[Franko666]

In these days of madness surrounding the coronavirus has anyone spoke or heard from their lease company regarding postponing your monthly lease payment?
I would imagine a lot of us may be laid off for a few weeks and without regular income could struggle to make payments.
I know banks are offering holiday payment on your mortgage so should lease companies follow suit?

[isleaiw1]

Originally Posted by Franko666

In these days of madness surrounding the coronavirus has anyone spoke or heard from their lease company regarding postponing your monthly lease payment?
I would imagine a lot of us may be laid off for a few weeks and without regular income could struggle to make payments.
I know banks are offering holiday payment on your mortgage so should lease companies follow suit?

They could but they also own an asset where the market values have collapsed so they stand to make big losses..

Although on the upside, if they crystallise a loss if they press you and terminate the contract, deferring payments may be the best approach for them too....

[Andy-1878]

Originally Posted by Franko666

In these days of madness surrounding the coronavirus has anyone spoke or heard from their lease company regarding postponing your monthly lease payment?
I would imagine a lot of us may be laid off for a few weeks and without regular income could struggle to make payments.
I know banks are offering holiday payment on your mortgage so should lease companies follow suit?

They have done. We took it up, just to help cash flow but have now chosen to re-instate payments. Not sure who you're with but Alphabet have been brilliant about it.