Yeh, like Honda has a solid Rust history, lolz
Why doesn't Jeep lease?
- Thread starter LiNK666
- Start date
Yeh, like Honda has a solid Rust history, lolz
Chrysler and others got out of leasing for the simple reason of residual value risk management. In simple terms, the values captive finance Finance companies (GMAC, Ford Credit etc) were putting on the cars at lease to get a low payment were not being recovered when the car was sold at lease end. Ford almost put themselves out of business when they had the 24 month "Plan" and were setting the residual values much higher than they should have been and then taking losses significant losses of thousands per unit at auction.
Now you see these crazy long term 72/84 Month finance plans (Hyundai, Kia, Chrysler ) which put the risk on the buyer instead but also puts these customers out of the market for years as they always owe more than their cars are worth in a long term deal.
All this is so they can advertise payments that are less than some cell phone payments and to gain market share or get people to buy more car/ truck than they can really afford.
As a consumer, most of us do not want to be in a car for more than 4 or 5 years so realistically you should try to stay within that range and avoid these long term deals.
Now you see these crazy long term 72/84 Month finance plans (Hyundai, Kia, Chrysler ) which put the risk on the buyer instead but also puts these customers out of the market for years as they always owe more than their cars are worth in a long term deal.
All this is so they can advertise payments that are less than some cell phone payments and to gain market share or get people to buy more car/ truck than they can really afford.
As a consumer, most of us do not want to be in a car for more than 4 or 5 years so realistically you should try to stay within that range and avoid these long term deals.
I went into a Chyrsler dealership with $5k cash in my hand and told them I wanted a jeep. I told them exactly what I wanted and I'm ready to sign no need to negotiate the price. Then after they had said everything. I told them I want to lease it. They said they don't lease. I said "too bad... if it changes in the next 6 months call me otherwise I'll get something else" and walked out.
Make note that the engine being tested is their highest output, lowest consumption option that also happens to be turbocharged. The use of expensive iridium plugs is not uncommon. RDX 2.3l Turbo comes to mind @ $30/plug
What is uncommon is a 45,000km change. Should be seeing at least 80,000km and I would imagine you probably could easily do so.
I think you should direct your comments on engineering and quality towards Fiat on this one, as the 1.4 MultiAir engine platform is their baby from long before the merge.
One 2013 accent... wow, that's terrible.
On the 06-08 Sonata's; the issue's on higher mileage cars and I've seen it personally only once granted I don't see many Sonata's
The 99-02's; The article states 40 complaints. How many Sonata's you think they sold, a few hundred thousand I bet.
The Santa Fe; Don't even know what to say to that story... One guy's issue = a trend?
and I won't even bother with the stone chip lady.......
I have to question the motivation of the writer of that article, clearly he/she does not like Hyundai, but truth is all cars rust atsome point if you don't keep em clean all winter long, my 04 A4 included
. Wash them religiously in the winter and they'll never rust.Yup
p.s. I speak as a licensed auto technician on this. I have no bias towards any manufacturer, and tbh I hate them all quite equally.
Honestly, I find aluminium foil maintains a better surface than some Korean sheet metal. They dent or ripple from wind resistance or closing the door.
