General Motors Co. has started a promotion earlier this month that entices current lease holders to buy a new car and have the last three payments on existing leases waived. GM is also adding an incentive to deals that exceeded offers made by rivals. GM said that the promotion is valid on most models with leases that expire between now and Aug. 31. Researcher Autodata Corp. said that GM raised incentive spending in January by 16% to an average of $3,663
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