Author: G

May 2008 Lease Rate for 08 BMW Z4

Published by G

2008 BMW Z4 3.0si Coupe
24 Month – Residual 61% of MSRP – .00200 Base Rate
36 Month – Residual 51% of MSRP – .00200 Base Rate
48 Month – Residual 35% of MSRP – .00258 Base Rate
60 Month – Residual 27% of MSRP – .00258 Base Rate

2008 BMW Z4 3.0i Convertible
24 Month – Residual 70% of MSRP – .00210 Base Rate
36 Month – Residual 60% of MSRP – .00210 Base Rate
48 Month – Residual 35% of MSRP – .00258 Base Rate
60 Month – Residual 28% of MSRP – .00258 Base Rate

2008 BMW Z4 3.0si Convertible
24 Month – Residual 70% of MSRP – .00210 Base Rate
36 Month – Residual 60% of MSRP – .00210 Base Rate
48 Month – Residual 34% of MSRP – .00258 Base Rate
60 Month – Residual 28% of MSRP – .00258 Base Rate

2008 BMW Z4 M Coupe
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 56% of MSRP – .00200 Base Rate
48 Month – Residual 35% of MSRP – .00258 Base Rate
60 Month – Residual 28% of MSRP – .00258 Base Rate

2008 BMW Z4 M Convertible
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 56% of MSRP – .00200 Base Rate
48 Month – Residual 37% of MSRP – .00258 Base Rate
60 Month – Residual 30% 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: I really don’t have much of a take on this car. It’s been quite some time since the last redesign (about 4 years), so there really isn’t much to get excited about a $40,000+ roaster that looks a bit aged. The rates are pretty low (by BMW standards) and the residual is relatively decent. Leasing this looks be in the $500+ a month range with 1st month + fees due at signing. I personally, I rather have my G37 for $100 bucks less a month, even if its not a convertible.

May 2008 Lease Rate for 08 BMW X6

Published by G

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 62% of MSRP – .00258 Base Rate
36 Month – Residual 51% of MSRP – .00258 Base Rate
48 Month – Residual 41% of MSRP – .00258 Base Rate
60 Month – Residual 34% 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: No surprise here. The X6 is brand spanking new model that just came out this year. The residual is a poor guess attempt, while the lease rate is only good for folks pulling 6-figures (or more). I get the distinct feeling this car may not sell very well. It IS a wagon, no matter how you hard BMW tries to make it “sporty”. Last time wagons were popular was back in the 70-80s. I remember my mom’s “dream car” was a station wagon. Haahaa. Yeah, enough said.

May 2008 Lease Rate for 08 BMW X5

Published by G

2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 63% of MSRP – .00250 Base Rate
36 Month – Residual 53% of MSRP – .00250 Base Rate
48 Month – Residual 42% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 Base Rate

2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 65% of MSRP – .00225 Base Rate
36 Month – Residual 55% of MSRP – .00225 Base Rate
48 Month – Residual 36% of MSRP – .00258 Base Rate
60 Month – Residual 29% 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: The X5 is the gold standard (in my opinion) of crossover SUVs. An SUV that’s elegant, plush and drives like a car. Residual, for an SUV look pretty good. The rates are bit high, but this a BMW after all. Looks like the 4.8i leases a bit better than the 3.0 model, though.

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.

RIDE with G37

Published by G

It’s official folks!!! I’m the proud new lessee of a 2008 Ivory Pearl Infiniti G37. I did not get the Journey trim with the Premium, Sports or Tech package, instead I opted for the base model. Here are my reasons for doing so:

  • The residual value of the base model IS higher than the Journey or the Sport. That means, I save money.
  • The difference between a base G37 and a G37 Journey + Premium is well over $4,000. That translates to about $40-$50 more per month on the G37 Journey + Premium.
  • The Base model does come with a decent assortment of features, but I still get the same 330hp engine.
  • At 39 months and 12k miles per year (39k at lease end), the car will lease at UNDER $400 a month with about $1000 down (maybe less).
  • A G35 Journey + Premium would have cost me another $18 bucks more per much, not bad, but I really wanted the 2-door.

Overall, I’m pleased. The car is fun and I didn’t have to go down to a 10,000 mile per year lease to save more money. Sure I could have shaved another $9-$10 bucks off the payment by doing so, but I get the feeling I will be doing a lot of driving. 😀

This quick picture I took is inside my garage. My wife says its pretty ghetto (I agree), so I’ll post better pictures when I can find a better place to take them.

As far as the details of the lease, I’ll provide those in a couple days. It’s been an eventful weekend, I’ve trying to recover from a cold and I have tons of things to do still, but it will get done sooner rather than later.

What happened to the Mazda CX-7? Well, I decided not to lease it because I didn’t enjoy dealing with the Internet Sales Manager over at Long Beach Mazda. I hate it when people beat around the bush when I ask specific questions. When I ask “What is your bank fee and doc fee?”, just answer the freaking question. Don’t say to me “It’s covered by the rebate” What does it matter? I didn’t ask if it was covered by the rebate. If you can’t answer my question, that means you got something to hide; if you got something to hide, that means I don’t deal with you. Case closed. Looks like I will have to create a blacklist of dealerships to avoid.

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.