UPDATED January 23rd, 2009 – Here’s January 2009’s DO NOT LEASE list. My initial observation for this January 09 is that most cars are leasing WORSE than last year. This is clearly directly affected by the credit crunch and the poor economic conditions the world is facing. It is likely that automakers may be cutting back on their lease promotions, so don’t be too surprised to see this list grow as the months progress. What qualifies a car on this list? Simple, the residual value needs to be dip well below 50% over 36 months, the money factor needs to be higher than .00200 or 4.8% APR and cash rebates are either nonexistant or only available to a select few. Check this list often because I will be adding more models as I encounter more and more crappy lease rates.
2009 Infiniti M35
2009 Infiniti M35
24 Month – Residual 48% of MSRP – .00325 Base Rate
36 Month – Residual 46% of MSRP – .00053 Base Rate
48 Month – Residual 38% of MSRP – .00203 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate
2009 Infiniti M35 AWD
24 Month – Residual 49% of MSRP – .00325 Base Rate
36 Month – Residual 47% of MSRP – .00060 Base Rate
48 Month – Residual 39% of MSRP – .00203 Base Rate
60 Month – Residual 30% of MSRP – .00271 Base Rate
* This one was a rough one to list here due to the low money factor. Unfortunately, the residual is just too poor to recommend.
2009 Porsche Cayenne GTS
2009 Porsche Cayenne GTS Tiptronic
24 Month – Residual 48% of MSRP – .00300 Base Rate
36 Month – Residual 45% of MSRP – .00300 Base Rate
48 Month – Residual 33% of MSRP – .00300 Base Rate
60 Month – Residual 26% of MSRP – .00300 Base Rate
* Two bads don’t make a good.
2009 Acura MDX
2009 Acura MDX
24 Month – Residual 57% of MSRP – .00250 Base Rate
36 Month – Residual 50% of MSRP – .00250 Base Rate
48 Month – Residual 41% of MSRP – .00300 Base Rate
60 Month – Residual 34% of MSRP – .00310 Base Rate
2009 Acura MDX Sport
24 Month – Residual 52% of MSRP – .00250 Base Rate
36 Month – Residual 46% of MSRP – .00250 Base Rate
48 Month – Residual 37% of MSRP – .00300 Base Rate
60 Month – Residual 31% of MSRP – .00310 Base Rate
2009 Acura MDX Sport w/RES
24 Month – Residual 52% of MSRP – .00250 Base Rate
36 Month – Residual 46% of MSRP – .00250 Base Rate
48 Month – Residual 37% of MSRP – .00300 Base Rate
60 Month – Residual 31% of MSRP – .00310 Base Rate
2009 Acura MDX Tech w/RES
24 Month – Residual 54% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 39% of MSRP – .00300 Base Rate
60 Month – Residual 32% of MSRP – .00310 Base Rate
2009 Acura MDX Tech
24 Month – Residual 54% of MSRP – .00250 Base Rate
36 Month – Residual 48% of MSRP – .00250 Base Rate
48 Month – Residual 39% of MSRP – .00300 Base Rate
60 Month – Residual 32% of MSRP – .00310 Base Rate
* No lease support here, move on.
2009 Toyota Highlander
2009 Toyota Highlander 4WD
24 Month – Residual 60% of MSRP – .00285 Base Rate
36 Month – Residual 53% of MSRP – .00285 Base Rate
48 Month – Residual 45% of MSRP – .00285 Base Rate
60 Month – Residual 37% of MSRP – .00285 Base Rate
2009 Toyota Highlander 4WD Limited
24 Month – Residual 58% of MSRP – .00285 Base Rate
36 Month – Residual 51% of MSRP – .00285 Base Rate
48 Month – Residual 42% of MSRP – .00285 Base Rate
60 Month – Residual 34% of MSRP – .00285 Base Rate
2009 Toyota Highlander 4WD Sport
24 Month – Residual 58% of MSRP – .00285 Base Rate
36 Month – Residual 51% of MSRP – .00285 Base Rate
48 Month – Residual 43% of MSRP – .00285 Base Rate
60 Month – Residual 35% of MSRP – .00285 Base Rate
* No lease support here either.
