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Joined: Jan 1970
According to my bank manager a GMAC module had a proprietary program which included certain fees and charges not otherwise shown to customers leasing /buying thru GM's financing subsidiary. Sales people just pumped in a few key numbers and watched the calc do the work. Remember GM doesn't make money buidling cars, it makes money financing sales/leases of autos. It is a bank disguised as auto manufacturer. Up here in Canada they and their dealers have successfully lobbied the government to continue a ban on banks entering the auto leasing business.