Comments on: Chrysler Financial to exit leasing business http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html Car news, reviews, and specs for the auto-industry Mon, 09 Nov 2009 05:53:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: cocksterS http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399870 cocksterS Mon, 28 Jul 2008 18:28:34 +0000 http://www.leftlanenews.com/?p=8230#comment-399870 ihustle, for the most part, I agree with everything that you said. As stingbutt mentioned though, you've got to stick with lease for the full term, because you'll get rocked if you decide to terminate early. The other problem with leases are that while they may give you "options" at lease-end, they're strucutred very strictly, so that they give you fewer options for the duration of ownership/possession. Case in point: if you're a medium to long distance commuter, you'll find it difficult to stay within the 10k or so miles that's assumed in the lease terms. With most dealers, increasing the mileage allowance has significant effects on a once attractive monthly lease rate. Bottom line is, if you plan on driving more than 12-15k miles per year, and in some cases, even more than 10, leasing is usually not your friend. As for gfv and depreciation, as i said, depreciation is still built into a lease term. GFV is nice to give you a feeling of extra security, but it's implicit in the sale of a vehicle, in the sense that most buyers who have done their homework can project a minimum resale value at the end of their desired ownership term. I'm just playing a bit of 'devil's advocate.' As I mentioned in my first post, I think leases are the better bet in this day and age. However, depending on your needs, it's not always the most advantageous. (Just so you know, I lease my car). ihustle, for the most part, I agree with everything that you said. As stingbutt mentioned though, you’ve got to stick with lease for the full term, because you’ll get rocked if you decide to terminate early. The other problem with leases are that while they may give you “options” at lease-end, they’re strucutred very strictly, so that they give you fewer options for the duration of ownership/possession. Case in point: if you’re a medium to long distance commuter, you’ll find it difficult to stay within the 10k or so miles that’s assumed in the lease terms. With most dealers, increasing the mileage allowance has significant effects on a once attractive monthly lease rate. Bottom line is, if you plan on driving more than 12-15k miles per year, and in some cases, even more than 10, leasing is usually not your friend. As for gfv and depreciation, as i said, depreciation is still built into a lease term. GFV is nice to give you a feeling of extra security, but it’s implicit in the sale of a vehicle, in the sense that most buyers who have done their homework can project a minimum resale value at the end of their desired ownership term. I’m just playing a bit of ‘devil’s advocate.’ As I mentioned in my first post, I think leases are the better bet in this day and age. However, depending on your needs, it’s not always the most advantageous. (Just so you know, I lease my car).

]]> By: stingbutt1 http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399740 stingbutt1 Mon, 28 Jul 2008 15:06:36 +0000 http://www.leftlanenews.com/?p=8230#comment-399740 Well put ihustle. More and more people are fin. for 72 months but they want to get out of there car every 2-3 years. If you lease(as long as you go the full term) you don't have to worry about being flipped. The market sucks for suvs in general so I would expect the other 2 detroit groups may follow suit. It's realy unfortunate more than anything. Even bank of america is getting out of the used car leasing program even though used car leases were never that strong anyways. Well put ihustle. More and more people are fin. for 72 months but they want to get out of there car every 2-3 years. If you lease(as long as you go the full term) you don’t have to worry about being flipped. The market sucks for suvs in general so I would expect the other 2 detroit groups may follow suit. It’s realy unfortunate more than anything. Even bank of america is getting out of the used car leasing program even though used car leases were never that strong anyways.

