Ask Question
27 December, 09:14

Jim wants to buy a car, but he'll probably only need it for a couple of years. He has a short commute to work, so he won't be putting many miles on his vehicle. What's the best transportation option for Jim?

A Use his savings to buy the car in full

B Buy the car using an auto loan

C Lease the car

D Take public transportation

+2
Answers (1)
  1. 27 December, 09:20
    0
    The correct option is C

    Explanation:

    As Jim want to bought a car but needed for a couple of period and also he has to commute to work but will not be used for many miles. Therefore, the correct option would be to lease a car because leasing will provide the person all the benefits which he want from that particular asset, as it grant the the party right to its exclusive possession for a particular period under stated conditions, in return for periodic rental.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jim wants to buy a car, but he'll probably only need it for a couple of years. He has a short commute to work, so he won't be putting many ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers