August 2008 Lease Rate for 09 Mazda6

My Take: Interesting note on the Mazda6…Did you know the 2009 model starts at about $590 less than the 2008 model? How weird is that? Specially since the 2009 is beefier/heftier cars. I guess it is a bit refreshing to see prices drop a bit instead of go up. Kudos to Mazda for that.

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  • Mazda6 i GT + Nav + Moonroof/Bose + MP3/6CD changer
  • MSRP $30,740
  • Invoice $27,922
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Mazda Mazda6 Sedan i Grand Touring
24 Month – Residual 65% of MSRP – .00189 Base Rate
36 Month – Residual 55% of MSRP – .00185 Base Rate

24mo Payment: $421 at invoice, $544 at MSRP
36mo Payment: $389 at invoice, $472 at MSRP

Expect to pay more in the MSRP range than invoice on this one. One thing that I find rather disturbing is how a 4cyl car that’s loaded like this costs $30k. If you have to pay MSRP for the car, I would suggest looking elsewhere, like the Camry, Accord and Altima. You can get the V6 versions for less.

Rates provided by Tarry Shebesta from Leasecompare.com

Battle of the Sedans: Camry, Accord or Altima

Instead of recommending which car is built better, I’ve decided to take a different approach and tell you which car leases better. For this particular “special competition”, I’ll be comparing the Accord, Camry & Altima. You probably don’t need my thoughts about which car is the better car, after all, there are tons of websites doing that already. I just want to tell you which one will save you some greens. Let’s roll!

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  • Camry XLE V6
  • MSRP $30,014 ($30,514-$500)
  • Invoice N/A
  • Standard inception fees + tax not included
  • Residuals posted are for 12K miles/year.

2009 Toyota Camry XLE V6
36 Month – Residual 62% of MSRP – .00099 Base Rate

36mo Payment: $337 at TMV, $357 at MSRP

Without an invoice price, it is rather difficult to get a nice range on the Camry. Edmund’s TMV does suggest the sale price to be about $29,317 after the $500 rate. This means you only about $697 off MSRP in most areas.

  • Altima Sedan 3.5 SE + Premium + Moonroof
  • MSRP $29,685
  • Invoice $27,367
  • Standard inception fees + tax not included
  • Residuals posted are for 12K miles/year.

2008 Nissan Altima Sedan 3.5 SE
36 Month – Residual 56% of MSRP – .00087 Base Rate

36mo Payment: $337 at invoice, $397 at TMV, $403 at MSRP

TMV suggests the sale price to be at around $29,476. Not much of a discount off MSRP here according to Edmunds. I’m not 100% sold on that fact however. Keep in mind that the Altima is a 2008 model, so I think discounts could be had.

  • Accord EX-L V6
  • MSRP $28,730
  • Invoice $26,086
  • Standard inception fees + tax not included
  • Residuals posted are for 12K miles/year.

2008 Honda Accord EX-L V6
36 Month – Residual 58% of MSRP – .00129 Base Rate

36mo Payment: $317 at invoice, $341 at TMV, $393 at MSRP

For the Accord, we are looking at a sale price of $26,927 according to Edmund’s TMV. Cheapest of the bunch thus far. But how does it lease with a higher MF and middle of the pack residual? About the same.

My Take: Clearly, the Camry stands tall compared to the other two. At TMV price, it blows away the Altima and is relatively competitive with the Accord, at $4 less per month. The Camry comes in with the highest residual and the 2nd lowest MF (by a hair), making it the more attractive lease despite the fact that it’s the most expensive car of the bunch. The only instance in which I would pick the Accord or the Altima over the Camry is if both could be had at invoice or below invoice price and the Camry couldn’t. In the spirit of the Olympics, here’s how the winners break down.

Gold Medal: Toyota Camry XLE V6
Silver Medal: Honda Accord EX-L V6
Bronze Medal: Nissan Altima 3.5 SE

Lease rates for remaining Accord and Altima Coupe models:

2008 Nissan Altima S w/CVT Manual Coupe
24 Month – Residual 66% of MSRP – .00209 Base Rate
36 Month – Residual 57% of MSRP – .00209 Base Rate

2008 Honda Accord LX-S I4 Automatic Coupe
24 Month – Residual 65% of MSRP – .00186 Base Rate
36 Month – Residual 55% of MSRP – .00186 Base Rate

2008 Honda Accord LX-S I4 Manual Coupe
24 Month – Residual 65% of MSRP – .00186 Base Rate
36 Month – Residual 55% of MSRP – .00186 Base Rate

2008 Honda Accord EX I4 Manual Coupe
24 Month – Residual 66% of MSRP – .00186 Base Rate
36 Month – Residual 55% of MSRP – .00186 Base Rate

