Problem: Long Term Financing and Leasing
We cover long term finance and leasing. Most, if not all, of you, either own or lease a vehicle. Answer the following questions as completely as possible.
a) If you own, did you consider leasing? If yes, why did you choose a purchase over a lease?
b) If you lease, why did you go with a lease? List the specific advantages you feel you gained by leasing.
c) If you were to advise a classmate on buying vs leasing, what would be the key factors that you would like them to consider?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.