Are any of the Domestic car companies leasing?

[burkey]

I don't see it as an option for Chrysler, GM or Ford.

[Karbaum]

Toyota does. :cheesygri

[BradT]

Chrysler does, at least there is a sign at Summit Dodge indicating they do.

[z24driver1986]

I thought they still did lease... but you have to go through a 3rd party creditor. 99% of the time a financial advisor will tell you leasing is a bad idea. You can really get a good deal on a car now and you get to keep it when your done.

[VivienM]

I thought they still did lease... but you have to go through a 3rd party creditor. 99% of the time a financial advisor will tell you leasing is a bad idea. You can really get a good deal on a car now and you get to keep it when your done.

And if you want to trade it in or sell it, you'll get two cents for it, so you'd better WANT to keep it for the long haul...

Anybody who's seen my posts knows that I like leasing. But more importantly, I stand by the comment I made on a previous thread: even if leasing isn't right for you (and leasing isn't right for everybody), would you want to buy a car from an automaker that refuses to put its shareholders' money where their mouth is and offer decent leasing options? It's easy to say "sure, it's reliable, it'll hold its value really well, etc.", but if they're not willing to gamble their shareholders' money on those promises, why should I gamble MY money?

[T-Man]

I don't see it as an option for Chrysler, GM or Ford.

Leasing is not very attractive anymore. Part of the reason why Chrysler is facing as much challenges as it is is because of leasing. For example say your lease is up, and your vehicle buyout is $15,000. Now you have the first pick at buying it. You decide to turn it in. The dealership then has the next pick, they look at it, if we buy it for $15K, after re conditioning/safetied etc can we resell it for 17K to make a profit. So they say no too, and off the vehicle goes back to the manufacturer, and they auctioned if off for say $10K, so now the manufacturer just lost at least 5K. So being that the populatin of the US is so much larger then Canada, they cannot continued to operate at a loss like this so they stop leasing down in the states. But since in Canada our numbers are so much smaller, its still an option.

Retail Consumer: 12.79%
Bodkin Leasing for GST Consumer: 9.9%

So yes, buying is a lot more attractive then leasing.

[chriswalsh]

I don't see it as an option for Chrysler, GM or Ford.

I built an F-150 online at ford.ca and there was a lease option @ 7.99%

[VivienM]

Leasing is not very attractive anymore. Part of the reason why Chrysler is facing as much challenges as it is is because of leasing. For example say your lease is up, and your vehicle buyout is $15,000. Now you have the first pick at buying it. You decide to turn it in. The dealership then has the next pick, they look at it, if we buy it for $15K, after re conditioning/safetied etc can we resell it for 17K to make a profit. So they say no too, and off the vehicle goes back to the manufacturer, and they auctioned if off for say $10K, so now the manufacturer just lost at least 5K.

But the thing is, if you had BOUGHT the car, YOU'd be out the $5K.

I hate to say it, but if Chrysler had built vehicles that were more desirable used, they wouldn't have this problem.

[Engi-Nir]

GMAC is considering bringing back leasing for GM vehicles, should be soon