Tag: lease

By on January 22, 2014

2014-Cadillac-ELR. Photo courtesy AutoGuide.com

If you thought the $75,000 price of admission for ownership of the 2014 Cadillac ELR was too high, the luxury automaker may have another option for your consideration: A lease contract of $699/month with a few stipulations.

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By on December 4, 2013

Puzzled male shrugging wearing lab coat

Cass writes:

Dear Sanjeev: (facepalm – SM)

As a matter of coincidence most of the vehicles I’ve owned have been covered in previous Piston Slap articles and I’ve noticed a recurring theme: at one point, a point likely occurring far prematurely than hoped, I’m going to have an issue which according to your previous advice will require either a new engine or a whole new car.  (Read More…)

By on May 27, 2013

2013-03-05_Geneva_Motor_Show_7986_zoom_in

Like the GM EV1, Volkswagen is planning a lease program from their XL1. While VW hasn’t announced pricing, the idea behind leasing is for VW to maintain a measure of control over the cars, specifically to ensure they’re located close to proper servicing centers and to avoid a secondary market for the cars. VW’s Mark Gillies confirmed to Autoblog that the lease program is the most likely avenue for customers to obtain an XL1.

By on May 6, 2013

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Tesla is changing course with its lease/financing plan, with CEO Elon Musk tacitly admitting that Tesla got it wrong the first time around.

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By on April 17, 2013

California consumers interested in a Fiat 500e will be getting a sweetheart deal from Fiat; a $199 lease for 36 months with a $999 down payment.

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By on April 3, 2013

Yesterday’s Tesla “lease offer”, (which turned out to be Elon Musk’s “big announcement”) was a classic display of Tesla’s penchant for theatrics. On the surface, the move is a smart one; most customers in the large luxury sedan segment tend to lease their cars, so Tesla’s move is nothing out of the ordinary.

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By on November 8, 2012

 

Six years ago I managed to make a $2000 profit on a car without it ever leaving the auction.

A few winks to the auctioneer. A few clicks on a digital camera. A few paragraphs on Ebay. Done. I had managed to purchase and remarket a 2001 Toyota Prius in mint condition with 113k miles. It was near factory clean inside and out. A spanking new hybrid battery. Brand new Michelin low resistance tires, and a maintenance history that showed it had been dealer maintained since day one.

In the car business we refer to these opportunities as an automatic slam dunk.

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By on October 21, 2012

Every once in a very blue moon, I’ll go to a mini-warehouse auction.

The realities of this low-down clearance process is completely unlike the miracles and glories that come with episodes of Storage Wars.  You want junky third world quality furniture? Or memoirs of the 1980′s and 1990′s left behind by your neighbors from their very last estate sale before they finally moved to a condominium? The local storage auctions are the place to go. 80% to 90% pure junk.

This is where I recently found this wrecked 2002 Toyota Solara SE with 140k miles. For $375, it was all mine.

Should I…

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By on October 3, 2012

I stole it.

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By on July 10, 2012

Browsing TrueCar’s top lease deals for July, 2012 yielded an interesting find; a lease deal on the Chevrolet Volt that specifically excludes HOV-lane qualified versions.

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