Lease Questions - Ask Here

dayers · November 2002

Hi Car_man,

I'm considering leasing a 2003 A4 Avant (MSRP $30410). Could you tell me the resid and money factors for 39 and 48 month leases? (12,000 miles per year) I live in Alabama. Also, any information on typically required upfront monies (security deposit, 1st month, etc.) would be helpful.

Thanks in advance.

chow3 · November 2002

Hi car man thanks again for all your help. As noted we are interested in the expedition popular 2wd, with a 12k per year lease for 36-38 months. We are in south Florida and the deals don't seem to be had on anything but the base/value with no rear air. What was the volume/dealer incentive you referred to earlier. chow

schenoy · November 2002

Hi Carman,
My problem is I signed a Chase Bank lease about 3 weeks ago for an Acura MDX. Dealer finance guy called, said that he found out that Chase does not use a residual for the Rear DVD system (factory installed) and he wants me to come in and sign a new lease! Am I obligated to? Its going to up the lease payments I'm sure . I have 1200 miles on the vehicle already, and I'm ready to tell him to take it back if they force me . Whats your advice (I know you are not a lawyer, I'm not looking for a legal opinion). They told me American Honda wouldnt finance me (690 beacon score, go figure?), so thats not an option.
Thanks
Steve

CarMan@Edmunds · November 2002

Hey moelexx. There are many variables that determine how much vehicles' monthly lease payments are, like the mileage that you need to be able to drive, your down payment, the length of the lease, etc.... So the easiest way for me to give you an idea of what entry level luxury cars you can lease for less than $450 per month is to list the cars that fit this description that I have seen with advertised lease payments in that range. Within the past two months I have seen the Acura CL, Saab 9-5, BMW 3-Series, Volvo S60, Jaguar X-Type, Volvo V70, Acura TL, Saab 9-3, and Audi A4 all advertised at or less than $450 per month. Of course, as I mentioned earlier, the details of these leases will vary from model to model, but this list should at least give you a good starting point in your search for a new car.

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CarMan@Edmunds · November 2002

No problem, Mike.

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CarMan@Edmunds · November 2002

Greetings dayers. I would be more than happy to give you an idea of what the lease program should currently be like on this vehicle. However, Audi's October lease program ran through November 6th and I haven't had an opportunity to check out their new November program yet. Please feel free to check back with me in a few days and I should be able to give you an idea of what to expect from their November program. Talk to you soon.

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CarMan@Edmunds · November 2002

Thanks for the additional information, chow. OK, if you were to lease a 2003 Ford Expedition XLT 2WD through Ford Motor Credit for 3 years with 12,000 miles per in most parts of the country right now, their base lease rate and residual value should be 5.75% and 53%, respectively.

In answer to your second question, Ford is currently running a dealer volume bonus program on many of its trucks in certain parts of the country, including Florida. This program provides dealers with $500 to $1,500 dealer cash per unit, depending upon what percentage of their predetermined objective they attain. Most dealerships will probably only receive $500 or perhaps $1,000 per unit through this program. Although this may not translate directly into dollar for dollar savings for you the consumer, it definitely should have an impact upon dealerships willingness to negotiate.

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CarMan@Edmunds · November 2002

Hi Steve. It's interesting that it took the dealership that you are working with three weeks to get back to you on this matter. One would think that they would have wanted to do so much more quickly. When one finds themselves in a situation like this, it is important to make sure that you take an extremely close look at any new contract that the dealership wants you to sign. Don't get railroaded into signing any documents without thoroughly going through them, even if you have to take them home with you prior to signing them. If I was in your situation, I would refuse to pay a higher monthly lease payment. There is no reason why you should have to pay for the dealership's mistake. Even if they are reluctant to work with you at first, there is a good chance that they will be willing to do whatever it takes to make your lease payment come out about the same rather than have you return the truck to them and walk away from the deal.

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Kirstie_H · November 2002

A reporter is looking for people to interview for a story on leasing. The market for leases has dropped by half in the past couple of years and they want to see if leasing is still a good option.
Specifically, we're looking for two types of people.
1. A driver who leased their vehicle last time around, got a great deal, and went back in the market recently to find that they couldn't get the same deal, so they bought a vehicle instead.
2. A driver who leased last time around and has recently gotten another lease on a new vehicle.

