Car Dealer Lawyer

A guy who worked for me used to say, “Never argue with a fool or a General unless you are a bigger fool or a bigger General.”  (I don’t think he was implying that I was a “General.”)  I use the same approach when I hear people condemn leasing as a bad deal for the [...]

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Chrysler Financial and Ford Motor Credit Co.’s decision to end leasing is unsettling for many reasons.  The underlying problem is that as leases come due, the vehicles’ residual values are much higher than the market values.  Something similar happened to World Omni Finance Corp. several years ago when it was the principal leasing source for [...]

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