Author: G

June 2008 Lease Rates for 08 Mazda CX-9

Published by G

2008 Mazda CX-9 Sport 2WD
24 Month – Residual 58% of MSRP – .00032 Base Rate
36 Month – Residual 47% of MSRP – .00077 Base Rate
48 Month – Residual 38% of MSRP – .00137 Base Rate

2008 Mazda CX-9 Touring 2WD
24 Month – Residual 58% of MSRP – .00032 Base Rate
36 Month – Residual 47% of MSRP – .00077 Base Rate
48 Month – Residual 38% of MSRP – .00137 Base Rate

2008 Mazda CX-9 Grand Touring 2WD
24 Month – Residual 58% of MSRP – .00032 Base Rate
36 Month – Residual 47% of MSRP – .00077 Base Rate
48 Month – Residual 38% of MSRP – .00137 Base Rate

2008 Mazda CX-9 Sport AWD
24 Month – Residual 60% of MSRP – .00032 Base Rate
36 Month – Residual 49% of MSRP – .00077 Base Rate
48 Month – Residual 40% of MSRP – .00137 Base Rate

2008 Mazda CX-9 Touring AWD
24 Month – Residual 60% of MSRP – .00032 Base Rate
36 Month – Residual 49% of MSRP – .00077 Base Rate
48 Month – Residual 40% of MSRP – .00137 Base Rate

2008 Mazda CX-9 Grand Touring AWD
24 Month – Residual 60% of MSRP – .00032 Base Rate
36 Month – Residual 49% of MSRP – .00077 Base Rate
48 Month – Residual 40% of MSRP – .00137 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 two Mazda CXs have enjoyed fairly low money factors since May, so hopefully some of you jumped on them between May and June. I’m pretty sure the residuals will take a hit in July…as to the MF staying or lowering, that’s anyone’s guess. One thing about lease rates is that I can comment on them as they are, but it’s very hard to know what the manufacturers are planning for the up coming months. I can guess, but not even dealers know next month’s numbers until they are released.

June 2008 Lease Rate for 08 Nissan Rogue

Published by G

2008 Nissan Rogue S 2WD
24 Month – Residual 69% of MSRP – .00240 Base Rate
36 Month – Residual 57% of MSRP – .00240 Base Rate
48 Month – Residual 46% of MSRP – .00260 Base Rate
60 Month – Residual 39% of MSRP – .00260 Base Rate

2008 Nissan Rogue SL 2WD
24 Month – Residual 66% of MSRP – .00240 Base Rate
36 Month – Residual 55% of MSRP – .00240 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate

2008 Nissan Rogue S 4WD
24 Month – Residual 72% of MSRP – .00240 Base Rate
36 Month – Residual 59% of MSRP – .00240 Base Rate
48 Month – Residual 48% of MSRP – .00260 Base Rate
60 Month – Residual 40% of MSRP – .00260 Base Rate

2008 Nissan Rogue SL 4WD
24 Month – Residual 68% of MSRP – .00240 Base Rate
36 Month – Residual 56% of MSRP – .00240 Base Rate
48 Month – Residual 45% of MSRP – .00260 Base Rate
60 Month – Residual 38% 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: No lease support here. Maybe July will be a better month. Personally, I think the Rogue isn’t a very attractive mini-crossover. The Infiniti EX is it’s “better looking” and more expensive cousin, worth the upgrade if you can afford to.

June 2008 Lease Rate for 08 VW Touareg

Published by G

Volkswagen Touareg V6 4WD
24 Month – Residual 58% of MSRP – .00024 Base Rate
36 Month – Residual 49% of MSRP – .00024 Base Rate
48 Month – Residual 41% of MSRP – .00076 Base Rate

Volkswagen Touareg V8 4WD
24 Month – Residual 54% of MSRP – .00024 Base Rate
36 Month – Residual 45% of MSRP – .00024 Base Rate
48 Month – Residual 37% of MSRP – .00076 Base Rate

Volkswagen Touareg V10 TDI 4WD
24 Month – Residual 58% of MSRP – .00163 Base Rate
36 Month – Residual 49% of MSRP – .00163 Base Rate
48 Month – Residual 41% of MSRP – .00193 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: Three years ago, it used to hurt every time you had to gas up a Touareg …with today’s gas prices, I think it pretty much kills family budgets, ruins vacation plans and makes grown men cry. So what is the consolidation price? Ultra-low MF for those looking to lease one of this gas-thirsty urban family haulers. Doesn’t seem to help all that much since the residual values are terrible.