2009 Lincoln MKX
2009 Lincoln MKX 2WD
24 Month – Residual 51% of MSRP – .00521 Base Rate
36 Month – Residual 47% of MSRP – .00444 Base Rate
48 Month – Residual 39% of MSRP – .00431 Base Rate
2009 Lincoln MKX AWD
24 Month – Residual 52% of MSRP – .00521 Base Rate
36 Month – Residual 48% of MSRP – .00444 Base Rate
48 Month – Residual 40% of MSRP – .00431 Base Rate
* Not exactly surprising since this is coming from Ford Credit.
2009 Infiniti QX56
2009 Infiniti QX56 2WD
24 Month – Residual 47% of MSRP – .00325 Base Rate
36 Month – Residual 39% of MSRP – .00325 Base Rate
48 Month – Residual 30% of MSRP – .00325 Base Rate
60 Month – Residual 23% of MSRP – .00325 Base Rate
2009 Infiniti QX56 AWD
24 Month – Residual 46% of MSRP – .00325 Base Rate
36 Month – Residual 39% of MSRP – .00325 Base Rate
48 Month – Residual 31% of MSRP – .00325 Base Rate
60 Month – Residual 24% of MSRP – .00325 Base Rate
* 39% residual after 3 years…wow.
2009 BMW X3
2009 BMW X3 xDrive 3.0i
24 Month – Residual 48% of MSRP – .00285 Base Rate
36 Month – Residual 41% of MSRP – .00285 Base Rate
48 Month – Residual 33% of MSRP – .00285 Base Rate
60 Month – Residual 28% of MSRP – .00285 Base Rate
* Wow this SUV used to be a great lease candidate a few months ago, what happened here BMWFS?
2009 BMW X6
2009 BMW X6 xDrive 3.5i
24 Month – Residual 50% of MSRP – .00285 Base Rate
36 Month – Residual 44% of MSRP – .00285 Base Rate
48 Month – Residual 36% of MSRP – .00285 Base Rate
60 Month – Residual 30% of MSRP – .00285 Base Rate
2009 BMW X6 xDrive 5.0i
24 Month – Residual 49% of MSRP – .00285 Base Rate
36 Month – Residual 43% of MSRP – .00285 Base Rate
48 Month – Residual 34% of MSRP – .00285 Base Rate
60 Month – Residual 29% of MSRP – .00285 Base Rate
* BUY BUY BUY BUY. Don’t Lease. I can’t stress this enough
2009 BMW M3
2009 BMW M3
24 Month – Residual 56% of MSRP – .00285 Base Rate
36 Month – Residual 49% of MSRP – .00285 Base Rate
48 Month – Residual 38% of MSRP – .00285 Base Rate
60 Month – Residual 31% of MSRP – .00285 Base Rate
2009 BMW M3 Coupe
24 Month – Residual 56% of MSRP – .00285 Base Rate
36 Month – Residual 50% of MSRP – .00285 Base Rate
48 Month – Residual 40% of MSRP – .00285 Base Rate
60 Month – Residual 33% of MSRP – .00285 Base Rate
2009 BMW M3 Convertible
24 Month – Residual 51% of MSRP – .00285 Base Rate
36 Month – Residual 47% of MSRP – .00285 Base Rate
48 Month – Residual 36% of MSRP – .00285 Base Rate
60 Month – Residual 30% of MSRP – .00285 Base Rate
* You could go with down to 10k miles per year, but the whole point of leasing this car is to drive it, right?
2009 Audi A3 3.2 S-Line quattro
2009 Audi A3 3.2 S-Line quattro
24 Month – Residual 53% of MSRP – .00383 Base Rate
36 Month – Residual 46% of MSRP – .00383 Base Rate
48 Month – Residual 39% of MSRP – .00403 Base Rate
* 46% residual and .00383 mf? HAH!
2009 Audi S4 Cabriolet
2009 Audi S4 Cabriolet
24 Month – Residual 56% of MSRP – .00388 Base Rate
36 Month – Residual 49% of MSRP – .00388 Base Rate
48 Month – Residual 42% of MSRP – .00408 Base Rate
* residual is border-line here, nothing a “12k miles/year” lease can’t fix…but that MF needs some hefty support.
