Help! Doug: Why Are Auto Lease Details Kept Secret From Consumers? Page 2

August 5, 2010

2010 Nissan Titan

That bill passed the Colorado State Senate committee, but was killed in the House committee as lobbyists argued against it.

Even in light of the potential abuses, I am not fundamentally against leasing. In fact, I would agree that if your accountant says that leasing would work best for you, you should lease. However, when I negotiate a lease for a client, there are certain things that I require of a dealer before I approve any lease I present to a client.

It is true that some clients don't really care to know the details, or go so far as to see the lease calculation spelled out in an easy to understand format. However, I believe that every consumer should have the right to see the calculation if they wish, so that those who want to see the details see can them, and confirm that everything, including and especially the vehicle sale price and interest rate are fair and reasonable. 

There's a lot more to leasing that I cannot fit into the space of this article. If you want to get more specific about any aspect of leasing, call me at 303-888-8889. I won't charge you anything for the 10 or 15 minutes of discussion that will address any other leasing related questions you might have.

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