May 2008 Lease Rate for 09 Dodge Journey

Journey SE 2W
36mo/12k – residual 49% – money factor .00199

Journey SXT 2WD
36mo/12k – residual 52% – money factor .00191

*$1000 cash incentive

My Take: Road and Track magazine compared all the current crossovers in a 5 car comparo. Guess who came in dead last? Yeah, good old Dodge Journey. Honestly, this car looks more like a minivan than a crossover SUV. Get an Odyssey, it may be a minivan, but you get more room, better built quality and it looks much better. The lease rates are self explanatory…leasing this will probably cost you more than buying (in the long run).

May 2008 Lease Rate for 08 Infiniti G35/G37

2008 Infiniti G35 Journey Sedan
24 Month/12k miles/yr – Residual 70% of MSRP – .00126 Base Rate
36 Month/12k miles/yr – Residual 60% of MSRP – .00150 Base Rate

2008 Infiniti G35 Sport Sedan
24 Month/12k miles/yr – Residual 69% of MSRP – .00126 Base Rate
36 Month/12k miles/yr – Residual 59% of MSRP – .00150 Base Rate

2008 Infiniti G35 X Sedan
24 Month/12k miles/yr – Residual 71% of MSRP – .00131 Base Rate
36 Month/12k miles/yr – Residual 61% of MSRP – .00150 Base Rate

2008 Infiniti G37 Coupe
24 Month/12k miles/yr – Residual 74% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 63% of MSRP – .00192 Base Rate

2008 Infiniti G37 Journey Coupe
24 Month/12k miles/yr – Residual 72% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 62% of MSRP – .00192 Base Rate

2008 Infiniti G37 Sport Coupe
24 Month/12k miles/yr – Residual 74% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 63% of MSRP – .00192 Base Rate

Here are more rates (added 5/12/08):

G37 Base
39mo/15k – money factor 0.00190 – residual 61% .Base Rate

You should be able to estimate the residuals for the G35/G37 journey and sport (+/- 1% or 2%) by looking at the other numbers posted.

My Thoughts: The rates have dropped a tiny bit compared to last month. The problem is that the residuals have dropped some as well. Overall, payments should be around $10 less than last month. So things are definitely getting cheaper, the question is, is it going to get cheaper next month?