GM Canada gone from leasing business
This leasing downturn is expected to hit hard in Canada, where leases make up a larger percentage of new car sales than in the States. To counter the issue, long-term financing deals with zero-percent interest are being established both by the automakers and by certain third-party lending institutions in an effort to continue offering the low payment solutions that the buying public has grown accustomed to. Thanks for the tip, Lance!
[Sources: Report on Business, Bloomberg]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models