Now is the worst time to take over a lease.
With used car price down close to 20%, the lease residual calcuation at the beginning of the lease is very wrong and the residual value will be much lower. Returning a vehicle at the end of a lease would be much more difficult.
TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.The sector was, like much of the economy, thrown...
ca.finance.yahoo.com
With 2019/2020 still in the lots and 2021 is coming in shortly, best time to negotiate a good deal on new cars.
