GM's New Rent-a-Car Business Model

EPautos - Libertarian Car Talk

Renting is a much better deal than buying . . . for the landlord. You – the renter – never own anything. But you pay for everything.

Forever.

This appears to be GM’s view of the future of cars, which it plans to rent to you rather than sell to you.

It’s actually sound policy – for GM – given the cost of new cars (not just GM’s) as well as the declining affection for cars, especially among those in the 35 and younger bracket – many of whom aren’t interested in ever owning a car but occasionally need one.

Cont....