[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.

[Jeff Chandler]

There haven’t been any good lease deals for quite some time, so there aren’t any cars coming off lease. That’s what I was told by the local Chevy dealer, and I know there aren’t any good leases out there now without a larger down payment.

That being said, The 2008 Silverado my daughter bought came with $5500. in factory rebates, so buying was the best way to go anyway.