2008 Honda Accord EX I4 Automatic Coupe
24 Month – Residual 66% of MSRP – .00186 Base Rate
36 Month – Residual 55% of MSRP – .00186 Base Rate

2008 Honda Accord EX-L I4 w/Navigation Manual Coupe
24 Month – Residual 61% of MSRP – .00186 Base Rate
36 Month – Residual 52% of MSRP – .00186 Base Rate

2008 Honda Accord EX-L I4 Automatic Coupe
24 Month – Residual 63% of MSRP – .00186 Base Rate
36 Month – Residual 54% of MSRP – .00186 Base Rate

2008 Honda Accord EX-L V6 Coupe Automatic
24 Month – Residual 63% of MSRP – .00186 Base Rate
36 Month – Residual 53% of MSRP – .00186 Base Rate

2008 Honda Accord EX-L w/Navigation Coupe Automatic
24 Month – Residual 61% of MSRP – .00186 Base Rate
36 Month – Residual 51% of MSRP – .00186 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rates for 08 Cadillac CTS, Subaru WRX STi, GMC Acadia and Porsche Boxster

My Take: Here are some other “bleh” leases going on this month. We have a Caddy CTS (nice car, but I fear the reliability), WRX STi (AWD rice rocket, with wings), Acadia (happens to get as much MPG as my G37. Shocking, I know) and the Porsche Boxter (or Porkster as some would call it). I don’t think there’s much of demand for these cars right now, so if you want to see some numbers, just leave a comment and I’ll punch in some numbers. Better yet, you can use the lease calculator and punch in your own numbers and comment on your discoveries! Then I’ll comment on them! YEY, that would be nice! Haahaa.

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2008 Cadillac CTS
24 Month – Residual 69% of MSRP – .00338 Base Rate
36 Month – Residual 59% of MSRP – .00338 Base Rate
48 Month – Residual 50% of MSRP – .00338 Base Rate

2008 Subaru Impreza WRX STi
24 Month – Residual 66% of MSRP – .00265 Base Rate
36 Month – Residual 57% of MSRP – .00240 Base Rate
48 Month – Residual 48% of MSRP – .00240 Base Rate

2008 GMC Acadia SLE 2WD
24 Month – Residual 67% of MSRP – .00344 Base Rate
36 Month – Residual 60% of MSRP – .00344 Base Rate
48 Month – Residual 52% of MSRP – .00344 Base Rate

2008 GMC Acadia SLT 2WD
24 Month – Residual 67% of MSRP – .00344 Base Rate
36 Month – Residual 60% of MSRP – .00344 Base Rate
48 Month – Residual 52% of MSRP – .00344 Base Rate

2008 GMC Acadia SLE 4WD
24 Month – Residual 67% of MSRP – .00344 Base Rate
36 Month – Residual 60% of MSRP – .00344 Base Rate
48 Month – Residual 52% of MSRP – .00344 Base Rate

2008 GMC Acadia SLT 4WD
24 Month – Residual 67% of MSRP – .00344 Base Rate
36 Month – Residual 60% of MSRP – .00344 Base Rate
48 Month – Residual 52% of MSRP – .00344 Base Rate

2008 Boxster Roadster
24 Month – Residual 59% of MSRP – .00260 Base Rate
36 Month – Residual 59% of MSRP – .00260 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate

2008 Boxster Roadster Limited Edition
24 Month – Residual 59% of MSRP – .00260 Base Rate
36 Month – Residual 59% of MSRP – .00260 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate

2008 Boxster Roadster S
24 Month – Residual 57% of MSRP – .00260 Base Rate
36 Month – Residual 57% of MSRP – .00260 Base Rate
48 Month – Residual 42% of MSRP – .00260 Base Rate
60 Month – Residual 35% of MSRP – .00260 Base Rate

2008 Boxster Roadster S Limited Edition
24 Month – Residual 57% of MSRP – .00260 Base Rate
36 Month – Residual 57% of MSRP – .00260 Base Rate
48 Month – Residual 42% of MSRP – .00260 Base Rate
60 Month – Residual 35% of MSRP – .00260 Base Rate

2008 Boxster Roadster S RS 60
24 Month – Residual 56% of MSRP – .00260 Base Rate
36 Month – Residual 56% of MSRP – .00260 Base Rate
48 Month – Residual 41% of MSRP – .00260 Base Rate
60 Month – Residual 34% of MSRP – .00260 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rate for 08 Mazda CX-9

My Take: 1.9% financing is available for up to 60 months and 0% for up to 36 months. With the 36 month lease MF being around 2.64%, leasing isn’t looking as good as buying right now. Specially if you need an SUV with 3rd row seating. I personally like the CX9 and if I needed something of that size, it would certainly be on my list. With enhanced financing, buying may be the better choice IF you need something of this size and gas prices aren’t a major factor in your decision.

