Subj : car locks/fobs
To   : MIKE POWELL
From : Rob Mccart
Date : Tue Oct 07 2025 08:02:13

RM>> When dealers have too much stock they will do any number of things
  >> to move cars off the lots. I've definitely seen 3 year leases and
  >> my car was a return from a lease after 3 years. I assumed it was
  >> at the end of the lease but I guess I can't be certain.

MP>Both of the cars I leased, in the 2010s, were 3 years.  I assumed that was
  >standard, at least here in the US.

I think it is a lot more common in recent years than in the past.

Way back the leases ran for 5 years or so and the cars were almost
useless/worthless by the time they came back to the dealer as,
especially back then, it was mostly people who drove a Lot that
were leasing cars.

I remember way back when my father was in industrial sales he
would occasionally have his 5 year lease terminated early by
the leasing company because they didn't want it to have 100,000+
miles on it when they got it back.

These days it's often a way to drive a new car without needing
a lot of money up front to buy it. In the long run, if you just
keep getting a new 3 year lease afer the last expired, it costs
you more than buying a car but, again, new car every 3 years and
selling a car you bought every 3 years would probably cost you
more since they drop so much in price those first few years..

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