Matt,
While I would assume the resale market is increasing due to people’s natural tendencies to tighten up (i.e. If I were in financial constraints, would I purchase a 2007 Altima with a few miles vs. a 2009 for 17K or so more?), I still don’t get the leasing aspect in the past IF resales were historically lower today.
Also, I didn’t even get into the repair aspects of a car, which during that lease, that got into an accident! Yeah the car is fixed, but at what cost? Who the hell buys a 3 year old car that has been totally reconstructed for anywhere near the value that we were talking about?