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  • CX-9 Grand Touring AWD + RES + GT Assist Package
  • MSRP $40,350
  • Invoice $37,028
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Mazda CX-9 Grand Touring AWD
24 Month – Residual 58% of MSRP – .00044 Base Rate
36 Month – Residual 48% of MSRP – .00110 Base Rate

24mo Payment: $594 at invoice, $734 at MSRP
36mo Payment: $552 at invoice, $648 at MSRP

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rates for 08/09 Mercedes Benz Models

My Take: Here are the rest of the lease rates for the remaining 08/09 models on the Mercedes Benz lineup. As you can see, there aren’t too many cars that look like potential deals right now. The closest thing to a deal are the 2009 CLK350 Coupe and Convertible. This time around, I’m going to go a-la-cheap and try to keep the price low, meaning no options. Let’s see what kind of deal MB has for us here.

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  • CLK350 Coupe
  • MSRP $46,800
  • Invoice $43,524
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Mercedes CLK350 Coupe
24 Month – Residual 56% of MSRP – .00065 Base Rate
36 Month – Residual 49% of MSRP – .00130 Base Rate
48 Month – Residual 41% of MSRP – .00130 Base Rate

24mo Payment: $767 at invoice, $905 at MSRP
36mo Payment: $658 at invoice, $754 at MSRP
48mo Payment: $588 at invoice, $661 at MSRP

ROFL, part of the reason why I had to go a-la-cheap with the CLK350 is because Edmunds doesn’t have additional data other than the base price without options. Oh well, it kind of worked out since I’m looking to see what would be the lowest price point for this particular car. It doesn’t look terrible, but that’s because this model is bone stock. Prices can only go north from this point on. Recommendation? PASS.

  • CLK350 Convertible
  • MSRP $54,800
  • Invoice $50,964
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Mercedes CLK350 Convertible
24 Month – Residual 62% of MSRP – .00150 Base Rate
36 Month – Residual 53% of MSRP – .00165 Base Rate
48 Month – Residual 44% of MSRP – .00165 Base Rate

24mo Payment: $835 at invoice, $1001 at MSRP
36mo Payment: $741 at invoice, $854 at MSRP
48mo Payment: $683 at invoice, $769 at MSRP

So do you lease a convertible for 48 months at around $700/month? OR do you lease a coupe for around the same for 36 months. Neither. PASS!

2009 Mercedes CL550 4matic
24 Month – Residual 59% of MSRP – .00385 Base Rate
36 Month – Residual 48% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2009 Mercedes CL600
24 Month – Residual 50% of MSRP – .00385 Base Rate
36 Month – Residual 41% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

2009 Mercedes CL63 AMG
24 Month – Residual 54% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 30% of MSRP – .00350 Base Rate

2009 Mercedes CL65 AMG
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 41% of MSRP – .00350 Base Rate
48 Month – Residual 33% of MSRP – .00350 Base Rate
60 Month – Residual 27% of MSRP – .00350 Base Rate

2009 Mercedes CLK550 Coupe
24 Month – Residual 52% 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 33% of MSRP – .00350 Base Rate

2009 Mercedes CLK550 Convertible
24 Month – Residual 60% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 43% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2009 Mercedes CLS550
24 Month – Residual 66% of MSRP – .00255 Base Rate
36 Month – Residual 54% of MSRP – .00255 Base Rate
48 Month – Residual 46% of MSRP – .00255 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

2009 Mercedes R350
24 Month – Residual 59% of MSRP – .00220 Base Rate
36 Month – Residual 49% of MSRP – .00200 Base Rate
48 Month – Residual 38% of MSRP – .00200 Base Rate

2009 Mercedes S550
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2009 Mercedes S550 4matic
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2009 Mercedes S600
24 Month – Residual 47% of MSRP – .00385 Base Rate
36 Month – Residual 39% of MSRP – .00350 Base Rate
48 Month – Residual 35% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

2009 Mercedes S63
24 Month – Residual 55% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2009 Mercedes S65
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

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 62% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 37% 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

2008 Mercedes CL550 Coupe
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 47% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 30% of MSRP – .00350 Base Rate

2008 Mercedes CL600 Coupe
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 31% of MSRP – .00350 Base Rate
60 Month – Residual 25% of MSRP – .00350 Base Rate

