Question

Which is the most important consideration when deciding to purchase or lease a vehicle?

all current monthly expenditures
the amount of cash saved
the cost of gas and insurance
all monthly car payments

Answer 1

The most important consideration when deciding to purchase or lease a vehicle is to cosider all current monthly exoenditures.

What is lease?

Lease refers to the rent out the property or to take someone's others property on rent. It is an agreement done between the lessor and lessee. Lessor is the owner of the property whereas lessee is the user of that property.

For example the apartment given on rent to the tenant by the owner. Here the apartment is given on Lease.

Thus the first option is correct, all current monthly expenditures is considered at the time of purchase or lease of a vehicle.

Learn more about lessee here:

https://brainly.com/question/14864269

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