Which of the following is an advantage of leasing over buying a car? (1 point)
Leasing is nearly always less expensive than buying.
You are always driving a new car, which has the latest safety features.
You can sell the car whenever you want.
When the lease ends, you do not have a car.
You are always driving a new car, which has the latest safety features.
The advantage of leasing over buying a car is that you are always driving a new car, which has the latest safety features.
The advantage of leasing over buying a car is that you are always driving a new car, which has the latest safety features. To determine the correct answer, we need to evaluate each option.
The first option states that leasing is nearly always less expensive than buying. To determine whether this is true or not, you can compare the total costs of leasing and buying a car over a specific period. Consider factors such as monthly payments, upfront costs, depreciation, and maintenance expenses. Perform a cost analysis to determine if leasing is indeed less expensive in your particular situation.
The second option states that you are always driving a new car, which has the latest safety features. This is a benefit of leasing because lease terms are typically shorter than the lifespan of a car. When you lease a car, you get the opportunity to drive a new vehicle at the end of each lease term. Newer cars often come with advanced safety features that can provide enhanced protection.
The third option states that you can sell the car whenever you want. This option does not apply to leasing. When you lease a car, you do not own the vehicle, so you cannot sell it. Instead, you return the car to the leasing company at the end of the lease term. Selling the car is typically an advantage of buying, as you have the option to sell the vehicle whenever you desire.
The fourth option states that when the lease ends, you do not have a car. This statement is true as well. When a lease ends, you return the car to the leasing company. If you want to continue driving a car, you will need to enter a new lease agreement or purchase a different vehicle.
Therefore, the correct answer to the question is: "You are always driving a new car, which has the latest safety features."