Evo X Questions!
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Joined: Apr 2011
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From: Los Angeles
Evo X Questions!
Since I may be getting a new 2011 Evo X MR soon. I had a couple questions!
And my first question is, what is the best monthly payment you can get an Evo X MR for, I have perfect credit, and i would be putting down about $3-5k. I will be leasing it for now.
And second question is, how much can i mod the evo x mr without voiding the warranty? I am assuming, catback and intake. if anything else id like to know, and how much power do you think i can make it without voiding the warranty. So basically, whats the max power i can get out of the evo x mr without voiding the warranty and how much can i mod it??
Thanks in advance!!!
And my first question is, what is the best monthly payment you can get an Evo X MR for, I have perfect credit, and i would be putting down about $3-5k. I will be leasing it for now.
And second question is, how much can i mod the evo x mr without voiding the warranty? I am assuming, catback and intake. if anything else id like to know, and how much power do you think i can make it without voiding the warranty. So basically, whats the max power i can get out of the evo x mr without voiding the warranty and how much can i mod it??
Thanks in advance!!!
Last edited by KarbisX; Apr 22, 2011 at 03:32 PM.
From Mitsu's site:
2011 Lancer Evolution
0.0% APR for 36 months (36 monthly payments of $27.78 per $1,000 financed at 0.0% APR)
Available through Mitsubishi Motors Credit of America, subject to approved credit and insurance. Some customers will not qualify. Retailer price, terms, and vehicle availability may vary. May not combine with factory cash rebates. See your Mitsubishi retailer for details. Offer valid from 04/01/2011 through 05/02/2011.
2011 Lancer Evolution GSR Lease
Lease: $349 per month / 48 months / $3,698 due at lease signing. Includes required refundable security deposit. Excludes tax, license, title, registration, documentation fees, insurance and the like.
Lease example for 2011 Lancer Evolution GSR , MSRP $33,995 plus $775 ($900 Alaska) destination handling. Available through Mitsubishi Motors Credit of America, subject to approved credit and insurance. Not all customers will qualify. Retailer price, terms and vehicle availability may vary. Other lease terms/details apply. May not combine with factory cash rebates. See your Mitsubishi retailer for details. Offer valid from 04/01/2011 through 05/02/2011.
The above should help you figure out your monthly payment...
As for modding while retaining your warranty it really depends on your dealer. SouthCoast Mitsu dealers seems to be fairly mod friendly (probably more so if you purchase the parts through them) so you should be ok with some basic bolt-ons like intake and exhaust.
2011 Lancer Evolution
0.0% APR for 36 months (36 monthly payments of $27.78 per $1,000 financed at 0.0% APR)
Available through Mitsubishi Motors Credit of America, subject to approved credit and insurance. Some customers will not qualify. Retailer price, terms, and vehicle availability may vary. May not combine with factory cash rebates. See your Mitsubishi retailer for details. Offer valid from 04/01/2011 through 05/02/2011.
2011 Lancer Evolution GSR Lease
Lease: $349 per month / 48 months / $3,698 due at lease signing. Includes required refundable security deposit. Excludes tax, license, title, registration, documentation fees, insurance and the like.
Lease example for 2011 Lancer Evolution GSR , MSRP $33,995 plus $775 ($900 Alaska) destination handling. Available through Mitsubishi Motors Credit of America, subject to approved credit and insurance. Not all customers will qualify. Retailer price, terms and vehicle availability may vary. Other lease terms/details apply. May not combine with factory cash rebates. See your Mitsubishi retailer for details. Offer valid from 04/01/2011 through 05/02/2011.
The above should help you figure out your monthly payment...
As for modding while retaining your warranty it really depends on your dealer. SouthCoast Mitsu dealers seems to be fairly mod friendly (probably more so if you purchase the parts through them) so you should be ok with some basic bolt-ons like intake and exhaust.
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Research your leasing options before you jump into a contract that ends up costing you more than you want (or can afford).
Leasing to buy is probably the worst and most expensive route you can go with new cars. If you're going to lease, just lease it. If you're going to buy, finance it (since clearly you don't have the money to buy it cash).
Many people who lease Evos and STIs choose to modify them. Just be sure you are able to modify them back to stock and that none of your mods are so extreme that you break the car during your lease contract.
Additionally, Evos typically don't make great lease cars because they beg to be driven. Regardless of your annual allotted mileage, you will want to drive the Evo. This is not a good thing when your mileage is limited.
Lastly, if you are what dealerships call a "monthly payment shopper" (and your previous post implies that you are), then bring the lube, wine and roses when you go lease shopping. The salespeople and finance manager will be taking turns running the train on your behind (unless you research leasing and its complications well).
Good luck in your search. Post up if you have more questions.
Leasing to buy is probably the worst and most expensive route you can go with new cars. If you're going to lease, just lease it. If you're going to buy, finance it (since clearly you don't have the money to buy it cash).
Many people who lease Evos and STIs choose to modify them. Just be sure you are able to modify them back to stock and that none of your mods are so extreme that you break the car during your lease contract.
Additionally, Evos typically don't make great lease cars because they beg to be driven. Regardless of your annual allotted mileage, you will want to drive the Evo. This is not a good thing when your mileage is limited.
