You are here: Forums Sedans Pontiac G8 Pontiac G8 Lease Questions

Pontiac G8 Lease Questions

16 messages,  Last post on Jul 29, 2009 at 3:11 AM

You are in the Pontiac G8 Forum. Your Hosts are pat & karens

What is this discussion about? Pontiac G8, Car Buying, Car Leasing, Sedan

Messages Page 3 of 3 1 2 3 Prev Next Last

Go To Msg # Search This Discussion

#13 of 16 Re: Lease Question [robertkaleal1] by bvdj84 Jul 27, 2009 (4:11 am)
Replying to: robertkaleal1 (Jul 26, 2009 8:28 am) Apparently, my dealer has stated that GM is still leasing, however there is a catch.   The interest on the leasing program is very high. They actually stated it could be as much or more than just getting a loan out on the car. That would be a bad idea for a car that you do not own. Sure, you can turn it back in, but you will be paying more on the car and have nothing to show for it. At least with a loan, you'll be paying towards the principal. A lot of wasted money to go right to interest alone.   Now this was back in May, I am not sure what has changed since then, probably not much.
#14 of 16 Re: Lease Question [robertkaleal1] by whoosierdaddy Jul 27, 2009 (3:40 pm)
Replying to: robertkaleal1 (Jul 26, 2009 8:28 am) The only leases that make sense are the "factory-subvented" ones, and there are none of those on Pontiacs right now. Don't hold your breath waiting.
#15 of 16 Back from Dealer by robertkaleal1 Jul 27, 2009 (5:30 pm)
Alright, returned from dealer and they said the same thing bvdj84 said: 16-18% lease rates currently. So that option was out. Selling price was still $23,251, but financially it still isn't a smart buy. A value three to five years into the future wasn't looking so great before pontiac's planned shut-down, but with the shut down, I'm estimating it will only be lower. I really liked the car, I just cannot justify the financials on it.   If you're willing to buy and take it on the back end on this vehicle, they have some amazing deals right now. I just cannot justify the extra few thousand this would end up costing over some of my other options. Replies to this message: bvdj84 (Jul 29, 2009 3:11 am)
#16 of 16 Re: Back from Dealer [robertkaleal1] by bvdj84 Jul 29, 2009 (3:11 am)
Replying to: robertkaleal1 (Jul 27, 2009 5:30 pm) Perhaps you could find another car with just as much fun! Look into a VW with a quick engine, or a new mazda. Their values would hold stronger too.   If you can pull the trigger on a G8 with a very good sale price, then do it. If not, walk away and look for another car.

Messages Page 3 of 3 1 2 3 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Sedans Pontiac G8 Pontiac G8 Lease Questions