Article: GMAC to offer leases on some vehicles

GMAC Financial Services said Monday that it will offer a leasing option on select vehicles to drivers in 45 states.

GMAC officials said that its improved funding flexibility, the completion of General Motors Co.'s financial restructuring and higher used car values have made leasing a viable financing option again.

"While we do not expect leasing to return to its heyday levels across all models, it remains an attractive financing tool for certain segments, particularly new launch vehicles and select models in the luxury market," Bill Muir, GMAC's president, said in a ...

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