< 1 min read

Why Exotic Lease Takeovers and Rentals Often Fail

exotic car financing

Featured Expert

Jim Koscs,
Audamotive Communications

Ed Bolian,
Founder of VINwiki

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PFS CEO Shares Why Lease Takeovers Rarely End Well

As Mitch Katz points out, lease holders are always responsible for what happens to the vehicle. Cars that are “sub-leased,” or used for exotic car rentals, often are not serviced properly, and typically experience extensive wear and tear and high mileage; reducing the value of the car. Sometimes those cars are never returned. Mitch explains how to avoid those costly problems.

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