An auto lease trade-in website is offering assistance to the trustee liquidating Bernard Madoff's assets to escape the lease contracts of six vehicles Madoff's firm had rented. How selflessly magnanimous of them. Right.
Afraid that Chrysler Financial's recent decision to suspend leasing would result in an influx of profit-draining lease contracts, the Detroit News reports Chase Financial will no longer offer leases on Chrysler products. "Leasing is a small part of our portfolio and we intend to keep it that way," said Chase…
Yeah, we just heard Chrysler Financial will no longer be offering auto leases. We're just as stunned as everyone else. Hit the jump for the full report and our analysis including what this means for Cerberus-owned GMAC.