Lease Rates!?! [Archive] - Pontiac GTO Forums: Pontiac GTO Forum

: Lease Rates!?!


wmills619
04-05-2005, 01:13 PM
Just wanted to check, I noticed the $1,000 cash back incentive on the GTO so I went to the website.

I was looking to lease becasue I would only drive the car very low miles, and the lease rates were higher than the financing rates! :blink:

Is this a mistake?

Red Alert
05-04-2005, 01:21 AM
You mean the payments? Or the interest/financing rates on the money borrowed?

Payments, no way. I leased mine and the payment was over $300 less a month than a purchase same term length.

If you can keep miles off of it, and turn this sucker in after the term leasing may be for you. the only thing that is a disadvantage is you don't actually own the car, just 'borrowing it' for the time you contracted it for. But you can buy it at the end of the lease if you wish, the only advantage to this is, you know how this GTO was treated by the previous owner :lol: My wife holds a buisiness license and the lease is a great tax write off, might as well have fun with the car as well :D