]]> By: ihustle http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399698 ihustle Mon, 28 Jul 2008 12:34:35 +0000 http://www.leftlanenews.com/?p=8230#comment-399698 *Cockster* It does not pay to finanace a new vehicle any longer. As soon as you roll of the lot, you just took a loss of almost 10 grand, because now the vehicle is used. Thats with any brand. With a lease there is a thing called GFV(Guaranteed future value) No matter where the market is, or how high gas is they will guarantee that your vehicle will be worth XYZ. Theres options sell for a profit, give it back, or keep it. If you keep it alot of times your buy-out is just about the same, as if you bought it from the beginning. The only reason you take an influctuation is because you have to finance the XYZ for three years instead of 5. So people keep re-leasing. It is in the benefit of the dealer to lease, but also the customer. Its a win-win situation. The difference is "options" *****ster* It does not pay to finanace a new vehicle any longer. As soon as you roll of the lot, you just took a loss of almost 10 grand, because now the vehicle is used. Thats with any brand.
With a lease there is a thing called GFV(Guaranteed future value) No matter where the market is, or how high gas is they will guarantee that your vehicle will be worth XYZ. Theres options sell for a profit, give it back, or keep it. If you keep it alot of times your buy-out is just about the same, as if you bought it from the beginning. The only reason you take an influctuation is because you have to finance the XYZ for three years instead of 5. So people keep re-leasing. It is in the benefit of the dealer to lease, but also the customer. Its a win-win situation. The difference is “options”

]]> By: Impulsive http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399691 Impulsive Mon, 28 Jul 2008 04:33:12 +0000 http://www.leftlanenews.com/?p=8230#comment-399691 'crackwhore' not only throws his own poo but he eats it religiously. I have to hand it to the chimp, he's a good copycat ... for a chimp. ‘crackwhore’ not only throws his own poo but he eats it religiously. I have to hand it to the chimp, he’s a good copycat … for a chimp.

]]> By: The Stig http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399689 The Stig Mon, 28 Jul 2008 04:09:38 +0000 http://www.leftlanenews.com/?p=8230#comment-399689 Unfortunately, this will not be the only business sector Chrysler will be exiting. Not that it matters much - they can't deliver a decent product anyway. Unfortunately, this will not be the only business sector Chrysler will be exiting. Not that it matters much – they can’t deliver a decent product anyway.

]]> By: cocksterS http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399679 cocksterS Sun, 27 Jul 2008 17:49:10 +0000 http://www.leftlanenews.com/?p=8230#comment-399679 I've always been very interested in the relative advantages to leasing vs. ownership. This is what I understand so far: . I agree for the most part with xyunya, that the most significant benefits of leasing go to business interests (not just large corporations, but small businesses as well). Essentially, leasing allows them to deduct payments from their taxes. Technically, there are deductions available through ownership by way of "depreciation" of assets, but the rules are often not as consistent or favorable. . With the average Joe, leasing still has its advantages. Of course, a lot of this depends on prevailing interest/financing rates (ownership) vs. leasing incentives offered by the manufacturers (and 3rd party companies). I've done a few comparisons, and in the end, it's all pretty much a wash, so neither is definitively cheaper. Don't kid yourselves, even though it seems like you don't pay for "depreciation" on a lease, the dealers aren't that stupid. It is factored into your payments. . Finances aside, the turnover rate for new cars these days is becoming shorter and shorter, especially since newer cars are becoming more expensive to repair, and people try to get out before warranties expire. If overall cost is about equivalent, leasing gives you an opportunity to "swap" your car for a new one, without having to go through the hassle of selling it or trading it in, and thus suffering the loss that results from paying the middle man. Please reply if you've had different experiences. I'd like to hear more input. I’ve always been very interested in the relative advantages to leasing vs. ownership. This is what I understand so far:
.
I agree for the most part with xyunya, that the most significant benefits of leasing go to business interests (not just large corporations, but small businesses as well). Essentially, leasing allows them to deduct payments from their taxes. Technically, there are deductions available through ownership by way of “depreciation” of assets, but the rules are often not as consistent or favorable.
.
With the average Joe, leasing still has its advantages. Of course, a lot of this depends on prevailing interest/financing rates (ownership) vs. leasing incentives offered by the manufacturers (and 3rd party companies). I’ve done a few comparisons, and in the end, it’s all pretty much a wash, so neither is definitively cheaper. Don’t kid yourselves, even though it seems like you don’t pay for “depreciation” on a lease, the dealers aren’t that stupid. It is factored into your payments.
.
Finances aside, the turnover rate for new cars these days is becoming shorter and shorter, especially since newer cars are becoming more expensive to repair, and people try to get out before warranties expire. If overall cost is about equivalent, leasing gives you an opportunity to “swap” your car for a new one, without having to go through the hassle of selling it or trading it in, and thus suffering the loss that results from paying the middle man. Please reply if you’ve had different experiences. I’d like to hear more input.