2009 Audi A5/S5
2009 Audi A5 6-Speed Coupe
24 Month – Residual 57% of MSRP – .00318 Base Rate
36 Month – Residual 50% of MSRP – .00318 Base Rate
48 Month – Residual 43% of MSRP – .00408 Base Rate
2009 Audi A5 Tiptronic Coupe
24 Month – Residual 57% of MSRP – .00318 Base Rate
36 Month – Residual 50% of MSRP – .00318 Base Rate
48 Month – Residual 43% of MSRP – .00408 Base Rate
2009 Audi S5 6-Speed Coupe
24 Month – Residual 63% of MSRP – .00388 Base Rate
36 Month – Residual 56% of MSRP – .00388 Base Rate
48 Month – Residual 49% of MSRP – .00408 Base Rate
2009 Audi S5 Tiptronic Coupe
24 Month – Residual 57% of MSRP – .00318 Base Rate
36 Month – Residual 50% of MSRP – .00318 Base Rate
48 Month – Residual 43% of MSRP – .00408 Base Rate
* Wasn’t a good lease last year, still isn’t this year.
2009 Audi A8/S8/R8
2009 Audi A8 quattro
24 Month – Residual 45% of MSRP – .00219 Base Rate
36 Month – Residual 38% of MSRP – .00219 Base Rate
48 Month – Residual 31% of MSRP – .00405 Base Rate
2009 Audi A8 L quattro
24 Month – Residual 45% of MSRP – .00240 Base Rate
36 Month – Residual 38% of MSRP – .00240 Base Rate
48 Month – Residual 31% of MSRP – .00405 Base Rate
2009 Audi A8 L W12 quattro
24 Month – Residual 38% of MSRP – .00575 Base Rate
36 Month – Residual 31% of MSRP – .00575 Base Rate
48 Month – Residual 24% of MSRP – .00595 Base Rate
2009 Audi S8
24 Month – Residual 49% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00385 Base Rate
48 Month – Residual 35% of MSRP – .00405 Base Rate
2009 Audi R8 6-speed
24 Month – Residual 57% of MSRP – .00434 Base Rate
36 Month – Residual 50% of MSRP – .00434 Base Rate
48 Month – Residual 43% of MSRP – .00454 Base Rate
** This is a special 10K mi/year **
2009 Audi R8 R tronic
24 Month – Residual 56% of MSRP – .00434 Base Rate
36 Month – Residual 49% of MSRP – .00434 Base Rate
48 Month – Residual 42% of MSRP – .00454 Base Rate
** This is a special 10K mi/year **
* Just buy the car, you are paying for most if it within 48 months anyway.
2009 Audi Q7 3.6
2009 Audi Q7 3.6 Base
24 Month – Residual 49% of MSRP – .00056 Base Rate
36 Month – Residual 42% of MSRP – .00056 Base Rate
48 Month – Residual 35% of MSRP – .00426 Base Rate
2009 Audi Q7 3.6 Premium
24 Month – Residual 51% of MSRP – .00056 Base Rate
36 Month – Residual 44% of MSRP – .00056 Base Rate
48 Month – Residual 37% of MSRP – .00426 Base Rate
2009 Audi Q7 3.6 Premium Plus
24 Month – Residual 50% of MSRP – .00056 Base Rate
36 Month – Residual 43% of MSRP – .00056 Base Rate
48 Month – Residual 36% of MSRP – .00426 Base Rate
2009 Audi Q7 3.6 Prestige
24 Month – Residual 48% of MSRP – .00056 Base Rate
36 Month – Residual 41% of MSRP – .00056 Base Rate
48 Month – Residual 34% of MSRP – .00426 Base Rate
2009 Audi Q7 4.2 Prestige
24 Month – Residual 47% of MSRP – .00221 Base Rate
36 Month – Residual 40% of MSRP – .00221 Base Rate
48 Month – Residual 33% of MSRP – .00426 Base Rate
* I actually like the money factor here, but the residual makes it hard to lease. Another BUY candidate.
