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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (44800)12/6/2000 9:03:11 PM
From: marginmike  Read Replies (3) of 436258
 
Talking to a friend in the Wholsale car biz, who reiterated what you are saying. GE, and now Debis have pulled out and leasing market will become prohibitivly more expencive. These banks have no clue how to set proper residuals and are getting cars back 30% in the hole, LOL. The car business is in near depresion already. Two friends differnent states both used the "D" word. Pretty scarry, just wait till the Real Estate market weakens.
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