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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.

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  1. 15 April, 19:12
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    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.
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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.
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