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re: Leasing a vehicle

Posted on 2/16/10 at 9:52 am to
Posted by Martavius
Member since Nov 2005
16019 posts
Posted on 2/16/10 at 9:52 am to
quote:

Their calulations never factor in things like your concept of normal wear

What is considered normal wear is spelled out in the lease agreement.

quote:

and the dealer's not being quite the same.

What does this have to do with it? When you lease, the lease is done through whatever financing arm the manufacturer designates and the dealer gets paid just like they sold you the car. Inspections are done by a 3rd party inspection company which is many times designated in the lease agreement and you don't have to return the car to the same dealership you purchased it from.

The biggest problem with leases is that most people don't go into it fully educated which really isn't different from people not understanding credit card cardholder agreements or mortgage closing documents People = stupid.
This post was edited on 2/16/10 at 9:54 am
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
15894 posts
Posted on 2/16/10 at 5:08 pm to
quote:

The biggest problem with leases is that most people don't go into it fully educated which really isn't different from people not understanding credit card cardholder agreements or mortgage closing documents People = stupid.

I think this is exactly why people fear leases. They are afraid of getting arse raped, which in most cases is exactly what happens.
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