Interesting note. ---A bit long--- - Saab General Bulletin Board - Saabnet.com
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Interesting note. ---A bit long---
Posted by Jim Moncrief [Email] (more from Jim Moncrief) on Thu, 23 Jan 2003 15:48:05
In Reply to: Not really. There is one policy that names the, Terraplanem, Thu, 23 Jan 2003 13:00:40
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GM is going to change the lease in some states (including NY). The new agreement will appear to be a finance agreement with a balloon payment at the end. The lessee will have the option of turning in the car or paying the balloon payment. This will eliminate the duplication of liability insurance (as lenders are not libel) but will cost the lessee some additional taxes.
Well done GM.
Now, if we could only get liability insurance for each driver instead of each car.
posted by 65.164.206...
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