http://www.ft.com/cms/s/0/5a0c6918-6...0779fd18c.html
We've seen evidence of this with the rising residual rates for BMWs over the past three months. For example, I locked my 335i in at a 59% residual in April and it's now at a 54% -- another $2k based on my final negotiated price. Add to that the rise in base price, even though financing got cheaper at a .170 base rate (vs .230)
So, expect some more tightening up in lease conditions since, economically, things will not be getting better any time soon.