Quote:
Originally Posted by Rider
Most people already have a car payment so getting a new car won't change their financial status. I have 1 car that's paid for and 1 one that I am leasing. When my lease iis up next year, I'll get something new. GM isn't leasing anymore, so I'll either need to buy a new car or find another manufacturer that still does leasing.
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I know there are some, but how many people still have payments on a car worth less than $4k. Also, you had to have the title in hand to take advantage of this program, so how many of those that still have payments could afford to pay off their loan early. You couldn't use a leased vehicle as your clunker either.
I guess the credit crunch is over (for now). I think you may be right SteveP.