]]> By: DeansterTJ http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399662 DeansterTJ Sun, 27 Jul 2008 14:49:42 +0000 http://www.leftlanenews.com/?p=8230#comment-399662 So I have this fucking Wrangler for another 2.5 years on lease. Does anyone know if this affects me in any way? Any chance they'll fold and ask for the car back? I'm sick of it already So I have this ****ing Wrangler for another 2.5 years on lease. Does anyone know if this affects me in any way? Any chance they’ll fold and ask for the car back? I’m sick of it already

]]> By: DeansterTJ http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399661 DeansterTJ Sun, 27 Jul 2008 14:48:28 +0000 http://www.leftlanenews.com/?p=8230#comment-399661 Ktulu, apes are not monkeys? Really? LOL! Ktulu, apes are not monkeys? Really? LOL!

]]> By: lou3000 http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399645 lou3000 Sat, 26 Jul 2008 22:13:36 +0000 http://www.leftlanenews.com/?p=8230#comment-399645 Wait, let me get this right. Chrysler cars are worthless as soon as you drive them off the lot so they will have to stop leasing. Instead they want you to BUY the car. Yeah, that should work brilliantly. Wait, let me get this right. Chrysler cars are worthless as soon as you drive them off the lot so they will have to stop leasing. Instead they want you to BUY the car.

Yeah, that should work brilliantly.

]]> By: Need4SSpeed http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399641 Need4SSpeed Sat, 26 Jul 2008 18:47:55 +0000 http://www.leftlanenews.com/?p=8230#comment-399641 no, nevermind, ok Banks will be handling the leasing financing for the Chrysler... no, nevermind, ok Banks will be handling the leasing financing for the Chrysler…

]]> By: Need4SSpeed http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399640 Need4SSpeed Sat, 26 Jul 2008 18:45:07 +0000 http://www.leftlanenews.com/?p=8230#comment-399640 Wow, so now you can't lease any Chrysler product at all???? The end of Chrysler is near.... Wow, so now you can’t lease any Chrysler product at all???? The end of Chrysler is near….

]]> By: zoomzoomer http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399637 zoomzoomer Sat, 26 Jul 2008 17:27:49 +0000 http://www.leftlanenews.com/?p=8230#comment-399637 ROFL @ ktulu! ROFL @ ktulu!

]]> By: ktulu http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399631 ktulu Sat, 26 Jul 2008 16:17:58 +0000 http://www.leftlanenews.com/?p=8230#comment-399631 Chrysler is waning. who would own 8 Chrysler dealerships? the sebring ir tru crap if Chrysler does a "gotcha" on leasing and brings it back da next day,they will lose even more cred. This will make it tiuffer for people 2 get credit. a chimp is not a monkey Leasing makes ¢ in some sututations Obama is smart & will win. Not interested in watrching another nan lick your balls and finger jhis own ass. T Apes R not monkeys, the original Planet of the apes was not bad,biut I prefer Flashdance. Chrysler is waning.

who would own 8 Chrysler dealerships?

the sebring ir tru crap

if Chrysler does a “gotcha” on leasing and brings it back da next day,they will lose even more cred.

This will make it tiuffer for people 2 get credit.

a chimp is not a monkey

Leasing makes ¢ in some sututations

Obama is smart & will win.

Not interested in watrching another nan lick your balls and finger jhis own ass. T

Apes R not monkeys, the original Planet of the apes was not bad,biut I prefer Flashdance.