It would be great if whomever answers is willing to be photographed with his/her vehicle although the reporter is happy to interview people who would rather not be. Please respond by e-mailing mamayn@aol.com. no later than this coming Monday, Nov. 11 by noon ET.

gperr · November 2002

Car_man,

Can you please provide IFS' residual and MF for November for G35 Sedan (leather).

24, 36, 39 & 42 months
12k miles/year

also what % difference in residual for 15k miles/year

Thanks

Gregg

tnguyenmdc · November 2002

Hello,
I've put a deposit on a 2003 Acura MDX Touring/Nav and DVD system. The selling price is at MSRP, which is $42,500, including destination charge. Could you please tell me residual, MF and lease rate. I'm doing 12K miles, either 36 months or 48 months. Also, can you calculate what the monthly payment would be for that above figure at 36 or 48 months. I plan to put NO money down. Thanks so much in advance.

ogbuffguy · November 2002

hey carman, thanks for all your help last time....i think i made the right choice, but now my friend is currently looking at the same set of cars, vw passat GLS 1.8T, Audi A4 1.8T, BMW 325CI, mercedes c320, and a saab 9-3 linear, 15k/36mo....and in so cali, and good deals goin on??? also for my piece of mine what are the rates for a BMW M3 and the mercedes c32 AMG?? i hope the MF didnt go down (i got the C32 by the way) thanks for all your help!!!

bigelm · November 2002

Hi Car Man:

I was directed here to discuss a certain confusion I have about a quote a dealer gave me. I'm in the market of getting a SUV for the wife. We're expecting our first baby and figure the SUV would be the way to go. Anyway, here's the story, I found the KIA Sorento to be a very well equipped SUV for it's class. I got this quote and I'm not sure if it stands....

Lease:
$3000 down, 12k miles/yr., 48 months
$428 month.

Finance:
$3000 down, 5 yr. payment at 6.9%
$461 month.

Now the dealer claimed that the resid is not impressive because financial institutions have not 'priced' the KIA because of it's lack of recognition. My credit is good and I should be able to bring that percentage to 5% for example, but do these numbers sound right? Do you know of any offers that may come with the Sorento in the near future? And... can you tell me what the resid and mf would be on this truck?
Thanks for your help!

footie · November 2002

Hi Bigelm,

We don't see much of Car_Man here on the weekends, so you'll probably get an answer on Monday, early Pacific time.

Car_Man usually needs to know the following for your vehicle:

- MSRP because that is what the residual is multiplied against (less transportation )

- Your agreed sales price, acquisition fee, security deposit

He will also advise you to skip the $3k down since you are exposed to losing your cap cost reductions in the event your leased car is stolen or totaled. The insurance payments go to the title holder not you.

It also helps to know what state you are in, since that affects the taxes that are applied to the lease.

The residual that was used in your lease quote should be on the paperwork you recieved in the quote from the dealer, as should the money factor ( x 24 is approximate interest rate ) and ALL fees.

The Kia Sorento is brand new so lenders don't have a track record on the car for figure residuals. They will tend to low ball it, costing you more. Most likely they'll use Kia's similar vehichles for depreciation which will be substantial.

Even though you didn't ask for advice on the Sorento itself, as a long time car shopper, I always like to see brand new category entries, particularly by manufacturers further down the food chain like Kia, get some time and good reviews under their belts before advising friends to look at them. Kia has made a lot of progress in the last few years, but their real place in the market is still very much a big question. Neither Honda, Toyota, or Lexus will cede any ground to them easily and their resources are vast.

In this price range for example, a Toyota Highlander offers a similar, award-winning package from a proven market leader with a track-record in safe, trouble free products. They are selling for less than $1000 over invoice. Also Honda is discounting the Pilot (about $800 off MSRP) here in Boston, but it tends to be in the high 20's a bit above the Sorento.

If I were working to a tight budget, I'd also consider leasing or buying a low-mileage, Certified Pre-owned Lexus RX300. It's Lexus' most popular vehicle for very good reasons and the car that Kia "copied" in design the Sorento. Many 1999 and 2000 RX300's have or are coming off lease and Lexus dealers usually have a good selection of them.

Good luck.

footie · November 2002

Let's say you got a Sorento at 23K MSRP and you paid sticker (for whatever reason).

Here's a lease at 3K down, it figures 1st month, 1 months payment as security deposit, $500 acquisition fee.

