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Yeah, except there's now USD1Tn worth of US Auto Finance alone floating around like a week old turd. Given that I've lived here over 4 years and am still getting random, spam lease offers by email from the UK, I doubt the situation back in blighty is a lot different. Agree with Hoops - it's a bonkers ponzi, with the potential to cover a lot more than just leasing companies in a fine mist of poo...
Might make for a lot of great dirt cheap, low mileage lease returns though.
Jung
If you think values are going to drop Shirley a lease is safest cos you can just hand the car back at the end?
The only loser will be the leasing company.