Questions for StangNetters Leasing a 5.0

WMUCarGuy · Feb 24, 2011

I'm planning on leasing a 5.0 this summer and I want to get an idea of what my monthly payments will be like. I know there are a million factors that can change a lease, but I'm sure I could definitely get an idea of where I'll be at.

So without going into too much personal detail, could you guys give me some of the details of your leases, including the window sticker prices of your cars?

Thanks!

Or perhaps I could tell you guys what I plan on getting and you could estimate where my payment will be.

2011 GT Premium - 6MT
Sterling Gray/Red Leather (401A)
Brembo Brake Package
3.73:1 Rear Axle
HIDs/Security Package
Comfort Package
GT Lower front Fascia
GT Rear Diffuser Fascia

Total Price: $38,095

I'm not sure how much I'll want to put down yet, or how many miles I'll decide I need, but I hope that's enough to at least give me a rough figure.

Malecoda · Feb 25, 2011

Although I dont get the point of leasing cars let alone a mustang.. Here's a link.

Auto Lease Calculator at Edmunds.com

Hope that helps a little

5.0's 4 ever · Feb 25, 2011

Last time i had checked ford only has lease offers on the V6 mustang.

gmantheman · Feb 25, 2011

I would never lease a car let alone a mustang. If you mod it, you have to take the mods off before turning it back in. You say won't mod it now but down the road you will. Just get a 05-10 Mustang GT and mod it to your liking. Heck, throw a supercharger on it.

jaybertx · Feb 25, 2011

I totally plan on leasing. Leasing is a fantastic option if you like having a new car every few years and don't need to mod it.

If you drive a car for 10 years than it makes no sense. If you want a 2011 to then get a 2014 and later a 2017 then it CAN make perfect sense but it's all in the lease you get.

Coyote5.0 · Feb 25, 2011

I think you'd be better off to buy rather than lease, particularly on something like a Mustang GT, which holds its value better than the average car. Leasing is always the most expensive way to obtain a car. The leasing company will make sure your payment covers all the depreciation with plenty left over to make a profit. You'll always basically have someone checking over you're shoulder all the time to make sure you're not putting too many miles on it (like a parent or spouse checking the odometer on you every day). If you go over, you'll pay through the nose.

jaybertx · Feb 26, 2011

If you let them have your way with you then you will get screwed whether you're leasing or buying.

If you negotiate a good price, choose a leasing company offering a good residual and obviously don't exceed your mileage then it absolutely is less expensive than buying the car predicated on the fact that your plan is to get rid of it in a few years to drive something else. I would never lease for more than 36 months. If you get a closed-end lease with the option to buy and the value of the car exceeds the residual at the end of the term, you can even sell it and keep the difference. Tons and tons of factors and lots of options. Just educate yourself and don't expect a dealer to do it or you will not get the best deal for you.

TireKicker · Feb 26, 2011

If your leasing a 2012, you won't be in a Sterling Grey. Not available for 2012.

Questions for StangNetters Leasing a 5.0

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