Lease


REPORT: Lexus to lease - not sell - all U.S. LFA supercars in order to foil speculators

In an interesting bid to foil exotic car speculators who drive up the prices of limited-availability models, Lexus will reportedly lease – not sell – its forthcoming LFA supercar when it hits the U.S. market in January of 2011. As Automotive News reports, Lexus will only offer two-year leases of its 552-horsepower supercar at a fixed price (which has not yet been disclosed). At the conclusion of the two year period, leaseholders will get the opportunity to purchase the vehicle outright, at which point the title would be handed ... Read more →

Chrysler to resume leasing vehicles soon? Chris Shunk

In late July 2008, Chrysler announced that it would stop leasing vehicles effective August 1. The news helped exasperate the decline of Chrysler group vehicle sales while giving customers fewer ...

REPORT: GM to resume leasing luxury vehicles on Aug. 1 Jonathon Ramsey

Just in time for the weekend, rumor has it that General Motors and GMAC plan to crank up the leasing machine again on August 1. When GM stopped the practice last year, leases made up 20% of its ...

Smart's $99/month 'Cash for Clunkers' deal has a big, dirty secret Chris Shunk

Cash for Clunkers won't be official for a few weeks, but some automakers are already looking to cash in on the once in a lifetime opportunity to take up to $4,500 off the price of a new car or truck. ...

Toyota tops GMAC as the biggest U.S. auto lender Michael Harley

Toyota Financial Services recently leaped over GMAC Financial services to take the lead as the biggest U.S. auto lender in terms of loan and lease contract volume. The study by AutoCount (a unit of ...

Leases hurting luxury automakers, BMW wants you to buy 1 year ago on Autoblog

The Detroit 3 aren't the only automakers feeling the hurt from lease vehicles coming back worth much less than expected. Leases account for 60% of BMW's sales in the U.S. compared to just 20% of sales in the industry as a whole. As such, BMW will begin offering incentives like never before to ...

Chrysler's financial arm no longer offering leases 1 year ago on Autoblog

Chrysler LLC's financial division will no longer be offering leases to U.S. consumers on Chrysler products as of August 1st. The automaker will be holding a conference call with dealers later today to go over the changes and the reasons behind the decisions, but Chrysler spokesperson, Bill Porter, ...

Hyundai offers scorching deal on Genesis leases 1 year ago on Autoblog

Click on the image above for our high-res Hyundai Genesis gallery To lure buyers towards the all-new 2009 Hyundai Genesis luxury sedan, the Korean automaker is aggressively pricing lease programs. Traditional Hyundai customers choose to lease about 10-12 percent of the time. The Genesis, ...

Driveway rental business growing in North America 1 year ago on Autoblog

By most estimates, there are about 250 million registered passenger cars in the United States (you can drop the number down by a few hundred if you still don't consider the Yugo GV a car). For many motorists, it seems that every single one of those cars is trying to park in their location -- their ...

GM may lease Chevy Volt batteries 2 years ago on Autoblog

In order to sell the Chevy Volt for $30,000 or less, General Motors is considering leasing the lithium-ion batteries to customers who buy the car. As AutoblogGreen points out, renting car parts is an innovative strategy to get the Volt to market in time and at the right price. Having a car payment ...

Odo Uh-Oh: Honda extending warranties on 6 million cars 2 years ago on Autoblog

Honda has decided to settle a class-action lawsuit that alleges its odometers were racking up miles too fast. The automaker says odometers on some 6 million Hondas affected by the suit were accurate to within 3.75% on the high side. The NHTSA doesn't regulate odometer accuracy, and the only industry ...

Toyota puts first incentives on the Prius 2 years ago on Autoblog

Though not many noticed, Toyota employed the use of incentives to increase sales of its Prius hybrid for the first time ever in January. The incentives varied around the country and included low lease payments, cheap financing and cash back to dealers for each unit sold. Automotive News reports ...

Are cars getting more affordable? 3 years ago on Autoblog

Cars are becoming increasingly affordable? It hardly seems possible given today's economy, but statistics show that a new vehicle purchase takes a smaller bite out of your wallet today than it has in years. You can bet that huge incentives and subsidized leases have been a factor in bringing ...

DCX makes quick buck by selling Stuttgart HQ 3 years ago on Autoblog

We had always operated under the assumption that there's no quick way to make a buck in the auto business. Turns out we were wrong, as DaimlerChrysler has just sold its headquarters in Stuttgart for $308.8 million in cash to IXIS Capital Partners Ltd. Don't fret, the building's new owners won't be ...

Lease a Bugatti Veyron for $24K a month 3 years ago on Autoblog

While there probably is one or two of you reading this who do actually own a Bugatti Veyron, the other 99.9999999999 percent of us don't and never will. Lots of new car buyers, however, turn to leasing when they want to drive what they can't afford to own. This month's issue of Automobile mag ...

Top 10 vehicles most researched for leasing 3 years ago on Autoblog

LeaseCompare.com has published its most researched vehicles for leasing for the first half of 2006. Many of the selections, such as the BMW 3-Series and Infiniti G35, are not surprising since those types of customers often enjoy driving the latest models every two to three years. However, we were a ...

Local dealers offer Dodge Ram for free with/Caravan lease 3 years ago on Autoblog

According to Agence France-Presse (AFP), two Chrysler dealerships recently offered a 2006 Dodge Ram Quad Cab 4x4 pickup for free if the customer signed a 27-month lease on a same year Dodge Grand Caravan minivan. “This is something the dealers offered on their own,” said Kevin McCormick, ...

Ford uses March to showcase luxury, value 3 years ago on Autoblog

If you’re in the market for a new vehicle, March may provide an excellent opportunity to buy if a Mercury or Lincoln vehicle is on your shopping list. According to the Detroit Press, FoMoCo will begin a special leasing program this Friday with no money down, no security deposit, and no ...






Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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