Compare the costs of buying and leasing a new vehicle. What are the advantages of buying the car? A. I have enough saved for the down payment. B. There are no mileage restrictions. C. The price of the car is less. D. The monthly payment is less. E. I will own the car in five years.

Question

Mathematics

Hope Valdez

17 August, 07:17

Compare the costs of buying and leasing a new vehicle. What are the advantages of buying the car? A. I have enough saved for the down payment. B. There are no mileage restrictions. C. The price of the car is less. D. The monthly payment is less. E. I will own the car in five years.

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Answers (1)

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Alberto Lambert · Answer 1

Answer: B and C

Step-by-step explanation:

By virtue of its cost, buying a new car is cheaper than leasing it.

The advantages of buying the car are that it is cheaper compared to leasing it. One of the most important things is that when you buy the vehicle, you are having a cheaper price to pay compared to leasing it.

Also, the mileage is not going to be restrictions. The mileage of a vehicle speaks much about how it is going to perform while using it. Since the vehicle is newly bought, there is a cost-saving from a minimal amount of maintenance. These two options make it an advantage to buy a new vehicle rather than leasing it.