Experiences with leasing?
#46
Well my lease was 4k down at 400 a month for 24 on my gsr. But my residual is only 26k. Dont forget if.ur buying it out at the end to talk the dealership down on the residual.. use the fact that ur helping them move product, mitsu is hurting in north america ect. Im gonna aim for 24k on the low side.. and i see gsrs going for 28k with aroubd 25k miles so yeah
#47
Mitsu has very good lease options for the Evo and it's a pretty good option since the car retains a high value. However everyone's options and preferences are different.
Mitsu sees its resale value for Evo highest at 3 years, so 3 year lease is best.
You can still negotiate the cars actual price, and never put down more then needed. (tags, registration, so on)
I'm at a fair monthly payment, 15k miles a year, and end of lease cost is nice and low.
And yes leased insurance needs a higher coverage, not on the car itself but usually higher bodily injury, but that varies by state so speak with your insurance agent.
Mitsu sees its resale value for Evo highest at 3 years, so 3 year lease is best.
You can still negotiate the cars actual price, and never put down more then needed. (tags, registration, so on)
I'm at a fair monthly payment, 15k miles a year, and end of lease cost is nice and low.
And yes leased insurance needs a higher coverage, not on the car itself but usually higher bodily injury, but that varies by state so speak with your insurance agent.
#49
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Well my lease was 4k down at 400 a month for 24 on my gsr. But my residual is only 26k. Dont forget if.ur buying it out at the end to talk the dealership down on the residual.. use the fact that ur helping them move product, mitsu is hurting in north america ect. Im gonna aim for 24k on the low side.. and i see gsrs going for 28k with aroubd 25k miles so yeah
You can however "residual," certain dealer installed options. Basically if you add $500 to the price of the car by adding something, you can sometimes increase the residual value by $500. It essentially makes the item free on your lease.
People see South Coast's prices and freak the hell out. In reality if you know what you're looking at, it's only a good deal if you live with in reasonable driving distance. There's a reason there have been numerous complaints on this forum about SC Mitsu, and it's all from out of state buyers.
Last edited by TrogdorWBL; Jan 17, 2014 at 08:58 PM.
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