i drive almost 100 miles a day. im on 31k now and i had the car for 18 months. im leasing my MR and going to buy it after the lease! anything wrong with that?lol

 

I'm currently leasing my (base) 2011 GSR and (for me) it's a good deal. I don't recall the exact numbers off hand, but basically I traded in my 2001 Eclipse GT and got $3,000 for it (it only had 57K on the clock). This enabled me to work out a 48 month lease for $350 a month with a $17,000 buy-out when the lease is up. And when you work that out, it's pretty much equal to what I'd wind up paying altogether had I went the financing route once you factor in the tax and interest. So (for me) it was 6 of one and a half dozen of the other...

The big plus (for me) though, was I didn't have to lay out a huge down payment out of my pocket. Not that I didn't have it, but I just didn't want to - I figured that money would be better spent on snow tires, mud flaps, summer rims and anything else I wind up wanting to do to it. Additionally, they gave me a 6 month "rollback" that would allow me to get out of the lease after 42 months, but honestly now that there won't be anymore Evos after 2013, I'm seriously thinking about buying it out at the end of the lease term.

A few things to consider:

- My credit is pretty decent - not stellar, but decent, so that helped

- I commute to work via train, so I def won't be going over the mileage (as you can tell by how few miles I had on the eclipse)

- I don't plan on doing any modding beyond bolt-on stuff (for now anyway - we'll see what happens with that...)

This is the first vehicle I've leased, and I was definitely skeptical at first, but I have no complaints. Yet anyway... I honestly think the dealer was just happy to unload it - when I walked in, the place was a ghost town and all the salesmen's heads popped up like a bunch of gophers when I walked in the door...

Oh, and the funny thing is I am paying less for top-of-the line insurance on the Evo than I was for just liability on the Eclipse...

But basically all I'm trying to say is, it all boils down to what works best for you - everyone's situation is different

 

^^ Thank you for presenting a cogent, intelligent reason you chose leasing over buying.

I, on the other hand, drive my cars into the ground and that is the #1 reason leasing doesn't work for me. Everything else works in my favor (including my company's paying for the lease payments) but I also know that I would simply take out the car on random days/nights and drive around enjoying it.

Just making sure people understand both sides of the question intelligently and providing facts, not emotions when giving their input to this ever popular issue.

 

I've seen some situations where because of the difference in interest rates... when you added up the monthly payments + buyout for leasing... versus the monthly payments for financing... leasing turned out to be cheaper. But as others have said... with 0% financing it doesn't really make sense to lease if you are keeping the car long term.

 

I leased my 2010 GSR, drove off the lot with 19 miles on it after test driving. I have modded mine but thats because after the lease is up I plan to buy, I have figured things up and after making payments of 350 a month and adding the amount I will pay in my lease, when I go to buy my evo, I'll have paid 27,000 for it

 

Look at your options unless you have the extra cash to throw around, because like my post above said, the X's go from 30-32k for the gsr on average around me anyway, after my 36 month lease and then paying the amount in my contract, I'll paid 27k, @ least 3k saved!

Now if you don't want to mod and plan on turning your car back in then lease is also a clearly a way to go, its just sometimes dealers look at a for instance "you" and say this guy will lease this car, not pay attention to his monthly payments and final price and more than likely come back in and lease out another car anyway so they look at leasing as a money maker in a sense, but if you look close some times and talk your game you can come out better on the final price end.

 

So true, I just recently learned (with the help of all these forums) that you can negotiate (with some) dealers. The first price they present isn't fixed.