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1. since your car is relatively new, there isn't much wear on ur struts, so you should be fine since you're doing a mild drop.
2. technically, w/ any drop you should get a camber kit. however, ppl have gotten 1" drops and say they don't really need it. camber kits just ensure even wear on your tires. however, 1" drops hardly require this (although you may want to rotate your tires more often for even wear)
3. you will ALWAYS need an alignment after you lower your car.
4. cost for installation will vary greatly. personally i got hook ups so the installation will be free. i just need to pay for the alignment when i have mine done.
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