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Auto Leasing Returns as Production Cuts Boost Used-Car Prices


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Nov. 13 (Bloomberg) -- Auto leasing, once a cheap way to drive an expensive car, is making a comeback.

General Motors Co. and Chrysler Group LLC resumed offering leases to buyers in August and September through their shared financing arm, GMAC Financial Services, after halting the practice as car demand fell in 2008. Ford Motor Co. plans more leasing promotions this year, while Toyota Motor Corp. makes it part of a $1 billion fourth-quarter marketing push.

http://www.bloomberg.com/apps/news?pid=206...id=aROrgA906sj0

Bruce

2016 Cadillac ATS-V gray/black

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