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here is a reference Posted by turbosaab [Email] (#9999) [Profile/Gallery] (more from turbosaab) on Mon, 7 Nov 2005 10:00:50 In Reply to: Lease Return: Help my Mom with her Accord!, Brian, Mon, 7 Nov 2005 06:02:42 Members do not see ads below this line. - Help Keep This Site Online - Signup |
http://www.edmunds.com/advice/leasing/articles/48100/article.html
They don't mention it in this article, but I have heard that sometimes leasing companies are not willing to negotiate because they have purchased gap insurance (i.e. they send the car to auction, if it sells for less than the residual, they get reimbursed for the difference. If they sell it to you for less than the residual, they don't get reimbursed).
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