04.22.08
THE, 2008 Luxury Cars to Lease
As one of the fastest-growing carmakers on the planet, the Chinese automotive industry has taken an unusual approach to staging international auto shows. Like Geneva and Detroit, it has a major exhibition every year, but like the biennial events in places like Frankfurt, Paris and Tokyo, China alternates its big one between Shanghai and Beijing. This year it’s Beijing’s turn.
The show is a chance for not only the local makers to strut their stuff, but for other global players on hand to show both production and concept cars for both China and international markets.
The most talked about concept at Beijing is the Geely Tiger, which is also known as the Geely GT. This 2-door show car was shown without the Geely badge, leading to some speculation that the automaker has an eye to creating an upscale brand similar to Lexus or Infiniti and that the Tiger would be its flagship model. In any event, this V-6-powered 2+2 is evidence that the Chinese are catching up quickly to the rest of the world and may be a formidable player even in luxury segments. Read the rest of this entry »
What better reason to lease when you discover your the vehicle you bought last year is in the top 10 of vehicles that depreciate the fastest. Like the US housing market, these cars values drop so quickly, you’ll be scrambling to sell it to the next buyer. Then again, the alternative to vehicle financing you could have opt for was to lease, giving you safety of not owning a depreciating vehicle outright, with the added benefit of trading in the vehicle for the next latest model on the market. Alternatively, rather than waiting for the lease contract to expire after 3 to 5 years, you could have sought to