Daley Mack Sales Inc. v. Klink

COFFROTH, P.J.,

The

chief issue in this assumpsit action, tried non-jury, is whether or not the motor vehicle “Equipment Lease” upon which this action is brought by plaintiff “lessor” against defendants “lessee” for unpaid rentals, is a true lease or is in reality a sale subject to the Motor Vehicle Sales Finance Act of 1947, P.L. 1110 as amended, 69 P.S. §§6601 et seq, hereinafter called Act or MVSF Act.

The “Equipment Lease” is dated March 19,1977, and is in form a true lease by plaintiff to defendants of a tractor and trailer therein described, for a rental of $829 per month for 36 months; it…