QUESTION IMAGE
Question
select all that apply
when negotiating a vehicle lease you should
□ ensure that the price of the car is identical under the lease and purchase option
□ ensure the colour is appropriate
□ ensure that the financing rate is identical under the lease and purchase option
□ assess any mileage restrictions
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Brief Explanations
- The car price does not need to match purchase/lease options, as lease structures differ.
- Car colour is a personal preference, not a lease negotiation priority.
- Financing rates for leases and purchases are typically different products, so they don't need to be identical.
- Mileage restrictions are a critical lease term; exceeding them leads to fees, so assessing them is essential.
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assess any mileage restrictions