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Old 07-29-2008, 11:20 PM   #1
Sylvanfan
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Default GMAC to stop offering lease incentive deals in Canada

We're_losing_our_shirts on leases!

We've had this topic discussed a fair bit of late and it looks like GM is going to be the first in Canada to try and push people towards buying their vehicles. Chrysler and Ford have both had some major problems too with people returning leased vehicles that no longer have any value due to the price of fuel these days. The domestic's are the most affected by this as they offered some pretty low lease rates on pick up trucks and SUV's which make up the back bone of their sales for a lot of years and now people are turning them back. I can only imagine that Ford and Chrysler will also follow suit in Canada.
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