I suppose i should have included your entire comment which was
"I'm not familiar with leasing ins and outs but I thought leasing is mostly for people who like to have newer rides and don't want to worry about ownership"..
Having said that; IMO lease or buy (within the 4 year time period that one owns or leases a new vehicle) there is no worry about ownership because of the warranty.
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Originally Posted by TwinsPoppa
Uhh .. sorry, but I don't quite follow you.
If someone is buying they are buying and if they're leasing ... well, they're leasing - not buying as you seem to indicate.
Regardless, I guess the auto industry is losing out when it comes to leases. If they say the residual is high (in this market), then they may be stuck with an overvalued vehicle.
If they say the residual is low, then the customers are not gonna sign up because their payments will be higher.
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