Author: G

July 2008 Lease Rate for 08 Infiniti M35

Published by G

2008 Infiniti M35 Sedan
24 Month – Residual 58% of MSRP – .00002 Base Rate
36 Month – Residual 48% of MSRP – .00064 Base Rate
48 Month – Residual 40% of MSRP – .00140 Base Rate
60 Month – Residual 30% of MSRP – .00187 Base Rate

2008 Infiniti M35 AWD Sedan
24 Month – Residual 59% of MSRP – .00024 Base Rate
36 Month – Residual 50% of MSRP – .00099 Base Rate
48 Month – Residual 41% of MSRP – .00152 Base Rate
60 Month – Residual 31% 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: The sale price on the M35 should be lower than invoice. At least that’s what some folks report. The MF is very low right now, but so is the residual. I haven’t been following the Ms much, so I can’t say for certain if this is the “Deal of the Year”. It certainly is worth inquiring about if you are looking for an alternative to the 5-series or the E-class.  If you live in So Cal, I can refer you to my local Infiniti guy.

July 2008 Lease Rate for 08 Honda CR-V

Published by G

2008 Honda CR-V LX 2WD
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate

2008 Honda CR-V EX 2WD
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate

2008 Honda CR-V EX-L 2WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate

2008 Honda CR-V EX-L w/Navigation 2WD
24 Month – Residual 61% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 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: Not the best MF right now. Buying isn’t look that much better since there isn’t any special financing available either. If you can afford to wait on the CR-V, I would recommend doing so.

July 2008 Lease Rate for 08 Honda Civic Si

Published by G

2008 Honda Civic Coupe Si
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 47% of MSRP – .00255 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: Not exactly the best lease right now, specially for the 24mo term. I would wait, or simply buy it. Looks like most manufacturers are introducing very attractive financing options and rebates for purchase this time of the year.

July 2008 Lease Rate for 08 Acura TL

Published by G

2008 Acura TL Sedan
24 Month – Residual 61% of MSRP – .00133 Base Rate
36 Month – Residual 51% of MSRP – .00133 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Acura TL w/Navigation Sedan
24 Month – Residual 59% of MSRP – .00133 Base Rate
36 Month – Residual 50% of MSRP – .00133 Base Rate
48 Month – Residual 41% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Acura TL Type-S Sedan
24 Month – Residual 58% of MSRP – .00133 Base Rate
36 Month – Residual 49% of MSRP – .00133 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 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: Finally found some Acura lease rates! I still think March was the best time to lease a TL. Hindsight is 20/20 after all, so telling you now doesn’t serve any purpos, except to make you feel bad. However, there is $1000 in factory cash available to lessees. So negotiate a low sale price then tack on the factory cash. Remember dealer and factory incentives are TWO different things from two different sources. The residual stinks on the TL right now, but the MF is now too bad. As posted earlier, the 2009 TL is arriving in the fall. So there could be a fire-sale of the remaining 08 TLs. I remember back in 2003, I was shopping around for a car and stumbled upon the previous generation TL, they were deeply discounting (at least 5000 off MSRP) them because of the 2004 TL was coming. So expect more of the same this time around.

July 2008 Lease Rate for 2008 Pontiac G8

Published by G

2008 Pontiac G8 Sedan
24 mo/15k mi – Residual Value 59% of MSRP – .00208 Base Money Factor Rate
36 mo/15k mi – Residual Value 51% of MSRP – .00208 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00208 Base Money Factor Rate

2008 Pontiac G8 GT Sedan
24 mo/15k mi – Residual Value 59% of MSRP – .00208 Base Money Factor Rate
36 mo/15k mi – Residual Value 51% of MSRP – .00208 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00208 Base Money Factor 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 rates improved ever so slightly over the last two months. Compare July’s numbers with the quote I got last May and you’ll see why:

36mo/10k – residual 56% – lease rate 5.5% (MF .00229)
36mo/12k – residual 54% – lease rate 5.5% (MF .00229)

The MF is .00021 lower and the residual only dropped by about 1%. You aren’t really saving much to be honest you with. Maybe $2. As impressed as I am with the G8 GT, I still think there are better options out there for the price. Maybe things will improve in the coming months.

July 2008 Lease Rate for 08 Mercedes Benz G, GL, ML & R

Published by G

Laziness prevails…I’m posting all of the remaining Mercedes-Benz models I haven’t posted yet.
I prefer to post and comment on each model individually, but with all the cars out there, its been taking long to get these rates out there for you. So here they are, the MB G, GL, ML and R-Class.

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 62% of MSRP – .00165 Base Rate
36 Month – Residual 54% of MSRP – .00185 Base Rate
48 Month – Residual 45% of MSRP – .00185 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes GL450 Wagon
24 Month – Residual 63% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00185 Base Rate
48 Month – Residual 44% of MSRP – .00185 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes GL550 Wagon
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 59% of MSRP – .00215 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 41% of MSRP – .00215 Base Rate
60 Month – Residual 33% of MSRP – .00215 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 60% of MSRP – .00185 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 58% of MSRP – .00185 Base Rate
36 Month – Residual 48% of MSRP – .00215 Base Rate
48 Month – Residual 37% of MSRP – .00215 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 51% of MSRP – .00250 Base Rate
36 Month – Residual 42% of MSRP – .00250 Base Rate
48 Month – Residual 36% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R320 CDI RWD Wagon
24 Month – Residual 60% of MSRP – .00130 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes R350 RWD Wagon
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 48% of MSRP – .00090 Base Rate
48 Month – Residual 36% of MSRP – .00090 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R350 4matic Wagon
24 Month – Residual 58% of MSRP – .00075 Base Rate
36 Month – Residual 49% of MSRP – .00105 Base Rate
48 Month – Residual 37% of MSRP – .00105 Base Rate
60 Month – Residual 34% of MSRP – .00350 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 vehicle enjoying the lowest MF on this list is the R350. The rich (wo)man’s station wagon, as I like to call it. These MB’s residual value are rather low overall, so they are hardly a bargain.

July 2008 Lease Rate for 08 Audi A5

Published by G

2008 Audi A5 6-Speed Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 Base Rate

2008 Audi A5 Tiptronic Coupe
24 Month – Residual 59% of MSRP – .00279 Base Rate
36 Month – Residual 51% of MSRP – .00279 Base Rate
48 Month – Residual 41% of MSRP – .00299 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: Good News! The A5 is a VERY sweet car. Bad News! The rates STILL suck. A5 looks sweetest in black. The accent lighting on the headlights makes the car look super-futuristic and gives off an “oooh-ahhhh” type of reaction, kind of like BMWs “Halo” lighting. It may take some months before we start seeing better lease rates on the A5. Hopefully, your lease isn’t expiring too soon if you are aiming for the A5. Just keep your eyes peeled on the rates every month, and the moment they drop to your price range, jump on it. That’s what I did with my G37 and I think I got the best deal of the year thus far.

July 2008 Lease Rate 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 34% of MSRP – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 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 34% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 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 – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 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 – .00270 Base Rate
60 Month – Residual 27% of MSRP – .00270 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 35% of MSRP – .00270 Base Rate
60 Month – Residual 28% of MSRP – .00270 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 “Land Shark” has started to show it’s age, so it looks like BMW is looking to push these cars out the dealer lots a bit. Note the slightly lower MFs and fairly high residual values. There’s a new Z4 in the horizon. Check it out! Not exactly getting my blood boiling with excitement, but I’m rather sick of looking at the current Z4.