Now Comes The Secondhand LeaseDavid Woodruff
It was bound to happen: The auto leasing boom has begun to spill over on to used-car lots. With about 2 million two- and three-year-old vehicles coming off lease this year, some auto makers are cranking up leasing programs to help unload them. To make the cars more alluring, they're offering extended warranties and roadside assistance. Some have even started subsidizing leases to lighten monthly payments.
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