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Short is good!... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Sat, 17 May 2008 16:12:54 In Reply to: saab leases, sallye, Fri, 16 May 2008 08:10:03 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Usually as the term gets lower the payment goes up, but GM has optimized the residuals rates and incentives such that a short 27 month term is probably a good $30-50 a month less than shorter or longer terms like 24 mos or 36 mos.
A short term lease is a good thing for a customer. Normally the sooner you trade a car in or turn it over for a new one the more expensive it is, but when a 27 mos lease is cheaper than a 30-36-42 month lease, thatsa' good thing. You get another new one before anything wears out. And that's kinda' what leasing is all about, getting a new car every couple of years for less over all dollars than someone who buys for 5 years and keeps it longer than 27 months. Less money and a new car more often, short is good.
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