Car Financing

Which statements apply to leasing a car?

The correct answers are : There are mileage restrictions on the car, you must return the car after the lease ends and there are penalties for ending the lease early. The process of leasing a car involves paying the difference between the current price of a car and the expected price of a car by the time the lease ends.10 fév. 2019

Contents

Which questions should someone ask when deciding whether to lease or buy a car?

Will I use it more than the allowed lease mileage? How long do I want the car? How much do I want to spend? How much do I like the car’s options?23 mai 2018

Is leasing a car like renting?

(AOL Autos) — Car leasing is a lot like renting an apartment; you pay a monthly fee to use it but don’t own it — and aren’t making payments toward ownership. The leased vehicle remains the property of the lessor — the company that issued the lease. … — when you return it at the end of the car leasing term.25 fév. 2009

What is advertising used for check all that apply?

Answer: influencing consumer tastes, increasing product awareness,promoting company branding is the correct answer. Explanation: advertising is used for influencing consumer tastes, increasing product awareness,promoting company branding.14 juil. 2019

What are the disadvantages of choosing the lease?

The main disadvantage of leasing is that if you keep trading for a new car at the end of every lease, then you’ll constantly be making payments and never actually own anything.22 avr. 2020

Which activity is done in step two of comparison shop?

Which activity is done in Step 2 of comparison shopping? Assess the purchase objectively.

See also:   Is january a good month to lease a car?

What questions should someone ask?

1. Who is your hero?

2. If you could live anywhere, where would it be?

3. What is your biggest fear?

4. What is your favorite family vacation?

5. What would you change about yourself if you could?

6. What really makes you angry?

Which strategy best helps a famous brand?

Which strategy best helps a famous brand company reach consumers? benefit.

Which strategy best helps a famous brand reach consumers?

the strategy that best helps a company reach their consumers is: National Advertisement.2 mai 2017

What happens if you crash a leased car?

You still owe the leasing company for the value of the vehicle when an accident occurs. However, you may cover repairs with your insurance policy. You may also have gap insurance that pays the difference if you total a leased car, and you suddenly owe the leasing company for the entire value of the vehicle.

Is leasing a car a waste of money?

You don’t normally earn equity when you lease, typically because what you owe on the car only catches up to its value at the end of a lease. This could be viewed as a waste of money by some, since you’re not gaining equity. Like buying a vehicle, you’re required to maintain full coverage auto insurance while you lease.10 jui. 2020

What credit score is needed for a lease?

According to NerdWallet, the exact credit score you need to lease a car varies from dealership to dealership. The typical minimum for most dealerships is 620. A score between 620 and 679 is near ideal and a score between 680 and 739 is considered ideal by most automotive dealerships.13 avr. 2020

What is advertising used for?

Advertising is a marketing tactic involving paying for space to promote a product, service, or cause. The actual promotional messages are called advertisements, or ads for short. The goal of advertising is to reach people most likely to be willing to pay for a company’s products or services and entice them to buy.

What is the most economical way to purchase large items?

The most economical way to purchase large items, such as furniture, is to buy with a credit/debit card.7 mai 2016

Why might people choose to rent a home rather than buy a home quizlet?

Why might people choose to rent a home rather than buy a home? They may be relocated for a job. Building equity in a home is a good thing because…. … equity in a home increases the homeowner’s assets.

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