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.

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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

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