leases


Leases hurting luxury automakers, BMW wants you to buy

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 encourage customers to buy a vehicle instead and reduce the number of leases it has on the books. In some cases the German brand is offering loans with finance rates as low as 0.9% over five years, and of course these incentives will be aided by a ... Read more →

Chrysler's financial arm no longer offering leases Damon Lavrinc

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 ...

Toyota's 2006/2007 Tundra tightrope Joel Arellano

Toyota unveiled the 2007 Tundra pickup at the Chicago Auto Show earlier this year. The automaker, however, doesn't want potential customers to wait for the new vehicle, which won't arrive at ...

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, ...

Toyota's 2006/2007 Tundra tightrope 3 years ago on Autoblog

Toyota unveiled the 2007 Tundra pickup at the Chicago Auto Show earlier this year. The automaker, however, doesn't want potential customers to wait for the new vehicle, which won't arrive at dealerships until early next year. So the company is spending millions on incentives, low interest rates, ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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