Have you ever noticed the phenomenon of lower-income people driving quite nice cars in Japan?
Often, these individuals have taken out residual credit loans. Essentially they are only paying down the depreciation of the car over the time they drive it. The catch is that
A. There are onerous penalties for any damage, even the most minor scratches.
B. There are serious limitations on millage.
C. They are left with nothing at the end of the lease term, and few have the money to buy out the car.
There is an upside. It has created an amazing used car market in Japan.
Souces-
トヨタ＆残クレ＆マイルドヤンキー
https://philipbrasor.com/2025/08/24/media-watch-loan-or-lease-you-pay-for-it-all-in-the-end/
by Choice_Vegetable557