Am I going to have a problem running a 17x7.5 wheel with an offset of 40 with std 205/45/17 tires? Will probally get H&R sport springs from Randy and I do not want the tires to rub.
Is anyone running this combo if so how's the ride with or without lowering springs?

Thanks

 

I think you may have some rubbing issues, that offset and width will push the outside of your wheel 16mm out from your S-lites I don't think Tire Rack would recommend this fitment, as the most "aggressive" fitment is the OZ Superleggera, which is 7" wide ET37, which is a 13mm push out from stock. Your proposed wheel would actually stick out past the fender (aka skateboarded) a few millimeters!

Wheel Offset Calculator

Good luck!,
Ryan