The advantage of leasing over purchasing a vehicle is
A)no deposit is required.
B)lower monthly payments than for borrowing.
C)there is less hassle than when purchasing a vehicle.
D)there are no maintenance expenses.

Question

Quizplus · Accepted Answer

Leasing typically offers lower monthly payments compared to purchasing because you are essentially only paying for the depreciation of the vehicle during the lease term rather than the full cost of the vehicle.

The Advantage of Leasing Over Purchasing a Vehicle Is