Dealer Profit on ex-Lease Used Cars?
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11-03-2011, 06:58 PM
Drives: 2012 Cayman S, 2012 Panamera
Join Date: Jun 2010
Location: San Antonio, TX
I bet if the car ends up at auction, they can claim on their insurance if it's worth less than the residual. Leasing companies do this to hedge against getting the residual wrong.
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