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Old 04-23-2010, 10:03 AM   #47
Rerun
Often Thinks About Pickles
 
Join Date: Jan 2007
Location: Okotoks
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Quote:
Originally Posted by RougeUnderoos View Post
Aren't most people driving around in late model cars pretending it's actually theirs too? Doesn't the bank own it?
I may owe money to the bank for it, but its still legally mine. That means I can sell it if I want to, I can make any kind of modification (within legal limits) that I want to, I can paint it any color if I want to, I can strip it down and sell it in pieces if I want to....

Try doing all that to a leased vehicle. With a leased vehicle, the vehicle still belongs to the leaser. You are just renting it from them for a specified time.... and if you want to get out of your rental contract early... what a hassel and an expensive proposition that is. I've known a number of people who have tried to get out of their lease contract for a number of reasons (can't afford it, don't like the vehicle, lost their license, etc.) and it has been an expensive nightmare for them.

I say NO Thanks.
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