RV Fuel Issues & Prices - Post 'Em Here!

tomman58 wrote:

Bumpyroad wrote:

tomman58 wrote:



You are missing the concept of a lease! I will owe nothing and own nothing at the end of the lease! .

I am missing nothing. I pointed out what I thought I had read years ago about leasing a vehicle. they price it based upon what they anticipate it getting on the market when it is turned in. If it is NOT worth that much, don't you owe more money?
bumpy

no

I think what I had in mind was a few years back, one of the manufacturer's overestimated what the value would be of their vehicles at the end of the lease period, so they were taking a beating on the used vehicles.
bumpy
P.S. It seems to me that Chevy has done exactly the same thing on overestimating what your vehicle will be worth at the end of the lease. but of course, since we (us citizens) only owe 51% of GM we can just bail them out again.