2008 Mercedes CL63 AMG Coupe
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 44% of MSRP – .00350 Base Rate
48 Month – Residual 35% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

2008 Mercedes CL65 V12 AMG Coupe
24 Month – Residual 47% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 32% of MSRP – .00350 Base Rate
60 Month – Residual 26% of MSRP – .00350 Base Rate

2008 Mercedes CLK350 Coupe
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 43% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes CLK350 Convertible
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 48% 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 CLK550 Coupe
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 CLK550 Convertible
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 35% 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

2008 Mercedes G500 Wagon
24 Month – Residual 56% 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 37% of MSRP – .00350 Base Rate

2008 Mercedes G55 AMG Wagon
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes GL320 CDI Wagon
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 39% of MSRP – .00350 Base Rate

2008 Mercedes GL450 Wagon
24 Month – Residual 59% 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 37% of MSRP – .00350 Base Rate

2008 Mercedes GL550 Wagon
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 47% of MSRP – .00350 Base Rate
48 Month – Residual 41% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 65% of MSRP – .00385 Base Rate
36 Month – Residual 53% of MSRP – .00350 Base Rate
48 Month – Residual 44% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 57% 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 ML550 4WD SUV
24 Month – Residual 52% 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 30% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 51% 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 R320 CDI RWD Wagon
24 Month – Residual 60% 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 37% of MSRP – .00350 Base Rate

2008 Mercedes R350 RWD Wagon
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 43% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R350 4matic Wagon
24 Month – Residual 52% 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 S550 Sedan
24 Month – Residual 55% 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 31% of MSRP – .00350 Base Rate

2008 Mercedes S550 4matic Sedan
24 Month – Residual 55% 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 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 28% of MSRP – .00350 Base Rate

2008 Mercedes S63 AMG Sedan
24 Month – Residual 54% of MSRP – .00385 Base Rate
36 Month – Residual 44% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 32% 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 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 SL65 AMG Convertible
24 Month – Residual 46% of MSRP – .00385 Base Rate
36 Month – Residual 38% of MSRP – .00350 Base Rate
48 Month – Residual 32% of MSRP – .00350 Base Rate
60 Month – Residual 29% 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

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rate for 08/09 Audi Models

My Take: Here are the numbers for the remainder of the Audi lineup. I would analyze each individual model, but there just aren’t any deals to be had here. The closest thing to a “deal” is the Q7, but it’s residual value is so bad that I really don’t recommend leasing any of these cars right now. Just for kicks, I will analyze the R8’s lease payments. I’ve always wondered how much one of these costs…

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  • R8 Manual + Premium + Pearl/Metallic Paint + Enhanced Leather + Navi + Premium Sound + 19″ rims
  • MSRP $128,150
  • Invoice $119,152
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Audi R8 6-speed
24 Month – Residual 54% of MSRP – .00325 Base Rate
36 Month – Residual 48% of MSRP – .00325 Base Rate
48 Month – Residual 40% of MSRP – .00345 Base Rate
** This is a special 10K mi/year **

24mo Payment: $2693 at invoice, $3098 at MSRP
36mo Payment: $2188 at invoice, $2467 at MSRP

Haahaa. That was fun. I’ve seen mortgage payments cheaper than this. Heck, there are homes cheaper than this in parts of the US. Well, we can dream, right? I bet some of you are probably running your monthly budget in your heads right now just to see how a R8 would fit in it, huh? Heehee. I don’t blame you.

2009 Audi R8 R tronic
24 Month – Residual 52% of MSRP – .00325 Base Rate
36 Month – Residual 46% of MSRP – .00325 Base Rate
48 Month – Residual 38% of MSRP – .00345 Base Rate
** This is a special 10K mi/year **

2008 Audi A8 quattro
24 Month – Residual 45% of MSRP – .00276 Base Rate
36 Month – Residual 37% of MSRP – .00276 Base Rate

2008 Audi A8 L quattro
24 Month – Residual 45% of MSRP – .00276 Base Rate
36 Month – Residual 37% of MSRP – .00276 Base Rate

2008 Audi A8 L W12 quattro
24 Month – Residual 39% of MSRP – .00466 Base Rate
36 Month – Residual 31% of MSRP – .00466 Base Rate

2008 Audi S8 Sedan
24 Month – Residual 50% of MSRP – .00276 Base Rate
36 Month – Residual 42% of MSRP – .00276 Base Rate

2008 Audi R8 6-speed
24 Month – Residual 57% of MSRP – .00325 Base Rate
36 Month – Residual 49% of MSRP – .00325 Base Rate
48 Month – Residual 41% of MSRP – .00345 Base Rate
** This is a special 10K mi/year **

