09 Mercedes Benz SLK Lease Rates – August 2009

logo_benzUPDATE: I have just been informed by Aaron McCroskey that there is $5000 cash on the SLK toward a PURCHASE for those who are interested.

My Take: SLK300 has such a low money factor, they might as well lend you the money interest free. This is an excellent “lease-to-buy” candidate since the APR is a measly 0.144%. The lowest APR you can get on a purchase is 1.9%, so a good idea would be to lease the car for 48 months, then purchase the car in full at lease end or refinance the remainder. This method isn’t for everyone obviously because you could get stuck paying a high interest rate on the remainder of your payoff, so plan accordingly. The SLK350 is not a bad option either, but not as good as the SLK300.

Check out the new LIST for the recommended leases of the month.

subscribe to my rss feed post a question, get an answer

2009 Mercedes SLK-Class

2009 Mercedes SLK300
24-month | 15k miles | residual 49% | .00023 base money factor
36-month | 15k miles | residual 46% | .00006 base money factor
48-month | 15k miles | residual 37% | .00006 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes SLK350
24-month | 15k miles | residual 51% | .00092 base money factor
36-month | 15k miles | residual 48% | .00054 base money factor
48-month | 15k miles | residual 39% | .00054 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes SLK55 AMG
24-month | 15k miles | residual 47% | .00430 base money factor
36-month | 15k miles | residual 45% | .00395 base money factor
48-month | 15k miles | residual 35% | .00395 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2010 BMW 5-Series Lease Rates – August 2009

logo_bmwMy Take: 5-series and M5 lease rates remain unchanged for August, which is pretty good still. I believe the 5-series does qualify for this “pulling ahead” program BMW is doing. I think it is similar to all the lease cash the 3-series is getting right now. If any of you are interested, I’ll ask Dave for more info. I checked on Edmunds and they have the standard “advertised” lease program you see on TV and BMWUSA.

Check out the new LIST for the recommended leases of the month.

Yahoo! Autos subscribe to my rss feed post a question, get an answer

2010 BMW 5-Series

2010 BMW 528i Sedan
24-month | 15k miles | residual 62% | .00145 base money factor
36-month | 15k miles | residual 58% | .00145 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2010 BMW 528i xDrive Sedan
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 58% | .00155 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2010 BMW 535i Sedan
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 58% | .00155 base money factor
48-month | 15k miles | residual 34% | .00265 base money factor
60-month | 15k miles | residual 28% | .00265 base money factor

2010 BMW 535i xDrive Sedan
24-month | 15k miles | residual 62% | .00165 base money factor
36-month | 15k miles | residual 58% | .00165 base money factor
48-month | 15k miles | residual 35% | .00265 base money factor
60-month | 15k miles | residual 29% | .00265 base money factor

2010 BMW 535i xDrive Sport Wagon
24-month | 15k miles | residual 62% | .00165 base money factor
36-month | 15k miles | residual 58% | .00165 base money factor
48-month | 15k miles | residual 32% | .00265 base money factor
60-month | 15k miles | residual 26% | .00265 base money factor

2010 BMW 550i Sedan
24-month | 15k miles | residual 61% | .00155 base money factor
36-month | 15k miles | residual 57% | .00155 base money factor
48-month | 15k miles | residual 30% | .00265 base money factor
60-month | 15k miles | residual 24% | .00265 base money factor

2010 BMW M5 Sedan
24-month | 15k miles | residual 59% | .00175 base money factor
36-month | 15k miles | residual 55% | .00175 base money factor
48-month | 15k miles | residual 32% | .00265 base money factor
60-month | 15k miles | residual 25% | .00265 base money factor

09 Mercedes Benz CLK Lease Rates – August 2009

logo_benzMy Take: This is the last 4-seat convertible you will see from MB for probably a year. The E-Class should be coming out with a convertible sometime next year or early 2011 as a replacement (and a wagon too). If you can’t wait until then, you may want to get in on what’s left of the CLK350 and CLK550 convertibles. They are still have a decent money factor and residual value, so they are worth looking into.

Check out the new LIST for the recommended leases of the month.

