On Mon, Jul 28, 2008 at 2:32 PM, MB Software Solutions General Account <[EMAIL PROTECTED]> wrote: > [EMAIL PROTECTED] wrote: >>>> Chrysler just announced that it will no longer lease cars. Maybe Ford and >>>> GM >> will pick up some of their clients. >> >>> What's the rationale for that, I wonder? >> >> It could be the rotten resale value of cars coming off lease making it a >> loosing proposition. > > > Could be that they just want to sell the whole car and be done with it, > getting their money all up front and then let others "deal" with it > later, for the reason you stated. -------------------------------------------------------
I think that they see the change in business and the desire to STOP leasing vehicles. More people are no longer doing that because they find the write off cost vs. depreciation was costing them more $$. YVMV ;-> -- Stephen Russell Sr. Production Systems Programmer Mimeo.com Memphis TN 901.246-0159 _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
