It appears that the example you mentioned earlier may not be entirely relevant to the original topic of One-Pay leases. From what I gather, the situation you described where a customer's funds were held or used was due to MSDs and not any aspect of a One-Pay lease. Therefore, it seems reasonable to assume that One-Pay leases are generally safe and secure in the event of a total loss. However, if you have any evidence to the contrary, I would be happy to discuss it further.

 

I’m not going to continue to go around and around about this, other posters have provided articles saying the same thing I’m saying, if you refuse to believe us there’s nothing we can do for you, but we can advise others who might be open to the possibility that this risk exists.

 

I believe that anyone who reads our conversation can come to a reasonable interpretation of the ideas presented. It's not about convincing someone to believe in a particular viewpoint, but rather about analyzing data and seeking evidence to support the presented scenarios. By keeping an open mind and considering all perspectives, we can arrive at a more informed and well-rounded understanding of the topic at hand.

 

You should take your own advice lol

 

Trying to command adamance may seem like a way to make a message more powerful, but it ultimately undermines credibility and weakens the argument. Instead, presenting a message with clarity, respect, and openness - that's what truly makes people listen."

If you really want someone to listen, keep telling them they aren't hearing yoU!

 

https://www.leaseguide.com/articles/prepaid-lease/

https://leasewizard.us/the-one-pay-lease

Just do some Googling and read what is out there with an open mind. Like it or not there is risk here.

 

There should be a disclaimer stating the risks involved in reading this exchange, such as the possibility of getting a headache, becoming more confused, or receiving misleading information.

My last word on the subject is that it doesn't matter what is said; mindsets will be what they are.

Both one-pay leases and traditional 36-month leases come with the same level of risk. The contracts hold you to the same financial obligations and terms and conditions. It's important to understand that there's always some risk involved in any financial agreement. When you enter into an agreement, the other party will want you to uphold it, and you risk having to pay for the car or other obligations. This can happen whether you pay upfront or over time. So there's a "risk" that you may have to pay, but it's not accurate to say you're "losing money" – you're simply fulfilling your financial obligation. It's important to know the difference between a one-pay lease and a down payment. Security deposits are not relevant to this topic. To better understand these concepts, do your homework and research. Keep in mind that listening to anyone on a public forum has its own risks. The only person at risk is someone who doesn't do their research and advocate for themselves. If your car is totaled and you're paying monthly, the bank will still want their money. This is a risk that comes with any financial obligation. Regardless of whether you entered a one-pay or traditional lease, you may still be required to fulfill your financial obligation. However, it's important to remember that the bank wanting their money isn't because of any nefarious plot. So at the risk of any more comments or ways to spin this, I am officially retired from this conversation. It's safe to assume that most of those reading this are intelligent enough to perceive the subtle undertones and come to their own conclusions about this conversation. In any case, I've decided to discontinue engaging with this situation because it's insatiable and persistent in its demands, constantly craving more attention and energy. If you don't satisfy its cravings, it will continue to pester you like that one friend who always asks for money. We all know how risky that can be - you might never see that cash again. So, perhaps you're right - it's best to avoid lending money altogether to prevent getting burned.

 

You keep saying that, but that’s just not necessarily true. I and others have provided multiple articles from reputable sources that say that. You’ve provided nothing to back up your position that we and the authors of these articles are wrong other than your own assumptions.

The difference between the risk of a one pay or monthly lease is that with a monthly lease you can simply stop paying. With a one pay lease they already have your money, that’s a big difference.

 

It seems your argument is that you can simply stop paying. Is that correct? Let me know how that works out for you. I wish you had made this clear earlier, as it would have helped me understand your mindset and saved us a lot of time. WOW!

BTW, I not only worked in the auto industry for Toyota for many years, but I've also completed over ten One-Pay leases and I have consulted with actual experts on the subject, including GMs and GSMs with Lexus, MB, and Honda. Your conjecture, and to be honest, lack of real evidence on the actual subject, is very revealing. You've done a great job of proving my points. So, thank you for that, and with that being said, I can't see more that needs to be said.

If I felt like there was something to be gained from continuing, I would but there isn't. Your response above sums up the validity of a big part of your defense and speaks to your credibility. So you keep doing you.

 

I didn’t write the articles I and others posted. Why do you have to make this personal? You posted your viewpoint and I posted mine, best to just let it go.

 

I think guys this back and forth is not really accomplishing anything. People can do their own research and determine which lease type works best for their personal needs. As this thread is about your new EQS, we should probably stick to that, as I'm sure you have to lot to share about your new car. A separate thread on leasing would be a better idea if you guys want to continue this discussion. Just my 2cents

 

This is actually a thread about the EQS in general not specific to his EQS.

 

OK, I see, it's an older thread. I stand corrected

 

I haven't seen any on the roads yet.

 

They are all over California, especially SoCal

From Merced's:

Electric Vehicles (EQ) sales growth of 284% in Q3 2023 compared to Q3 in 2022 with 10,423 units

That's 14 percent of total sales

https://media.mbusa.com/releases/rel...90011-vehicles