Money Factor

June 2008 Lease Rates for 08 Mercedes Benz G-Class and GL-Class

Published by G

2008 Mercedes G500 Wagon

24 Month – Residual 57% of MSRP – .00365 Base Rate
36 Month – Residual 50% of MSRP – .00330 Base Rate
48 Month – Residual 43% of MSRP – .00330 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes G55 AMG Wagon

24 Month – Residual 52% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 40% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes GL320 CDI Wagon

24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 54% of MSRP – .00185 Base Rate
48 Month – Residual 45% of MSRP – .00185 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate

2008 Mercedes GL450 Wagon

24 Month – Residual 63% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00185 Base Rate
48 Month – Residual 44% of MSRP – .00185 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes GL550 Wagon

24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 36% 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: The Gs and GLs are a bunch of pimped up crossovers. There is practically no lease assistance from MB with the exception of a somewhat reduced money factor on the low-end GLs. If you got the money and need a crossover, you might as well get a Mercedes Benz. Just be aware that built-quality isn’t job #1.

June 2008 Lease Rates for 08 Mercedes Benz S, SL and SLK

Published by G

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?

June 2008 Lease Rates for 08 Mercedes Benz ML-Class

Published by G

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 66% of MSRP – .00185 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 45% of MSRP – .00215 Base Rate
60 Month – Residual 41% of MSRP – .00330 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 60% of MSRP – .00185 Base Rate
36 Month – Residual 52% of MSRP – .00215 Base Rate
48 Month – Residual 40% of MSRP – .00215 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 58% of MSRP – .00185 Base Rate
36 Month – Residual 49% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 52% of MSRP – .00250 Base Rate
36 Month – Residual 43% of MSRP – .00250 Base Rate
48 Month – Residual 37% of MSRP – .00250 Base Rate
60 Month – Residual 34% 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: My Aunt has one of these monsters. I believe it is the ML550. Why a mother of 2 college graduates living in California needs a SUV with AWD defies my logic. The rates are quite average, nothing that would make me scream “great deal”. Crappy residual values and so-so money factors usually won’t motivate many to get one of these. Add on the fact that Premium gas is getting awfully close to $5 per gallon, the MLs probably won’t be moving off the lots too quickly.

June 2008 Lease Rates for 08 Mercedes Benz E-Class

Published by G

2008 Mercedes E320 BlueTec Sedan
24 Month – Residual 65% of MSRP – .00150 Base Rate
36 Month – Residual 55% of MSRP – .00225 Base Rate
48 Month – Residual 46% of MSRP – .00225 Base Rate
60 Month – Residual 42% of MSRP – .00330 Base Rate

2008 Mercedes E350 Luxury Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 41% of MSRP – .00130 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes E350 Luxury 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 42% of MSRP – .00100 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes E350 Sport Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 41% of MSRP – .00130 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes E350 Sport 4matic Sedan
24 Month – Residual 60% of MSRP – .00030 Base Rate
36 Month – Residual 50% of MSRP – .00100 Base Rate
48 Month – Residual 42% of MSRP – .00100 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes E350 4matic Wagon
24 Month – Residual 56% of MSRP – .00200 Base Rate
36 Month – Residual 45% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes E550 Sport Sedan
24 Month – Residual 57% of MSRP – .00150 Base Rate
36 Month – Residual 47% of MSRP – .00150 Base Rate
48 Month – Residual 40% of MSRP – .00150 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes E550 Sport 4matic Sedan
24 Month – Residual 53% of MSRP – .00365 Base Rate
36 Month – Residual 45% of MSRP – .00330 Base Rate
48 Month – Residual 39% of MSRP – .00330 Base Rate
60 Month – Residual 35% of MSRP – .00330 Base Rate

2008 Mercedes E63 AMG Sedan
24 Month – Residual 59% of MSRP – .00100 Base Rate
36 Month – Residual 50% of MSRP – .00175 Base Rate
48 Month – Residual 43% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate

2008 Mercedes E63 AMG Wagon
24 Month – Residual 56% of MSRP – .00365 Base Rate
36 Month – Residual 47% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 37% 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: The E-class is getting a face-lift and new upgrades for the 2009 model year. As you can see, the money factors are very attractive for the 24-month leases, specially for the E350 Sport 4matic. The residuals are not too bad, although, it really sucks when you have to pay almost 40% of the car’s value within 2 years.

June 2008 Lease Rates for BMW X-Series

Published by G

2008 BMW X3 3.0si 4WD SUV
24 Month – Residual 72% of MSRP – .00240 Base Rate
36 Month – Residual 62% of MSRP – .00240 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 Base Rate

2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 63% of MSRP – .00240 Base Rate
36 Month – Residual 53% of MSRP – .00240 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 55% of MSRP – .00215 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 29% of MSRP – .00263 Base Rate

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 62% of MSRP – .00263 Base Rate
36 Month – Residual 51% of MSRP – .00263 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 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: Ok I got kind of lazy so I didn’t want to list the X3, X5 and X6 individually, so here’s the complete list. Honestly, the X lineup is not my cup of tea since I don’t really enjoy driving SUVs much (size, parking, higher viewing clearance, etc…). I just like sitting lower and closer to the ground. It doesn’t surprise me to see the X3 holding better residual values than the other two (X5, X6). Everything seems to be dictated by gas prices and the X3 seems to consumes the least amount. I still think BMW needs better lease support to make them great lease deals. But this is BMW and they don’t really need to do much to move their cars.

June 2008 Lease Rate for 2008 Nissan Altima

Published by G

2008 Nissan Altima SL Sedan
24 Month – Residual 69% of MSRP – .00087 Base Rate
36 Month – Residual 58% of MSRP – .00087 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 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: Suprisingly Enough, the Altima has become a strong contender against the Honda Accord and Toyota Camry. Strong residuals and money factors make this vehicle a pretty good lease. Funny how the Altima was originally slated to be one class below the midsized family sedan. Now, it has effectively squeezed the Maxima out and made itself comfortable in that segment.

June 2008 Lease Rates for 08 Subaru Impreza WRX

Published by G

2008 Subaru Impreza WRX Wagon
24 Month – Residual 64% of MSRP – .00150 Base Rate
36 Month – Residual 55% of MSRP – .00135 Base Rate
48 Month – Residual 47% of MSRP – .00205 Base Rate
60 Month – Residual 40% of MSRP – .00245 Base Rate
2008 Subaru Impreza WRX STi
24 Month – Residual 67% of MSRP – .00240 Base Rate
36 Month – Residual 58% of MSRP – .00215 Base Rate
48 Month – Residual 49% of MSRP – .00215 Base Rate
60 Month – Residual 42% of MSRP – .00245 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: I’m not too fond of the WRX’s hatchback styling, but there is no denying it’s abilities. The residual value is good on the Wagon and STi, however, the STi’s money factor could use some help. Unfortunately, the payments will still hang around the $400+ range with my recommended drive-off (1st month payment + fees) for the higher-end models.

June 2008 Lease Rates for 08 BMW Z4

Published by G

2008 BMW Z4 3.0si Coupe
24 Month – Residual 61% of MSRP – .00190 Base Rate
36 Month – Residual 51% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 27% of MSRP – .00263 Base Rate

2008 BMW Z4 3.0i Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 3.0si Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 M Coupe
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 M Convertible
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 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: Summer is here and BMW has dropped their MF and kept their residual values the same as in May for the Z4. That means you will be leasing this car will come out to be a bit less than last month (probably around $5-$10). Not much, but with every else going up in price around us, it’s better than nothing.