Quote:
Originally Posted by gss9909
The problem with any type of lease is the residual amount. The leasing company loses their shorts at auction.
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This is exactly what I read reported as the reason for the auto manufacturers not leasing any more. They get stuck with lots of overpriced used cars and trucks that nobody wants because the residual amount to purchase the vehicle at the end of the lease is a lot more than the actual market value of the used vehicle.