TIP: Click on subject to list as thread! ANSI
echo: consumer_report
to: JAY HANIG
from: DON DELLMANN
date: 1998-01-06 12:30:00
subject: Lease info

While tripping merrily through the mail, Jay Hanig was overheard
 
 DL> Not only that, but the price used for the car will be list or _higher_.
 DL> In contrast, most cars that are bought outright are priced below list.
 JH> So what does the dealer do with the car after it's turned back in,
 JH> assuming the customer has declined purchasing the car after the lease
 JH> period is up? Something's wrong here....this makes no sense.  Somebody
 JH> has to take the hit for the car. 
This is why after leasing once I never leased again.  The contract called for
a relatively high "buyout" price at the end.  After turning the car in, the
dealer sold it off at a much lower price, then sent ME a bill for the
difference!
Don
... The only winner in the War of 1812 was Tchaikowsky.
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* Origin: *YOPS ]I[* 3.1 GIG * RA/FD/FE RADist * Milwaukee, WI (1:154/750)

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