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May Lease Rates.......

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Old May 1, 2006 | 07:11 PM
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May Lease Rates.......
Is it to early to expect the May leasing rates? Anxious to hear! Thanks.
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Old May 2, 2006 | 11:57 AM
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They should be out by now?
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Old May 2, 2006 | 11:30 PM
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We should have them by Friday or early next week.
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Old May 3, 2006 | 12:32 AM
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Just out of curiousity, if I were to lease a car this week..........what rates would they go by?
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Old May 3, 2006 | 03:45 PM
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I heard the super promo rates (lease factors) are gone and residuals are up...making it a double whammy, at least on the E55.
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Old May 3, 2006 | 05:19 PM
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Isn't residuals going up a good thing? Doesn't that mean that the car is worth more at the end of the lease so the depreciation is less which means lower payments?
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Old May 3, 2006 | 10:30 PM
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Originally Posted by velvet fog
Isn't residuals going up a good thing? Doesn't that mean that the car is worth more at the end of the lease so the depreciation is less which means lower payments?
I meant down. My understanding is that the residuals are down about 1%, and the lease factor on the E55s has more than tripled. Wow.
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Old May 4, 2006 | 04:18 PM
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One of my employee's wife works at a local MB dealer and she said that lease rates are up and residuals down. You're right, the double whammy effect.

Ouch.
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