Originally Posted by
Misterman
I'm guessing you don't have the option to give it back at the end? Then when most people can't pay the residual off at the end, they can finance you for it and make money on the financing. Or they low ball you a trade in and roll your negative equity into a new vehicle.
BINGO! This is how the finance companies get to charge you interest for 8-10 years assuming you keep the car, which most people don't. We see SOOOO many people rolling negative equity into the next deal it makes me want to barf. The proverbial out of the pan and into the fire situation.
"Masked Bandit is a gateway drug for frugal spending." - Unknown303