Aren’t you the one who dislikes strawman arguments?
Because you just made one…
There is both a hypothetical lease and insurance contract at play, how would a personal loan argument ever make that point?
And as @mllcb42 patiently explained to you, we’ve looked at countless examples here over the past several years, with real contracts, and occasionally argued with lawyers about it. People have reported their outcomes after the fact, and if you spent as much time reading as posting (hopefully talking to Siri or an AI assistant and not typing), you’d see proof.
Experience here would teach you that insurance (and tax obviously) varies by state, and the lease agreements are different by captive, so, if your point here was a concern, you would’ve asked it in your first post, and not first written 7 replies with so much conviction that was dependent on that point.
In fairness’s, 2 of those first 7 replies were saying you were reporting disagreement to mods and making a poor news outlet misinformation joke.
If you’re trying to express your opinions, swell, but expect disagreement when they are wrong — you may not know why they aren’t, but if they are someone will explain it, none of us currently lives in all 50 states and leases from every single captive since their standard lease agreement got revises. And understand that your wrong opinion isn’t helping someone else who came here for help.
All of that said:
Is the correct answer
And OP can do whatever they want, but they shouldn’t apply their trade equity as a CCR.
And if @Eric51 disagrees, he is welcome to search LH for all the “bank stole my equity” posts since 2020 and reply here with links to each of them, there is probably 1000+ replies distilled here into the best recommendation to OPs question.