RealCarTips Logo

Ford and GM May Offer Better Lease Deals Soon

April 29, 2010

Ford and GM Lease dealsFor many years, car shoppers have perceived domestic brands as having lower quality vehicles compared to import brands. Now according to a new survey, these perceptions are changing which could affect car pricing and leasing for many years to come.

The survey found that slightly more Americans now think the United States makes better-quality vehicles than their Asian counterparts. This is in stark contrast to a similar survey conducted in 2006 which found the opposite result.

Many attribute the results to the recent recall and safety issues experienced by Toyota and Honda owners. In the same period, Ford and GM have seen strong sales and received high marks for quality and satisfaction.

As more and more car shoppers perceive the higher quality of Ford and GM vehicles, their residual values start to rise. This has already begun, with some late-model used vehicles rising in price by up to 10%.

When residual values rise, car manufacturers can start offering better lease deals. We're likely to see these better lease deals as early as this fall for Ford and GM vehicles. If you're considering buying one of these vehicles and you don't mind waiting, your best chance to land a great deal will be near the end of summer when the new model year vehicles start rolling in.

My Recommendation for Car Shoppers

TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • Best Rebates, Incentives, and Lease Deals
  • Latest Car Buying Scams and Tricks
  • The Best & Worst Time to Buy a Car
  • Which Cars You Should Avoid
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)
×

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips    RSS Feed

October 18, 2018
October 11, 2018
October 4, 2018
September 27, 2018
September 20, 2018
September 13, 2018
September 6, 2018
August 30, 2018
August 23, 2018
August 16, 2018
August 9, 2018
August 2, 2018
July 26, 2018
July 19, 2018
July 12, 2018
July 5, 2018
June 28, 2018
June 21, 2018
June 14, 2018
June 7, 2018
May 31, 2018
May 24, 2018
May 17, 2018
May 10, 2018
May 3, 2018
I welcome your car buying questions. Email Me and I'll be glad to answer them!