issue 131 october 2 2006 sharon mcgarvey cfa cpa senior vice president 212 806 3261 smcgarvey dbrs com michael nelson managing director 3251 mnelson andrew jones 3250 ajones quincy tang rmbs 3256 qtang christopher o connell credit cards & consumer lending 3253 coconnell david hartung slabs 3269 dhartung bernard maas 3258 bmaas toronto 200 king street west suite 1304 on m5h 3t4 canada 416 593 5577 new york one exchange plaza 55 broadway 1502 ny 10006 usa 3277 chicago 101 north wacker drive 100 il 60606 312 332 3429 london 75 cannon ec4n 5bn united kingdom 44 0 20 7556 7392 frankfurt trianon tower mainzer landstrasse 16 60325 germany 49 69 971 68 144 paris 27 avenue de l opéra 75001 france 33 1 70 38 52 14 auto lease residual value volatility a primary factor impacting values is the overall level of supply and
