer offers, minus $500 should be your sale price. If you are in the military, add another $400. If you are a college graduate, add another $1000. That’s $1900 if you qualify for all these rebates. Nice huh?