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

July 2008 Lease Rates for 08/09 Mercedes Benz S, SL, SLK-Class

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 66% of MSRP – .00385 Base Rate
36 Month – Residual 56% of MSRP – .00350 Base Rate
48 Month – Residual 47% of MSRP – .00350 Base Rate
60 Month – Residual 42% 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

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
60 Month – Residual 42% of MSRP – .00350 Base Rate

2009 Mercedes SLK55
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
60 Month – Residual 41% of MSRP – .00350 Base Rate

2008 Mercedes S550 Sedan
24 Month – Residual 56% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes S550 4matic Sedan
24 Month – Residual 57% of MSRP – .00250 Base Rate
36 Month – Residual 49% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 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 33% of MSRP – .00350 Base Rate

2008 Mercedes S63 AMG Sedan
24 Month – Residual 55% 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 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 56% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes SL65 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 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

* 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 won’t lie to you, these leases are probably not even worth inquiring about because of the extremly high MF and low residual values. Even if there were some hefty cash rebates, I don’ think it would offset these horrible rates.

June 2008 Lease Rates for 08 Mercedes Benz S, SL and SLK

2008 Mercedes S550 Sedan
24 Month – Residual 57% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 38% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00330 Base Rate

2008 Mercedes S550 4matic Sedan
24 Month – Residual 58% of MSRP – .00250 Base Rate
36 Month – Residual 49% of MSRP – .00250 Base Rate
48 Month – Residual 39% of MSRP – .00250 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes S600 V12 Sedan
24 Month – Residual 49% of MSRP – .00365 Base Rate
36 Month – Residual 43% of MSRP – .00330 Base Rate
48 Month – Residual 38% of MSRP – .00330 Base Rate
60 Month – Residual 33% of MSRP – .00330 Base Rate

2008 Mercedes S63 AMG Sedan
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 47% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes S65 AMG Sedan
24 Month – Residual 48% of MSRP – .00365 Base Rate
36 Month – Residual 39% of MSRP – .00330 Base Rate
48 Month – Residual 33% of MSRP – .00330 Base Rate
60 Month – Residual 27% of MSRP – .00330 Base Rate

2008 Mercedes SL550 Convertible
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 48% of MSRP – .00330 Base Rate
48 Month – Residual 40% of MSRP – .00330 Base Rate
60 Month – Residual 35% of MSRP – .00330 Base Rate

2008 Mercedes SL600 Convertible
24 Month – Residual 52% of MSRP – .00365 Base Rate
36 Month – Residual 43% of MSRP – .00330 Base Rate
48 Month – Residual 36% of MSRP – .00330 Base Rate
60 Month – Residual 32% of MSRP – .00330 Base Rate

2008 Mercedes SL55 AMG Convertible
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes SL65 AMG Convertible
24 Month – Residual 48% of MSRP – .00365 Base Rate
36 Month – Residual 40% of MSRP – .00330 Base Rate
48 Month – Residual 34% of MSRP – .00330 Base Rate
60 Month – Residual 30% of MSRP – .00330 Base Rate

2008 Mercedes SLK280 Convertible
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 50% of MSRP – .00330 Base Rate
48 Month – Residual 44% of MSRP – .00330 Base Rate
60 Month – Residual 40% of MSRP – .00330 Base Rate

2008 Mercedes SLK350 Convertible
24 Month – Residual 60% of MSRP – .00365 Base Rate
36 Month – Residual 53% of MSRP – .00330 Base Rate
48 Month – Residual 46% of MSRP – .00330 Base Rate
60 Month – Residual 42% of MSRP – .00330 Base Rate

2008 Mercedes SLK55 AMG Convertible
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 45% of MSRP – .00330 Base Rate
60 Month – Residual 41% of MSRP – .00330 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: In all honesty, I wouldn’t lease any of these cars. The residual values are low and the interest rates are way too high. At this price range, most people should  be buying these cars. Granted, I’m not sure I would recommend buying any Mercedes Benz due to their declining quality (maybe the C-Class). There is no doubt that there is a certain “status” factor when driving around in a Benz, but is it really worth spending all that cash just to look like you are worth millions?