Since the credit freeze last year and GM’s abrupt end to leasing of their vehicles,  GM just announced that they will once again begin leasing, starting with luxury cars first in as early as one week.  Luxury brands across the board rely heavily on leasing to keep sales from becoming stagnant due to higher actual costs if you were to purchase the vehicle out right.

GM’s Bob Lutz told the Wall Street Journal that they would be using their GMAC lending arm to handle the finances and that they are unsure how long it will be until leasing is once again an option on all models

“The luxury end of the market is very heavy on leasing and as credit frees up, it would be very logical to get back into the portion of the market that we currently don’t compete in, which is the lease market” Lutz told Automotive News.

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