[Buickman]

Originally Posted by fp115

LAAM? How so?

in this market, the majority of consumers lease, some dealers retail well in excess of 50% through leasing. these clients will not switch to long term financing. their loyalty to GM is greatly diminshed due to plant closures and wage/benefit reductions. the market will turn to manufacturers with supported, or normally strong, residuals and to pre-owned units. dealers dependent upon new vehicle deliveries had better re-strategize quickly, focusing on used, adding non-domestic franchises, streamlining operations, and building profitable back end business.