Assumptions are 6% interest which is a money factor of .0025 and a 50% residual, which is very low. A residual on a new RX300 is probably 60%.

Anyway the payment including 5% sales tax would be about $277...If you put $0 cap cost reduction down instead of $3000 the math works out to $343/month.

The dealer profit on the car is VERY high on this deal ($2552), not including kisses from the lease.

Here's the math
MSRP $23,080
Invoice price $21,200
Capitalized Cost (negotiated fair price) $23,080
First months payment $277.69
Acquisition Fee $500
Security Deposit $278
Capitalized Cost Reduction $3,000
Due at signing not including tax/fees $4,055.38
Residual Percentage 50%

Residual Value after 4 years $11,540.00
Term Depreciation $8,540.00
Equiv. Interest Rate 6.0%

Money Factor 0.0025
Monthly Lease Rate $86.55
Number of months 48
Monthly Depreciation $177.92
Pretax lease price $264.47
(this price doesn't include taxes)
State Sales Tax on Payment $13.22 (at 5%)

State Sales Tax on Cap Reduction $0.00 (paid up front below)

Monthly Payment $277.69

Due at signing $4,055.38
Doc fees $100.00
Tax on cap cost reduction $150.00
Total Due at Signing $4,305.38

** FYI KIA dealers automatically make 3% of sticker price (less transportation) called dealer holdback.

Dealer holdback $672
The dealer profit on this car is $2,552

landru2 · November 2002

I could be mistaken, but my guess is that a 48 month residual on a Kia will be much less than the 50% assumption you have made above.

clpurnell · November 2002

I would say the resid would be about 43 or 41%

footie · November 2002

You are both right. Here's 41%

MSRP $23,080
Invoice price $21,200
Capitalized Cost (negotiated fair price) $23,080
First months payment $317.68
Acquisition Fee $500
Security Deposit $318
Capitalized Cost Reduction $3,000
Due at signing not including tax/fees $4,135.35
Residual Percentage 41%

Residual Value after 3 years $9,462.80
Term Depreciation $10,617.20
Interest Rate 6.0%

Money Factor 0.0025
Monthly Lease Rate $81.36
Number of months 48
Monthly Depreciation $221.19
Pretax lease $302.55
(this price doesn't include taxes)
State Sales Tax on Payment $15.13

State Sales Tax on Cap Reduction $0.00

Monthly Payment $317.68

Due at signing $4,135.35
Doc fees $100.00
Tax on cap cost reduction $150.00
Total Due at Signing $4,385.35

bigelm · November 2002

Hey Guys, I GREATLY appreciate your info on this. I'm new to this whole leasing thing and no matter how much research I do, I learn something new.

There's a couple of things I forgot to mention. I live in NJ, the salesperson said the residual would be 38.5%, MSRP is $25,000, invoice + $500 = $23,500. Acquistion fee and cap were 'assumed' numbers per the salesperson based on poor lease programs by KIA.

I'm looking to skip this lease and look into more 'recognizable/reputable' companies. I guess it is a bad turnaround.

I do, however, thank you all for your input. I'll be telling KIA to 'forget it'. Time to look elsewhere... if anyone in the NJ/NY area know of any good leases on SUV's please help me out, thanks again ;-)

ogbuffguy · November 2002

my friend is also looking into 2 more cars.....IS300 5 speed and acura cl 6 speed with navi....so cali 15k/36 months...thanks for all you help....

footie · November 2002

Hi Bigelm,

Your lease with a 38.5% residual and 25/23.5 on msrp and agreed price is $325/month. I can't make the numbers come up to where the original lease was without pumping up the interest rate or making the residual near 0.

For the record it appears that some Kia dealerships are significantly discounting Sorento's already, so the low 38.5% residual is probably real.

Ragsdale Kia in Shrewsbury, MA has a Sorento in today's Boston Globe with a $26K msrp and $4,500 off! That would be about $2250 under invoice. So there's no reason for you to pay invoice+anything in NJ. You aren't more that 5 hours from Boston.

Good luck on your choices. 99 RX's with 60K or less can likely be had at around 20K private and 22K CPO.

bigelm · November 2002

Thanks for the info... Boston huh? I wouldn't mind taking a trip if I don't find anything here... $325 monthly sounds like the area I was thinking.... ;-)

footie · November 2002

Bigelm,
Given that we've had long thread, you want to restate your request to get Car_Man to run the numbers for you too, just to check the ones I got.
NJ location, MSRP, agreed price, cap cost reduction, acuquisition fee, security deposits, residual and money factors and term.
Good luck!

