Quote:
Originally Posted by doh
If you are buying the car@lease end it does not matter how many miles are on it. It could have a million miles.
One thing GM should look at is doing what Ford's Red Carpet lease does, that is If you purchase extra miles on your lease and donnot use them, they refund the miles you donnot use.
Meaning if you purchase 30k km's/year and only drive 80k km's in 3 years. They refund you 10k km's
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The miles DO matter if you're going to finance. Have you been able to get a deal bought for 20k on a 100k+ mile car? It can happen but you'll pay a ton for financing. Paying cash would negate this situation.
GMAC does refund miles if you bought miles over 15k/yr. They'll refund them to you at the same rate you purchased them within 20-30 days of the vehicle selling at auction less the excess wear and tear you may owe.
04-13-2008, 09:11 AM
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