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 - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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