[Reverend Wright]

“If there is no real news.....make something up.”

Fair point, it is only a rumour, and is identified as such.

But it makes sense, if you were a bank, would you write a 60 month loan for a GM car? What residual do you assume in case of default?

[John Galt's cousin]

Point taken, but aren't banks still looking at the credit-worthiness of the borrower? If most of us went to borrow money, the form of the collateral is minor. the lender knows we pay our debts, even if the car might be worth less than the balance at a point in time.

On leasing, I am not so sure, as whoever gets the car when the lease is up will be very concerned about the projected value at that time.

Has anyone researched the values of vehicles coming off lease? I suspect thee may be some low mileage bargains to be had.

[bert]

It is but a rumor but many say that Michelle, my Belle, is a carrier of syphilis. She no longer has relations with her husband and is in fact a national security risk.