2009 Audi Q7 3.6
2009 Audi TT 2.0T Premium Coupe
24 Month – Residual 59% of MSRP – .00251 Base Rate
36 Month – Residual 52% of MSRP – .00251 Base Rate
48 Month – Residual 45% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T Premium Plus Coupe
24 Month – Residual 56% of MSRP – .00251 Base Rate
36 Month – Residual 49% of MSRP – .00251 Base Rate
48 Month – Residual 42% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T Prestige Coupe
24 Month – Residual 55% of MSRP – .00251 Base Rate
36 Month – Residual 48% of MSRP – .00251 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Premium Coupe
24 Month – Residual 59% of MSRP – .00272 Base Rate
36 Month – Residual 52% of MSRP – .00272 Base Rate
48 Month – Residual 45% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Premium Plus Coupe
24 Month – Residual 57% of MSRP – .00272 Base Rate
36 Month – Residual 50% of MSRP – .00272 Base Rate
48 Month – Residual 43% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Prestige Coupe
24 Month – Residual 56% of MSRP – .00272 Base Rate
36 Month – Residual 49% of MSRP – .00272 Base Rate
48 Month – Residual 42% of MSRP – .00415 Base Rate
2009 Audi TT 3.2L quattro Premium Plus Coupe
24 Month – Residual 57% of MSRP – .00257 Base Rate
36 Month – Residual 50% of MSRP – .00257 Base Rate
48 Month – Residual 43% of MSRP – .00415 Base Rate
2009 Audi TT 3.2L quattro Prestige Coupe
24 Month – Residual 56% of MSRP – .00257 Base Rate
36 Month – Residual 49% of MSRP – .00257 Base Rate
48 Month – Residual 42% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T Premium Cabriolet
24 Month – Residual 57% of MSRP – .00238 Base Rate
36 Month – Residual 50% of MSRP – .00238 Base Rate
48 Month – Residual 43% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T Premium Plus Cabriolet
24 Month – Residual 55% of MSRP – .00238 Base Rate
36 Month – Residual 48% of MSRP – .00238 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T Prestige Cabriolet
24 Month – Residual 55% of MSRP – .00238 Base Rate
36 Month – Residual 48% of MSRP – .00238 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Premium Cabriolet
24 Month – Residual 58% of MSRP – .00260 Base Rate
36 Month – Residual 51% of MSRP – .00260 Base Rate
48 Month – Residual 44% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Premium Plus Cabriolet
24 Month – Residual 56% of MSRP – .00260 Base Rate
36 Month – Residual 49% of MSRP – .00260 Base Rate
48 Month – Residual 42% of MSRP – .00415 Base Rate
2009 Audi TT 2.0T quattro Prestige Cabriolet
24 Month – Residual 55% of MSRP – .00260 Base Rate
36 Month – Residual 48% of MSRP – .00260 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TT 3.2L quattro Premium Plus Cabriolet
24 Month – Residual 56% of MSRP – .00228 Base Rate
36 Month – Residual 49% of MSRP – .00228 Base Rate
48 Month – Residual 42% of MSRP – .00415 Base Rate
2009 Audi TT 3.2L quattro Prestige Cabriolet
24 Month – Residual 55% of MSRP – .00228 Base Rate
36 Month – Residual 48% of MSRP – .00228 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Premium Cabriolet
24 Month – Residual 59% of MSRP – .00278 Base Rate
36 Month – Residual 52% of MSRP – .00278 Base Rate
48 Month – Residual 45% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Premium Plus Cabriolet
24 Month – Residual 55% of MSRP – .00278 Base Rate
36 Month – Residual 48% of MSRP – .00278 Base Rate
48 Month – Residual 41% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Prestige Cabriolet
24 Month – Residual 54% of MSRP – .00278 Base Rate
36 Month – Residual 47% of MSRP – .00278 Base Rate
48 Month – Residual 40% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Premium Coupe
24 Month – Residual 57% of MSRP – .00227 Base Rate
36 Month – Residual 50% of MSRP – .00227 Base Rate
48 Month – Residual 43% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Premium Plus Coupe
24 Month – Residual 54% of MSRP – .00227 Base Rate
36 Month – Residual 47% of MSRP – .00227 Base Rate
48 Month – Residual 40% of MSRP – .00415 Base Rate
2009 Audi TTS 3.2L quattro Prestige Coupe
24 Month – Residual 53% of MSRP – .00227 Base Rate
36 Month – Residual 46% of MSRP – .00227 Base Rate
48 Month – Residual 39% of MSRP – .00415 Base Rate
* I personally find the TT to be too much money for what you actually get. But that’s just me.
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