Brad,

With a lease, you still have to maintain the car and repair it when it goes 
wrong. I know because I have leased. Although a lease I got in Toronto in 
the fifties covered maintenance too. But I paid extra - like an insurance 
premium.

Detroit used to make more money from parts and service than from selling 
their cars.

Then came competition from Japan. Better cars at a cheaper price. However, 
I bought a VW Rabbit because they gave 24 months "bumper to bumper" repairs.

I changed to a Toyota because they provided a 36 month "bumper to bumper" 
repairs. I figured they couldn't afford 36 months of repairs if the car 
needed them.

The first Toyota Station Wagon I got I liked and kept it for 8 years. Up 
until then I would buy a new one every 3 years and depreciate it to zero.

During the 8 years, I didn't even replace a light bulb.

The second one I've had for 7 years, and I have replaced a light bulb. 
Because of these Japanese cars, Detroit has had to produce good cars.

It's called competition.

Incidentally, both were station wagons. The one I have seats 7 and has 
plenty of room for lumber and suchlike. It isn't as high as a SUV but it 
gets 30 miles to the gallon.

Harry

-------------------------------------------

Brad wrote:

>[EMAIL PROTECTED] wrote:
>[snip]
> > SOUNDS GOOD.  SORT OF LIKE TAKING OUT A RENTAL CAR.  TAKE CARE OF IT OR
> > ELSE.
>
>This is exactly one of the ways I have thought
>this could be done:  If Generic Motors sells
>me a car, then there interest lies in
>me going back and paying for repair and in
>my needing soon to buy a new one.  But
>if Generic Motors *leases* me the car,
>then their interest is for the car to have no
>repairs.  Also note that the leasor will
>have more of an interest in letting a car
>go only to worthy customers than will a seller,
>since the leased vehicle comes back to the
>leasor bearing deep impressions of the
>moral character of the leassee.
>
>This doesn't sound at all utopian to me.
>
>\brad mccormick
>
> >
> > How about it, folks:
> >
> >     No rights without responsibilities.
> >
> > And, my belief:
> >
> >     A thing of beauty is a responsibility forever.
> >
> > As it is now, ownership is a license to destroy, and
> > some persons are rich enough to be able to
> > enjoy potlatching (yes, I choose this wor on purpose to
> > indict a certain non-white-European-male ethnic custom...), etc.
> >
> > Private property can perhaps be reconstructed to be
> > both socially and individually rewarding.
> >
> > THEORY TELLS US IT CAN BE DONE, PRACTICE DEMONSTRATES OTHERWISE.
> >
> > \brad mccormick
> >
> > --
> >   Let your light so shine before men,
> >               that they may see your good works.... (Matt 5:16)
> >
> >   Prove all things; hold fast that which is good. (1 Thes 5:21)
> >
> > <![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED]
> > -----------------------------------------------------------------
> >   Visit my website ==> http://www.users.cloud9.net/~bradmcc/
>
>--
>   Let your light so shine before men,
>               that they may see your good works.... (Matt 5:16)
>
>   Prove all things; hold fast that which is good. (1 Thes 5:21)
>
><![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED]
>-----------------------------------------------------------------
>   Visit my website ==> http://www.users.cloud9.net/~bradmcc/

******************************
Harry Pollard
Henry George School of LA
Box 655
Tujunga  CA  91042
[EMAIL PROTECTED]
Tel: (818) 352-4141
Fax: (818) 353-2242
*******************************


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