CarMan@Edmunds · November 2002

Hi again Gregg. I haven't seen Infiniti's November lease program yet, but I suspect that I will have had an opportunity to take a look at it within the next couple of days. Please feel free to check back with me in a few and I should be able to help you out. Talk to you soon.

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CarMan@Edmunds · November 2002

Hi tnguyenmdc. I have not seen Acura's November lease program yet, but suspect that I will have had an opportunity to take a look at it within the next couple of days. Please check back with me later on this week for an answer to your question. Thanks.

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CarMan@Edmunds · November 2002

Congratulations on your new car, ogbuffguy. I am glad that I was able to help you out. I wouldn't worry about rates going down if I was in your situation. Neither of the cars that you mentioned, the M3 and the C32, ever have any sort of lease support available on them. So regardless of what specials these manufacturers are running, anyone who wants to lease either of these cars would still have to use their standard lease programs. Any drop in their standard rates would likely be more than offset by the natural drop in residual values that these cars have experienced.

As far as the cars that your friend is interested in go, I believe that the Volkswagen Passat and the Saab 9-3 currently have the most lease support available on them. Let me know if you need any more specific information on their current lease programs.

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CarMan@Edmunds · November 2002

Welcome aboard, bigelm. Let me begin by saying that it has traditionally been in one's best interest to finance, rather than lease Kias. Kias usually have such terrible residual values and high lease money factors that their lease payments are fairly high. So when the salesperson that you are working with stated that this truck's residual values are "not impressive" they were right, but it is not because of banks' lack of familiarity with this truck. Kias residuals are always terrible. So bad in fact, that I usually don't even bother to keep tabs on their lease program. If I was in your situation, I would finance this truck. If your credit is in good shape, there is a good chance that you would be able to finance it at a better rate than 6.9%. Shop around at your local banks, or even at some of the lending institutions that do business over the Internet. Once you have found a good rate, you can apply for pre-approval to finance this truck. There is a good chance that the dealership that you are getting it from will be able to match or beat any rate that you have been pre-approved at.

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CarMan@Edmunds · November 2002

Thanks for the help footie

.

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CarMan@Edmunds · November 2002

I see that you have added two more cars to the list, ogbuffguy. This changes things a little bit. Both the Lexus IS 300 and the Acura CL usually have fairly attractive lease programs available on them. Lexus has been offering supported money factors on the IS 300 for 39 month terms for some time now. Acura is providing a great lease program on the CL, which by the way I personally think is a great car for the money. When you combine the attractive lease program on the CL, with the fact that dealers have traditionally been much much more willing to provide attractive pricing on the CL, than on some similar cars like the TL, one can often get very attractive lease payment son them.

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bigelm · November 2002

You guys have been of great help. The financing issue makes sense and that's what I've been leaning towards, but I'm trying to see if there are any good lease programs for other reliable, comfortable SUV's.

I guess the research will not take a break for now... ;-)

Thanks again.

irishrogue1 · November 2002

i need a 3rd car and dont want to spend more than this amount per month. looking for no money down (other than security and 1st mo payment). 10k per year, 36-42 month lease.

is there anything out there any more like the old jetta $199 lease???

thanks
Sean

CarMan@Edmunds · November 2002

You're welcome, bigelm. I am glad that we were able to help you out.

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CarMan@Edmunds · November 2002

Good morning, Sean. Ahhhh yes, you remember the good old days when leasing was king

. Well, there still are some decent lease deals out there. I usually lease one of my cars. However, the great deals are fewer and further between than they were before banks realigned their residual values a couple of years ago. The least expensive advertised lease that I have seen lately was on the 2002 Suzuki Aerio S at $199 per month and there is a reason why that car is so cheap to lease if you know what I mean. Other leases that I have seen advertised for less than $250 per month include the 2003 Mitsubishi Lancer, 2003 Toyota Corolla, 2003 Mazda Truck, 2003 Toyota Tacoma, 2003 Honda Accord LX, 2003 Mazda Protege, 2003 Toyota Matrix, and 2003 Saturn Vue 4-cylinder 2WD. To arrive at these payments though, most of these leases are for four years, only allow 12,000 miles per year, and require a down payment of over $1,000. I am sorry to say that there really aren't any amazingly cheap leases out there that jump out at me.

