GMAC to Offer Leases on Some Vehicles
GMAC Financial Services says it will offer a leasing option on select vehicles to drivers in 45 states.
GMAC says that its improved funding flexibility, the completion of General Motors' financial restructuring and higher used car values have made leasing a viable financing option again.
The news comes a week after GM announced the launch of a pilot leasing program. That program covers the other five states and the leases are through U.S. Bank.
Both programs offer leases on the 2009 Cadillac CTS, Chevrolet Malibu, Chevrolet Traverse and the 2010 Buick Enclave, Buick LaCrosse, Chevrolet Equinox and GMC Acadia.