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<insert witty title here>
Join Date: Nov 2004
Location: Hamilton, Ont.
Posts: 7,000
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This is to transition out of the car business, so there would be little to no mortgage. Well, there would be mortgage at first, but as leases finish, it would be paid down very quickly, within 3-4 years I expect. Lease portfolio is about $6-700K, and most are 3-4 year terms, so as those wind down it would be transferred over to pay out the mortgage.
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Current: 1987 911 cabrio
Past: 1972 911t 3.0, 1986 911, 1983 944, 1999 Boxster
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