Mark wants a new car that costs $30,000. He only has $500 in his savings account and $300 in his checking account. Which financing option should he choose?
He should go with his checking account because his savings is way more valuable
If you answer choices are:
A.) Purchase the car with a 10 percent down payment.
B.) Lease the car with a 0 percent down payment.
C.) Lease the car with a 35 percent down payment.
D.) Purchase the car with a 20 percent down payment.
Than your answer is:
B.) Lease the car with a 0 percent down payment.