I've had this idea for quite a while.
Why are leases only for new cars?
When you lease a car, the vast majority of your payment is paying for the depreciation. Depreciation doesn't benefit the customer, nor the leasing company...so why is it done so much?
Manufacturers just want to move inventory.
Wouldn't it make more sense to lease something that depreciates less, or doesn't depreciate at all?
The customer would be paying for the utility and appeal of driving the vehicle, not the...
Read more
Why are leases only for new cars?
When you lease a car, the vast majority of your payment is paying for the depreciation. Depreciation doesn't benefit the customer, nor the leasing company...so why is it done so much?
Manufacturers just want to move inventory.
Wouldn't it make more sense to lease something that depreciates less, or doesn't depreciate at all?
The customer would be paying for the utility and appeal of driving the vehicle, not the...
Read more
from Classic car leasing business
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