GM Finally Leasing Cars Again

Last year, GM terminated its leasing program due to the credit crunch. This had cost them dearly since 17% of their sales had historically gone to leasing.

Now GM will be testing the waters again by introducing lease programs through the end of August in five states: New York, New Jersey, Connecticut, Michigan, and Ohio.

The only cars available for leasing are:

• 2009 Cadillac CTS
• 2009 Chevrolet Malibu
• 2009 Chevrolet Traverse
• 2010 Cadillac SRX*
• 2010 Buick LaCrosse
• 2010 Buick Enclave
• 2010 GMC Acadia
• 2010 Chevrolet Equinox

Depending on how this leasing program goes, GM may decide to take it nationwide next month.