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Finance & InsuranceLeasing Risks Scare LendersLeasing Risks Scare Lenders
For lenders, leasing is not the most expensive form of auto financing, but it is one of the riskiest. So says financial expert Himanshu Patel, explaining why most banks have stepped away from leasing, leaving it mainly to auto makers' captive financing arms. But even some of them limit their activity or stay away altogether. Leasing gives financial institutions pause because it poses a double risk,