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To: TH who wrote (30496)5/20/2005 3:58:42 PM
From: MoneyPenny  Read Replies (1) | Respond to of 116555
 
The residual value was to protect Ford, it was not disclosed to the mark...er leasee. What this insurance did was guarantee a certain price to Ford, no matter the miles on the car. They could charge for overage and send it to auction but would be guaranteed the residual value on the auto. MP