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24 April, 20:24

Jim wants to buy a car, but he'll probably only need it for a couple of years. He has a short commute to work, so he won't be putting many miles on his vehicle. What's the best transportation option for Jim?

A Use his savings to buy the car in full

B Buy the car using an auto loan

C Lease the car

D Take public transportation

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Answers (1)
  1. 24 April, 22:49
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    The correct option is C

    Explanation:

    As Jim want to bought a car but needed for a couple of period and also he has to commute to work but will not be used for many miles. Therefore, the correct option would be to lease a car because leasing will provide the person all the benefits which he want from that particular asset, as it grant the the party right to its exclusive possession for a particular period under stated conditions, in return for periodic rental.
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