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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)

Citation
Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)
Parent Document
Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)
Jurisdiction
Kentucky (state)
Effective Date
1989-10-20

Other Sections in This Document (35)

Full Text

511 chars
Neither did Moore agree to insure the lease end, <or residual, value of the car. There was no provision in the lease agreement that would obligate Moore to pay the lessor the difference, if any, between the proceeds actually realized upon its sale and the anticipated residual value agreed upon between Paducah Ford and Ford Credit at the time the lease was entered. Thus, as a matter of law, the damages awarded Ford Credit are erroneous and the matter must be remanded for the proper determination of damages.