2008 Audi R8 R tronic
24 Month – Residual 56% of MSRP – .00325 Base Rate
36 Month – Residual 48% of MSRP – .00325 Base Rate
48 Month – Residual 40% of MSRP – .00345 Base Rate
** This is a special 10K mi/year **

2008 Audi Q7 3.6 Base
24 Month – Residual 53% of MSRP – .00180 Base Rate
36 Month – Residual 45% of MSRP – .00180 Base Rate

2008 Audi Q7 3.6 Premium
24 Month – Residual 50% of MSRP – .00180 Base Rate
36 Month – Residual 42% of MSRP – .00180 Base Rate

2008 Audi Q7 4.2 Premium
24 Month – Residual 51% of MSRP – .00196 Base Rate
36 Month – Residual 43% of MSRP – .00196 Base Rate

2008 Audi TT 2.0T FrontTrak Coupe
24 Month – Residual 56% of MSRP – .00286 Base Rate
36 Month – Residual 48% of MSRP – .00286 Base Rate

2008 Audi TT 2.0T S tronic Cabriolet
24 Month – Residual 56% of MSRP – .00286 Base Rate
36 Month – Residual 48% of MSRP – .00286 Base Rate

2008 Audi TT 3.2 quattro 6-Speed Coupe
24 Month – Residual 55% of MSRP – .00286 Base Rate
36 Month – Residual 47% of MSRP – .00286 Base Rate

2008 Audi TT 3.2 quattro Tiptronic Coupe
24 Month – Residual 55% of MSRP – .00286 Base Rate
36 Month – Residual 47% of MSRP – .00286 Base Rate

2008 Audi TT 3.2 quattro 6-Speed Cabriolet
24 Month – Residual 56% of MSRP – .00286 Base Rate
36 Month – Residual 48% of MSRP – .00286 Base Rate

2008 Audi TT 3.2 quattro Tiptronic Cabriolet
24 Month – Residual 56% of MSRP – .00286 Base Rate
36 Month – Residual 48% of MSRP – .00286 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rate for 08 Audi A3

My Take: Reduced MF is available on the Audi A3 this month, but I suspect that the low residual will kill the deal here. Special financing is also available (2.9% up to 60 months), so buying may be the more attractive option. No cash incentives can be seen here, but it doesn’t mean the dealer will not cut you a decent deal to move inventory. These are 2008 models after all.

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  • A3 2.0T DSG + Premium + S-Line
  • MSRP $32,185
  • Invoice $29,988
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Audi A3 2.0T DSG Hatchback
24 Month – Residual 50% of MSRP – .00155 Base Rate
36 Month – Residual 42% of MSRP – .00155 Base Rate

24mo Payment: $650 at invoice, $745 at MSRP
36mo Payment: $525 at invoice, $589 at MSRP

TMV suggests a price of $30,314, but being the guy that I am, I would ask for a few grand below invoice. I mean the residual is terrible and it’s really killing the deal for me. I would look at the GTI instead since it has the same DSG transmission *drool* and it’s also a hatchback. You may be missing the Quattro, but you are saving yourself a few hundred less a month so it can’t be all that bad. Better yet, check out the MINI Cooper S, even at invoice, that car is cheaper lease than the A3.

2008 Audi A3 2.0T Manual Hatchback
24 Month – Residual 50% of MSRP – .00155 Base Rate
36 Month – Residual 42% of MSRP – .00155 Base Rate

2008 Audi A3 3.2 S-Line quattro DSG Hatchback
24 Month – Residual 54% of MSRP – .00182 Base Rate
36 Month – Residual 46% of MSRP – .00182 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rate for 09 Mercedes Benz SLK-Class

My Take: Cool! We may have a decent deal here. The MB SLK300 got a drop in MF for the 36 and 48 month leases, so let us take a look!

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  • SLK300 + Premium
  • MSRP $50,045
  • Invoice $46,601
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Mercedes SLK300
24 Month – Residual 60% of MSRP – .00175 Base Rate
36 Month – Residual 52% of MSRP – .00085 Base Rate
48 Month – Residual 44% of MSRP – .00085 Base Rate

24mo Payment: $825 at invoice, $974 at MSRP
36mo Payment: $633 at invoice, $732 at MSRP
48mo Payment: $570 at invoice, $645 at MSRP

Compared to the other SLK models, the SLK300 has some lease support this month. If you are in the market for one, now may not be a bad time! I’m sure this car is not exactly flying off the shelves right now, so I wouldn’t be surprised to see MB go below invoice to move it.

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

2009 Mercedes SLK55 AMG
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

Rates provided by Tarry Shebesta from Leasecompare.com