it means they owe more on the van then it's worth, and they also owe for the
excess mileage
Punch,
Alive and well.....
.
----- Original Message -----
From: "yllwdkta" <yllwdkta@insight.rr.com>
To: "DML" <dakota-truck@buffnet.net>
Sent: Tuesday, July 17, 2001 10:02 PM
Subject: DML: leasing help...anyone understand
> My parent are leasing a 98 grand voyager which is over on it's miles.
They
> want to trade it in so b/c it's mileage. The dealer keeps talking about
> they have negative equity built up on the van...how it's leased. Can
anyone
> explain. They are trying to lease another van or possibility a Quad cab
DAK
> or a liberty from the same dealer. Does this make any since.
> Tim Althoff
> http://www.angelfire.com/oh3/yellowdakota/index.html
> 99 Solar Yellow RC V-6 Manual
>
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