Question 27730 • FL-1700380-Career Research and Decision Making
What are the most important questions you must ask when considering whether to buy or lease a car? Check all that apply.How much can I afford to spend each month?What are the advantages and disadvantages of buying and leasing?Which style of car is the most appealing to me?How much of my savings will I have to use if I lease or buy?How much should I budget for gas, insurance, and repairs?Which dealership is closest to my neighborhood?
Answer
A
How much can I afford to spend each month?
B
What are the advantages and disadvantages of buying and leasing?
C
Which style of car is the most appealing to me?
D
How much of my savings will I have to use if I lease or buy?
E
How much should I budget for gas, insurance, and repairs?
F
Which dealership is closest to my neighborhood?
Explanation
The key questions are about whether the cost fits your budget and which option makes financial sense. Ask how much you can spend each month, how buying and leasing compare, how much savings you would need to use, and what to budget for gas, insurance, and repairs. Car style and dealership location may matter to your preferences, but they are not the most important financial questions when deciding whether to buy or lease.
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