]]> By: ihustle http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399629 ihustle Sat, 26 Jul 2008 15:06:20 +0000 http://www.leftlanenews.com/?p=8230#comment-399629 Chrysler lease percentage as a whole was under 20% for 2007. There future value is horrible. When they were leasing, it would actually cost them money. There at an industry low for leasing anyway. I know at my dealership,as a salesman, im @ a 92 percent lease penetration. It does not pay to buy vehicles anymore. A car or truck is the most devaluating big purchase that you can make. As soon as you leave the lot your vehicle is worth anywhere between 5-10,000 dollars less. At least with a lease you have a guaranteed future value. You also have options, you can trade, sell it, or keep it. With no penalty. You actually have options. On a purchase your stuck. They say 80% of america trades out of there vehicle before there finance term is up anyway, generally in neggative equity. You either buy certified used, or lease.*Fact of the day* Chrysler lease percentage as a whole was under 20% for 2007. There future value is horrible. When they were leasing, it would actually cost them money. There at an industry low for leasing anyway. I know at my dealership,as a salesman, im @ a 92 percent lease penetration. It does not pay to buy vehicles anymore. A car or truck is the most devaluating big purchase that you can make. As soon as you leave the lot your vehicle is worth anywhere between 5-10,000 dollars less. At least with a lease you have a guaranteed future value. You also have options, you can trade, sell it, or keep it. With no penalty. You actually have options. On a purchase your stuck. They say 80% of america trades out of there vehicle before there finance term is up anyway, generally in neggative equity. You either buy certified used, or lease.*Fact of the day*

]]> By: monte http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399628 monte Sat, 26 Jul 2008 14:37:04 +0000 http://www.leftlanenews.com/?p=8230#comment-399628 Does crakerhemi throw his own poo? Does crakerhemi throw his own poo?

]]> By: DeansterTJ http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399625 DeansterTJ Sat, 26 Jul 2008 13:06:59 +0000 http://www.leftlanenews.com/?p=8230#comment-399625 Johnnycanuck, the original Planet of the Apes was epic. We used to rent them all (I think there were 4 sequels?) and sit around getting wasted, making fun of Dr. Zaius and Cornelius. Those were some good times! Speaking of Omega Man, did you see I Am Legend? Johnnycanuck, the original Planet of the Apes was epic. We used to rent them all (I think there were 4 sequels?) and sit around getting wasted, making fun of Dr. Zaius and Cornelius. Those were some good times!

Speaking of Omega Man, did you see I Am Legend?

]]> By: Xile http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399608 Xile Sat, 26 Jul 2008 03:16:15 +0000 http://www.leftlanenews.com/?p=8230#comment-399608 Did everyone see that video clip of the monkey grabbing the tranquilizer gun from the zoo keeper? http://www.youtube.com/watch?v=6nA3bmU7-5c Did everyone see that video clip of the monkey grabbing the tranquilizer gun from the zoo keeper?
http://www.youtube.com/watch?v=6nA3bmU7-5c

]]> By: johnnycanuck http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399603 johnnycanuck Sat, 26 Jul 2008 01:17:56 +0000 http://www.leftlanenews.com/?p=8230#comment-399603 I don't have enough business knowledge to judge this move by Chrysler but, speaking of monkeys, the original Planet of the Apes will always have a place amongst my favorite all time movies. Say what you want about the late Chuck Heston, but he was awesome in that type of role. Remember The Omega Man? The scene at the beginning where he drives that Mustang through the dealership window and cruises the empty streets of LA is just too cool. Come to think of it, it probably won't be long before you can do the same thing at your local Chrysler dealer. Maybe, thanks to Hollywood, I do understand a little about business. Thanks, Chuck. I don’t have enough business knowledge to judge this move by Chrysler but, speaking of monkeys, the original Planet of the Apes will always have a place amongst my favorite all time movies. Say what you want about the late Chuck Heston, but he was awesome in that type of role. Remember The Omega Man? The scene at the beginning where he drives that Mustang through the dealership window and cruises the empty streets of LA is just too cool.

Come to think of it, it probably won’t be long before you can do the same thing at your local Chrysler dealer. Maybe, thanks to Hollywood, I do understand a little about business. Thanks, Chuck.

]]> By: crackerhemi http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399600 crackerhemi Sat, 26 Jul 2008 01:06:56 +0000 http://www.leftlanenews.com/?p=8230#comment-399600 Man, everyone is loving your monkey orgies, faggot impulsive. Wow, seems everyone enjoys the company of our resident faggot: Implusive. You are the spectacle of our time. Now lick your balls and finger your ass. The crowd loves a good show. Man, everyone is loving your monkey orgies, faggot impulsive.

Wow, seems everyone enjoys the company of our resident faggot: Implusive. You are the spectacle of our time. Now lick your balls and finger your ass. The crowd loves a good show.

