People started taking leases because they were the "in" thing to do,however,buying is much wiser for the consumer.Something else people don't realize is it's not the manufacturer who is taking the gain/loss on a lease.The credit company is totally in charge of all credit or lease sales.The manufacturer may offer incentives through the credit company which they pay for,but all purchases/leases are strickly the credit company problems.Of course most all manufacturers have a credit company arm,but they are strickly a stand alone company.The credit companies make money or they are out of business.So the manufacturers aren't in trouble because of leases.Just low/no sales.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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