Archive for the 'Leasing' Category

Infiniti announced its new “Limited Engagement Summer Event” Monday, offering buyers no interest car loans and special lease deals on all new 2009 Infiniti models (except for the G37 convertible). “Summer is the season made for driving and what better way to make that trip to the beach, mountains or desert than in a brand […]

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FREE NEW CAR PRICE QUOTE
     

Automotive news publication Edmunds.com has recently stated that the best value for money lease is non other than the Mitsubishi Lancer Evolution, or EVO as it’s known to car enthusiasts around the world. Yes, that’s right the EVO. A performance car to the core, the EVO is a rally-bred street rocket. At $389 a month, […]

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Chrysler announced a week ago that its finance arm, Chrysler Financial, would get out of the leasing business as of Friday, August 1.  In one week, Chrysler has seen a flood of buyers trying to lease a vehicle before the company stops offering the option, reports the Wall Street Journal. “It has been a frenzy,” […]

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Ford informed its dealers that it is raising the price on leases of its most profitable trucks and SUVs due to the “extreme losses” its lending arm is taking on these vehicles, reports the Wall Street Journal. Also, GMAC LLC, which is minority-owned by General Motors Corp., has decided to stop leasing to consumers who […]

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Chrysler LLC has started telling dealers it will no longer offer auto leases through its lending arm, Chrysler Financial, reports the Wall Street Journal. Chrysler and other auto companies with financing units are taking on a lot of losses from leases, due to low resale values of trucks and SUVs. This will make it harder […]

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If you are considering leasing, there are several things to keep in mind. The monthly payments on a lease are usually lower than monthly finance payments on the same vehicle because you are paying for the vehicle’s expected depreciation during the lease term, plus a rent charge, taxes, and fees. But at the end of […]

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Lease or Buy

I found some very helpful questions I want to share about making the decision to lease or to buy that I found on auto-loan.interest.com: Question 1. How do you feel about “owning” a car? Some consumers get a great deal of satisfaction from owning something. Paying off the loan and getting the “pink slip” is a […]

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