]]> By: Impulsive http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399598 Impulsive Sat, 26 Jul 2008 00:49:58 +0000 http://www.leftlanenews.com/?p=8230#comment-399598 Wow, seems everyone enjoys the company of our resident chimp, 'crackwhore'. You are the spectacle of our time. Now lick your balls and finger your ass. The crowd loves a good show. Wow, seems everyone enjoys the company of our resident chimp, ‘crackwhore’. You are the spectacle of our time. Now lick your balls and finger your ass. The crowd loves a good show.

]]> By: DrFill http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399583 DrFill Fri, 25 Jul 2008 23:48:41 +0000 http://www.leftlanenews.com/?p=8230#comment-399583 Monkeys don't like you. That's why when they crap they don't even bother to clean you. Drill Monkeys don’t like you.
That’s why when they crap they don’t even bother to clean you.
Drill

]]> By: brassmonkey http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399580 brassmonkey Fri, 25 Jul 2008 23:44:07 +0000 http://www.leftlanenews.com/?p=8230#comment-399580 I like monkeys, too. Obama looks like one. I like monkeys, too. Obama looks like one.

]]> By: DialM4Speed http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399576 DialM4Speed Fri, 25 Jul 2008 23:32:12 +0000 http://www.leftlanenews.com/?p=8230#comment-399576 This is a great thing! Leasing is the stupidest idea in like ever!!! Why the hell would anyone want to spend years paying for something then turn it in to the dealer and hoof it outta there? This is a great thing! Leasing is the stupidest idea in like ever!!! Why the hell would anyone want to spend years paying for something then turn it in to the dealer and hoof it outta there?

]]> By: TOZO http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399573 TOZO Fri, 25 Jul 2008 23:22:25 +0000 http://www.leftlanenews.com/?p=8230#comment-399573 So who owns monkeys? monkeys are all right. Anyway xyunya, you may be right about the legal matters. It's not good to trick the consumer. So I guess if Chrysler waits a few days, and then claims it "changed its mind" about its new no more lease policy, it could still get away with it. At least there are no unsuspecting shareholders to hurt. (If Chrysler was public, the stock would be worth nothing anyway.) So my undercover theory may just piss off 20% owner Daimler for a few days, unless its "in" on the secret. So who owns monkeys? monkeys are all right. Anyway
xyunya, you may be right about the legal matters. It’s not good to trick the consumer. So I guess if Chrysler waits a few days, and then claims it “changed its mind” about its new no more lease policy, it could still get away with it. At least there are no unsuspecting shareholders to hurt. (If Chrysler was public, the stock would be worth nothing anyway.) So my undercover theory may just piss off 20% owner Daimler for a few days, unless its “in” on the secret.

]]> By: beatusmongous http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399570 beatusmongous Fri, 25 Jul 2008 22:54:34 +0000 http://www.leftlanenews.com/?p=8230#comment-399570 What's wrong with owning a monkey? They're funny little creatures that know how to steal beer, pull hair, and yank the front of a hottie's shirt down. I see so many benefits in monkey ownership that I think Chrysler should buy some. Their investment into monkeys might actually prove to be fruitful for them. What’s wrong with owning a monkey? They’re funny little creatures that know how to steal beer, pull hair, and yank the front of a hottie’s shirt down. I see so many benefits in monkey ownership that I think Chrysler should buy some. Their investment into monkeys might actually prove to be fruitful for them.

]]> By: Impulsive http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399550 Impulsive Fri, 25 Jul 2008 21:43:46 +0000 http://www.leftlanenews.com/?p=8230#comment-399550 Copying and pasting the same reply in every thread is pathetic ... but what else to expect from a worthless monkey rattling his cage at the zoo? Good show, chimp. Copying and pasting the same reply in every thread is pathetic … but what else to expect from a worthless monkey rattling his cage at the zoo? Good show, chimp.

