Comments on: GM cutting back lease incentives

By: jonmiles

jonmiles — Tue, 19 Aug 2008 19:41:56 +0000

Inline6 – cutting back on incentivized leasing in this market is exactly the same as withdrawling altogether. Most consumers have no idea just how much these banks and manufacturers spend to get monthly payments as low as they do.

By: brassmonkey

brassmonkey — Tue, 19 Aug 2008 19:36:43 +0000

why lease a turd?

By: Fromes

Fromes — Tue, 19 Aug 2008 16:29:36 +0000

its hard to justify buying a car like a pontiac…considering the resale value is absoulty horrid…take a car like a G6…buy one for around 24k drive it for maybe like 3 years put about 40k on the odo and try and trade it in or sell it…turns out that car will prob only be worth about 6 or 7 grand…what a waste

By: inline6

inline6 — Tue, 19 Aug 2008 16:25:27 +0000

LLN, your statement that GM is following Chrysler in pulling out of the leasing market is made wholly false by the next statement that GM ISN’T PULLING OUT OF THE LEASING MARKET. They’re cutting back on INCENTIVIZED LEASING.

By: RaineMan

RaineMan — Tue, 19 Aug 2008 16:16:16 +0000

This lease market failure is going to hurt the domestic manufacturers big time.