Thread: Scary numbers
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Old 11-21-08, 01:59 PM
Maeztro Maeztro is offline
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Re: Scary numbers

You got me wondering. My lease is up in a little less than 3yrs. If GMAC has indeed been taking a bath because the actual vehicle value is less than the agreed upon residual, I wonder if they are going to be doing some bargaining in the next few years as the last of the previous generation of leases come to an end. For instance they may be willing to sell the car for a lower amount to me instead of taking it back themselves and needing to hit a certain # to break even. I could be way off and who knows what the financial landscape will be like in 3 yrs...but its a thought.