Yahoo! Autos subscribe to my rss feed post a question, get an answer

2009 Mercedes CLK-Class

2009 Mercedes CLK350 Coupe
24-month | 15k miles | residual 43% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 34% | .00395 base money factor
60-month | 15k miles | residual 29% | .00395 base money factor

2009 Mercedes CLK350 Convertible
24-month | 15k miles | residual 50% | .00118 base money factor
36-month | 15k miles | residual 47% | .00118 base money factor
48-month | 15k miles | residual 34% | .00118 base money factor
60-month | 15k miles | residual 29% | .00395 base money factor

2009 Mercedes CLK550 Coupe
24-month | 15k miles | residual 41% | .00430 base money factor
36-month | 15k miles | residual 38% | .00395 base money factor
48-month | 15k miles | residual 32% | .00395 base money factor
60-month | 15k miles | residual 27% | .00395 base money factor

2009 Mercedes CLK550 Convertible
24-month | 15k miles | residual 48% | .00118 base money factor
36-month | 15k miles | residual 45% | .00118 base money factor
48-month | 15k miles | residual 34% | .00118 base money factor
60-month | 15k miles | residual 28% | .00395 base money factor

2010 Mercedes Benz ML Lease Rates – August 2009

logo_benzUPDATE: PURCHASE CASH for MLs is $3000. My Take: B and I were discussion how MB comes up with their lease rates yesterday. The conclusion? We have no idea. Just look how the ML350 24-month money factor, how arbitrary is that? Since when did MB start making 24-lease rates looks semi-attractive? I’ve always pegged them as more of a 36,39,48 month lease type of car. Anyway, the residual values still stink on the 24-month terms anyway, so it’s not like it really matters. Overall, 2010 MLs are not recommended unless you plan to buy them. MBFS 3.9% financing is available for up to 66 months and 2.9% financing for 66 months on the 2009 model.

Check out the new LIST for the recommended leases of the month.

2010 Mercedes ML-Class

2010 Mercedes ML350 BlueTec
24-month | 15k miles | residual 59% | .00430 base money factor
36-month | 15k miles | residual 52% | .00395 base money factor
48-month | 15k miles | residual 43% | .00395 base money factor
60-month | 15k miles | residual 37% | .00395 base money factor

2010 Mercedes ML350
24-month | 15k miles | residual 53% | .00059 base money factor
36-month | 15k miles | residual 50% | .00237 base money factor
48-month | 15k miles | residual 39% | .00237 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2010 Mercedes ML350 4matic
24-month | 15k miles | residual 53% | .00082 base money factor
36-month | 15k miles | residual 50% | .00209 base money factor
48-month | 15k miles | residual 39% | .00209 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2010 Mercedes ML550 4WD
24-month | 15k miles | residual 49% | .00430 base money factor
36-month | 15k miles | residual 43% | .00395 base money factor
48-month | 15k miles | residual 36% | .00395 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2010 Mercedes ML63 AMG 4WD
24-month | 15k miles | residual 53% | .00430 base money factor
36-month | 15k miles | residual 46% | .00395 base money factor
48-month | 15k miles | residual 39% | .00395 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2010 Mercedes Benz GL, GLK Lease Rates – August 2009

logo_benzMy Take: Bummer, almost a year later and the GLK is still a bad lease. I’m giving them until 2011 to improve things, that’s when my G37 lease is up. LOL. In other news, GL450 seems to be pretty decent if you ask me. Residual still fairly high and the money factor is pretty decent, a fairly low 3.24% APR. They are also running a special right now on the 2010 GL450 where the dealer contribution is about $2,325. I’m not seeing any rates on the 2009 models, but there is $10,000 in cash you can use on leases or purchases right now. Looks like MB’s attempt to clearance some of the outgoing models. Worth a looking into if you ask me.

