GM Inside News Forum - View Single Post - GM/Cerberus talks over full ownership of GMAC

CTS-V-TWIN · 10-13-2008, 11:03 AM

I hope Cerberus doesn't kill of GMAC leases like they did at Chrysler.

If GM kills leases off altogether, you will see a sharp decline in GM vehicle sales. They have already limited leases to just Cadillac which is fine, but what about the businesses that lease to write the expenses off? GM stands to lose a lot of business in my opinion.

10-13-2008, 11:03 AM	#6 (permalink)
CTS-V-TWIN 1.8 Liter ECOTEC Join Date: Apr 2007 Location: Los Angeles, CA Drives: 2009 Cadillac CTS-V 2009 Cadillac Escalade Posts: 40	Re: GM/Cerberus talks over full ownership of GMAC I hope Cerberus doesn't kill of GMAC leases like they did at Chrysler. If GM kills leases off altogether, you will see a sharp decline in GM vehicle sales. They have already limited leases to just Cadillac which is fine, but what about the businesses that lease to write the expenses off? GM stands to lose a lot of business in my opinion. __________________ DIEHARD GM FAN SINCE 1994! GOD BLESS AMERICA AND GOD BLESS GM! 2009 CADILLAC CTS-V 2009 CADILLAC ESCALADE 2WD LOYAL LIFETIME GM BRAND OWNER!