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You are planning to purchase a new car explain whether it is to your advantage to...

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Finance

You are planning to purchase a new car explain whether it is toyour advantage to lease or buy your new car, and why. What did youhave to consider about your personal circumstances before makingthis decision? What are the potential drawbacks of yourdecision?

Answer & Explanation Solved by verified expert
3.8 Ratings (381 Votes)
Purchasing a new car or leasing a car this decision depends on various circumstances Let us consider the scenario that I have decided to buy a new car The advantages of purchasing a new car will be 1 After loan is repaid I can sell it or do what ever being on my property Also if loan    See Answer
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