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Old 10-07-2008, 06:09 PM
tankdriver tankdriver is offline
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Join Date: Jul 2007
Location: Columbus OH
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Quote:
Originally Posted by TX76513 View Post
Wouldn't leasing companies start to bite the dust also? They lease the car on a future value of the vehicle with xx miles. With SUV prices tumbling with heavy discounts wouldn't this put them in backwards on a lease turn in?
Most of the time people get screwed negotiating leases, so I don't think the car value at the end of the lease will bring down leasers. The market's obviously sensitive to demand, so you might find some deals, but I don't know about fire-sale type deals.
The fact that most of the leasers are tied to some other business that is getting hammered is what will bring them down.
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