Autos: Cracking down on fraudulent car leases
A big boom in automotive leasing is producing a big boom in automotive-lease fraud, and state attorneys general are spearheading efforts to curb abuses.</br></br>The problem: Most leases don't disclose either interest rates or the</br></br>"capitalized cost" of a vehicle -- that is, the price the finance</br></br>company pays for the car it will lease to the customer. Leases do</br></br>disclose the cost of backing out early, but in such a complex way that