GM Inside News Forum - View Single Post - Detroit's Losses Mean Higher Car Payments for Leases

Ed753 · 08-04-2008, 09:36 AM

Buickman is right fp, my last 2 trucks had an average MSRP of $36,000 with an average lease payment of $257 a month, buying the same 2 trucks over a 5 year term loan, I would have been looking at an average payment over $500.

Leasing gave me the benefit of changing the oil and rotating the tires, about the time it needed additional repairs/maintenance it was time to go back (tires, brakes, etc.)

Furthermore, I was confident, in my exposure, because I was always under bumber-to-bumber warranty.

I can handle the $4.00 a gallon gas, the rest I can not, my habits will change, result will be seen in 34 months...........

08-04-2008, 09:36 AM	#8 (permalink)
Ed753 3.8 Liter V6 Join Date: May 2005 Posts: 483	Re: Detroit's Losses Mean Higher Car Payments for Leases Buickman is right fp, my last 2 trucks had an average MSRP of $36,000 with an average lease payment of $257 a month, buying the same 2 trucks over a 5 year term loan, I would have been looking at an average payment over $500. Leasing gave me the benefit of changing the oil and rotating the tires, about the time it needed additional repairs/maintenance it was time to go back (tires, brakes, etc.) Furthermore, I was confident, in my exposure, because I was always under bumber-to-bumber warranty. I can handle the $4.00 a gallon gas, the rest I can not, my habits will change, result will be seen in 34 months...........