why no leases?
#1
why no leases?
Since HD have such amazing resale, and the dealerships could get everyone over the coals for not keeping it stock: Why doesn't the MoCo have a lease program?
#3
RE: why no leases?
they do for Law enforcement agency's only it is at the discrection of the local dealer
I also know of a couple dealers that offer a trade up program that is fantastic !
I also know of a couple dealers that offer a trade up program that is fantastic !
#4
RE: why no leases?
For years, Gm (Simplelease), Ford (Red Carpet) and Chrysler (Gold Key) offered leases. Ideally 24 to 36 monthsto shorten the trading cycle. They now have realized that they are losing their asses on the residuals due to the changes in the consumer car marketand are bailing out of these programs and promoting a purchase. Most manufacturers do not have a 400+ page parts & accessories catalogue and most people do not modify their four wheelvehicles. In the past the factories depended on the car auctions to dispose of fleet and lease returns. There are a lot of factors to be considered.
#5
RE: why no leases?
Yup, agree, all the mods that HD riders do would create a very sticky situation on turn-in value and the mystery of what's really in and on the bike for the next rider/owner of a lease turn-in. And suspect that running the numbers on an HD lease vs. borrowing to own would be a bad financial choice for a rider tolease.
ORIGINAL: johnny canuck
For years, Gm (Simplelease), Ford (Red Carpet) and Chrysler (Gold Key) offered leases. Ideally 24 to 36 monthsto shorten the trading cycle. They now have realized that they are losing their asses on the residuals due to the changes in the consumer car marketand are bailing out of these programs and promoting a purchase. Most manufacturers do not have a 400+ page parts & accessories catalogue and most people do not modify their four wheelvehicles. In the past the factories depended on the car auctions to dispose of fleet and lease returns. There are a lot of factors to be considered.
For years, Gm (Simplelease), Ford (Red Carpet) and Chrysler (Gold Key) offered leases. Ideally 24 to 36 monthsto shorten the trading cycle. They now have realized that they are losing their asses on the residuals due to the changes in the consumer car marketand are bailing out of these programs and promoting a purchase. Most manufacturers do not have a 400+ page parts & accessories catalogue and most people do not modify their four wheelvehicles. In the past the factories depended on the car auctions to dispose of fleet and lease returns. There are a lot of factors to be considered.
#7
RE: why no leases?
If alot of owners are like me, bikes are personal. Leasing would be like sticking a yellow cab between your legs.
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#8
RE: why no leases?
Wrong....
Although car leasing is down from it's highs of about 33% of all vehicle sales, it's been growing steadily since it's low of about 12% to about 18 to 20 % of all vehicle sales today. Sometimes leasing makes sense but you have to do the math and factor in your driving habits. As far as bike leases, there is no reason to at this point because sales are strong, and typically businesses don't have bikes in their fleets. The other reason is there are very few lenders who will loan money on a bike because they don't understand the risk. If another lender came out with a bike lease program, HD would be all over it as well.
Although car leasing is down from it's highs of about 33% of all vehicle sales, it's been growing steadily since it's low of about 12% to about 18 to 20 % of all vehicle sales today. Sometimes leasing makes sense but you have to do the math and factor in your driving habits. As far as bike leases, there is no reason to at this point because sales are strong, and typically businesses don't have bikes in their fleets. The other reason is there are very few lenders who will loan money on a bike because they don't understand the risk. If another lender came out with a bike lease program, HD would be all over it as well.
ORIGINAL: johnny canuck
For years, Gm (Simplelease), Ford (Red Carpet) and Chrysler (Gold Key) offered leases. Ideally 24 to 36 monthsto shorten the trading cycle. They now have realized that they are losing their asses on the residuals due to the changes in the consumer car marketand are bailing out of these programs and promoting a purchase.
For years, Gm (Simplelease), Ford (Red Carpet) and Chrysler (Gold Key) offered leases. Ideally 24 to 36 monthsto shorten the trading cycle. They now have realized that they are losing their asses on the residuals due to the changes in the consumer car marketand are bailing out of these programs and promoting a purchase.
#9
RE: why no leases?
these guys used to. http://www.prolease.net/contact-prolease.php
a close friend of mine used to work for them. they did all HD's, some metrics and few customs too (big dog, bourget, etc).
maybe they still do, can't call on sunday though.
a close friend of mine used to work for them. they did all HD's, some metrics and few customs too (big dog, bourget, etc).
maybe they still do, can't call on sunday though.
#10
RE: why no leases?
Leases also got unpopular because the system was abused.In the begining you could residualize after market options,and they brought the cost of the lease DOWN cause now they were worth more.Once we figured that out we started putting 200 dollar moonroofs in cars,saying they were 1200 dollars and BING you got a free moonroof,and lowered your payment.3to4 years later,when these cars are goin thru the chutes tp be resold,they realized what had transpired,and nixed or limited the amount of residuals.When they guessed wrong on the depreciation it didn't matter the cars were underwritten.