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?

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