What are the disadvantages of choosing the lease? Check all that apply.

I do not have enough money for the down payment.
I must make sure not to drive more than 10,000 miles a year.
I will pay a higher price for the car.
My monthly payments will be higher.
I will have to buy another car in three years.

Respuesta :

Answer:A,B,E-1,2,5

Explanation:

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.

The correct options are a, b and e

a. I do not have enough money for the down payment.

b. I must make sure not to drive more than 10,000 miles a year.

e. I will have to buy another car in three years.

What do you mean by lease?

If a lease gives the lessee ownership of the assets, it is referred to as a finance lease. An example of a financing lease would be an automobile lease, where the lessee makes recurrent payments to the lessor and receives ownership of the vehicle after a set amount of time, say five years.

There are a number of drawbacks for the lessor when renting out a building or asset, including the following:

Price Increase Has No Benefits.

Loss of User Benefits Causes Increased Costs.

Marketplace rivalry

Investment for the future.

Money management.

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