JH> So what does the dealer do with the car after it's turned back in,
assuming
JH> the customer has declined purchasing the car after the lease period is
p?
JH> Something's wrong here....this makes no sense. Somebody has to take the
hi
JH> for the car.
Depends on the type of Lease. If the Dealer miscalculated redsidule value at
the end of a "Walk Away Lease" HE eats the Loss. On the NON walk away kind if
the value of the car dosen't equal the estimated end of Lease Value YOU the
Leaser are responsable for the Difference.
The monthly cost of the Walk Away Leases of course can be quite a bit
gher.
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* Origin: San Diego's HOTTEST BBS (619) 669-0385 (1:202/911)
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