Lancer

November 2008 Lease Rate for 08 Mitsubishi Lancer Evolution

Published by G

My Take: I’m not sure I can recommend leasing the Lancer EVO GSR or MR at the moment. The MF is rather tempting on the GSR, but don’t let it fool you, it still will cost you upwards of $600 if you want options. The better alternative is to buy using the 0% financing plus the $500 loyalty and $500 military rebates available if you qualify.

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LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2008 Mitsubishi Lancer Evolution GSR
24 Month – Residual 63% of MSRP – .00129 Base Rate
36 Month – Residual 54% of MSRP – .00320 Base Rate
48 Month – Residual 44% of MSRP – .00320 Base Rate
60 Month – Residual 37% of MSRP – .00320 Base Rate

2008 Mitsubishi Lancer Evolution MR
24 Month – Residual 58% of MSRP – .00320 Base Rate
36 Month – Residual 50% of MSRP – .00320 Base Rate
48 Month – Residual 41% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

Rates provided by Leasecompare.com

June 2008 Lease Rate for 08 Mitsubishi Lancer Evolution GSR

Published by G

2008 Mitsubishi Lancer Evolution GSR Sedan
24 Month – Residual 65% of MSRP – .00250 Base Rate
36 Month – Residual 56% of MSRP – .00260 Base Rate
48 Month – Residual 47% of MSRP – .00260 Base Rate
60 Month – Residual 42% of MSRP – .00330 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Insuring an Evo can get pretty costly, so think long and hard before tying yourself down with one of these as your “daily” driver. If you haven’t already, check out L’s Mitsu Evo. This thing flies, which is why L drives around in a Mazda 626 and uses his Evo as a part time driver. If I were to get an Evo, I wouldn’t lease one, I’d buy one. The lease rates aren’t that great, plus if you get one, you would probably want to modify it.