A closed-end lease works great for small fleets that don’t want the financial worry of the vehicle at resale. For lessees, success entails proper management of vehicle condition and mileage, as well as communicating with the lessor should driving patterns change.
GM Offers Optional Extended Warranty
General Motors has begun offering an extended bumper-to-bumper warranty to its customers that matches the time span of the powertrain warranty. The new bumper-to-bumper warranty is available on new vehicles purchased on or after Oct. 15 for the 2018 or 2019 model year.