Ford and GM to Make Leases More Expensive

Article from LA Times states that Ford and GM will begin raising prices on some of their cars (particularly trucks and SUVs) to make them less attractive. They aren’t getting out of the leasing game like Chrysler did, but it doesn’t look good if you are shopping around for an American car to lease. Of course, you can still lease from a 3rd party lender, so it is not the end of the world. What I find rather funny is that American cars have not been leasing well through most of the year anyway (with the exception of Hummers, which they are trying to unload desperately), so this move will only make those leases worse. If you are looking for that Cadillac CTS or Hummer H3, better do it sooner than later.