Did Buick lease out Turbo Buicks when they were new?
- Thread starter Sinical
- Start date
Yes. I got my 86 with a lease. It's the only way I could fit the payments into the budget back then. I got raped on that deal when it came to the end of the lease and I wanted to buy the car.
Still got that car. :biggrin:
QuickBuick87
Active Member
- Joined
- Apr 1, 2006
My 87 GN was not only leased, but it was leased by a large company in Missouri!! Maybe the President of the company wanted a FAST company car. The reason I know this is it's actually on my RPO code label in the trunk!! Hows that for a rare option...........
Ken
Ken
My 87 GN was not only leased, but it was leased by a large company in Missouri!! Maybe the President of the company wanted a FAST company car. The reason I know this is it's actually on my RPO code label in the trunk!! Hows that for a rare option...........
Ken
Was leasing as popular back then as it is now? I mean, I know the answer, but I just never heard about leasing when I was a kid.
GNBRETT
Pelennor Fields
- Joined
- Feb 8, 2004
Considering how irresponsible this country is with their money these days I would think leasing is more popular then ever....
All people see is a lower monthy payment.turbofish38
Le Pétomane
- Joined
- Dec 3, 2002
My 87 GN was not only leased, but it was leased by a large company in Missouri!! Maybe the President of the company wanted a FAST company car. The reason I know this is it's actually on my RPO code label in the trunk!! Hows that for a rare option...........
Ken
And just what exactly is this mystery RPO code that you have on your SPID label? Post a pic to prove it please. Thank You
As far as I know there wasn't any secret codes denoting fleet or corporation spec cars....as far as Turbo Buicks go. Those codes were common place mostly on trucks back in the 70's and 80's. They are common place now because back in the 90's GM used to own a share in the major rental car companies. For example National,Enterprise and Alamo. Ford had Hertz and Chrysler had Dollar and Thrifty.
I sold parts for GM for 30 years. One way to pad your paycheck was to snag all of the big fleets in your area. I had the small rental car fleets in Omaha back in the 80's. Plenty of NA Regals and of course MonteCarlo and Cutlass. Never saw a Turbo Regal (or MCSS or 442) rental car.Rental car equates to cheap. Aint no way a agency was going to put a grenade like a GN or any other TR in the hands of Joe Schmuck. Back than nobody figured out that you could jack up the rate to cover your losses encured from the down time of these grenades like today with Hertz's Fun Club Shelbys and Corvettes.
While I couldn't afford to buy a new GN I was fortunate that I didn't have to lease my GN. I just waited for a low mileage trade in to drop in my lap.
Pronto
Believe nothing you hear and half of what you see.
- Joined
- Dec 9, 2002
I'm actually incouraging my son to lease a car. He lives 1 1/2 hours away. His car is 11 years old and is starting to nickle and dime him while I'm stuck fixing it while he takes my car back to his place. He has hardly any tools and low mechanical skills and no place to work on it anyway. He doesn't trust any mechanics there and neither do I since I don't know them. I would rather see him pay alittle more and get a nice car on a lease. He can use it without having to do anything but basic maintainence. It would also be tough for me to get the car back here is it craps out. I just see it as the best way for him to get reliablity and me relief from being his personal mechanic.Considering how irresponsible this country is with their money these days I would think leasing is more popular then ever....
GNBRETT
Pelennor Fields
- Joined
- Feb 8, 2004
I can see it working as long as the mileage stays low. It seems that most people seem to exceed their mileage and then they stick it up ur azz when the lease is up and then nickel and dime you for every scratch.
I leased all my cars back in the 80's and did very well on them. The payments were lower no large down payment, you saved that for the end of the lease. I managed to sell everyone of my leased vehicles for more then the residual before the lease expired.
The lease payment was deductible as a salesman, as were operating expenses. If I wanted to buy the car at the end of lease I was using money that was worth less then 5 years earlier, thanks to inflation. I also picked nice cars that held a high resale value.
Early on the mileage allowed was much higher then in the 90s. You could drive 15 to 20k a year.
Banks got away from leases for a reason, they did better on outright sales.
The lease payment was deductible as a salesman, as were operating expenses. If I wanted to buy the car at the end of lease I was using money that was worth less then 5 years earlier, thanks to inflation. I also picked nice cars that held a high resale value.
Early on the mileage allowed was much higher then in the 90s. You could drive 15 to 20k a year.
Banks got away from leases for a reason, they did better on outright sales.
Pronto
Believe nothing you hear and half of what you see.
- Joined
- Dec 9, 2002
My wife leases here Outback. She also hates the idea of having to go for repairs. She drives about 8k miles a year. She's never been hit with the fix it up charges even though one of them had a good sized ding in the drivers door we got one week after got the car. She's on her 5th lease. She got a letter last summer about a sale they were having. They took her 2 year old Outback with 1.5 years to go back and she got '08 for $9 more a month, same term. The main reason she turned it in was she didn't like the color too much. The new Outback has a little more power and gets better mileage too.
- Joined
- Nov 4, 2005
Attachments
The reason I know this is it's actually on my RPO code label in the trunk!! Hows that for a rare option...........
Ken
What RPO code is on yours to denote this???
My car was leased through GMAC by someone for three years then I bought it from the leasing dealership for $7,999.00 with new Eagle GT tires and a new factory replacement tubo with adjustable wastegate actuator. I guess that makes me the original owner.
turboc87gn
Darkside in Detroit
- Joined
- Oct 2, 2008
You should add this to kirbans trunk label thread hes been lookin for low optioned cars less than 52 codes i think and he can decipher it for you too
Just a Six??
OK! Who Farted??
- Joined
- Jul 4, 2003
They also leased them in Canada. Got mine off a 1 year lease by VP of Canada Trust.
I leased my 86 when it was new, for three years. At the end of the lease, I bought it for $7850 from the leasing company.
I'd pay double that today for a 24,000 mile, 3 year old GN....
The sticker price was around $17k for the new 86. I had probably one of the first 86 GN's available. I remember the insurance company sending a firm to check out my car, who took pictures of the seats. Apparently, they had insured an 86 GN that was stolen and stripped, and they couldn't get the interior parts, so they had to fabricate interior seats to match the OEM "turbo six" embroidery.
I'd pay double that today for a 24,000 mile, 3 year old GN....
The sticker price was around $17k for the new 86. I had probably one of the first 86 GN's available. I remember the insurance company sending a firm to check out my car, who took pictures of the seats. Apparently, they had insured an 86 GN that was stolen and stripped, and they couldn't get the interior parts, so they had to fabricate interior seats to match the OEM "turbo six" embroidery.
turbofish38
Le Pétomane
- Joined
- Dec 3, 2002
Yes I know about the Meth cars.....now.:redface: I don't think QuickBuick has a Meth car though.