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irishrogue1 · November 2002

thanks for the quick response. What about leasing a used toyota or honda? someone else raised it as a possibility. I have only heard of leasing used luxury marques.

maybe a 2 yr old accord or camry....is this something honda or toyota does? i assume the residuals would be decent since the early depreciation has already been taken by the first purchaser/lessee on the car.

tblazer503 · November 2002

you would probably be able to purchase a 2yo Camry or Accord for about $250/mo depending on the trim. Especially with the loan rates being so low.

agalex98 · November 2002

Hey Car man, thanks in advance for all the info you give to us.
Can you tell me the lease numbers on a Mercedes G500 ? I live in CA and I'm looking at 36 or 48 months with 12.000 miles/year.
Thanks.

dayers · November 2002

Hi Car_man,

Checking back on lease info for Audi A4 1.8T Avant. Total MSRP is $30,410.

Could you provide resids and MF for 39 month and 48 month leases (12K). I live in Alabama. Also, if you know other costs (e.g. fees) from AFS that would be appreciated as well.

Thanks

lazura · November 2002

Hi Car_Man,
I appreciate all your information. I need lease information (money factor, residual) for the following vehicles. Also, do the manufacturers of these vehicles have any special loan interest rates so I can compare buying vs. leasing payments. Thanks.

2002 Nissan Altima 3.5 SE (automatic)
2003 Nissan Altima 3.5 SE (automatic)
2003 Subaru Imprezza WRX sedan (automatic)

lazura · November 2002

Car_Man,
I almost forgot. The lease numbers I need are for 3 years/15,000 miles per year. Thanks.

ogbuffguy · November 2002

hey car man, can you give me the MF and residuals for all the cars i asked, we're going car shopping this weekend, the cars are bmw 325ci, mercedes c320, audi a4 1.8t, vw passat 1.8t gls, saab 9-3 linear, is300 sedan manual, and acura cl type s, 15k/36 months, thanks for all your help

CarMan@Edmunds · November 2002

You're welcome, irishrogue1. Used vehicle leases are often offered by high line manufacturers, like BMW and Audi, in association with their certified used vehicle programs. In fact, these manufacturers often provide supported leases through their captive finance companies in an effort to entice consumers to lease certified vehicles. As a result, many of the leases that are available through these programs are pretty good deals. However, this seems to be more of a luxury car phenomenon. Most manufacturers of more mainstream products, like Honda or Ford, do not seem to offer supported leases on used vehicles. Furthermore, most independent banks that offered leases on used vehicles in the past seem to have ceased doing so. Even if there were banks out there that still do offer leases on used vehicles, unsupported leases on used cars and trucks usually are not very good deals when compared to supported leases of new vehicles.

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CarMan@Edmunds · November 2002

Interesting choice in vehicles, agalex98. I have always liked the G-Wagon. I remember seeing one that was imported from Europe many years ago and wondering what it was. It was smart of Mercedes-Benz to start bringing it over here on their own when independent importers had been doing so for years.

From what I hear, Mercedes-Benz has continued their October lease program indefinitely. I am however expecting them to announce a revised program any day now. So for now, I will provide you with information on their most recent program. Please feel free to check back with me in a few days to see if they have made any revisions.

If you were to lease a 2003 Mercedes-Benz G500 through Mercedes-Benz Credit Corp. right now for 3 years with 12,000 miles per, their base lease money factor and residual value for consumers who qualify for their top credit tier should be .00285 and 62%, respectively. The 4 year numbers for an otherwise identical lease should be .00285 and 55%.

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CarMan@Edmunds · November 2002

Hey dayers. Here is the information that you are looking for. If you were to lease a 2003 Audi A4 1.8T Avant through Audi Financial Services this month for 39 months with 12,000 miles per year, their base lease money factor and residual value should be .00255 and 59%. Their 4 year numbers for an otherwise identical lease should be .00265 and 55%, respectively.

When you sign to lease this car, you are going to have to pay its first month's payment, a security deposit of that payment rounded to the nearest $25, an acquisition fee of $575, and any sort of down payment that you decide to make (you are best off not making any).

