09 Mercedes Benz CL, CLK, CLS Lease Rates – May 2009

logo_benzMy Take: Not much of a drastic change for the CL this month. Some residuals went up by 1% and some dropped 1%. A bit weird seeing residuals go up and down like that, but as long as it saves money, I’m all for it. CLKs this month are practically unchanged from April 2009, with the exception of the convertibles. Not sure if the lease deal Dr J got last month is still going on, but I don’t see why they wouldn’t want to move those still on the lot. Check last month’s comments from Dr J as a guide to your own deal on a CLK550 or even a CLK350. CLS rates went up a bit so I wouldn’t feel too bad if you decided to give it pass this month.

2009 Mercedes CL-Class

2009 Mercedes CL550 4matic
24-month | 15k miles | residual 50% | .00275 base money factor
36-month | 15k miles | residual 45% | .00200 base money factor
48-month | 15k miles | residual 38% | .00200 base money factor

2009 Mercedes CL600
24-month | 15k miles | residual 42% | .00275 base money factor
36-month | 15k miles | residual 38% | .00200 base money factor
48-month | 15k miles | residual 31% | .00200 base money factor

2009 Mercedes CL63 AMG
24-month | 15k miles | residual 44% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes CL65 AMG
24-month | 15k miles | residual 40% | .00430 base money factor
36-month | 15k miles | residual 36% | .00395 base money factor
48-month | 15k miles | residual 29% | .00395 base money factor

2009 Mercedes CLK-Class

2009 Mercedes CLK350 Coupe
24-month | 15k miles | residual 45% | .00028 base money factor
36-month | 15k miles | residual 44% | .00008 base money factor
48-month | 15k miles | residual 36% | .00008 base money factor

2009 Mercedes CLK350 Convertible
24-month | 15k miles | residual 50% | .00030 base money factor
36-month | 15k miles | residual 48% | .00074 base money factor
48-month | 15k miles | residual 35% | .00074 base money factor

2009 Mercedes CLK550 Coupe
24-month | 15k miles | residual 42% | .00028 base money factor
36-month | 15k miles | residual 41% | .00008 base money factor
48-month | 15k miles | residual 34% | .00008 base money factor

2009 Mercedes CLK550 Convertible
24-month | 15k miles | residual 47% | .00030 base money factor
36-month | 15k miles | residual 46% | .00074 base money factor
48-month | 15k miles | residual 34% | .00074 base money factor

2009 Mercedes CLS-Class

2009 Mercedes CLS550
24-month | 15k miles | residual 52% | .00100 base money factor
36-month | 15k miles | residual 47% | .00118 base money factor
48-month | 15k miles | residual 38% | .00118 base money factor

2009 Mercedes CLS63 AMG
24-month | 15k miles | residual 49% | .00430 base money factor
36-month | 15k miles | residual 45% | .00395 base money factor
48-month | 15k miles | residual 36% | .00395 base money factor

July 2008 Lease Rate for 08/09 Mercedes Benz CL, CLS, CLK

2008 Mercedes CL550 Coupe
24 Month – Residual 58% of MSRP – .00385 Base Rate
36 Month – Residual 50% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes CL600 Coupe
24 Month – Residual 48% of MSRP – .00385 Base Rate
36 Month – Residual 42% of MSRP – .00350 Base Rate
48 Month – Residual 36% of MSRP – .00350 Base Rate
60 Month – Residual 31% of MSRP – .00350 Base Rate

2008 Mercedes CL63 AMG Coupe
24 Month – Residual 52% of MSRP – .00385 Base Rate
36 Month – Residual 46% of MSRP – .00350 Base Rate
48 Month – Residual 40% of MSRP – .00350 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes CL65 V12 AMG Coupe
(residual not found on this one)
24 Month – Residual 49% of MSRP – .00365 Base Rate
36 Month – Residual 43% of MSRP – .00330 Base Rate
48 Month – Residual 37% of MSRP – .00330 Base Rate
60 Month – Residual 32% of MSRP – .00330 Base Rate

2008 Mercedes CLK350 Coupe
24 Month – Residual 56% of MSRP – .00025 Base Rate
36 Month – Residual 46% of MSRP – .00070 Base Rate
48 Month – Residual 39% of MSRP – .00070 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes CLK350 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 52% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Coupe
24 Month – Residual 53% of MSRP – .00025 Base Rate
36 Month – Residual 44% of MSRP – .00070 Base Rate
48 Month – Residual 37% of MSRP – .00070 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes CLK550 Convertible
24 Month – Residual 62% of MSRP – .00115 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes CLK63 AMG Convertible
24 Month – Residual 47% of MSRP – .00385 Base Rate
36 Month – Residual 40% 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 CLS550 Sedan
24 Month – Residual 61% of MSRP – .00385 Base Rate
36 Month – Residual 52% of MSRP – .00350 Base Rate
48 Month – Residual 45% of MSRP – .00350 Base Rate
60 Month – Residual 40% of MSRP – .00350 Base Rate

2008 Mercedes CLS63 AMG Sedan
24 Month – Residual 57% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 38% of MSRP – .00350 Base Rate

2009 Mercedes CLS550
24 Month – Residual 66% of MSRP – .00230 Base Rate
36 Month – Residual 54% of MSRP – .00230 Base Rate
48 Month – Residual 46% of MSRP – .00230 Base Rate
60 Month – Residual 41% of MSRP – .00350 Base Rate

2009 Mercedes CLS63 AMG
24 Month – Residual 63% of MSRP – .00385 Base Rate
36 Month – Residual 52% 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: The rates didn’t seem to change much from June, with the CLK being the only car worth leasing at the moment. Unfortunately the residual is still ridiculously lower than expected for a MB. Imagine paying almost 50% of that CLK within two years! OUCH! At least the MF is low enough to ease the pain. If you want a MB convertible, this is probably not a bad time to jump into one. I think MBs are meant to be bought, which isn’t unexpected. With quality issues and super expensive maintenance and repair fees, not even MB wants their cars back.