]]> By: crackerhemi http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399541 crackerhemi Fri, 25 Jul 2008 21:38:08 +0000 http://www.leftlanenews.com/?p=8230#comment-399541 You are hilarious. You own monkeys, huh? Dumbass zoo keeper. Go get a real job, so you can afford a BMW, faggot ass monkey keeper. Why do you keep so many monkeys for? Is it because you can't get laid, and you have to abuse the monkeys? You are hilarious. You own monkeys, huh? Dumbass zoo keeper. Go get a real job, so you can afford a BMW, faggot ass monkey keeper. Why do you keep so many monkeys for? Is it because you can’t get laid, and you have to abuse the monkeys?

]]> By: Impulsive http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399536 Impulsive Fri, 25 Jul 2008 21:31:46 +0000 http://www.leftlanenews.com/?p=8230#comment-399536 It's not hard to understand why Chrysler is failing with this TURD ... there are only so many worthless write-offs like "crackerhemi' willing to buy such worthless garbage. Unfortunately for the company, those same write-offs they so dearly depend on don't have the means to pay the lease costs and have to resort to driving used Aveos. Poor Chrysler ... if only they appealed to REAL people of worth. It’s not hard to understand why Chrysler is failing with this TURD … there are only so many worthless write-offs like “crackerhemi’ willing to buy such worthless garbage. Unfortunately for the company, those same write-offs they so dearly depend on don’t have the means to pay the lease costs and have to resort to driving used Aveos.

Poor Chrysler … if only they appealed to REAL people of worth.

]]> By: RaineMan http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399523 RaineMan Fri, 25 Jul 2008 21:02:37 +0000 http://www.leftlanenews.com/?p=8230#comment-399523 As I said earlier... these are Chrysler's death groans... it won't be long. As I said earlier… these are Chrysler’s death groans… it won’t be long.

]]> By: xyunya http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399505 xyunya Fri, 25 Jul 2008 20:28:31 +0000 http://www.leftlanenews.com/?p=8230#comment-399505 TOZO, I don't think it's legal, never mind clever. Leasing is a risky business, and if Chrysler in auto business they don't need to be in finance business. Banks and leasing companies will fill the void. Another part of equation, that there is not enough leasing going on at Chrysler. Leasing is professional financial vehicle, not benefiting blue collar all that much, except professional leasing. But banks will fill that void for their professional customers. TOZO, I don’t think it’s legal, never mind clever. Leasing is a risky business, and if Chrysler in auto business they don’t need to be in finance business. Banks and leasing companies will fill the void. Another part of equation, that there is not enough leasing going on at Chrysler. Leasing is professional financial vehicle, not benefiting blue collar all that much, except professional leasing. But banks will fill that void for their professional customers.

]]> By: Nightblack_97 http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399504 Nightblack_97 Fri, 25 Jul 2008 20:28:17 +0000 http://www.leftlanenews.com/?p=8230#comment-399504 Wow... Chryslers depreciate so much in the first two and three years that leasing is no longer a money maker for them. that's sad Wow… Chryslers depreciate so much in the first two and three years that leasing is no longer a money maker for them. that’s sad

]]> By: crackerhemi http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399503 crackerhemi Fri, 25 Jul 2008 20:27:29 +0000 http://www.leftlanenews.com/?p=8230#comment-399503 how will implusive afford to lease his new sebring now??? how will implusive afford to lease his new sebring now???

]]> By: TOZO http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399497 TOZO Fri, 25 Jul 2008 20:18:17 +0000 http://www.leftlanenews.com/?p=8230#comment-399497 What a mesed up move. This could be just some scheme by Chrysler to make buyers rush in by the end of this month (I think that's when leasing ends) to lease all they can, and get more vehicles sold. Then Chrysler can bring leasing back leasing the following day. That would be the clever move, but I don't think Chrysler is that clever. What a mesed up move. This could be just some scheme by Chrysler to make buyers rush in by the end of this month (I think that’s when leasing ends) to lease all they can, and get more vehicles sold. Then Chrysler can bring leasing back leasing the following day. That would be the clever move, but I don’t think Chrysler is that clever.

]]> By: A4 http://www.leftlanenews.com/chrysler-financial-to-exit-leasing-business.html/comment-page-1#comment-399496 A4 Fri, 25 Jul 2008 20:16:21 +0000 http://www.leftlanenews.com/?p=8230#comment-399496 maybe they shouldnt sell crap like the sebring maybe they shouldnt sell crap like the sebring

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