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Originally Posted by Chef-j
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interesting that was actually a good video I'll have to look through their page. the older guy said "no one was complaining when 3rd party dealers wanted to pay more than the car was worth" lol why would they? GM Financial wrote the contract on this lease. sink or swim they are going to get what they are owed.
I'd have less problem with this move if it was truly about getting cars on GM dealer lots... but it's not. It's not like GM Financial is gonna take the $34k buyout for a car worth $37k. they are going to make the dealer pay $37k. which is why, before this market, you could go to dealer holdover lots and see these nice looking used cars just sitting waiting to get picked up. because GM Financial wanted more money than the dealer was willing to pay.