A car dealer has on offer a special 0 finance deal on the


Question: A car dealer has on offer a special ‘0% finance' deal on the advertised price of £8,671 for a particular model. This requires an initial deposit of £1,734 followed by 24 monthly payments of £289.00. If you could get the price reduced to £8,095 if you paid cash and can earn 9% per annum on money invested in a building society, which method would you use to purchase this car?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: A car dealer has on offer a special 0 finance deal on the
Reference No:- TGS02277704

Expected delivery within 24 Hours