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Re: GMAC mulling pullback from leasing in U.S.-dealer
Quote:
Originally Posted by TheGeneral
Sounds like somebody got burnt by the Truck leases when they expired.
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Yup, over the last 4 or 5 months were one of the rare times that the consumer came out financially ahead. While most people lease... Unless you can write of the lease payments on your taxes you will find you are almost always better off to buy... The rare exception to this is right now... with the bottom dropping out of the truck market... Since the lease effectively "locks in" the residual value of the car/truck... This time if you leased... you won. Of course that means that GM, GMAC, and/or the dealers are feeling the pain.
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How many shares of GM do you own? If you love GM and if you love Rick, BUY SOME!
They're going cheap only $20.00, nope 15.50, nope 14.77, nope 13.77... CRAP $11.50 OMG 10.06
Stop the presses! The turnaround has begun... we are back trading in the 12's
Never mind  back in the 10's, 9's, 8's, 7's, 6's, 5's, 4's, 3's $2's, 1.70 Anyone Surprised?
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