Right now, in the past 6 months, I'd say it's under 5%.

 

For some people, leasing is just a cheaper way of buying a car initially. I know you end up paying a little bit more money in the long run, but it also allows you to get the car sooner for those who cant afford a large down payment. I cant speak for anyone else, but id rathur pay a little amount of money over a longer period of time, than a large sum of money up front. It all depends on which is more conveniant for the buyer. I plan on owning my evo for as long as the car works, whether I finance or lease the car with intent to purchase at the end of the lease remains to be seen. But either way, it will be mine in the end. So modding a leased car really isnt a big deal, if you plan on refinancing it at the end of your lease anyway. Just a thought for anyone considering this route. By the way, I havent posted much over the last few months, but ive read every thread as they were being posted for the last year. I just wanted to say thanks to fireball and all the other guys who have been posting some really awesome and reliable info. So....thanks!

 

With maybe...but that is because of the 0% stuff..which I mentioned earlier.

And let me clarify. 60-70% of the cars in the OVER 30K category are leased.. This is a simple fact. The 5% that you are privy too were probably Diamantes or Montero's...perhaps.

Disposable cars? Heck. Lookit how hard the market has been hit lately, and look at how uncertain the economy is. Why on earth would you want to put all of your cash towards something like a car?? Lease it, then put the other $100-200 that you had reserved for car payment or down payment, and go buy some good stocks to sit on!! Or real estate!!
But spend it all on a car?? Nope.

Not to push leasing on anyone here, but investigate it as an option when the time comes. You will determine it's benefits and make a determination at that time! If anyone has questions about it, I would be more than happy to help. Fireball too, I'm sure.

 

This car will never be available from Mitsubishi on a lease program, nor will it see Mitsu's 0/0/0 program. Sorry, but you're going to have to pay for it.

 

Yup this car is the Z06 of the import world.... if you dont have the cash.. the next guy does... and they know they will sell every one that comes over here.. so why lease... you got the cash.. you got the car.

 

Ditto. When I started with a couple of years ago we were at the tail-end of the leasing era where 80% of the cars that left our lot were leased. In all of 2002 I sold one car on a lease.

 

who would wanna lease a evo it won't be yours just wasting your money

 

i'm gonna b leasin an evo or an sti. the reason: the only way i can afford one. i'm leasin one initially, then i'll finance the residual. here's what my mitsu boys said:

THE EVO'S ARRIVE MARCH 21ST. I HAVE ONLY ONE THAT IS NOT SOLD. I'M SURE A
LEASE WILL BE AVAILABLE. PLEASE CALL WITH ANY QUESTIONS THANKS JAKE

this is just my dealer though, so i'm sure not all r the same.

 

This guy is on crack. There won't be any leasing programs. Maybe they might be able to find one through an outside bank, but most likely not right away. Sorry.

 

luckily i don't care who the lease is with, so i'm good to go.

 

hey everyone....I have been meaning to put this up....i thought i did once...but never saw the post. But, go to this site...I am doing a similar program to a lease just like the DAP program mitsu offers. It is through this site...but is run by your credit union. But!!! your credit union must be using the program. The site is www.paymentshaver.com Hope this helps!

 

Just because it's a lease doesn't mean it's cheaper. He could offer you a 36 month $700/month lease with $3000 down. At the end you're out $28200 and don't own a thing.

For some of you who are trying to get this car cheaply, you're fooling yourselves. It's not going to happen.

 

well, i'll find out tonight and let u guys know.

 

I think leasing is a great way to go. Cause buying a car anymore on the average persons salary is downright hard anymore these days. Cause if you buy a car the average person will pay on it for 5 years...some 6 now. But after that 5-6 year term 1 of 2 things happens to the average consumer that I noticed while selling cars. 1. After that 5 year term they are sick an tired of the car....or 2. they have tons of miles on it and the cars value is shot. So in the end "alot" of people end up getting a new car and will keep paying a car payment. Now in my mind that is stupid...why? cause instead of having a car that was either miled out....or the consumer is sick of the car....they could have stepped out of that old car into a new one...with a smaller payment. Yes your money is in reality going nowhere but, neither is it really when you buy a car...cause they all depreciate. If your going to always have a car payment...and much of america does why not get a lower payment.....just my 2 cents.....and yes i know all the drawbacks of a lease.....just excersie care and self control in mileage and car care.

 

You're operating on the assumption that a lease is always less expensive. While the monthly payment might be lower, you likely will not come out ahead. The only people who ever benefited from a lease were those who recycled their cars after 2-3 years and used car salesmen (briefly). There is no incentive for a person to lease this car with general interest rates below 6% and being a limited run car which will likely hold its value. Also, cars have never been cheaper - I'm not sure what you base your first statement upon.