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It Wasn't Supposed To Be 'Lease For Clunkers'
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Last year, people were practically pushed into trading their "clunkers" in with the Cash for Clunkers program, and many were urged to take advantage of the deal where you traded your clunker in, got a $4,500 credit, and leased a new car, as long as you took a five-year lease. Now, the lessees are realizing that they're stuck with their cars for four more years, the payments are now due monthly, and if you break the lease, you owe it all right away. So, suddenly, it's not such a good idea, huh? (Orange County Register)
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