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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: stan_hughes who wrote (196606)	10/9/2002 6:30:08 PM
From: benwood	Read Replies (1) \| Respond to of 436258

Stan, the lease rates have gone way up because for several years, they have been subsidized by unrealistic depreciation schedules -- leases were coming back with residuals far greater than the car's value, so they've been taking back cars at a loss for a while now. I suspect you'll find Ford ended or will end its similar policy of self abuse. And with the used car market bloating, that situation will only worsen.