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Batman,

First of all what is TMH? Toyota's fincance company is TFS. Secondly you have no clue as to what you're talking about! Lease rates at one time or another are subsidized by every lift truck/finance company. It just so happens that since Toyota owns it's own finance company and does everything in house, that it has better control over the entire process. The residuals are set by Toyota some of the time and other times dealers will set the residuals and guarantee the residual amount. This is done to get the deal, but the dealer is on the hook for the residual. EVERY MAJOR LIFT TRUCK DEALER DOES THIS!!! The expected condition of the forklift when it's returned is clearly spelled out in every lease when the customer signs it. The condition language is the same on every lease agreement regardless of the manufacturer Toyota, Nissan, Yale, Cat, etc...

Batman it seems that you have been trapped in your own little corner of the world for a long time. Looking at the shear volume of your posts some might say "It's better to remain silent and be thought a fool than open ones mouth and remove all doubt".
  • Posted 28 Dec 2007 10:53
  • By Toyotaman
  • joined 5 Apr'07 - 56 messages
  • Rhode Island, United States

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