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Rob Mccart | MIKE POWELL | car locks/fobs |
October 7, 2025 8:02 AM * |
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RM>> When dealers have too much stock they will do any number of things >> to move cars off the lots. I've definitely seen 3 year leases and >> my car was a return from a lease after 3 years. I assumed it was >> at the end of the lease but I guess I can't be certain. MP>Both of the cars I leased, in the 2010s, were 3 years. I assumed that was >standard, at least here in the US. I think it is a lot more common in recent years than in the past. Way back the leases ran for 5 years or so and the cars were almost useless/worthless by the time they came back to the dealer as, especially back then, it was mostly people who drove a Lot that were leasing cars. I remember way back when my father was in industrial sales he would occasionally have his 5 year lease terminated early by the leasing company because they didn't want it to have 100,000+ miles on it when they got it back. These days it's often a way to drive a new car without needing a lot of money up front to buy it. In the long run, if you just keep getting a new 3 year lease afer the last expired, it costs you more than buying a car but, again, new car every 3 years and selling a car you bought every 3 years would probably cost you more since they drop so much in price those first few years.. --- * SLMR Rob * Message halted... Out of Tagline ideas Error. * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1) |
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