Honda denies pitchman same deal he pitched

Actor Dennis Singletary starred in a national commercial touting Honda's "Really Big Thing" sales promotion program. In fact, Singletary was so swayed by the offer of cheap financing, he went to a Honda dealer to take advantage of it. But when a dealer denied him participation in the very program he promoted he got… » 5/10/11 2:00pm 5/10/11 2:00pm

Lexus LFA: Lease It Now For Just $12,400 Per Month

Lexus will lease, not sell, the $375,000 LFA supercar. But after seeing details of how the lease works it sounds like a pain in the ass. $12,400 monthly payments? One low $298,000 payment? That's just the start. » 3/18/10 9:30am 3/18/10 9:30am

Lexus LFA, Lease Or Buy: The Full Story

Autoweek is reporting Toyota will lease, not sell the Lexus LFA. Not really. You'll still be able to walk into a dealer with 3,750 unmarked $100 bills and walk out with one of 500 Toyota supercars. » 11/23/09 12:30pm 11/23/09 12:30pm

Spanish Bank Giving Away Free Citroen With New Account

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… » 9/26/08 2:20pm 9/26/08 2:20pm

Toyota To See "Large" Hit From Used Car Values

The Wall Street Journal reports this morning the super number one awesome best automaker from the land of the rising sun said it will set aside major reserves for its first quarter to cover losses from vehicle leases in the U.S. And with that, Toyota now follows Chrysler, GM and Ford into the land of plummeting used… » 8/06/08 9:00am 8/06/08 9:00am

GM Plans Lease Tweaks To Encourage Consumers To Buy What They Can Afford

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,… » 7/31/08 12:30pm 7/31/08 12:30pm

NY Times Reveals Congressmen Have Bad Taste In Cars, No Eye For A Deal

Representative Michael R. McNulty pays $816 for a 2007 Mercury Mariner Hybrid, which he chose for its utility. Representative Redolphus Towns pays $715 a month for his Lincoln MKX, he bought it to save money on fuel. Representative Louise M. Slaughter needed a car that handled safely in the snow, so she picked a Buick… » 5/01/08 10:20am 5/01/08 10:20am

Do You Buy Or Lease?

A good buddy of ours always leases. While I've never seen his bank statement, I know what he does for a living (think Hollywood) and I know he could afford to buy. But he doesn't. His reasoning? He likes cars so much that via leasing, he can get a brand new car every two years. To him, it's like a cell phone plan. In… » 7/27/07 2:30pm 7/27/07 2:30pm

Rent a Bug: Get a Veyron, Some Money Down

There's a lot to figure when you're planning a 60-month lease of an $14,000 car: up-front capitalization, estimated resale value when the lease is up and buy-out price. Now, add two zeros. According to Automobile, that's what's in store if you want to lease the Bugatti Veyron from Putnam Leasing: a $400,000 down… » 9/15/06 4:19pm 9/15/06 4:19pm

Volkswagen Offers New Jetta, Passat Lease Deals

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… » 11/16/05 8:39am 11/16/05 8:39am

Court Dislodges Fat Man from Mercedes Lease

A German court has released a 37-year-old man from his lease contract, after ruling his breakdown-prone Mercedes-Benz S-320 CDI should have been able to support the man's considerable bulk. The man, a hefty, 352-lb. insurance salesman, said, in addition to a broken seat, the car had to be returned to the dealership… » 9/01/05 3:50pm 9/01/05 3:50pm