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Because the residual values that were set were best guesses for the future market, plus credit was very easy to get. Manufacturers got crushed on returning leases as customers could buy better/newer for alot less than they would have to pay if they decided to keep their vehicles when the lease term ended. Looks like the market is playing catch-up now for it's past sins.
Anyway, I still don't know what I will be doing with mine... I think I'll explore a private sale, or I'll just keep it and buy an extended warranty. either way I guess I have come to grips with the fact that I'll be either be losing or spending some money on it in the near future
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01-15-2009, 11:51 AM
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