jersey jay

just registered to the forum . coming out of a superchared 00 328 i have a need for MORE speed. im just wondering what you guys that are lease are paying monthy with how many miles and how much down?? so lets hear it who got the best deal?

Mister2zx3

I've wondered this as well. Has anyone leased an Evo or has anyone talked with a place that even leases them?

RoundPro

I have... The dealer quoted me, with $5K down, 36 month... Are you ready...$800.00 A month (actually it was a little over, but i cannot recall the exact amount).

Anyone interested?

sccavee

iTrader: (4)

Why would you want to lease? Part of the fun is making mods to it.

Mister2zx3

That's absurd. That's $33,800, then they usually have some residual value like 40% or estimated value in 3 years.

digdat

iTrader: (31)

30,000
- 5,000
----------
$25,000

25000 / 36 = 694.4444/month
800 - 694.4444 = $105.5555/month interest

total payment = $800.00/month

hmmm ... 36 months. is that with any markup on the car? or a pit pass? options?

edit: math :d

OZevoVII

yeah if you are leasing an H2.

RoundPro

Don't believe me? Go to the source and ask your dealer.

Kev525

I was quoted slightly under $500 to lease it with no money down. I believe the terms were for 36 months but am not sure on that part. This was here in NJ at a DSM near Paramus. They even offered a test drive which I turned down, too much traffic outside and I did not want to wake up my son who was sleeping.

jersey jay

thanks for the input guys.. i dont know why but i just like the lease, i dont like keeping cars more the 3 years and moding can be done as long its reverseble , i leased my bmw and did like 20k in mods then returned it back to stock and sold the mods for a good part of the money, i did all the labor my self so that was free im suprised no one posted that actually leased, maybe the lease program is just off the wall? 800 a month is crazy for a 30000 dollar car. i paid 500 a month on a 43k car with 3 k down. this car should be in the mid 300s which would make it worth a lease. if over that then financing is the way to go.
thanks again

Mister2zx3

I'd suggest lease compare.

36 Month Lease
Lease quotes for: 2003 MITSUBISHI LANCER, 4d Sdn Evolution 36,000 Total Miles


Lending Source (click a quote to
continue) Payment Money Factor Mileage Penalty Disposition Fee Residual Value Security Deposit
Lease Quote A (39 Month Special) $540 0.00244 0.18 $395 $12,120 Yes
Lease Quote A $577 0.00244 0.18 $395 $12,120 Yes
Lease Quote B $602 0.00324 0.17 $350 $12,446 No
Lease Quote F (39 Month Special) $669 0.00502 0.15 $500 $11,514 Yes
Lease Quote F $707 0.00502 0.15 $500 $11,514 Yes
Manufacturer Lease Program Get Quote

Secret Chimp

iTrader: (2)

There is no official leasing from Mitsubishi on the Evo.....unless they very recently started doing it.

Round Pro.

I think your dealership was feeding you a line. He quoted you some off the wall numbers so you would either go away, or choose normal financing.

Those numbers they gave you don't even work out. With those numbers, the 'leasing company' would be assuming that the car is going to be worth -$3,000 at the end of the lease term.... Thats right. You would be paying $33,800 over the course of the 36 months....including your downpayment. So in the end, you dealer was probably just giving you a quote for a 36 month car loan....on a slightly over MSRP priced Evo. I a lease, you are only supposed to be paying for the (projected) depreciation of the car over the time you own it.

So if the car is $30k new...and projected to be valued at $15k in 3 years....you should only be paying the equivalent of $15k over the 3 years you are signed onto the lease. So if thats the case, and you still put down $5k, you should be paying somewhere around $300 a month for your lease.

SC~