Speaking to a chap today who’s coming out of a 3 or 4 year business lease which is due to end in November, he was talking about speaking to the lease company as he feels the value of the vehicle (2nd hand value) has now sky rocketed over the past few months and the estimated depreciation they would have worked out his monthly’s on is now far less. Not sure what he’s hoping to achieve (probably some kind of compo) other than winding himself up but he’s convinced that it has the potential to be the next PPI.
Surely this is just a case of the lease companies good fortune that prices have gone up as the market dictates, when the lease was taken out it wasn’t like that and prices could have gone vastly the other way.
Anyone agree or is he just talking rubbish...I know my opinion.
FFF