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Discussion Starter #1
Hi all. I've made the decision and will be leasing an '05 Red Line Ion (a silver nickel one). Hopefully I'll be picking it up tomorrow if everything goes as planned. I'm wondering if there's anything that I should know before signing the papers. I really would have liked to wait for the competition package...but I can't wait that long to get a new car. I'm still excited for what I'll be getting now. If anyone wants to share any feedback with me, I'd appreciate it. Hopefully I'll get to be pretty active on here with discussion and what not. Unfortunately I won't be able to do many mods on it since it's a lease, but I'll work with what I get. Anyway, thanks in advance.

Jimmy
 

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since itll be an 05 redline i doubt ull really have much to worry or concern yourself with. you should be very happy with it....and any problems ull have are some that we've already had, so we can help u with it


i guarantee ull be happy and pleased with it. best of luck and welcome to the boards!!
 

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Well, I'd suggest buying over leasing if at ALL possible (I've heard nothing but horror stories from lessees)....
 

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bbrazil said:
Well, I'd suggest buying over leasing if at ALL possible (I've heard nothing but horror stories from lessees)....

Agreed. Although leasing is a good thing in some cases, with a car like the RL it is not. You're gonna want to do some mods to your car eventually. Trust me. It's a quick car with the potential to pretty damn fast and you're gonna miss out on all the fun of installing add ons and seeing/feeling HP and torque gains.

My wife leased a 2005 Mercedes C230 Kompressor BUT, she works for Mercedes/Benz Credit and got a HELL of a deal. If she would have bought it, eventually, we would have to deal with maintenance costs and that would not be cheap. We weighed it out and the lease, in our case, was definitely the way to go on that car but I wouldn't advise it on the RL.
 

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if you do lease do the smart buy lease or whatever they call it, where you buy it from GM and they buy it back from you when the lease is over
 

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Discussion Starter #6
I'll ask what the price difference is between leasing/financing, and smart buying when I go to the dealership today. They're already prepping my car right now, so it's pretty much a done deal. The problem if I do decide to finance or smart buy, is that if I do decide to do mods onto the car...that would end up voiding the warranties. That's kind of why I'm leaning towards leasing it right now, because that ensures I stay within the warranties, because I do not want to be paying too much out of my pockets if anything major goes wrong. Maybe I'm wrong though, with some of the mods you can do on here, will the bumper to bumper 3/30k still apply to the car?
 

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Discussion Starter #8
It's official...I just got home in my new Red Line! So now I'm part of the club. I ended up leasing it...buying it would have been too much. I don't really plan on doing any major mods to it that I'll have to worry too much returning to normal when I give it back in 3 years, so hopefully I'm all set. I like the power and handling of it as it is. If I decide that I want to make it better, I can just wait and keep the car after the lease and go at it then. I'll have more time because I'll be out of college then. See you all on the street!
 

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jpapa said:
I'll ask what the price difference is between leasing/financing, and smart buying when I go to the dealership today. They're already prepping my car right now, so it's pretty much a done deal. The problem if I do decide to finance or smart buy, is that if I do decide to do mods onto the car...that would end up voiding the warranties. That's kind of why I'm leaning towards leasing it right now, because that ensures I stay within the warranties, because I do not want to be paying too much out of my pockets if anything major goes wrong. Maybe I'm wrong though, with some of the mods you can do on here, will the bumper to bumper 3/30k still apply to the car?

Gmac is giving 60 months at 0% for the redline......Buy it.
 

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Chazb said:
Gmac is giving 60 months at 0% for the redline......Buy it.
ooo wow didnt know that, the dealer I went to said he would "hook me up" with 0% at 60...guess its widespread :D
 

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Beware the hidden charges of leasing...

Leases are designed to be attractive to people who want to drive a new car, but can't afford it.

And when you exceed your miles in the 2nd year of a 3 year lease, it's not fun anymore. In the end, you usually end up putting more money into the car than if you had just bought it outright and have nothing to show for it...
 
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