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Old 01-12-2007, 09:07 PM
psywzrd psywzrd is offline
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Join Date: Aug 2005
Posts: 169
psywzrd is off the scale
Default Re: why are GMAC's interest rates so high?

Quote:
Originally Posted by Hummer Guy
Right now Hummer vehicles are lower than almost ALL other GM vehicles for smart buy/lease rates...for what its worth...

I'll take your word for it, but GMAC's rates are generally significantly higher than anyone elses. I don't have the exact figures in front of me but I know that when I was shopping for a Denali recently, the interest rate on a 36-month lease was at least 7%. Why does it seem like GM is unable to offer its customers competitive lease rates? Is it because of their financial situation? I'd love to be able to stick with a GM vehicle but when so many other car makers are offering amazing lease rates, it gets increasingly difficult to justify paying those rates.
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