Lastly, if you are what dealerships call a "monthly payment shopper" (and your previous post implies that you are), then bring the lube, wine and roses when you go lease shopping. The salespeople and finance manager will be taking turns running the train on your behind (unless you research leasing and its complications well).
Good luck in your search. Post up if you have more questions.
Thread Starter
Newbie
Joined: Apr 2011
Posts: 38
Likes: 1
From: Los Angeles
Research your leasing options before you jump into a contract that ends up costing you more than you want (or can afford).
Leasing to buy is probably the worst and most expensive route you can go with new cars. If you're going to lease, just lease it. If you're going to buy, finance it (since clearly you don't have the money to buy it cash).
Many people who lease Evos and STIs choose to modify them. Just be sure you are able to modify them back to stock and that none of your mods are so extreme that you break the car during your lease contract.
Additionally, Evos typically don't make great lease cars because they beg to be driven. Regardless of your annual allotted mileage, you will want to drive the Evo. This is not a good thing when your mileage is limited.
Lastly, if you are what dealerships call a "monthly payment shopper" (and your previous post implies that you are), then bring the lube, wine and roses when you go lease shopping. The salespeople and finance manager will be taking turns running the train on your behind (unless you research leasing and its complications well).
Good luck in your search. Post up if you have more questions.
Leasing to buy is probably the worst and most expensive route you can go with new cars. If you're going to lease, just lease it. If you're going to buy, finance it (since clearly you don't have the money to buy it cash).
Many people who lease Evos and STIs choose to modify them. Just be sure you are able to modify them back to stock and that none of your mods are so extreme that you break the car during your lease contract.
Additionally, Evos typically don't make great lease cars because they beg to be driven. Regardless of your annual allotted mileage, you will want to drive the Evo. This is not a good thing when your mileage is limited.
Lastly, if you are what dealerships call a "monthly payment shopper" (and your previous post implies that you are), then bring the lube, wine and roses when you go lease shopping. The salespeople and finance manager will be taking turns running the train on your behind (unless you research leasing and its complications well).
Good luck in your search. Post up if you have more questions.
oh yea, forgot to mention that my friend which has a Evo 9 GSR, bought his evo from the same dealership and he know's the manager of the dealership, so he can get me a nice hookup.
What i meant by buying it, is that i might switch it to a buy later on if i want to keep it, but for now its going to be a lease. And if i want to buy it which i most likely will, i'll pay it off as soon as possible.
And about moding, i wont do anything extreme, probably Catback, intake and if there is any other mods i can do without voiding the warranty. And i will keep all the parts anyway.
Thanks for your input!! And i will keep ya posted!
Last edited by KarbisX; Apr 23, 2011 at 12:38 AM.
What i meant by buying it, is that i might switch it to a buy later on if i want to keep it, but for now its going to be a lease. And if i want to buy it which i most likely will, i'll pay it off as soon as possible.
And about moding, i wont do anything extreme, probably Catback, intake and if there is any other mods i can do without voiding the warranty. And i will keep all the parts anyway.
Thanks for your input!! And i will keep ya posted!
And about moding, i wont do anything extreme, probably Catback, intake and if there is any other mods i can do without voiding the warranty. And i will keep all the parts anyway.
Thanks for your input!! And i will keep ya posted!
You don't need to do anything extreme to void a warranty. Some dealerships will void a warranty for a boost gauge. I imagine they are really particular on power mods for the MR, especially if you run into a trans issue with power mods on the car, ie intake, exhaust. You better find out from the delaer what mods are safe with warranty, and get it in writing! Just because they tell you one day, doesn't mean it will hold true forever. I wouldn't assume any mods are "safe."
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Joined: Oct 2010
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From: PA
The 36 month loan available from MMCA is nice due to 0% interest but based on your down payment, it's not for you. Financing just $25,000 through that would leave you with ~ $700 monthly payment. If your credit is that good, I'd shop around for a longer term loan with the lowest interest rate possible. Show up to the dealer having been approved for an outside loan and don't even bother negotiating financing with them, focus on the purchase price. Tax is a set percentage and other fees are usually standard, know these numbers and factor them into your calculations.
The longer loan term will lower your monthly payment, but you'll pay more interest. Leasing an Evo makes no sense to me, and as others have said doing the lease-to-buy route is a disaster. Save up about $8,000 now, get the MR bone stock (or get as few options as possible) and negotiate your purchase price as low as possible. Leases allow a lower payment up front but if you buy, it's a good target to put down at least 20%. If $5,000 is your max, you should probably look at a Ralliart instead.
If you think you'll get the mod bug, go with the GSR.
The longer loan term will lower your monthly payment, but you'll pay more interest. Leasing an Evo makes no sense to me, and as others have said doing the lease-to-buy route is a disaster. Save up about $8,000 now, get the MR bone stock (or get as few options as possible) and negotiate your purchase price as low as possible. Leases allow a lower payment up front but if you buy, it's a good target to put down at least 20%. If $5,000 is your max, you should probably look at a Ralliart instead.
If you think you'll get the mod bug, go with the GSR.
haha this has bad news written all over it. Mitsu will void the warranty if you put the wrong size cup in the cup holder for pete's sake. If you are worried about getting the lowest payments then you should try and find a used evo which will be a lot cheaper. You have to remember that this is a high maintenance car and the gas, insurance, frequent fluids will be much more then you car payment every month easy.
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