On Mon, 8 Jan 2018 12:10:47 +0000, Roland Perry
wrote:

In message
-sept
ember.org, at 11:23:18 on Mon, 8 Jan 2018, Recliner
remarked:

I'm assuming

Well, there you go.

Well, it's a pretty safe assumption, and you don't have any facts,
either.

TfL certainly wouldn't want to commit to a lease longer than the
minimum expected life of the fleet in question. The actual life is
probably much longer. TfL will then be in a position to pay a much
lower price for any extension lease or re-purchase -- which would
cause the bank to charge more for the lease.