AUTO VALUE LEASE v. AMERICAN AUTO

No. 11762-2-II.

57 Wn. App. 420 (1990)

788 P.2d 601

AUTO VALUE LEASE PLAN, INC., Appellant, v. AMERICAN AUTO LEASE BROKERAGE, LIMITED, ET AL, Respondents.

The Court of Appeals of Washington, Division Two.

March 28, 1990.


Attorney(s) appearing for the Case

Gary M. Georgeff, for appellant.

Don M. Gulliford and Don M. Gulliford & Associates, for respondents.


REED, J.

A corporation that purchases an automobile, together with the lessor's interest in an existing lease thereon, is not a "retail purchaser," entitled to recover against the dealer's surety bond pursuant to RCW 46.70.070. The trial court so held; we affirm.

American Auto Lease Brokerage, Limited, d/b/a Americorp Financial (Americorp), agreed to purchase a new Toyota Celica automobile and to lease it to Dr. Klein for 5 years, with an option to purchase...

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