Ask Question
Social StudiesSocial Studies
15 April, 18:52

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What's the best transportation option for Jim? A Leasing a car. B Renting a car daily. C Utilizing his saving as a down payment and buying the car using an auto loan. D Buying a car using an auto loan.

+4
Answers (1)
  1. 15 April, 19:12
    0
    The correct answer should be C. Utilizing his saving as a down payment and buying the car using an auto loan

    If he put's a down payment then his interest rates will be lower and the car will get paid of quicker and he will be able to use even after the 10 years if he wants to. If he leases it he will not be the legal owner while paying with auto loan will make him an owner.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What's the best ...” in 📗 Social Studies 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
You Might be Interested in
Describes peacemaking criminology and its aims to end human suffering as a way of stopping crime. It's an idealistic theory, but can it work? If you were the victim of a crime, would you be more interested in revenge or in peacemaking?
Answers (1)
Which formerly enslaved individuals became important abolitionists? Select all that apply. -Eli Whitney -Elizabeth Cady Stanton -Frederick Douglass -Lucretia Mott -Sojourner Truth -Susan B. Anthony -William Lloyd Garrison
Answers (1)
What are the effects of economic growth on the environment
Answers (2)
What does the Secretary of Foreign Affairs do?
Answers (1)
I'm which region of the north were most free black males permitted to vote?
Answers (1)
New Questions in Social Studies
The average return earned by a bondholder, given the assumptions that the bond is called on its first call date and that the bondholder receives the eligible interest payments and the call price between the date of purchase and the call date.
Answers (1)
Candidates for governor and lieutenant governor always run as a team. Question 19 options: True False
Answers (2)
Which of the following statements is inaccurate? a) There is substantial agreement about how and when markets fail. b) There is substantial agreement about whether government improves market outcomes.
Answers (1)
Why do many social scientists refer to the us as the American mosaic
Answers (1)
A network administrator has a tough job of connecting more than 100 users
Answers (1)
Home » Social Studies » Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What's the best transportation option for Jim? A Leasing a car. B Renting a car daily.
Sign Up Forgot Password?