http://cache.jalopnik.com/assets/base/img/thumbs140x140/jalopnik.com.png http://jalopnik.com/tag/leasing http://jalopnik.com/tag/leasing Toyota gambling on future with low lease offers. Always bet on beige? [Freep] More »
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Open a saving account with Spanish bank Banesto and they’ll give you a brand new, all-expenses-paid car. To qualify for a vehicle, a customer needs to lock between $26,400 and $235,000 into an account for at least 24 months, with the type of vehicle offered depending on how much one invests. For $235,000 and 36 months, you receive a Citroen C4 diesel, $175,000 a Citroen C3 and $145,000 a C2. Of course, there’s a catch. More »
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Automotive News reports GM sales chief Mark LaNeve sent a letter to dealers outlining the company's plans to adjust its leasing strategy. GM's letter follows a move last week on leases by Chrysler. While the company won't be going down the same route, having their captive finance entity ditch leasing altogether, they're expected to tweak the terms on certain vehicles to make leases more expensive, in an effort to make buying more attractive. In LaNeve's words, "current financial pressures will continue to affect our perspective on leasing." But how will it affect consumers' perspectives on leasing? More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=399579&view=rss&microfeed=true Pole-sitting Duc-mounted Casey Stoner put the knee pucks to the asphalt and dropped a Laguna Seca lap record in practice. The decimating digits? 1:21:975 [San Jose Mercury-News, Live lap timer at MotoGP.com] More »
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It's that time of year again when the Detroit Free Press publishes the results of their annual Freedom Of Information Act (FOIA) request list of House members paying for leases using their office budgets. More »
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The people at GayCar have something to put you in. It's the UK's first (and most likely the world's first) gay car leasing company. We're not quite sure why the world needs a gay auto leasing company, but there's something in us (besides that four-inch plug) that kinda makes us happy that there is one, even if it strikes us as somewhat of a silly exercise in identity politics. More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=141382&view=rss&microfeed=true Volkswagen hopes that, if it can't sell its Passats and Jettas outright, it'll at least be able to loan them out to people for a couple of years. Following a 21.4 percent year-on-year drop in VW brand sales this past October, the company is offering new, subsidized lease deals with the intent to stimulate a pickup in sales. According to AutoWeek it's a change in attitude from "profits first" to move some freaking product, now. The 39-month deals — through January 3 — are no-money-down offers with monthly payments set at $249 for the Jetta and $299 for the Passat. More »
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Beltway rag, The Hill offers a quick-and-dirty (it is Washington, you know) on the practice of using official funds to lease vehicles for lawmakers' personal use. It seems congresspeople get to lease cars for two years, spending an average of $646.53 per month in taxpayer dollars. And they're not exactly riding in The People's Econoboxes, either. Among the 122 cars leased by 115 lawmakers (seven of them get two?), as writer Jonathan E. Kaplan points out, many are gas guzzlers, including Cadillac Devilles for NY's Charlie Rangel (D) and Michigan's Carolyn Kilpatrick (D). More »
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