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I was quoting real world experience. A company leased 7 Toyota's valued at approximately $65k each, about $455k worth of lift trucks. The lease was never picked apart under a microscope and when the end of lease came around the purchaser was at another company. The company returning the trucks was liable for paint, pedal pads, seats, oil leaks, brakes, etc. The trucks had to be in the condition that they were delivered. I suspect the purchaser had a great rapport with the truck sales person. The lease was probably looked at by in house legal staff but just for general legal terms, payment terms, etc. not picked apart under a microscope to make sure that you weren't going to be cheated and ripped off. It is unfortunate but today's business ethics make it mandatory to check over everything with a fine tooth comb.
  • Posted 25 Feb 2008 06:44
  • By batman
  • joined 29 Nov'07 - 119 messages
  • Pennsylvania, United States

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