GM cutting back on lease vehicles - Saab General Bulletin Board - Saabnet.com
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GM cutting back on lease vehicles
Posted by philB [Email] (more from philB) on Thu, 31 Jul 2008 14:09:59
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Interesting news on lease vehicles. I'n not completely clear on the details...but understand the major auto dealers are going to cut way, way back on leasing. Seems GM receives approximatley %40 of its revenue from its lease programs(?!)....as opposed to purchase. Guess they are loosing serious money on resale. The discussion went on as to how this would impact higher end car sales. Anyway, just wondered how many new Saab buyers lease rather than purchase? Curious how this might impact sales...though I fear it is a negative.
posted by 155.83.198...
Posts in this Thread:
- GM cutting back on lease vehicles, philB, Thu, 31 Jul 2008 14:09:59 <-- Viewing This Message
- GM Canada ends leasing today, SClifford, Fri, 1 Aug 2008 08:04:47
- I saw where Chrysler is no longer going to, Noel, Thu, 31 Jul 2008 14:48:58
- Residuals vs auction..., Mike Lynch , Thu, 31 Jul 2008 14:48:29
- I would buy in a minute...., Ron, Thu, 31 Jul 2008 14:27:45
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