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    Official: Dodge offering novel 1-year lease on '14 Challenger and Charger models
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    Dodge is just days away from unveiling refreshed versions of the Charger and Challenger at the 2014 New York Auto Show, models promising updated styling and new powertrain options. Depending on how you look at it, the company is either so confident in its forthcoming 2015 models that it's ...

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    Report: Krafcik says US Gov. shutdown is slowing Oct. auto sales
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    The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai's US sales unit, and could lower October sales by as much as 10 percent, Automotive News reports. "It's that anxiety that keeps customers, potential buyers, on the sidelines when making a ...

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    Official: Hyundai deferring car payments for furloughed federal workers
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    Since the US government shut down early this morning, more than 800,000 federal employees could be furloughed without pay until a deal is reached to start the government back up. To help affected employees cope with the temporary layoffs, Hyundai is expanding its Assurance program to defer all of ...

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    Report: GM says boosted resale values could save $200M
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    The average resale value of General Motors vehicles climbed to 44 percent last year, matching that of Chrysler and sitting one percent less than Ford, but still 7.5 percent less than Honda. It's a welcome increase from the post-bankruptcy days of 2009 when 36.5 percent was number upon which lease ...

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    ParkatmyHouse lets you rent your driveway for parking
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    We've never found ourselves with an excess of driveway space, but if that changes any time in the near future, there's a chance the vacant asphalt could make us a buck or two. Parkatmyhouse.com allows users to upload photos of their driveways, garages or yards and then rent the space for parking ...

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    Report: Japan Inc. using deals, incentives to keep hard-fought lease customers from defecting
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    Japanese automakers are turning to new lease programs in an effort to lock down buyers who may stray to other automakers due to a lower-than-average supply of popular models. Toyota, Honda and Nissan are still in the process of restoring production to pre-earthquake levels, and as a result, ...

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    BMW ActiveE leasing priced at $499 a month, $2,250 down payment
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    BMW has released official pricing for its latest foray into the world of electric vehicles, and compared to the rest of your EV options, the Active E is a screaming deal. Lease pricing for the 1 Series-based Active E is set at $499 a month for 24 months, with a downpayment of $2,250 due at ...

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    Residual Value Report: Ford cars make big jump
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    The Automotive Lease Guide has just released its annual report of residual values. Thanks to slimmed production and lower incentives, both Ford and Chevrolet saw jumps of 11 and 7.5 percentage points, respectively, compared to five years ago, and a number of other manufacturers saw the worth of ...

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    Japanese Price Wars: Honda counters Toyota with largest lease deals ever
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    Toyota commands about a 15.5-percent share of the U.S. market so far this year. That's the same share it had a year ago, before its recall marathon began. Analysts studying the market have suggested that Japanes automaker's brand perception hasn't taken that big of a hit with the wider public, ...

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    Report: Smart looking to stem the gloom with first U.S. lease program
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    2009 Smart Fortwo – Click above for high-res image gallery
    Intent on putting 2009 – and its devastating 41-percent sales plunge – into distant memory, Smart USA is rolling out its first lease incentive program designed to kick-start sales (along those lines, former Saturn ...

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    REPORT: Lexus to lease - not sell - all U.S. LFA supercars in order to foil speculators
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    2011 Lexus LFA – Click above for high-res image gallery
    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 ...

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    Chrysler to resume leasing vehicles soon?
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    2009 Dodge Ram - Click above for high-res image gallery
    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 options for getting into a new vehicle. After ...

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    REPORT: GM to resume leasing luxury vehicles on Aug. 1
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    Cadillac CTS - Click above for a high-res image gallery
    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 business, but was costing the General money ...

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    Smart's $99/month 'Cash for Clunkers' deal has a big, dirty secret
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    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. Smart is offering its quirky little Fortwo runabout for just $99 per month with the trade-in of a ...

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    Toyota tops GMAC as the biggest U.S. auto lender
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    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 the Experian Automotive company) estimates that Toyota captured 6.35% of the market from January ...

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    Leases hurting luxury automakers, BMW wants you to buy
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    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 ...

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    Chrysler's financial arm no longer offering leases
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    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, ...

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    Hyundai offers scorching deal on Genesis leases
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    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, ...

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    Driveway rental business growing in North America
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    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 ...

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    GM may lease Chevy Volt batteries
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    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 ...

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