Check out the new LIST for the recommended leases of the month.

subscribe to my rss feed post a question, get an answer

2010 Mercedes GL-Class

2010 Mercedes GL350 BlueTec
24-month | 15k miles | residual 59% | .00430 base money factor
36-month | 15k miles | residual 50% | .00395 base money factor
48-month | 15k miles | residual 43% | .00395 base money factor
60-month | 15k miles | residual 37% | .00395 base money factor

2010 Mercedes GL450
24-month | 15k miles | residual 55% | .00180 base money factor
36-month | 15k miles | residual 53% | .00135 base money factor
48-month | 15k miles | residual 40% | .00135 base money factor
60-month | 15k miles | residual 35% | .00395 base money factor

2010 Mercedes GL550
24-month | 15k miles | residual 51% | .00430 base money factor
36-month | 15k miles | residual 46% | .00395 base money factor
48-month | 15k miles | residual 37% | .00395 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2010 Mercedes GLK-Class

2010 Mercedes GLK350
24-month | 15k miles | residual 55% | .00276 base money factor
36-month | 15k miles | residual 51% | .00290 base money factor
48-month | 15k miles | residual 40% | .00290 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2010 Mercedes GLK350 4matic
24-month | 15k miles | residual 55% | .00240 base money factor
36-month | 15k miles | residual 51% | .00247 base money factor
48-month | 15k miles | residual 40% | .00247 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

09 BMW 3-Series Lease Rates – August 2009

logo_bmwUPDATE: $2500 lease cash for 335i, $2000 lease cash for 328i. Special thanks to Smitty for gathering the info. Also, per Dave’s email: “In California, it’s $2,000 lease cash. BMW might offer differently in other states that I wouldn’t know about. Auto transmission credits are still in place through the end of this month.” Dave sent me another email today after double checking the bank sheets; here in CA, the lease cash is $2500 for the 335i and $2000 for the 328i, just like Smitty mentioned. Looks like that isn’t the case up in MA according to Jake. It also looks like MikeO is having problems getting the $2500 on the 335i as well.

My Take: I had a little R&R yesterday, so I apologize if I didn’t get to your emails and questions until today. Had a bday to attend, then had to chores around the house, so overall, busy weekend. Anyway I got a lot of good news for you regarding BMW 3-series, courtesy of Dave Persaud of Long Beach BMW. The lease cash on the 3-series and 5-series got bumped to $2000, instead of $1000. If you have a clunker, you can get $3500 towards either a 1, 3, or X3. So about $5500 right there, which excludes any discounts the dealer gives you. Just remember that the car you get has to have at least 22mpg combined mileage or more. The most noticeable change I’m seeing this month is the MF drop on the 335xi coupe (down from 0.00165 to .00145). The rest is pretty much the same as last month, I think. If you shopping for a car right now and don’t jumping on the 3-series right now, I don’t know what to tell you other than DO IT NOW! Dave’s been giving out REALLY low prices for both leases and purchases, so you really can’t go wrong with a 3 this month.

Check out the new LIST for the recommended leases of the month.

Yahoo! Autos subscribe to my rss feed post a question, get an answer

2009 BMW 3-Series

2009 BMW 328i Sedan
24-month | 15k miles | residual 62% | .00220 base money factor
36-month | 15k miles | residual 57% | .00220 base money factor
48-month | 15k miles | residual 38% | .00265 base money factor
60-month | 15k miles | residual 32% | .00265 base money factor

2009 BMW 328xi Sedan
24-month | 15k miles | residual 62% | .00225 base money factor
36-month | 15k miles | residual 57% | .00225 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2009 BMW 328i Coupe
24-month | 15k miles | residual 62% | .00150 base money factor
36-month | 15k miles | residual 58% | .00150 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2009 BMW 328xi Coupe
24-month | 15k miles | residual 62% | .00135 base money factor
36-month | 15k miles | residual 58% | .00135 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2009 BMW 328i Convertible
24-month | 15k miles | residual 62% | .00180 base money factor
36-month | 15k miles | residual 58% | .00180 base money factor
48-month | 15k miles | residual 39% | .00265 base money factor
60-month | 15k miles | residual 32% | .00265 base money factor

2009 BMW 328i Wagon
24-month | 15k miles | residual 59% | .00215 base money factor
36-month | 15k miles | residual 55% | .00215 base money factor
48-month | 15k miles | residual 34% | .00265 base money factor
60-month | 15k miles | residual 28% | .00265 base money factor

