QUESTION IMAGE
Question
read the scenario.
raoul has just been promot which is a steady job. he likes to enjoy life, take vacations, and change things up every now and then. thats why he will not have a lot of extra money to spend on repairs and maintenance on his car.
based on this scenario, raoul should
buy a used car.
lease a used car.
buy a new car.
lease a new car.
Raoul has a steady job but not much extra money for repairs/maintenance, and he likes to change things up. Leasing a new car means lower upfront costs, less worry about major repairs (as the leasing company often handles some), and the ability to get a new car every few years (suits his desire to change things up). Buying a used car might have more repair costs, buying a new car has higher upfront and depreciation, and leasing a used car still has more uncertainty in repairs and less "newness" for his desire to change things. So leasing a new car fits his situation.
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D. lease a new car.