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December 1, 2014

Calif. Cities Cease Washing Cars During Drought

The cities of Malibu, Santa Monica, and Burbank have agreed to stop washing their fleet vehicles to help save water at a time when California is experiencing one of the worst droughts in the state's history.

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The name given in the UK to a lease financing arrangement where the vehicle appears on the lessee's balance sheet and where the lessee has the option to purchase the leased asset at the end of the lease term for a nominal amount.

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