LAS VEGAS AUTO LEASING, INC. v. DAVIS

No. 12409.

643 P.2d 1217 (1982)

LAS VEGAS AUTO LEASING, INC., Appellant, v. Raymond DAVIS and James E. Davis, dba Desert Auto Wrecking, Respondents.

Supreme Court of Nevada.

April 28, 1982.


Attorney(s) appearing for the Case

Reid & Alverson, Las Vegas, for appellant.

Stanley W. Pierce, Las Vegas, for respondents.


OPINION

PER CURIAM:

Appellant and respondents entered into a written contract in which appellant purported to "lease" a motorcoach vehicle to respondents. Appellant repossessed the vehicle following respondents' default on the payments required by the agreement. Pursuant to the terms of the contract, appellant sold the vehicle for the wholesale price, leaving a deficiency equal to the difference between the sale price and respondents' maximum liability as...

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