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CarMan@Edmunds · November 2002

Hi lazura. Let's take a look at the lease programs for the cars that you are interested in. First, if you were to lease a 2002 Nissan Altima 3.5 SE through Nissan Motor Acceptance Corp. this month for 3 years with 15,000 miles per, their base lease money factor and residual values should be .00222 and 50%, respectively. The numbers for an otherwise identical lease of a 2003 Nissan Altima 3.5 SE should be .00260 and 53%, respectively. Last but not lease er uh I mean least

, we have the 2003 Subaru Impreza WRX Sedan. If you were to lease this car through Subaru's captive finance company for 3 years with 15,000 miles per, their base lease money factor and residual value should be .00235 and 52%, respectively. Good luck shopping for your new car and please let me know if you have any other questions.

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CarMan@Edmunds · November 2002

Hi again, ogbuffguy. Here are the 3 year 15,000 miles per lease numbers for the cars that you mentioned if you were to lease them through their captive finance companies right now: 2003 BMW 325Ci = .00225 and 60%, 2003 Mercedes-Benz C320K = .00250 and 55%, 2003 Audi A4 1.8T Sedan w/quattro = .00255 and 61%, 2003 Volkswagen Passat 1.8T GLS Sedan = .00155 and 56%, 2003 Saab 9-3 Linear = .00167 and 53%, 2003 Lexus IS300 w/manual transmission = .00235 and 51%(this is a special 39 month lease), 2003 Acura CL = .00130 and 54% (this is a great deal).

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moelexx · November 2002

I can't thank you enough for the information you provide to me and everyone else on this post. As you might know, next month I give back the 99 Lexus GS 300 which I leased for 665 a month (including tax) with only first month and $500 security down. I feel like I might have paid a little to much, well it was my first lease, so I guess I was a novice. I might be interested in leaseing a BMW X5 3.0 Jeep. When I e-mailed Prestige BMW in NJ, they responded back with there best 39 month lease program with 62% residual with 10K miles a year. What do you think about this? Also, if you can give me a ballpark figure as to what my monthly payments might be in the range of? I'm hoping it won't go over $500/month. Thanks again Car_Man.

CarMan@Edmunds · November 2002

Thanks for the kind words, moelexx

. I can tell you exactly what sort of lease program BMW is offering on the 2003 X5 right now. If you were to lease a 2003 X5 3.0 through BMW Financial Services this month for 39 months with 10,000 miles per year, their base lease money factor and residual value should be .00245 and 62%, respectively. I would be more than happy to calculate a sample lease payment on this truck for you, but would be able to give you a much more accurate number if you would provide me with the full MSRP and selling price of the truck that you are interested in. For now, I will use the numbers that are available here at Edmunds.com. OK, using the above lease program on a 2003 BMW X5 3.0 (MSRP: $40,195 and Cap Cost: $40,195 - Edmunds.com TMV) according to my calculations you would have a zero down, pre-tax monthly lease payment of $551. A $500 discount would reduce this payment to $537 and a $1,000 discount would reduce this payment to $523. Naturally a more expensive truck with more options would be more expensive to lease. Unfortunately, the only way that you will likely be able to get this truck's monthly lease payment to fall below $500 per month is to make many additional security deposits on it to buy down the money factor and even then if you have a truck with more options I am still not sure if you would be able to get to a payment that is that low.

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moelexx · November 2002

Thanks for the info Car Man, I'm currently in negotiations with Prestige BMW of NJ. The truck I want is the X5 3.0 with Auto, and powermoonroof. (It already comes with a cd player) I also hear the leatherette is softer and looks just like original leather, so I will save $1,450 there. The total Invoice with the 2 options I want is $39,005... although BMW is telling me the true invoice is $39,400.. they claim there are some fees that are not included on the net. Total MSRP is $42,520. I offerred $40,762 and they came back with $41,500. I'm trying to Lock in at $41k flat.

moelexx · November 2002

When signing up for this lease with BMW, I would like to show them I just finished a 39 month lease on the GS 300. Although my mother was the primary name on the lease, I was the secondary and made all the payments. How can I prove to them that I was the one paying off the lease? I ask this because I want to lease on my own. People tell me that I'm almost guranteed a lease on my own if I can show I paid off the other lease. Have you heard of anyone in my situation before? Carman, thanks again buddy.

bigelm · November 2002

I can say that if it's true that you can prove your payments for lease owning, then your checks (if you paid by checks) will be proof enough. Or any document(s) that reflect fulfillment of payments.

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