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Pontiac of the Month

360Rocket's 1970 GTO

2019 March
of the Month

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    We are a community of Pontiac enthusiasts. The purpose of our community is to keep alive the Pontiac spirit by sharing (or showing off) our cars, discussing Pontiac, helping each other work on our cars and find information, plus attend various meets/shows/etc... To aid discussion, sharing, event planning and selling of parts/cars/anything, we have various parts of the website to aid this from Forums to an online Garage to Classifieds to even a Document Download Repository. You can find links to these in our navigation above based on what each section helps with (discussion, local events, learning, etc...).

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Car and Driver: The Most Commonly Leased Car Brands in America (and the Most Commonly Purchased)

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The Lease They Could Do

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From the March 2016 issue
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What do drivers of Smart Fortwos and Maseratis have in common? It’s not their propensity to park illegally, but a shared distaste for car ownership. Three-quarters of them lease, the easiest way to slide into any new car with the least commitment and typically less upfront cash. With help from analytics firm IHS Automotive, we gathered lease rates for 41 brands to see whose customers actually buy and whose merely lease. While only one-quarter of all new retail transactions are leases, luxury brands make the bulk of their profits from them. Turn in the old car, throw down a few grand, and poof!—there’s a new Mercedes E350 wearing your old license plate.

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Since the 2008 recession, automaker-owned banks have freed up more credit, which only makes leasing more attractive. The main growth areas? Leases of non-luxury compacts and crossovers, plus full-size pickups, are proof that leasing is “expanding out of the traditional segments,” says IHS analyst Tom Libby. And many off-lease cars are remarketed as certified pre-owned; leasing one perpetuates a cycle that keeps profits humming and monthly checks outflowing. Here, we chart the percentage of each brand’s new-car customers who lease:

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The Lease They Could Do

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The most commonly leased cars are small luxury sedans. Leases soaked up 60 percent of these models. More than half of all luxury sedans of any size are leased.

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STATE OF AFFAIRS

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New Englanders love their leases, as five of the chowder-chugging states rank in the top 10. Texans don’t trust them so much. Despite being the No. 2 retail auto market (behind California), Texans lease just 11 percent of their new cars. Arkansas comes in last with just 2 percent.

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The-Lease-They-Could-Do-bullet.jpg Top 10 are marked in dark yellow.

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The Lease They Could Do

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