Hello fellow Evo fanatics! New to the board because I am considering gettinginto an Evo X myself next year. I’m in the process of saving. I have used the search and found a few good topics on my question but I'm looking for newerinsight and info despite this topic being beaten to death almost. Long storyshort, I sold my GVR4 and have been throwing around the idea of an Evo X. I’mdebating between a used GSR or a new leased Evo. The car will be for keeps. Ilike the idea of a lease because of lower monthly payments and the"new" factor. Any advice on what's recommended since for me money isan object and I'm on a budget. The goal will be to have the car on e85 withstock turbo and basic bolt-ons.

u mean leased to own?
u end up paying a ton more with a lease vehicle than just buying one.
monthly payments depend on ur credit and where ur getting the loan from.
people lease because they dont want to maintain it and want to always be in a new car.
u cant lease a car and modify it. plus u will be required to have full coverage insurance on a leased car.
if money is a major factor maybe u should keep saving, because evo's arent cheap to maintain.

Good advice above. I was looking into leasing an Evo X too. Ad said $2500.00 down + fees and $298.00 a month. When I called to find out about fees-I had to press them. They only wanted to get my phone number. In short, the car was actually $5,250.00 down!! and $298.00 per month.

So go to the dealer and get the info in writing before you proceed.

Yes I would be looking for a lease to own. If I plan to lease to own, does that mean I still can't do any modifications?

You can modify a leased vehicle, but do so at your own risk. If you damage anything in the process and warranty doesn't cover it you will have to pay to fix it before turning the car back in.

If you plan on keeping the car, just buy it from the start; it will cost you less in the long run and you won't be making lease payments, then car payments, for the next decade. If you can't afford to buy a brand new one, buy a used one.

IMO the Evo is not a car that should be lease. I don't even know why they offer it.

Will they even let you lease one.

Exactly, if you can't afford a brand new one just go used, there is very little that’s been changed between various years.

Ok, thanks for the advice guys. I was curious because I heard some people getting good leases with 3K down and a $229 a month payment for 2 years. The residual would be around $25k which to me sounded reasonable.

I ended up leasing a 2013 GSR for $300 per month with $3500 down (2 year lease).

I wasn't sure if I was going to want to keep the car and having the lower payment is nice. My residual is $27K which seems reasonable for a two year old car with <24K miles.

Anyway the lease seemed like a good deal to me personally and I don't see how a outright purchase would have saved me very much money (if I decide to keep the car).

What you have to remember with that though, after plunking down $3k, TTL, and $5,496 (229*24), you're still on the hook for another $25k which means you'd have to either come up with the cash or finance the rest of it...and if all you can afford is $229/month, you're looking at financing it for 10+ years (after interest), and no dealership or bank will do that

Everyone here seems to just be talking from their **** when it comes to leasing. These debates are like creationist vs evolutionist. Evolutionist being open to leasing because it makes perfect sense with proof while creationists being non leasing people just say its bad because they feel its bad.

Why is it bad to lease an Evo X exactly?

In my experiences selling cars incl. mitsubishis, people with more financial swagger lease ALL THE TIME. Cars either cheaper or much more expensive than the beloved Evo. There must be something about leasing that attracts this very large crowd.

(300*24)+3500+27000=$37,700
I hope for that you at least got yourself the SS package.

Worst analogy ever.

No kidding!

Regarding people with "financial swagger"...it's highly likely these big ballas are forced into leasing since they're so maxed out elsewhere they can't actually afford to purchase a vehicle. Another aspect would be if they plan to use it as a tax write-off for their business.