June 2008 Lease Rate for 08 VW GTI

Published by G

Volkswagen GTI 4dr Hatchback
24 Month – Residual 60% of MSRP – .00085 Base Rate
36 Month – Residual 51% of MSRP – .00085 Base Rate
48 Month – Residual 43% of MSRP – .00128 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 MF for the GTI is looking pretty good right now, even for the 48mo lease. The residuals aren’t very good since the 2009 models have arrived. Expect payments around $350+tax with no money down for a well equipped model on a 36mo/12k lease and $330+tax on a 48mo/12k lease.

June 2008 Lease Rate for 08 Mini Cooper

Published by G

2008 Mini Cooper Coupe
24 Month – Residual 77% of MSRP – .00219 Base Rate
36 Month – Residual 66% of MSRP – .00219 Base Rate
48 Month – Residual 55% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe S
24 Month – Residual 73% of MSRP – .00219 Base Rate
36 Month – Residual 63% of MSRP – .00219 Base Rate
48 Month – Residual 52% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman
24 Month – Residual 74% of MSRP – .00219 Base Rate
36 Month – Residual 64% of MSRP – .00219 Base Rate
48 Month – Residual 53% of MSRP – .00219 Base Rate

2008 Mini Cooper Coupe Clubman S
24 Month – Residual 73% of MSRP – .00219 Base Rate
36 Month – Residual 62% of MSRP – .00219 Base Rate
48 Month – Residual 51% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible
24 Month – Residual 67% of MSRP – .00219 Base Rate
36 Month – Residual 58% of MSRP – .00219 Base Rate
48 Month – Residual 48% of MSRP – .00219 Base Rate

2008 Mini Cooper Convertible S
24 Month – Residual 68% of MSRP – .00219 Base Rate
36 Month – Residual 58% of MSRP – .00219 Base Rate
48 Month – Residual 48% of MSRP – .00219 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 MF for all Mini’s is pretty much the same across the board, which is a good thing. It’s probably not the lowest MF, but it isn’t as ridiculous as GMAC’s. Strong residual values make this car a very attractive lease. These cars may be priced reasonably, but when you start tacking on the options, it gets expensive very quickly.

The GM 72-Hour Sale, Ends June 30th

Published by G

GM is current offering a 0% APR financing for 72-months (about 6 yrs) on the following 2008 models:

  • Chevrolet: Suburban, Avalanche, Equinox, Colorado, Tahoe, Silverado, TrailBlazer, Uplander, Impala, HHR
  • Buick: Lucerne, Lacrosse
  • Pontiac: Torrent, Solstice, G6, Grand Prix
  • GMC: Yukon and Yukon XL, Sierra, Envoy and Canyon
  • Cadillac: All Escalade models, SRX, STS, DTS
  • HUMMER: H2 and H3
  • Saab: 9-7X, 9-3 Convertible
  • Saturn: Sky, Aura and Vue

Unfortunately, It doesn’t apply to all models. However, it does cover an extensive list of pretty “cool” cars, such as the Saturn Sky (including the Red Line) and it’s twin, the Solstice. Unfortunately, the other models are less than desirable. At least you get free financing, which can’t be beat.

If any residents in or near Southern California end up getting a Sky/Solstice and would like to take it up a notch, check out Race Precision and their RPi Sky 24GT. One of the owners, Apex/Gabe, has his Noble M400 featured here on The Wall.

GM’s 72-hour sale ends June 30th, 2008.

June 2008 Lease Rate for 08 Nissan Murano

Published by G

Nissan Murano S AWD
24 Month – Residual 70% of MSRP – .00240 Base Rate
36 Month – Residual 58% of MSRP – .00240 Base Rate
48 Month – Residual 48% of MSRP – .00260 Base Rate

Nissan Murano SL AWD
24 Month – Residual 64% of MSRP – .00240 Base Rate
36 Month – Residual 54% of MSRP – .00240 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate

Nissan Murano LE AWD
24 Month – Residual 61% of MSRP – .00240 Base Rate
36 Month – Residual 51% of MSRP – .00240 Base Rate
48 Month – Residual 42% 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: Not the best time to lease a Murano right now due to the lack of lease support from Nissan. The residuals are fairly high, which is great, however, the money factors are pretty high too. Expect monthly payments in the $450-$550 range assuming a $35,000 price tag.

Find the Lowest Local Gas Prices!

Published by G

Here’s a neat little tool I found on Automotive.com. I personally don’t like the site, but this tool seems rather useful. It seems to be fairly up-to-date for my neck of the woods. If you find it useful, you might want to bookmark this page for future use.

Word of caution, there might be an annoying advertisement that loads up after you enter your info. Unfortunately, I didn’t make this widget (nor do I get a dime from people who click on it…grrr) so I can’t remove that ad. My apologies. I will embed a smaller one on the left menu of the site, which doesn’t appear to have any ads.