2009 BMW 328xi Wagon
24-month | 15k miles | residual 60% | .00215 base money factor
36-month | 15k miles | residual 56% | .00215 base money factor
48-month | 15k miles | residual 34% | .00265 base money factor
60-month | 15k miles | residual 28% | .00265 base money factor

2009 BMW 335i Sedan
24-month | 15k miles | residual 61% | .00225 base money factor
36-month | 15k miles | residual 56% | .00225 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2009 BMW 335xi Sedan
24-month | 15k miles | residual 60% | .00225 base money factor
36-month | 15k miles | residual 56% | .00225 base money factor
48-month | 15k miles | residual 35% | .00265 base money factor
60-month | 15k miles | residual 29% | .00265 base money factor

2009 BMW 335d Sedan
24-month | 15k miles | residual 57% | .00250 base money factor
36-month | 15k miles | residual 53% | .00250 base money factor
48-month | 15k miles | residual 39% | .00265 base money factor
60-month | 15k miles | residual 33% | .00265 base money factor

2009 BMW 335i Coupe
24-month | 15k miles | residual 60% | .00165 base money factor
36-month | 15k miles | residual 57% | .00165 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2009 BMW 335xi Coupe
24-month | 15k miles | residual 61% | .00145 base money factor
36-month | 15k miles | residual 57% | .00145 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor

2009 BMW 335i Convertible
24-month | 15k miles | residual 61% | .00180 base money factor
36-month | 15k miles | residual 56% | .00180 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2009 BMW M3 Sedan
24-month | 15k miles | residual 54% | .00265 base money factor
36-month | 15k miles | residual 49% | .00265 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2009 BMW M3 Coupe
24-month | 15k miles | residual 54% | .00265 base money factor
36-month | 15k miles | residual 50% | .00265 base money factor
48-month | 15k miles | residual 38% | .00265 base money factor
60-month | 15k miles | residual 32% | .00265 base money factor

2009 BMW M3 Convertible
24-month | 15k miles | residual 50% | .00265 base money factor
36-month | 15k miles | residual 47% | .00265 base money factor
48-month | 15k miles | residual 34% | .00265 base money factor
60-month | 15k miles | residual 29% | .00265 base money factor

09 BMW X-Series Lease Rates – August 2009

logo_bmwMy Take: The X3, X5 and X6 lease rates remain unchanged from last month. This means that the X5 and X6 are still pretty good leases right now. A little side note on the X3…the numbers may look pretty bad, but this model does qualify for about $3500 in the “Cash for Clunkers” program, so be sure to look into it if you have a clunker to trade in. The $1750 lease cash is still available on the X5 and X6 this month.

Check out the new LIST for the recommended leases of the month.

subscribe to my rss feed post a question, get an answer

2009 BMW X-Series

2009 BMW X3 xDrive30i
24-month | 15k miles | residual 57% | .00235 base money factor
36-month | 15k miles | residual 53% | .00235 base money factor
48-month | 15k miles | residual 30% | .00265 base money factor
60-month | 15k miles | residual 25% | .00265 base money factor

2009 BMW X5 xDrive 30i
24-month | 15k miles | residual 62% | .00180 base money factor
36-month | 15k miles | residual 55% | .00180 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2009 BMW X5 xDrive 35d
24-month | 15k miles | residual 61% | .00250 base money factor
36-month | 15k miles | residual 55% | .00250 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor

2009 BMW X5 xDrive 48i
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 56% | .00155 base money factor
48-month | 15k miles | residual 30% | .00265 base money factor
60-month | 15k miles | residual 25% | .00265 base money factor

2009 BMW X6 xDrive 35i
24-month | 15k miles | residual 61% | .00200 base money factor
36-month | 15k miles | residual 57% | .00200 base money factor
48-month | 15k miles | residual 32% | .00265 base money factor
60-month | 15k miles | residual 28% | .00265 base money factor

2009 BMW X6 xDrive 50i
24-month | 15k miles | residual 61% | .00175 base money factor
36-month | 15k miles | residual 58% | .00175 base money factor
48-month | 15k miles | residual 30% | .00265 base money factor
60-month | 15k miles | residual 25% | .00265 base money factor