Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

for each statement, determine if it is a characteristic of a lease or a…

Question

for each statement, determine if it is a characteristic of a lease or a purchase of a vehicle. the car is returned after the contract. mileage is limited. payments are generally higher. payments are smaller. you can sell the car at any time. buying a vehicle there are no mileage restrictions. leasing a vehicle

Explanation:

Brief Explanations

Leasing a vehicle typically involves returning the car after the contract, having mileage limits, and smaller payments. Buying a vehicle allows selling it at any time and has no mileage restrictions, and generally has higher payments.

Answer:

  • The car is returned after the contract: Leasing a vehicle
  • Mileage is limited: Leasing a vehicle
  • Payments are generally higher: Buying a vehicle
  • Payments are smaller: Leasing a vehicle
  • You can sell the car at any time: Buying a vehicle
  • There are no mileage restrictions: Buying a vehicle